Configure tenure
Guide to set up tenure-based incentives for long-term employees.
Tenure-based commissions are commissions that you pay your employees who complete a certain period of time working in your organization. You may also use tenure-based commissions as a tool to retain employees and offer this commission as an incentive at regular intervals, say after employees complete 1 year, 2 years, 3 years and so on.
At the center level, click the Configurations icon.
Search and select Tenure from the Employees section.
Enter the commission percentage and from the drop-down list, select the number of years (of service).
Click Add.
To remove a commission slab, click the Delete (red cross) icon.
How does Zenoti calculate tenure commission?
Zenoti calculates tenure commission as a percentage of the total revenue generated by the employee over a pay period.
For example, you may give a tenure commission of 5% to an employee who has completed two years in the organization. If the employee brought in a revenue of $400 in a pay period and completed two years, then the employee earns a tenure commission of $20 (5% of 400).
How does tenure commission impact employee reports?
The Employee Payroll Details report displays the tenure commission in the Bonus and Penalty Details column.
To view all the columns of the report, always export these reports - the UI shows fewer columns.