Sales Commissions Policy
Guidelines for Setting Commission Rates
Define and manage sales commission rates, earnings, and responsibilities effectively with our comprehensive Sales Commissions Policy.
This policy states that sales commission rates must be set by the president in consultation with the sales manager; sales commission rates must be reviewed every three years; commissions earned on the date a customer is invoiced for a sale or at the time the sale is registered at a point of sale terminal must be considered; and if an invoice is classified as bad debt, the commission value previously paid on that sale must be reversed and deducted from current commissions payable to the sales person.