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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: 266

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

A Brief Respite From Task Group Updates Legislative and educational opportunities within the coming months.

Last month, I promised an update on the progress of the Governance/Structure Task Group. However, this month, I need to briefly change the focus of this column in order to provide timely information on a couple of upcoming opportunities.

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