6 November New template documents now available November 6, 2018 By Reef Admin People Management System 0 A number of template documents in REEF's People Management System have recently been updated to account. Find out what the changes are. TEMPLATE UPDATED Commission-Only – Option 1 – Commission Margin (Pay Now-Debit Later) Scheme Employment Agreement 13 September 2018 Commission-Only – Option 2 – Commission Margin (Debit-As-You-Go) Scheme Employment Agreement 13 September 2018 NEW Licensee-In-Charge Position Description 16 July 2018 EEO, Discrimination, Harrassment and Workplace Bullying Policy 9 July 2018 Commission Structure for Debit-Credit and Target 12 September 2018 Only the latest versions of these template documents should be used. If you’ve downloaded previous versions of these template documents, please delete them immediately and only use the most recent versions moving forward. So what’s changed? The main change to the commission-only employment agreements is the insertion of a default provision for the debiting of vendor paid advertising that’s not recovered from the vendor. This is something that more and more employers have wanted to include in their employment agreements. If the provision does not suit your purposes, you can remove it; it is now an opt-out provision, rather than an opt-in provision. To help simply the complex nature of calculating commission entitlements for an employee on a commission-only arrangement, we’ve amended the template Employment Agreements by combining the two columns headed ‘Base Commission’ and ‘Base Commission Superannuation’ into a single column headed ‘Guaranteed Base Commission (inclusive of superannuation)’. This provides for the combined minimum percentage of 34.4925%. We’ve also created a new position description for the role of Licensee-In-Charge. And the EEO policy has been amended to accommodate issues regarding inter-office relationships. The revised policy sets the ground rules for how such relationships will be managed. Questions? If you have any questions about the updated templates, call the REEF Helpline on 1300 616 717. Related A message from the CEO: Beware changing REEF templates I always emphasise to members that they shouldn't change or modify REEF template employment agreements or commission structures without talking to us first. Why? The answer is simple. Guesswork, be gone! People Management System updates Members will benefit from the recent review and comprehensive update of the templates, policies, forms and other documents available via REEF's award-winning People Management System. Domestic violence leave now available to employees From 1 August 2018, all employees covered by modern awards have access to family and domestic violence leave. Here's what you need to know. 2016 financial accounts now available In accordance with our statutory obligations, REEF's audited accounts for the year ended 31 December 2016 have been posted online for the consideration of members. Revised REEF fact sheets now available We know the REEF fact sheets are one of your go-to reference tools. That's why we've been hard at work revising them to ensure they're completely up to date. 2017 real estate industry rates of pay now available The minimum rates of pay for employees engaged under the Real Estate Industry Award 2010 and the Clerks – Private Sector Award 2010 have been announced. Comments are closed.