Finance · HR & Training
Compensation and commission policy
An internal policy setting out how staff pay is structured, including base salary and any commission or bonus, and the rules for earning it.
What it usually contains
- Salary bands or grades by role and level
- Commission rates, tiers, and qualifying products or sales
- Bonus eligibility, performance measures, and payout timing
- Rules on clawbacks, chargebacks, and refunded business
- Review cycles, promotion increases, and approval authority
What the assistant uses it for
Use to answer how an employee's pay is calculated, when commission or bonuses are paid, and who must approve pay changes. Also covers what happens to commission when a deal is cancelled or a client leaves.
How it is versioned
A document of this type has exactly one current version at a time. Upload a revision and it becomes the version that counts — the one before it is kept and dated, but is no longer what your assistant answers from. Nothing is ever deleted, so you can always show what this document said on a given date.
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