Recruiter Compensation Exhibit
Recruiter Compensation Exhibit
A recruiter compensation exhibit turns a broad employment conversation into an operating document: it names the role, separates fixed and variable pay, records qualification rules and explains when calculations are reviewed. The sample structure below is a starting point for an approved plan, with local values and responsibilities supplied by the organization.
Exhibit A — Sample
Identify the employee, organization and effective date, then state which earlier exhibit or agreement this document replaces. Keep the final version tied to the approved employment record so the person administering the plan can resolve questions from one source.
Responsibilities
Describe the recruiting work, training assignments and special projects that belong to the role. Define the handoffs with managers, the records that must be kept and the review cadence for the recruiting pipeline.
Base Salary
Record the fixed salary, pay period and effective date in the approved compensation record. Keep this line separate from any recruiting incentive so the two components remain easy to reconcile.
Bonus Compensation
Define each variable-pay component, the event that makes it eligible and the person who verifies the underlying information. A bonus table should state whether the measure is recruited volume, a verified prior-period figure or another approved criterion.
Schedule 1: Agent Recruiting Bonus (Quarterly Bonus)
For a qualified agent recruited through the employee’s direct effort, record the evidence used to establish the result and the period in which it is counted. Define how the recruiting source is attributed before a payment is calculated.
Chart 1: Bonus by qualified agent
Use a table with clear ranges, the measure attached to each range and the corresponding bonus. Label every example as an example and replace it with the organization’s approved schedule before adoption.
The following must occur to earn the bonuses
State the records required before a bonus is earned, such as a valid license, a signed agreement, a confirmed start date and the organization’s recruiting record. Assign one person to verify each item and keep the verification date with the calculation.
Referred Agents
Explain how credit is shared when another recruiter, appointment setter or company resource supplied the initial lead. Define the allocation before the recruiting work begins and record the reason for any adjustment.
Schedule 2: Seasoned agents with less than $2M in volume
If the plan includes a separate tier for agents below an approved volume threshold, state the threshold, evidence period and payment rule in its own schedule. Keep the threshold and amount configurable to the organization’s current plan.
Calculation of Bonus (Quarterly Calculation)
Set a quarterly submission date, identify who approves the recruited-agent list and state when an approved calculation moves to payroll. Keep the submitted list, supporting evidence and approval together.
Review and adjustment of compensation plan
Define who can change the plan, how notice is recorded and when a change takes effect. Apply a new schedule prospectively according to the approved compensation record and keep the prior version for reference.
Termination
State how eligible work and approved expenses are handled when the relationship ends. Reconcile the final period from the records available through the end date and document any amount still awaiting approval.
Acknowledgment
Provide space for the parties to confirm the version, effective date and signatures. Store the signed exhibit with the employment record.
Agreed and accepted
Before the plan is used, record the final approvers, signatories and date. The completed exhibit should match the compensation schedule that the organization is administering.
Approval record
Keep required internal approvals and the final version together so the recruiter and manager can work from the same document.
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