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Performance-Based, Multiple-Level
Pay-plan for Automobile Sales Professionals
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I. |
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Entry
Level Sales Person |
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a. |
25%
commission or $500 per week whichever is greater |
|
b. |
Must
perform lot duty (gas, move inventory, etc.) |
|
c. |
Must
view training tapes for one-hour every day |
|
d. |
May
not take incoming telephone leads |
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e. |
Must
sell and deliver 6 cars a month minimum |
|
f. |
$75.00
minimum commission |
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g. |
Must
advance to Professional Level Sales Person within 90 days
for continued employment |
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II. Professional Level Sales
Person |
|
a. |
28%
commission |
|
b. |
Must
perform lot duty (gas, move inventory, etc.) |
|
c. |
Must
have graduated from Entry Level or have one year of auto
sales experience elsewhere. |
|
d. |
Must
sell and deliver a minimum of 12 units a month at the
dealership gross average, front and back, to qualify. If
Professional Level Sales Person sells and delivers less than
12 units at dealership gross average for two out of any
three consecutive months, they will be moved back to Entry
Level status. If they sell and deliver more than 12 units
but at less than dealership gross average, that person will
still be moved back to Entry Level. |
|
e. |
Must
view training tapes for one-hour twice a week |
|
f. |
$75.00 minimum commission |
|
g. |
$200.00 toward personal car paid monthly |
|
h. |
May
take incoming telephone leads |
|
|
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III. Executive Level Sales
Professional |
|
a. |
30%
commission |
|
b. |
Is not required to perform lot
duty |
|
c. |
Must sell and deliver 17 units a
month at or above dealership gross average, front and back,
for two consecutive months to qualify. If Executive Level
Sales Professional sells and delivers less than 17 units a
month at dealership gross average for two of any four
consecutive months, they will be moved back to the
appropriate level their production qualifies for. If the
Executive Level sales Professional sells and delivers more
than the 17 required units for two out of any four
consecutive months BUT fails to achieve dealership gross
average, that person will still be moved back to
Professional Level Sales Person. |
|
d. |
Executive level sales professionals who have maintained
executive status for one year will be given a one-week paid
vacation at $750.00 plus coach class airfare for two
anywhere in the US. |
|
e. |
Executive Level Sales
Professional will be given one weekend a month off, from
Friday at noon until Monday at noon. On week when they have
weekend off, they will not have a day off during the week. |
|
f. |
$100.00 minimum commission |
|
g. |
Executive Level Sales
Professional and their spouse or significant person of their
choice will be invited to attend a dinner with the dealer
and other qualified professionals once a month at an upscale
restaurant. |
|
h. |
Executive Level Sales
Professionals who have remained at Executive level for one
year will receive a laptop computer from the dealership with
a professional contact management program installed. |
|
i. |
Executive Level Sales
Professionals who have remained at Executive level for six
months will receive a demo as long as they keep it
personally insured to dealership standards. |
|
j. |
Executive Level Sales
Professionals who have remained at Executive level for more
than six months will receive a cell phone from the
dealership with $50.00 per month contribution toward the
bill as long as that number appears on their business cards. |
|
k. |
Executive Level Sales
Professionals are only required to attend Saturday meetings. |
|
l. |
Executive Level Sales
Professionals will receive and be paid for “house deals”
(not counting for qualifiers) that will be evenly rotated
among qualified sales persons and will not count toward
their unit qualification and will not be averaged into their
gross qualification requirement. |
|
m. |
Executive Level Sales
Professionals may be asked to assist in closing deals for
other sales persons. On every deal they assist with closing
that is sold and delivered they will be paid $100 flat for
participation NOT a split deal. |
|
n. |
Executive level sales professionals who have remained at
Executive status for three consecutive years will be awarded
a stainless and gold Rolex engraved with appreciation from
the dealership. |
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|
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IV. Master Sales Professional |
|
a. |
35%
commission |
|
b. |
Must
sell and deliver 30 units a month at dealership gross
average per unit sold, front and back. If Master Level Sales
Professional sells and delivers less than 30 units a month
at dealership gross average for two of any four consecutive
months, they will be moved back to the appropriate level
their production qualifies for. If the Master Sales
Professional sells and delivers more than the 30 required
units for two out of any four consecutive months BUT fails
to achieve dealership gross average, that person will still
be moved back to Executive Level Sales Person. |
|
c. |
Master Level Sales Professionals have no schedule. They are
free to come and go as they please as long as they maintain
Master Level Status. They are however required to inform the
Sales Manager in writing of their schedule one week in
advance. |
|
d. |
Master Level Sales Professionals who have maintained Master
Status for one year will be given a two-week paid vacation
at $1000 per week plus coach-class airfare for two anywhere
in the United States, Mexico, or the Islands. |
|
e. |
$100.00 minimum commission |
|
f. |
Master Level Sales Professional and their spouse or
significant person of their choice will be invited to attend
a dinner with the dealer and other qualified professionals
once a month at an upscale restaurant. |
|
g. |
Master Level Sales Professionals who have remained at Master
Level for six months will receive a laptop computer from the
dealership, if they don’t already have one, with a
professional contact management program installed. |
|
h. |
Master Level Sales Professionals who have remained at Master
Level for six months will be given a full time personal
administrative assistant and a premier private office. |
|
i. |
Master Level Sales Professionals who have remained at Master
level for six months will receive a demo and the dealership
will provide insurance. |
|
j. |
Master Level Sales Professionals who have remained at Master
Level for more than six months will receive a cell phone
from the dealership with up to $100.00 per month
contribution toward the bill as long as that number appears
on their business cards. |
|
k. |
Master Level Sales Professionals are not required to attend
any meetings. |
|
l. |
Master Level Sales Professionals will receive and be paid
for “house deals” (not counting for qualifiers) that will be
evenly rotated among qualified sales persons and will not
count toward their unit qualification and will not be
averaged into their gross qualification requirement. |
|
m. |
Master Level Sales Professionals may be asked to assist in
closing deals for other sales persons. On every deal they
assist with closing that is sold and delivered they will be
paid $100 flat for participation NOT a split deal. |
|
n. |
Master Level Sales Professionals who have remained at Master
Status for two consecutive years will be awarded a gold
Rolex Presidential, engraved with appreciation from the
dealership. |
|
o. |
Master Level Sales Professionals who have remained at Master
Level for six months will be given their own personal
website interacting with the dealership’s website. |
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Download your own copy of the pay plan! |
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You can contact Jim Ziegler at
[email protected] for
any questions or comments regarding this article. |