Showing posts with label old collection. Show all posts
Showing posts with label old collection. Show all posts

January 25, 2019

2019 ORC incentive mechanics for SBU and 3f for achievement of collection and sales incentives

PAGSASANAY SA TAGUMPAY For kaizen reports: You must post pictures under this template duly classified. Answer and provide pictures for all headings. COMPLY AND UNDERSTAND
. 1. Pics of office (storage, files)/chapel, cr. Also post pictures of your staff in complete uniform daily with id for am talk) STRICT COMPLIANCE
 2. Pics of site (the park) beautification/construction
 3. Pics of warehouse inside and outside; SHOW INVENTORIES AND LOCKS
 4. Pics of inventory of equipment (especially of those non operating) and materials
 5. Pics of operational equipment



o :      ALL SBUs

Attention:    Holy Gardens   La Union
                                         Pangasinan
                                         Malasiqui
                                         Greenhills
                                         Calamba
                                         Calapan
                                         Oton
                                         Holy Angels Memorial Park

Subject:  2019 ORC incentive mechanics for Reaching Collection and Sales Target and submission by an SBU of Marketing Plan
_______________________________________________________

What   :   Giving an ORC incentive to SBU for reaching collection target (old
                and new) through stricter collection target and agrressive
                selling from 1.5 to 2.75 of Net Cash Received

Net Cash Received:   Net amount of cash received from gross collection, net
                                of outright commission (taken from commission fund, 
                                collection fee, and discount, freebie if any

Objectives:

       1. To make the CMO and marketing staff richer and possibly millionaires
           through a generous ORC incentive offer;

       2.  To make up for shortfall in collection of about P66,000,000 due to low
             sales and collection performance in 2018

      3.  To motivate staff: to be more effective and efficient in 2019

Reality: 

     1.  Sales achievement in 2018 was only 30%, collection  only 50%.  No matter           what we attempted to do, we encountered obstacles

     2.  We had prizes and incentives for sales agents:  10 14 17%
         1% of TGS for sellers selling 10 or more every month, 2% for Sales
          Agencies every quarter of 100 or more

     3. Many sbus and even 3rd floor seemed disillusioned about this or are
         hardly trying

        BUT HGGMP MAY meet this January and take home P91,000 by Feb 15, 2019


3.  What to do?

     1.  Table of % Incentives and target NCR/ Month

 SBU               1.50          1.75          2.0        2.25          2.5     2.75   %

HAMP             2.5            3.0            3.5         4.0          4.5       5.0      millions
La Union         2.8            3.3            3.8         4.3          4.8       5.3 
Pangasinan    5. 9            6.4            6.9         7.4          7.9       8.4
Malasiqui       2.1             2.6            3.1         3.6          4.1       4.6
Calamba        6.6             7.1            7.6         8.1          8.6       9.1
Calapan         1.6             2.1            2.6         3.1          3.6       4.1
Oton              3.8            4.3             4.8         5.3         5.8        6.3

Total             25.3        28.3           31.8         36.3       41.8      46.3

3f staff          %              0.25            0.275      0.30       0.325    0.35

2.  Weekly and Daily Target Breakdown examples ( the SBU must compute
     for other targetted amount
                        
                                Minimum Target

   SBU          Monthly              Weekly                  Daily Targets
                                                  /4                                 /5
   HAMP          2.5 M              625,000                  P125,000     
   La Union       2.8                 700.000                    140,000
   Pangas         5.9               1,475.000                    295,000
   Malasiqui      2.1                  525,000                    105,000
   Calamba       6.6               1,650,000                    330,000
   Calapan        1.6                 400,000                       80,000
   Oton             3.8                 950,000                     190,000

   Total            25.3              6,325,000                    1,265,000

N.B  These are cumulative targets, namely, if they are not met on the month, the backlog shall be added into the succeeding month's target




3.  Estimated amount of incentives/month

HAMP         37.5K        52.5            70.0        90.0          113.0    137K
La Union      42.0          57.5            76.0        96.750       120      147.5K
Panga         88.5.         112.5           138.0      166.5         197.5    231.
Malasiqui     31.5          45.5            62.0       81.0          102.5    126.5
Calamba      99.0        124.5           152.0     182.5         215.0    250.25
Calapan       24.0         36.75           52.0      69.75         90.0      112.75
Oton             57.0         75.25           96.0     119.25      145.75    173.25

Total         384.00         504.50          646.00    808,75      983.75  1178.25

3f                --             70.75            87.45      108.9         135.85    161.00