Sample Underwriting Sales Rep Offer Letter
The attached document is a sample of an Offer Letter for an Account Executive for Corporate Support position (aka Underwriting Sales Rep). In the Letter, compensation is offered as a base salary plus commission structure. Per KSJD station management, the rationale behind their Offer Letter is as follows:
- KSJD, like many stations, pays base + commission. Commission rates are 20% for new contracts, 15% for renewals, 10% for trade.
- The way we got here was to try to understand 1. the potential for sales income, and 2. a living wage (contemplating benefits) in our region and in relation to our other salaries to 3. come up with an income for the sales person and revenue for the station that would be mutually beneficial.
- We use an Offer Letter (not a contract) to outline the details @ base + commission and our policy manual as the reference around benefits.
This information was provided by KSJD