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Commission Policy - 9
Commission Policy - 9
COMMISSION POLICY
Version: 01
By means of the present policy, KOMAX PERÚ S.A.C. (hereinafter "The Company")
recognizes its employees for their effort and commitment in the commercial tasks related
to the business. The Company also encourages the improvement of its employees'
performance, efficiency, productivity and income through sales-related incentives that
allow its employees to achieve a better quality of life.
In order to fulfill this purpose, the Company has established the following:
1. Scope
This policy applies to all employees belonging to the Sales area of the Company.
Personnel in any of the following categories will be considered as a variable for the
payment of the commission:
Management personnel
Personnel of trust
Sales force
2. General
3. Granting of Commissions:
This benefit applies to those employees who have direct management over the
company's sales. THE EMPLOYEE shall be entitled to the payment of a Monthly Sales
Commission, (hereinafter "the commission"), as long as the goals set by the Company
are met, in accordance with the following:
2.1 According to this policy, the Brand Manager will set, on a monthly basis, the goals
to be met by the sales force of his brand and/or team.
2.2 The Brand Manager will communicate monthly goals to the stores under his/her
responsibility.
2.3 On the last business day of the previous month, the Company will enter the
monthly goals in the Follow UP system (goal assignment and tracking system).
2.4 THE WORKER shall have access to this system, which is available in the
computerized means of each store.
WRITTEN PROCEDURE
COMMISSION POLICY
Version: 01
4. Payment Opportunity:
The payment will be granted in the month subsequent to the achievement of the sales
goal, so the first month of work the worker will not receive commission, likewise when
the worker terminates his employment relationship the company will additionally pay
the commission for the month of termination in proportion to the days worked.
5.1. The payment of commissions is subject to the fulfillment of goals set by the Brand
Manager, according to the following values:
Commission amount
Percentage of goal Percentage of
(proportional to days
attainment Variable
worked)
5.2. It is important to note that the value of the commission may vary depending on the
position or category, remuneration and brand (store) for which the WORKER
provides services.
5.3. If the employment relationship is terminated before the end of the month, the
commission will be paid according to the store's target scope on the day of
termination, proportionally to the days worked.
7. Diffusion:
This policy will be communicated to all personnel working in the Company and will be
available for reading by computer.
8. Annexes:
____________________________________________________________, identified
with National Identity Document N° ______________, who holds the position of
_____________, in the company KOMAX PERÚ S.A.C., declares to have received a copy
of the INTERNAL POLICY FOR THE ALLOCATION OF COMMISSIONS, in force in the
Company.
Likewise, he/she declares to know and fully understand its contents, with which he/she is
in agreement.
(Signature)
Worker's name:
DNI: