Compensation Plan
Compensation Plan
Agenda
1
2
Introduction
Opportunities
3
4
Compensation Plan Bonuses/Benefits
5 Stratifications
About Us ● ●
● ●
We sell print newspapers and digital subscriptions. Our revenue is generated through the sale of advertisements in our print and digital content. Acquiring new businesses and retaining the loyalty of our current advertisers Headquartered in Boston, MA
Oldest Daily Newspaper
Places to work in the US
Pulitzer Prize Winner
Why Boston Globe
Compensation Plan QUOTA TARGET INCOME TOTAL INCOME
$1 Million; 70% of Sales reps reached quota
50% Revenue Income + 50% Base Salary
Target Income + Quarter Bonus + Digital Bonus
Tiers Tiers
Base Salary
Commission and Bonuses
Quota
Target Income
Tier 1
70k
70k
>2m
140,000
Tier 2
60k
60k
>1m
120,000
Tier 3
50k
50k
1m
100,000
Payout Table Plus potential additional 8%
Payout
Tier 1
Tier 2
Tier 3
100% of Quota
$11,367
$10,321
$8,917
90% of Quota
$10,167
$8,300
$5,903
80% of Quota
$6,167
$5,323
$4,150
70% of Quota
$4,225
$3,750
$3,563
60% of Quota
$4,182
$3,640
$3,460
50% of Quota
$4,150
$3,550
$3,363
40% of Quota
$4,125
$3,450
$3,150
30% of Quota
$3,750
$3,333
$3,060
20% of Quota
$3,700
$3,233
$2,867
10% of Quota
$3,667
$3,100
$2,067
0% of Quota
0
0
0
Quarterly Bonuses Quarter
Quota Achieved
Quarter Bonus
Q1
$250k
$1,000
Q2
$500k
$1,500
Q3
$750k
$2,000
Q4
$1m
$2,500
TOTAL
$7,000
Digital Bonuses Tier
Digital Revenue
Payouts
Tier I
$750,000
$7,500
Tier II
$250k - $750k
$5,000
Tier III
$250k
$2,500
Tier Stratification TIER 3
TIER 2
TIER 1 SENIOR SALES REP
SALES MANAGER
SALES REP
SALES ASSOCIATE
● ●
0-1 year of experience $100k+ Target Income
● ●
1-2 years of experience $120k+ target Income
●
3-5 years of experience
●
$140k+ target Income
●
5+ years of experience
●
$200k+ Target Income
5 Year Potential Total Compensation 5 year plan
Tier
Commision
Quarterly Bonus
Digital Bonus
Salary
Total Compensation
Year 1
Tier 3
$40,500
$7,000
$2,500
$50,000
$100,000
Year 2
Tier 2
$48,000
$7,000
$5,000
$60,000
$120,000
Year 3
Tier 2
$48,000
$7,000
$5,000
$60,000
$120,000
Year 4
Tier 1
$55,500
$7,000
$7,500
$70,000
$140,000
Year 5
Tier 1
$55,500
$7,000
$7,500
$70,000
$140,000
Immediate Benefits Company Car
Any car with value up to $50,000
Relocation Bonus
Transitional housing for the first five months when sign within 24 hours, two months within one week
Local Opportunities
Get box tickets to local sports games like the Red Sox, Bruins and Celtics
Family Medical Insurance
Medical and Dental Insurance for the whole family
Signing & Training Signing Bonus
$10,000 for signing within 24 hours $3,000 for signing within one week
Training
Upon employee start date, a 3-month training period commences to best prepare our new sales team members to succeed Mentorship will be held by a senior executive sales person to acclimate new employees to the environment and ensure that the transition is smooth
Annual Rewards
Premium Car ($100,000>) Top 1%
Season Tickets to favorite Boston Team .
Top 20%
2 tickets to 1 professional game Top 15%
Top 5%
Top 10%
Reserved Parking for an entire quarter Invitation to NYC for a Sales Conference to meet executives
WHY NOT JOIN US TODAY?