What Should I Ask For: Adding Accelerators to Comp Plan

I've been mulling this one over for a while...

Saw a good post from @TheLaughingWolf but I don't think it completely applies as we don't have BDRs or SDRs.

First, here are some facts of my position (AE for hardgood) and company:

• We don't have a formal quota.
• Currently we are expected to hit a rough number because it means we are working, but no actual quotas in place.
• $120,000 in sales per month would be average.
• Only 4 people on sales team. This is a SMALL, private company but many people on production side.
• Each sales person focuses on different things. Same products but different markets is main difference.
• Currently make base salary + 3% commission on whatever I sell, paid each month. This was cut down a few months back and no change in base (yes I know, red flag).
• No equity offered to any of us.

I have worked in SaaS before and I miss those sweet 10% commission comps with the fun accelerators. To be honest I am still making relatively good money but my yearly review is coming up and I am preparing in a few ways.

I know my salary is underpaid for the market, so I'm prepping to have offers on the table at the time of the meeting but I like my current company in terms of flexibility so I want to see if they offer me the incentive to stay.

This would be

• Solid raise to a market competitive salary (if they don't offer I will ask)
• Change in commission structure so when I sell more I am compensated for knocking it out of the park.

I plan to propose a 1% increase per every 25K over 100K per month. Nothing too fancy or complicated, and this straight up incentives direct sales.

Would love to hear your thoughts! And yes if I'm not compensated fairly with a solid raise I plan to go elsewhere.