The emloyee who with their reference gets the candidate will be eligible for the Incentive as per
the below slab. Incentive will be received on the basis of salary that will decided for that particular new joinee For eg. If the candidate salary follows between 5000 to 10000 than the incentive amount will be 2000
Salary Range of New Joinees Incentive Amount for the employee those who gets the new employee upto 5000 1000 5000 10000 2000 10001 20000 4000
s per the below slab.
Incentive Matrix Total Eligible marks Welcome Sr A B C D E F G I J K L Incentive Amount KPIs Recruitment Joining Documentation MIS & Reports
Birthdays
20
Confirmation Attendance Activities Attrition Analytical Initiative Recruitment Cost low To be decided
line HR's to be initiated Define the HR Spoc's of the process
Total Points achieved 12 to 16
Incentive Total Points achieved 50% 17 to 21
Incentive 70%
Target Closed in 5 days TAT
Points 3
Target Closed in 7 days TAT
Points 2
Accuracy 96% & above
91% - 95%
96% & above 80% paricipation less than 10%
2 2 3
91% - 95%
3points 4points
Total Points achieved Incentive 21 above 100%
Target Closed in 10 days TAT
Points 1
85%&above
Weekly Targets and incentive plan : Sales Assosiate : Gold star : Rs. 500/- per week. Black Dot : Rs. 200/- per week.
Sr. Sales Assosiate : Gold Star : Rs. 600/- per week Black Dot : Rs. 250/- per week
Supervisor : Incentive is split into two groups . One is for team target totals and one is achievement of individual members of the Gold Star : team tgt ::350/individuals in team who are gold star: rs 400 ( he would get a %of rs.400 depending upon the number of t team tgt : black dot : rs.150/individuals in team achieving black dot /gold star : rs. 150/- ( he would get a % of rs.150 depending upon
Department Manager : Incentive is split into two groups . One is for team target totals and one is achievement of individual members of the Gold star : team : rs. 700/individuals in team who are gold star: rs 800 ( he would get a %of rs.800 depending upon the num team tgt : black dot : rs.250/individuals in team achieving black dot /gold star : rs. 250/- ( he would get a % of rs.250 depending
AOM : Incentive is split into two groups . One is for team target totals and one is achievement of individual members of the Gold star store : rs. 1500/team : % of number of sups and department mgrs achiving the targets to total rs. 2500/black dot store : rs.500/rs. 750 for team .
OM Gold star
store : team : store :
black dot
rs. 1500/% of number of sups and department mgrs achiving the targets to total rs. 2500/rs.500/rs.750/- team % of department managers in the region achiving the gold star status.
AGM
chain team store team
black dot
rs.2500/% of department managers in the region achiving the gold star status. rs.3500/rs.1000/rs. 1250/-
% of department managers in the region achiving the gold star status.
Note :
team incentive is applicable only if the main target gold star/ black dot is achieved. for eg. If the department is not a gold star . He would not get the incentive of gold star if the department is not a black dot , he would not get the incentive of black dot team.
period incentive Plan : if u are a gold star for the period , then period incentive will apply . Quarter incentive plan : if u are a gold star for the quarter , then quarter incentive will apply Annual incentive : if u are a gold star for the year then, the annual incentive will apply.
ment of individual members of the team. depending upon the number of team members achieving gold star )
et a % of rs.150 depending upon the number of team members achieving )
ment of individual members of the team. rs.800 depending upon the number of team members achieving gold star)
ould get a % of rs.250 depending upon the number of team members achieving )
ment of individual members of the team.
argets to total
argets to total
gold star status.
gold star status.
gold star status.
ck dot is achieved. incentive of gold star ive of black dot team.
selling staff : incentive plan per week sa [Link] gold star black dot period gold quarter gold annual gold current 1st level gold star 3rd level 500 200 500 500 5000 600 250 600 600 6000
sup 750 300 750 750 7500
dm 1500 500 1500 1500 15000
Aom 4000 1250 4000 4000 40000
Sr. OM/ OM 4000 1250 4000 4000 40000
125 169 250
188 250 313
250 375 500
375 625 1000
1250 2500 3750
1250 2500 3750
old blk dot new blk dot old gold star new gold star old 3rd level new third level
6500 10400 8775 34000 13000 39000
9750 13000 13000 40800 16250 46800
13000 15600 19500 51000 26000 58500
19500 26000 32500 102000 52000 117000
65000 65000 130000 272000 195000 312000
65000 65000 130000 272000 195000 312000
Gold star Black Dot
Budgeted sales figure 1st level target
trainee department manager , assistant dm will get the incentive as per the department manager trainee aom , will get incentive on the basis of aom.
department manager
