12.07.2015 Views

Pay Plans for the Sales and Administrative Staff - DealersEdge

Pay Plans for the Sales and Administrative Staff - DealersEdge

Pay Plans for the Sales and Administrative Staff - DealersEdge

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Base:Base pay:Commission:Bonus:$12.55 per hour80% of projected incomeAccountant/Bookkeeper34You will be paid a quarterly Bonus <strong>for</strong> each store you process payroll <strong>and</strong> taxes <strong>for</strong> of$300.00 per Quarter if <strong>the</strong>re are NO Tax penalties <strong>for</strong> <strong>the</strong> specific store each Quarter.Also you will be paid a bonus based on <strong>the</strong> Toyota stores vehicle sales at $5.00 pervehicle sold per month (does not include fleet deals) divided by <strong>the</strong> accounting personnelwho have been employed at least 1 year.• 50% paid at month end if SSI is green• 75% paid of 50% at month end if SSI is not green• 50% paid in December if SSI is green <strong>for</strong> <strong>the</strong> year end.You will also earn back all monies not paid due to SSI if <strong>the</strong> year end score was Green.***Commissions will be paid monthly by <strong>the</strong> 10th of <strong>the</strong> following month. If you are paid a draw oradvance on your commissions, we will deduct that amount from <strong>the</strong> commissions that you earn,<strong>and</strong> pay you <strong>the</strong> balance.NoneO<strong>the</strong>r Compensation: None____________________________________________________________________________________General Dealership In<strong>for</strong>mation:Dealer Franchise(s):Monthly <strong>Sales</strong> Vol. (new & used):# of <strong>Sales</strong> People: 30Toyota, BMW, Honda, Pontiac, Buick & GMC201 - Negotiated Sale# of Mechanical Technicians: 42 - Non-Union – Lateral supportBenefits:Health Insurance: Yes Life Insurance: YesPrescription Plan: Yes Dental Plan: Yes Profit Sharing: No Stock Options: No Retirement Plan: Yes, 401K # Vacation Days: 4 after 90 days, 9 after 1 year, 14 after 2 years ect# Paid Sick Days: Vacation <strong>and</strong> sick are called PTO Paid Holidays: 5 <strong>for</strong> all but productive on 3 <strong>for</strong> productive O<strong>the</strong>r Benefits: Prepaid legal, HHF, FSA, AFLAC,____________________________________________________________________________________Comments:Total pay looks OK. But I question <strong>the</strong> use of a commission plan <strong>for</strong> clerical staff. I’d ra<strong>the</strong>r see a fixeddollar bonus paid quarterly based on achievement of specific goals.CTR 17

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