mainLet me illustrate... - Support: sr #104413, Calculate producer compensation

 
 

You are not allowed to post comments on this tracker with your current authentication level.

sr #104413: Calculate producer compensation

Submitter:  Greg Chicares <chicares>
Submitted:  Mon 11 Jul 2005 10:11:00 PM UTC
   
 
Category:  Calculations Status:  Wont Do
Priority:  1 - Later Severity:  1 - Wish
Assigned to:  None Open/Closed:  Closed

Wed 09 Aug 2017 04:30:19 PM UTC, comment #1: 

Not practical because different classes of agents are paid
according to different commission scales, not to mention
manager and general-agent overrides.

Greg Chicares <chicares>
Group administrator
Mon 11 Jul 2005 10:11:00 PM UTC, original submission:  

The system should calculate producer compensation. The limited
calculation that was added in a great hurry last year is suspected
of being incorrect.

Both premium- and asset-based compensation should be calculated.
It would be desirable to permit banded or tiered asset-based
compensation. Any "extra" compensation entered in the input GUI
should also be reflected.

Incidence of compensation should be tracked carefully, or the
accuracy of the calculation should be disclaimed. Asset-based
compensation might typically be paid each quarter based on
average assets, for instance.

Compensation would normally be shown in a separate report.
It may be helpful to show asset- and premium-based compensation
separately along with their sum.

Greg Chicares <chicares>
Group administrator

 

(Note: upload size limit is set to 16384 kB, after insertion of the required escape characters.)

No files currently attached

 

Depends on the following items: None found

Items that depend on this one: None found

 

Carbon-Copy List
  • -email is unavailable- added by chicares (Posted a comment)
  •  

    There are 0 votes so far. Votes easily highlight which items people would like to see resolved in priority, independently of the priority of the item set by tracker managers.

     

    Follow 4 latest changes.

    Date Changed by Updated Field Previous Value => Replaced by
    2017-08-09 chicares StatusNone Wont Do
        Open/ClosedOpen Closed
    2006-09-26 chicares Priority5 - Normal 1 - Later
    2006-04-27 wboutin CategoryNone Calculations

    Back to the top

    Powered by Savane 3.13-3230.
    Corresponding source code