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INTERNET SALES SPECIALIST 3 MONTH INCOME ASSURANCE
             ADDENDUM TO DEALERSHIP COMPENSATION PLAN
Dealership:

Employee Name:

Job Title:                     Internet Sales Specialist           Effective Date:

90 day Income Assurance Pay Plan (see minimum requirements):
⇒        1st Month:     $1,000 salary + $1,500 Income Guarantee* (see note 1)
⇒        2nd Month:     $1,000 salary + $2,000 Income Guarantee*
⇒        3rd Month:     $1,000 salary + $2,500 Income Guarantee*

Minimum Requirements to be eligible for 90 day Income Assurance:
   1. Sales associate must deliver a minimum of 5 units per month. This requirement will not apply to any
      partial calendar month at start of employment.
   2. Generate and log a minimum of 20 OTDB’s (Opportunities To Do Business) generated from Internet
      sales leads per month. Does not apply to any partial calendar month at start of employment.
Notes:
         The payroll period for sales personnel ends on the last day of each month. Salary Payday is the 16th of
         each month. Final settlement for each monthly pay period is based on when the accounting period ends
         and will generally occur between the 5th and the 9th . Employee is responsible to clock in and out when at
         the dealership using the UCS time tracking system. If you do not meet units sold to date, you will be
         paid clocked hours times the current minimum wage. All commission, wages, and salaries are paid in
         strict conformance with current State and Federal Wage and Hour Laws. If the 16th falls on a non-
         business day, paychecks will be distributed on the first business day following.

             1. Internet Sales Specialist pay plan will supersede this guarantee if earnings are determined to be
                greater at month end under the dealership standard Internet Sales Specialist pay plan.
             2. Salary will be prorated from termination for any partial calendar month of employment for which
                the associate qualifies for the guarantee.
             3. all employees on salary or guarantee are required to clock in and out using the UCS time
                tracking system.
the parties each acknowledge that they have fully read and understand the contents of this agreement and the
standard Internet Sales Specialist pay plan. This pay plan is not a contract of employment. Either the individual
or the company may terminate employment at any time for any reason. Courtesy Chevrolet reserves the right to
change the terms of this agreement without notice as it deems necessary.


______________________________________                                      ________________________
Associate Signature                                                          Date


______________________________________                                      ________________________
Manager Signature                                                            Date

*Total of all employee income including commissions, spiffs and bonuses

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Iss new hireassuranceplanv1

  • 1. INTERNET SALES SPECIALIST 3 MONTH INCOME ASSURANCE ADDENDUM TO DEALERSHIP COMPENSATION PLAN Dealership: Employee Name: Job Title: Internet Sales Specialist Effective Date: 90 day Income Assurance Pay Plan (see minimum requirements): ⇒ 1st Month: $1,000 salary + $1,500 Income Guarantee* (see note 1) ⇒ 2nd Month: $1,000 salary + $2,000 Income Guarantee* ⇒ 3rd Month: $1,000 salary + $2,500 Income Guarantee* Minimum Requirements to be eligible for 90 day Income Assurance: 1. Sales associate must deliver a minimum of 5 units per month. This requirement will not apply to any partial calendar month at start of employment. 2. Generate and log a minimum of 20 OTDB’s (Opportunities To Do Business) generated from Internet sales leads per month. Does not apply to any partial calendar month at start of employment. Notes: The payroll period for sales personnel ends on the last day of each month. Salary Payday is the 16th of each month. Final settlement for each monthly pay period is based on when the accounting period ends and will generally occur between the 5th and the 9th . Employee is responsible to clock in and out when at the dealership using the UCS time tracking system. If you do not meet units sold to date, you will be paid clocked hours times the current minimum wage. All commission, wages, and salaries are paid in strict conformance with current State and Federal Wage and Hour Laws. If the 16th falls on a non- business day, paychecks will be distributed on the first business day following. 1. Internet Sales Specialist pay plan will supersede this guarantee if earnings are determined to be greater at month end under the dealership standard Internet Sales Specialist pay plan. 2. Salary will be prorated from termination for any partial calendar month of employment for which the associate qualifies for the guarantee. 3. all employees on salary or guarantee are required to clock in and out using the UCS time tracking system. the parties each acknowledge that they have fully read and understand the contents of this agreement and the standard Internet Sales Specialist pay plan. This pay plan is not a contract of employment. Either the individual or the company may terminate employment at any time for any reason. Courtesy Chevrolet reserves the right to change the terms of this agreement without notice as it deems necessary. ______________________________________ ________________________ Associate Signature Date ______________________________________ ________________________ Manager Signature Date *Total of all employee income including commissions, spiffs and bonuses