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Breaking News

Do your pay plans invite a lawsuit?

Categories: Newsletter NAEDA News, Top Stories, Dealer News | Author: Amy Volk | Posted: 10/9/2012 | Views: 291

Pay plans – the documents that summarize how compensation will be calculated for commissioned employees – are a major source of confusion for dealers. Even worse, poorly written pay plans can cost you in the form of litigation alleging breach of contract or fraud.

While a newsletter article isn’t quite the same as advice from a consultant or legal counsel, we can provide you with an overview of what a good pay plan includes, along with tips for typical positions at a dealership.

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Source: KPA

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From the NAEDA Office

Equipment Dealer To Undergo Transformation New magazine will debut this spring.

As a part of our ongoing effort to improve the value proposition for dealer members, the NAEDA Board of Directors recently decided to put Equipment Dealer magazine on a two- to three month hiatus while we work to expand the content and enhance the delivery of the publication.  The “new and improved” magazine is a significant part of the associations’ ongoing communications initiative, which addresses our entire messaging platform – magazine, e-newsletter, web site, email and other key components.

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