Sales Commission Calculator with Tiered Rates

Professional Guide

This Excel tool calculates tiered sales commissions and performance bonuses for 100+ sales representatives, using nested IF functions to apply progressive commission rates (5% for $20k–$50k sales, 10% for $50k–$100k, 15% for $100k+). A separate IF function adds a 2% performance bonus for reps who meet customer satisfaction targets. It integrates with CRM sales data exports, updates commissions in real-time as sales numbers change, and uses pivot tables to track total payouts by sales region. Ideal for sales and finance teams, it reduces commission calculation time by 80% and eliminates manual calculation errors that cause rep dissatisfaction.