Overview
Manage compensation plan overrides in STAKT to efficiently adapt and customize pay structures for various sales roles. Facilitate seamless adjustments and configurations, ensuring transparency and alignment with company objectives.
View and Edit Overrides
Edit Specific Override
Click the Edit button for the specific override you wish to modify. This action brings up the edit form.
In the edit form, change the override name by typing into the Override Name textbox. Select the appropriate roles by checking the Closers or Setters checkboxes.
Add relevant notes in the Notes textbox. Save your changes by clicking the Save button.
Configure Override Settings
Add Override Settings
To add override settings, first click the Settings button. This will open a form onscreen. Use the Date Picker to select a start date. Next, choose a calculation type from the Dropdown. Enter the sales stack options in the provided Textbox fields.
Ensure Accurate Settings
Calculation types and sales stack options directly impact compensation. Set them precisely to align your payment structures effectively.
Configure Payment Options
To configure the payment options, begin by selecting your Company Per Unit option from the Dropdown. Enter the desired value in the adjacent Textbox. Repeat this process for Company Fixed, Company Percent, and Company Max.
Next, determine the Upfront Payment Amount by entering the value in the Textbox provided. Specify a maximum amount, if applicable. Follow a similar process for configuring Progress Payment Amount.
Once all payment options are configured, click the Save button to store your settings. This ensures that all adjustments are applied to the representative's compensation plan override.
Manage Representative Overrides
View Representative Overrides
To navigate to the list of representative level overrides, locate and click the Overrides option. This will display the list view of representative level overrides. Here, you can view, edit, delete, or manage exceptions for each entry using the respective Edit, Del, Exceptions, or Add buttons.
Add New Override
Click the Add button to open the form. Select start and end dates using Date Pickers, choose an override type and payee from Dropdowns, and optionally select the Claw Back checkbox. Save the new override using the Save button.