2017 GNYADA Membership Directory

HOT TOPICS

COMMISSION AGREEMENTS

Any employee who is to be paid a commission is required to enter into a written commission agreement to be signed by both the employee and the employer. At a minimum, the commission agreement shall contain the following terms: • Description of how wages, salary, draw on commissions, commissions and all other amounts earned are to be calculated; • Frequency of reconciliation between draw and earned commissions, where the writing provides for a recoverable draw; and • Details relevant to payment of wages, salary, draw, commissions and all other monies earned and payable in the case of termination of employment by either party. Commissions Every employee who is paid a commission must sign a written commission agreement setting forth the terms of their compensation. An employee should not continue working for the dealership until he or she signs the written commission agreement.

MEMBERSHIP

DIRECTORY

2017

84