Add a milestone bonus
Updated
Pay a bonus when a person reaches a target.
2 minutes · Owner
1
Open the plan, press Edit Plan, then Edit this plan.
2
Press Add Rule and choose Milestone Bonus.
3
Pick the product lines that count, and Policy Count or $ Written Premium.
4
Type the target and the amount.
5
Choose a scope under Measured Over.
6
Press Done.
A milestone is a bonus for reaching a target, and its scope decides how often it can pay. You set the scope under Measured Over.
- This Year (YTD) counts from January 1 and pays once, in the month the running total reaches the target.
- All Time counts everything the person has written and pays once, ever.
- Rolling Window looks back the number of months you enter and pays in every month those months together meet the target.
- Each Pay Period pays in every pay period the target is reached, then starts again.
Whatever the scope, a milestone pays its amount once when it is due. Going far past the target does not multiply it.
For when to use one, see What is a milestone bonus?