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Do your pay plans invite a lawsuit?

Categories: Newsletter NAEDA News, Top Stories, Dealer News | Author: Amy Volk | Posted: 10/9/2012 | Views: 209

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.

Read more...

Source: KPA

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Industry & Manufacturing News

Southeastern Management now owns 12% of CNH (5/22/2013)
Rodger Howe promoted to Executive Director at Kawasaki's Engine and Power Products Division (5/22/2013)
Bobcat breaks ground on $20 million expansion to create innovation, testing and technology facility (5/14/2013)
Blount announces new President for Farm, Ranch, and Agriculture Division (5/13/2013)
NAEDA Industry Relations Taskforce meetings (5/8/2013)
Canada’s Farm Progress offers TRAVEL SUBSIDY to attend the 2013 show (5/3/2013)

Legislative & Regulatory News

McConnell won't block immigration bill from hitting Senate floor (5/22/2013)
House advances Keystone bill in bipartisan vote (5/22/2013)
Senator sees few changes to Farm Bill on Senate floor (5/22/2013)
A comparison of Senate and House target price proposals (5/13/2013)
Labor deal reached for Ag (4/15/2013)
Adapting to a Changing Climate: 25x'25 Alliance offers recommendations to U.S. Agriculture, Forestry (4/2/2013)

NAEDA, Association, Dealership, & Program Partner News

Elavon: Debit cards — payment alternative (5/22/2013)
Keeping your SPPC plan compliant (5/22/2013)
Retaliatory firing: Don’t fire whistleblowers, no ifs, ands, or buts (5/15/2013)
Keeping Our Eyes on Washington (4/9/2013)
American Jobs for America's Heroes (3/28/2013)
Hazard Communication Standard now aligned with Globally Harmonized System (3/26/2013)

More news >>

From the NAEDA Office

Keeping Our Eyes on Washington

By Mike Williams

Congress has just returned from their Easter recess break to take up the matters of the country. There are a couple of items we thought you should be aware of that will be taking place over the next few weeks and months. Read More...