Memorandum Regarding New Incentive Plans



Memorandum Regarding New Incentive Plans :




This Memorandum should be typed in the official letter-head of the company.


TO :


FROM :


DATE :


SUBJECT : New Incentive Plans


Currently, all of Batra Consultants sales representatives receive 2 percent of the total revenue collected from clients they have signed. However, recently the number of new clients being signed has plummeted.


As an incentive to bring in more new clients we are announcing a special commission rate. All sales representatives will receive a 5 percent commission of the total revenue collected from new clients who sign within the next quarter. In addition, the sales representatives will receive a Rs.20 000 signing bonus to be distributed upon approval of the contract.


Remember this special rate is only offered for clients signed within the next four months.


Good luck!




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