a Security Summer Sales | Work For Northstar - Compensation Plan

2010 Compensation Plan Details

Each column of the Compensation Plan is briefly described in this document. See Employee Handbook for further details

Qualified Accounts

To be considered a "Qualified Account":
  • The customer must have the alarm completely installed in the home.
  • The contract must be complete, accurate, and signed by the appropriate parties.
  • The customer must own the premises where the alarm is installed.
  • The customer must have an acceptable form of first month's payment.
  • The customer must have a credit score of 625 or above.
  • The customer must pass quality assurance calls.
  • The customer must be current and in good standing through January 31, 2011
  • There are no other alarm monitoring contracts presently in force at the customer's residence.

Summer Commission

  • First year reps receive a $250 per install commission advance during the summer.
  • Experienced reps receive a $275 per install commission advance during the summer

Backend Sales Commission

  • The Backend Sales Commission will be paid according to the level of Qualified Accounts as shown in the 2010 Summer Compensation Plan.
  • The Backend Sales Commission is part of the "End-of-Year Bonus".

Training Bonus - For First Year Reps Only

The training bonus is earned as follows:
  • $200 upon the completion of all paperwork
  • $300 for participation on the doors in at least 3 sales ($100 per sale)

Rent Bonus

All reps may receive free rent for any given month by attaining the following minimum number of installs in that month:
  • May - 5 Installs
  • June - 8 Installs
  • July - 8 Installs
  • August - 8 Installs

Performance Prizes (first year reps only)

There are two types of performance prizes:
  • Cash Bonuses: Cash bonuses will be paid during the normal payroll cycles during the summer.
  • Prizes: These prizes will be presented at the end-of-year banquet. They will be high-quality items with the following estimated values:
    -Digital Camera......$300
    -Cruise for Two......$2,600
    -Laptop......$1,200
    -Bose Surround Sound......$2,000
    -Wave Runner or Snow Mobile......$5,000
    -Harley Sportster......$7,000
    -Jeep Wrangler w/ a few options......$19,000
  • All reps can qualify for the Cruise for two at 75 Qualified Accounts.
  • A rep may cash out of any prize (excluding the Cruise) for 75% of the actual cash value.

End-of-Year Payroll

  • The End-of-Year payroll consists of the Backend Sales Commission, Rent Bonus, and Performance Prizes (if applicable).
  • To be eligible the employee must work the entire period of time to which he or she has committed.

Residual Payments

  • First year reps who fulfill the terms of their Employment Agreement and achieve and maintain a minimum of 50 Qualified Accounts by September 10, 2010 will receive a monthly residual payment of $1.50 per active, Qualified Account beginning November 10, 2010.
  • Experienced reps who fulfill the terms of their Employment Agreement and achieve and maintain a minimum of 50 Qualified Accounts, will receive a monthly residual payment of $2.00 per active, Qualified Account beginning November 10, 2010.
  • Reps will continue to receive this residual payment each month for each Qualified Account that remains current in their payments.
  • Reps will continue to receive a residual payment per the terms of the Residual Commission Agreement.

Activation Fee Bonus

  • Details