To help you quickly get started with QuotaPath, we offer a template library of some common and effective comp plans. The Single Rate Commission plan can be found under Sales Representative Plans.

A Single Rate Commission plan is commonly used by Account Executives, Enterprise Account Executives, Senior Account Executives, Sales Executives, and Sales Reps.

The most basic form of sales commissions are Single Rate Commissions, also called Flat or Fixed Rate Commissions. All these terms mean you earn a set, single percentage off the deals you close.

Below are a few examples of how this plan could be applied in a variety of industries and goods sold.

An Account Executive has a monthly quota of $33,000 ARR and earns a 10% commission of every deal they close.

An IT Sales Rep has a hardware quota of $100,000 of revenue a quarter and earns 6% of every deal they close.

An Insurance Rep has a resale quota of $20,000 of health insurance plans per month and earns 15% of the premium of every plan sold.

Plan name: Single Rate Commission

Quota: $33,000 per month

Commission Rate: 10% on all deals

If this template closely matches your comp plan, choose "Use this template." On the next screen, you can fully edit the plan, its name, and its Paths to make it an exact match to your comp plan. It's quicker than starting from scratch. The template library is also a great way to see all the plans QuotaPath supports!