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A mechanism where the earnings are an amount per unit volume, but the size of this amount depends on the level of transactions growth achieved.
For this plug-in, growth relative to baseline can be expressed as a number of units, as an amount of money, as a percentage that is calculated using transactions in units, or as a percentage that is calculated using transactions value.
A program line for which the earnings are £0.50 per unit if transactions growth is less than £500,000, £0.65 per unit if transactions growth is greater than or equal to £500,000 but less than £750,000, or £0.80 per unit if transactions growth is greater than or equal to £750,000.
Within Enable, you will be required to:
Enable will select matching transaction lines for the program line, based on:
To calculate an earnings result for the program line as a whole, Enable will use whichever of the following is appropriate given your growth target type selection to determine which target band, and therefore which earnings amount, applies:
To calculate an earnings result for each matching transaction line, Enable will multiply the per unit rate that applies to the program line as a whole by the entry for transaction units that applies to the transaction line.
If the growth target type is Units or % by units, you will be able (but not required) to use the ‘Mechanism details’ area of the program line config page to:
If the growth target type is Value or % by value, you will be able (but not required) to use the ‘Mechanism details’ area of the program line configuration page to:
For a program line that uses the Targeted unit rate with growth targets plug-in, the Retrospective? box will be ticked by default.
If the Fully retrospective? box remains unticked, Enable will perform a partially retrospective calculation that involves applying the achieved rate ‘back to baseline’ rather than ‘back to zero’.
Alternatively, when both of these boxes are ticked, the earnings will be calculated with the achieved rate applied retrospectively, or ‘back to zero’.
Consider for example a program line that has a growth target type of % by value with target bands as follows:
If for the above program line the total for included transactions is £23,500 and the baseline value is £20,000 (such that the % growth by units is 23,500 / 20,000, or 117.5%), Enable will calculate the earnings as:
The above example shows how the program line level result for earnings would be calculated for a partially retrospective or non-retrospective program line that uses the Targeted unit rate with growth targets plug-in. To calculate an earnings result for each of the included transaction lines for such a program line, Enable will use:
For a program line that uses the Targeted unit rate with growth targets plug-in, the Separate target and earning transactions? tick box is unticked by default.
When the Separate target and earning transactions? box is unticked:
When the Separate target and earning transactions? box is ticked:
For a program line that uses the Targeted unit rate with growth targets plug-in, you will only be able to configure a discount percentage if the growth target type is Value or % by value. If the growth target type is Units or % by units for a program line that uses the Targeted unit rate with growth targets plug-in, the Discount % setting will be hidden.
By default, the discount percentage is set to null to indicate that there is no (i.e. zero%) discount percentage.
You will have the option of taking no action to accept the default null value for Discount % or typing a numeric value (to a maximum of 3 decimal places) to specify a discount percentage.
Please note — you should enter the percentage value, e.g. 2.5 as opposed to 0.025 for a 2.5% discount.
The expected scenario is one where a user enters a positive percentage (e.g. 2.5) to reduce the qualifying transactions, although the user may enter a negative percentage to inflate the relevant transactions. You will not be allowed to enter a percentage that is greater than 100% or less than -100%.
When a non-zero value is entered into the Discount % box a Discount deducted from setting becomes visible.
For a program line that uses the Targeted unit rate with growth targets plug-in and has a growth target type of Value or % by value:
For a program line that uses the Targeted unit rate with growth targets plug-in, you will only be able to select deduction program lines if the growth target type is Value or % by value. If the growth target type is Units or % by units for a program line that uses the Targeted unit rate with growth targets plug-in, the Deductions setting will be hidden.
The Deductions setting allows you to select one or more program lines whose earnings should be deducted from the qualifying transactions before the program line results are calculated for the ‘deduct from’ program line.
By default, no program lines are selected for the Deductions setting.
You will have the option of taking no action to accept this default selection or selecting from a list of the program lines that have been configured for the parent trading program. If you accept the default option, Enable will calculate both transactions and earnings for the ‘deduct from’ program line in the normal way without referring to the earnings from any other program lines.
To calculate the earnings for a program line that uses the Targeted unit rate with growth targets plug-in where one or more program lines have been selected for the Deductions setting, Trading Programs will:
For a program line where one or more program lines have been selected for the Deductions setting and a non-zero discount percentage has been entered, the discount percentage is applied first. That is, the relevant percentage discounts are applied before the earnings from the deductions program line(s) are subtracted.