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Commission Based Job Offer Letter
"I need a Commission Based Job Offer Letter for a senior sales representative position in Singapore, with a 70/30 commission structure and quarterly performance reviews, starting March 2025, including non-compete clauses for the telecommunications industry."
1. Company Information: Official company name, registration number, and registered address
2. Employee Information: Full name, NRIC/passport number, and contact details of the employee
3. Position and Role: Job title, role description, reporting structure, and key responsibilities
4. Commission Structure: Detailed explanation of commission rates, calculation methodology, and payment terms
5. Performance Metrics: Specific targets, KPIs, and performance expectations that commission payments will be based on
6. Payment Terms: Commission payment frequency, calculation periods, and payment methods
7. Employment Terms: Start date, working hours (if applicable), and basic employment conditions
1. Base Salary Component: Details of any fixed salary component, if the role includes a hybrid compensation structure
2. Benefits Package: Additional benefits such as medical insurance, leave entitlements, and other perks
3. Probation Terms: Duration and conditions of probation period, if applicable
4. Non-Compete Clause: Restrictions on working with competitors during and after employment
5. Confidentiality Terms: Provisions regarding handling of confidential information and trade secrets
1. Schedule A - Commission Rate Card: Detailed breakdown of commission rates for different products/services/targets
2. Schedule B - Performance Targets: Specific metrics, targets, and KPIs that need to be achieved for commission eligibility
3. Schedule C - Territory/Account Assignment: Defined sales territory or customer accounts allocation, if applicable
4. Schedule D - Benefits Schedule: Detailed breakdown of additional benefits and eligibility criteria
Authors
Base Rate
Performance Metrics
Sales Target
Quota
Payment Period
Qualifying Revenue
Commission Rate
Clawback
Territory
Qualified Sale
Revenue Recognition
Payment Date
Minimum Performance Threshold
Commission Cap
Booking Period
Client
Products
Services
Net Sales
Gross Sales
Commission Period
Probation Period
Working Hours
Termination
Notice Period
Confidential Information
Intellectual Property
Non-Competition
Non-Solicitation
Duties and Responsibilities
Commission Structure
Performance Metrics
Payment Terms
Working Hours
Place of Work
Probation Period
Benefits
Leave Entitlement
Termination
Notice Period
Confidentiality
Non-Competition
Non-Solicitation
Intellectual Property
Data Protection
Code of Conduct
Conflict of Interest
Reporting Structure
Training Requirements
Expenses
Commission Clawback
Territory Assignment
Performance Review
Dispute Resolution
Governing Law
Amendment Provisions
Entire Agreement
Acceptance of Terms
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