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New template documents now available

New template documents now available

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.



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About REEF

The Real Estate Employers' Federation is the real estate industry’s leading not-for-profit employer and workplace relations advisory association. It has 1500 members and subscribers across Australia.

Each year, REEF receives more than 15,000 calls from real estate employers needing help and guidance on matters affecting the employment relationship.

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