Assignment task: After a few years of selling new cars, you managed to get the funding to start your own small new car dealership as a sole proprietorship.
Your starting staffing of 10 employees (plus yourself) will be as follows:
- You are the owner manager and will oversee everything. You will also be the sales manager and do some selling.
- Sales staff - there are three people reporting directly to you.
- Service and parts manager - you will have one person supervise the mechanics and detailer.
- Mechanics - three mechanics to work on the cars
- Detailer - one person to clean the cars, help out the mechanics, and work in the parts department.
- Office staff - two people to answer phones, greet customers, make up the bills and collect money from sales and service, and do other paperwork including bookkeeping. They will report to you.
Prepare a Table identifying which Compensation Type you will pay for each classification of employee listed above - (wage, salary, or incentive pay--commissions, piecework, or standard hour) You need to include yourself as owner/manager as well.