COMMISSION SYSTEM Clause Samples
The COMMISSION SYSTEM clause defines the rules and structure for calculating and distributing commissions within an agreement. It typically outlines the percentage or amount of commission payable, the qualifying sales or transactions, and the timing or conditions for payment. For example, it may specify that a salesperson earns a set percentage of each sale they close, with payments made monthly after client payment is received. This clause ensures transparency and consistency in compensation, helping to prevent disputes and clarify expectations between parties regarding commission earnings.
COMMISSION SYSTEM. The Company will make available as of the end of the first pay period in September 1994 , a new commission system to all commission sales specialists in Electronics and Big Ticket departments. Anyone who goes onto the new system will have their current deficits at that time wiped out. Those commission sales specialists who will be in deficit greater than $2000.00 will be required to go to the new system at the time of implementation. Those whose deficit figures will be below $2000.00 and who have draws that are higher than the guarantee at the time of implementation will have the choice of remaining on the current system (draw against commission) at their current draw. Those who choose to remain on the current system will keep their existing draw and their deficits will not be wiped out. They will be required to move onto the new system if they accumulate deficits above $2000.00. The new commission system will pay sales specialist commission on all sales transactions at the current commission rate. In place of their current draw, they will receive a guarantee which will be set at $354.50/wk effective January 1, 1997. Effective January 1, 1998 a guarantee which will be set at $358.25/wk. They will not carry a deficit. New hires will start at $300.00/wk for the first three months, after which they will move to a $354.50/wk guarantee. Commissions will be paid out every four weeks (every second pay period) on earnings above the guarantee. In the first pay period, commission specialists will receive the guarantee amount only. In the second pay period any commission earned (during the four weeks) over the guarantee for the four weeks will be included.
COMMISSION SYSTEM. As an alternative to the regular arbitration procedure provided for herein, the parties may agree, in writing, to jointly refer a grievance for final and binding arbitration to a Grievance Commissioner, selected by mutual agreement of the parties. The Grievance Commissioner shall have the same powers and be subject to the same limitations as an arbitrator appointed pursuant to the regular arbitration procedures provided for herein. ▇▇. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ shall be designated by the Company and the Union as the Commissioner to hear and determine these cases.
COMMISSION SYSTEM. The Company will make available as of the end of the first pay period in September a new commission system to all commissionsales specialists in Electronics and Big Ticket departments. Anyone who goes onto the new system will have their current deficits at that time wiped out. Those commissionsales specialistswho will be in deficit greater than will be required to go to the new system at the time of implementation. Those whose deficit figures will be below and who have draws that are higher than the guarantee at the time of implementationwill have the choice of remaining on the current system (draw against commission) at their current draw. Those who choose to remain on the current system will keep their existing draw and their deficits will not be wiped out. They will be required to move onto the new system if they accumulate deficits above The new commission system will pay sales specialist commission on all sales transactions at the current commission rate. place of their current draw, they will receive a guarantee which will be set at effective January Effective January I, a guarantee which will be set at They will not carry a deficit. New hires will start at for the first three months, after which they will move to a guarantee. Commissions will be paid out every four weeks (every second pay period) on earnings above the guarantee. Inthe first pay period, commission specialistswill receive the guarantee amount only. Inthe second pay period any commission earned (during the four weeks) over the guarantee for the four weeks will be included.
COMMISSION SYSTEM. The remuneration for all outside sales staff is based on 100% (one hundred per cent) commission paid on revenue generated for all current publications by the outside sales staff. The remuneration for the outside sales representatives is 9.5% (nine and one-half per cent) of all revenue generated from their account list. Commissions for advertising revenue in any new publication started by or operated by the employer shall be negotiated with the Union. The commission rates set out above include compensation for vacation, statutory holidays, bereavement leave, jury duty (up to five [5] days) and birthday leaves outlined in the collective agreement.
COMMISSION SYSTEM. The remuneration for all outside sales staff is based on 100% (one hundred per cent) commission paid on revenue generated for all current publications by the outside sales staff. The remuneration for the city outside sales representatives is 9.5% (nine and one-half per cent) of all revenue generated from their account list. The remuneration for a classified display real estate outside sales representative is 9.5% (nine and one-half per cent) of all revenue generated from their account list. The remuneration for a country outside sales representative is 9.5% (nine and one-half per cent) of all revenue sold from their account list into the Red Deer Advocate and TV Today, and 18% (eighteen per cent) of all revenue sold from their account list into Central Alberta Life and Red Deer Life. Commissions for advertising revenue in any new publication started by or operated by the employer shall be negotiated with the Union. The commission rates set out above include compensation for vacation, statutory holidays, bereavement leave, jury duty (up to five [5] days) and birthday leaves outlined in the collective agreement.
COMMISSION SYSTEM. The remuneration for all outside sales staff is based on 100% commission paid on revenue generated for all current publications by the outside sales staff. The remuneration for the city outside sales representatives is 9.5% of all revenue generated from their account list. The remuneration for a classified display real estate outside sales representative is 10% of all revenue generated from their account list. The remuneration for a country outside sales representative (except ▇▇▇▇▇▇ ▇▇▇▇▇▇) is 9.5% of all revenue sold from their account list into the Red Deer Advocate and TV Today, and 18% of all revenue sold from their account list into Central Alberta Life and Red Deer Life. Commissions for advertising revenue in any new publication started by or operated by the employer shall be negotiated with the Union. The commission rates set out above include compensation for vacation, statutory holidays, bereavement leave, jury duty (up to five (5) days) and birthday leaves outlined in the collective agreement.