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A non-recoverable draw is a draw against future commissions that doesn't have to be paid back by the employee. A draw against commission works like this: Say I work for ABC company, they offer me $2000 per month draw. I go three months till...
http://wiki.answers.com/Q/What_does_non-recoverable_dra...
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Sales Draw ... Can you give me the industry definition of a "Non-Recoverable Draw" within the sales arena. I know what a recoverable draw is, but not the other. thanks, ... I have seen it used as a guarantee of earnings, e.g.: You will receive a monthly non-recoverable draw of $2000 per month against commission earnings.
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www.workforce.com/phpBB/viewtopic.php?topic=20789&forum...
www.workforce.com/phpBB/viewtopic.php?topic=20789&forum=54&4
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The following scenario describes a nonrecoverable draw. ... Your company uses a nonrecoverable draw to compensate new employees for the first six months of employment. The compensation for the new sales representative, Terry Smythe, might be similar to the figures shown in Table 5.
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download.oracle.com/docs/cd/E05553_01/books/InCompAdm/I...
download.oracle.com/docs/cd/E05553_01/books/InCompAdm/InCompAdmPlanDesign9.html
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Salesopedia - The World of Sales from A to Z ... a draw that cannot be recovered or retrieved by an employer regardless of employment status of the individual who received the draw and whether or not the draw paid exceeds commissions earned...
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www.salesopedia.com/index.php/component/glossary/?func=...
www.salesopedia.com/index.php/component/glossary/?func=view&catid=13&term=non-recoverable+draw
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The second type of draw is a non-recoverable draw, meaning that a shortfall in commissions earned would not be charged against the rep. For example, if a rep was paid $2,000 in draw and only earned $1,500 in commission, then the $500 shortfall would be wiped away and he would start the next month with a clean slate.
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www.bta.org/i4a/pages/Index.cfm?pageID=1686
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FindLaw | Find a Lawyer. Find Answers. ... For the first twelve months of your employment, through May 31, 1998, your compensation will consist of a base salary, which if annualized would be $120,000. In addition, you will receive a guaranteed non-recoverable draw of $10,000 against commissions for this same period.
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library.findlaw.com/2000/Apr/1/128265.html
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Non-Recoverable draw: This is a set amount of commission that is paid to the salesperson in advance of it actually being earned, but at the end of the draw period, the salesperson is NOT responsible for paying back the un-earned portion. Think of non-recoverable draw as essentially a higher salary during the draw...
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www.quotacrush.com/index.php/2008/10/29/win-lose-or-dra...
www.quotacrush.com/index.php/2008/10/29/win-lose-or-draw/
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Draws: The director may decide to provide a draw or draws to a manager. All draws are considered 100% recoverable. during the period of time which the employee is eligible to receive a non-recoverable draw which has een granted by teh Director and is identified in the Offer Letter , the employee...
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www.proz.com/kudoz/423345
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Are 3 tab shingles recoverable or non recoverable? ... Is there non recoverable coal? ... What does non-recoverable draw mean? Read answer...
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www.answers.com/topic/recoverable-item
www.answers.com/topic/recoverable-item
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