Setting up Commission Plans

Karmly can manage your consultant commissions to make payday a breeze. You can set up custom commission plans to suit your needs under Manage > Commission Plans. Click Add Plan and set the following details:

Plan Name - A name for you to identify the plan by.

Placement Type - Which Placement Type this commission plan should apply to. Set to All if it applies to all placements. Otherwise, you can set the plan to only earn commission for perm, contractor, or labour hire placements. Alternatively, you can choose Team if it's for placements with a specific label - you'll then need to select the appropriate label.

Sales Group - Which Sales Group the plan applies to. If set to All then the consultant will earn commission on all placements, regardless of the consultant's Sales Group. If set to Account Manager or Recruiter, the consultant will only earn commission for placements where their Sales Group has been set to the selected Sales Group, or to All. 

Target Type - Whether the commission targets are based on Revenue, Gross Margin, or a Sales Target %. If this is set to Sales Target % then the Payment Basis setting will determine whether the Sales Target is Revenue or Gross Margin based. 

Target Period - How long the commission should be calculated over (month, quarter, half-year, year).

Payment Type - Whether the commission payment is calculated based on Gross Margin, a Fixed dollar amount, or Revenue. 

From there, click the green plus button at the bottom to add targets with the following settings:

Target To - The upper threshold this tier applies to. The first threshold will, by default, be from $0 (or 0% for Sales Target commissions) up to the Target To threshold you specify. The next tier will be from the upper limit of the previous threshold to the threshold specified on that tier.

Fixed Commission - A fixed commission amount the consultant should earn when they reach that tier. 

Variable Commission - The percentage commission consultants should earn on all earnings falling within that tier. 

You can have as many tiers as you like. If there is no cap to the amount of commission consultants can earn, make sure your final tier has a Target To value that is higher than the consultants could possibly achieve.

Finally, click on the Consultant tab to add any consultants this plan should apply to. Consultants can be assigned to as many plans as you like.

As the Placements these consultants are assigned to have time recorded against them, commission earnings will appear in the Commission tab.

Read more about running a Commission Batch here.