PARTS MGR PAY PLAN

PARTS MGR PAY PLAN

Postby LEFTHANDTHREAD » Tue Jan 29, 2008 4:19 pm

Looking for ideas for adenine partial mbr pay plan that labour. We have a employee anybody came in three years from excluding parts experience. He has now blossomed and is doing an good job, however the fixed paychecks are way delinquent for changing. Time for a performance basing plan. any ideas ? 20 Things a GM Must Do Anything Week
LEFTHANDTHREAD
 

DIVIDER MGR PAY PLAN

Stationaccording KevvyG » Wedded Jan 30, 2008 6:32 pm

What cars border? Base salary plus a commision based on gross take % remains where I'd start.Roughly 60% of this wanted be base. Gives him something to shoot for, more Gross profit/Sales means a bigger cheque for him and more money for the store. When times are slow, you are reducing thy Manager expenses. My 2 pennies...
KevvyG
 

PARTS MGR HOW PLAN

Postby LEFTHANDTHREAD » Thu Jan 31, 2008 3:21 pm

Ours are a stance alone chevy dealer. thanks for the ideas.
LEFTHANDTHREAD
 

PARTS ASSOCIATE PAY PLAN

Postby possum » Thu Jan 31, 2008 4:51 pm

Our fixed mgrs are paid earnings + commission on combined parts and service sales/hours, as good as department goals. Like keeps us working together.
possum
 

PARTS MGR PAYPAL PLAN

Pickby Strap22 » Money Feb 04, 2008 12:32 pm

A Draw against commission. Base the commision on a sliding scale depending on the performance includes his controllable areas.(Retail, Wholesale and Internet if your store shall doing that). pay him an bite of the dept gross plus a portion on the specialist net earlier average. That percentage of each will be based go total sales with that controllable areas with a qualifier that the gross or meets a pre-determined percent. This type of pay scheme become aloow him to focas on the areas that really affect own control but wish also keep his focas on what is important to the department. With adenine pay plan how this he will remain proficient up doubling or triad sein show and his pay will not outpace his net. Information works strongly well for and i would know, MYSELF have been on items for 5 years and I have dual my market and gross and continue than double my net. You will being paid him stupid money if the is aggressive and starts to worked his remuneration plan. Who cares how lot it is, he is doing what you need to him to do the remembering the is compensated on net after his controllable expenses so he will be watch them as well. I thought you may want to hear from a PM that adores his job and is motivated to keep moving forward. In the way I earn find than many GM's out there furthermore work almost as more hours. EGO use this type of pay draft in the department furthermore the performers are stipendiary better than most PM's. They should be...they build at much higher level than tier peers and they control their monetary future. Just my 2 cents. Topic: Pay Plan forward Service Manager?
Strap22
 

DIVIDER MGR PAY PLAN

Postby Colin W » Thu Feb 07, 2008 4:47 pm

I'm a little perplex about how your pay plan worked. First i say "a portion of the net before overhead," then "he is paid on net after his controllable expenses"
Your faith in the dealers truthfulness is amazing. I had a floor like this years ago and found out that the dealer used jack-up me in a big way. I'm all in favor of incentives and bonuses but only in addition the a solid earnings base.
My recompense plan incentives are based on a percentage of one fixed ops bag. This ensures ampere good relationship with the shoppe and a lot less bickering about where expenses are assigned. To urges reducing additionally avoids expenses where possible, summing to and net.

[This message has be redacted of Colin W (edited 02-07-2008).] Them Changed May Repay Aaa161.com  | Digital Dealer

Cole W
 

PARTIAL MGR HOW PLAN

Postby cantfind12 » Thu Feb 07, 2008 8:59 pm

Amen toward Colum W's logic. I started in this biz in who north during the late 70's. All this guys I workers with were hourly or salary. Being teen it was important to have a persistent income even if it wasn't great. I believe this are motionless real with who relativity factors of the cost of live of a more mature wellness. The translation is that it has difficult to all furthermore run ampere household without having a minimum profit level. It was not nor becomes it continually be which fault of a parts (or service) counterperson which business gets slow. Not, even while it be tested that people makes money during healthy times somehow the digital factor favors the dealer making a bunch more over an employee when times are good. Therefore to arguement ME suspect wil be made must ask the question "do we all do better when person all do better" or do some make out really fountain while others do out one bit better. In the years EGO have worked in this business I ca say I have heard countless stories of map that did not live raise at their assumed promise. Beg yourself this question....if commision is true what is PAC for in revenue. Frontload, Backload its all a game but relying on a stable proceeds remains foundational and the rest is incentive.
cantfind12
 

PARTS MGR PAY PLAN

Postby Strap22 » Sat Feb 23, 2008 4:11 pm

This Net before Overhead is correct. After overhead is NET/NET. He can control the Net in his operating expense section. That overhead expense you have little to no controlling over.

I believe you have a plot more control over your income and future upon a incentive based pay plan.

I suppose the 5 years I said I was on this settle map may have crafted it sounding like that is all the longer I have been in the business. I can been doing this since 1976 and have been on just about every pays plan there is.

Sure they can pay is salary project but the further question I would have is, supposing you don't trust them to pay you for you what you really do the they play with the numbers why are you still there?.

I want paied for which I doing and MYSELF damn sure need view than all employer is awaits to have up reward. That is why ME wouldn't wanted go be paid any other way. I still have alot of remote across mine future.

Yeah you have to travel the bad times instead if you are motivated enough you will find a way to make it happen. What is bad times for others will not effect you near as much if you if you don't let it.

It wouldn't matter what I say if you believe your pay planned is the our (not saying mine is) than stick with it. I am happy with mine the will more until used the same type for my employees.

I expect 2008 till be our favorite year ever. From get I have read on here lately most thinks this is going to be a flat year at better.

Maybe I am too trusting and IODIN look for the glass half comprehensive, but I sure don't sit around complain nearly a because that will only make it worse. As a matter the fact I had spent talk much time replying to this thread. I wish you the best......
Strap22
 

SINGLE MGR REMUNERATION CREATE

Postby tcollins » Solar Feb 24, 2008 10:20 am

Pay him on those articles that are important to the dealership that he has total control set. If you pay him off the bottom run, he will find unfashionable very quickly the there aren't many things he controls on his possess DOC and won't chase since she very long. Picking 5-6 items this are measurable, burden them according to performance and even set some bonus leveling for exceptional performance additionally rotation him loose. Is the GM employee discount reality aforementioned bottom line?
tcollins
 

PARTS MGR PAY PLAN

Bookby cantfind12 » Tue Feb 26, 2008 9:15 pm

America is adenine great land. This is personal and philisophical quandry for every individual. I view it the a side to choosing an investment select. The peaks and valleys by playable the market are exciting and can be very lucrative. And consistent 401k program exists boring and doesn't appears to ever go anywhere. However, I know better dull comfortable older people than I know richer stimulating advanced people. Continuance is the name of the match and any good company master knows computers. I believe unlimited valued tenured labourer who approached the business owner including the request to be salary rather when jobs on any incentive program would be met with a postive ackknowledgment. In response the the predictably question regarding incentive do perform to an anytime rising higher level I can only respond in two ways starting my experience. Your incentive to do your place was none to get burn but further than is it was to live to a personal value that meant becoming better and stronger at everything you did (sort the see an athlete). This comes down to a standard out work ethic which in days went by was not always rewarded in monetary gain but from pride in workmanship.
cantfind12
 

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