To design and roll-out a new compensation plan in QuotaPath, simply complete the following steps:
Create plan
Review plan
Publish plan
Assign members
Request plan verification
Continue reading for detailed instructions on completing each of the above steps.
Create plan
To create a new compensation plan, navigate to the 'Plans' page in the left-hand navigation and and click '+Add Plan' in the top right hand corner. Only Admins are able to create new plans.
Next, choose whether you'd like to build the plan from scratch using our compensation plan builder, or choose from one of our compensation plan templates.
Build from scratch
If you choose to build a plan from scratch, you'll first name the plan and from there, you'll add the first path to the plan. For detailed instructions on adding a path to a plan, please visit this article.
After creating the first path, you can finish setting up the plan by adding additional paths to the plan, syncing the plan to integrated data, assign members to the plan, or jump to the plan details to further manage the plan and preview plan performance.
Use a template
If you choose a template, on the following screen you'll be able to adjust the inputs of the template and then click 'Use this template' to add the plan when complete. From there, you can finish setting up the plan by adding additional paths to the plan, syncing the plan to integrated data, assign members to the plan, or jump to the plan details to further manage the plan and preview plan performance.
Review plan
Once the plan has been created, it will automatically enter a 'Draft' state. This means that only Admins can view and manage the plan until it is published to an 'Active' state. In order to finish designing the plan before publishing it, you can preview plan performance data and make further edits to the plan from the plan details page. To navigate to the plans details page, click the plan from the 'Draft Plans' tab on the Plans page.
From the plan details page, Admins can do the following to finish designing the plan before publishing:
Edit plan or path name
Assign members
Add or edit paths
Edit path weighting or member compensation (if Automatic Commission Rates enabled on path)
View & assign individual quotas
View & assign individual rates
Duplicate or delete plan or path
Add or edit path data mappings
Add plan document & request plan verification
View plan performance:
Total earnings
Average effective rate
Plan earnings by member
Plan attainment by member
For more detailed information on the plan details page, please visit this article.
Publish plan
Once you've finished designing the plan, simply click the 'Publish plan' button in the top right hand corner of the plan details page.
When publishing a plan, you'll have the option to notify plan assignees via email. From there, you can also request plan verification.
Assign members
If you publish a draft plan and no members have been assigned to the plan, you'll be prompted to assign members after publishing:
If you choose not to assign members at this time, you can always visit the Plans page later and assign members by navigating to the plan and selecting "Assign members" from the kebob menu on the right side of the plan.
Request plan verification
After publishing a draft plan with members already assigned, you'll be automatically prompted to request plan verification.
If you did not have members assigned to the plan at the time of publishing, after assign members, you can later request plan verification by navigating to the plan and selecting "Request verification" from the kebob menu on the right side of the plan.
For more detailed information on requesting plan verification, please visit this article.