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But the company wants to do this for 1 account because they say the profit margin is too slim even though the CEO, the VP of Sales and my General Manager negociated the deal and approved it. Before the contract signing, I agreed to a lesser commission because I acknowledged the challenges to this account. Now, I have been arguing with the comapny for almost 9 months and they are forcing me to sign a new agreement approving a minimm revenue requirment before commission payment to me. This contract is worth about $5,000 per month and about $300K for the next 5 years.

Is my state dept. of labor the next place to go for help?

2007-09-28 17:26:55 · 2 answers · asked by Sales Superstar 1 in Business & Finance Corporations

2 answers

You should get your commission as they originally agreed upon unless you agree to the lower commission. They cannot force you to sign a new agreement.

It is the responsibility of the company, to make sure that their profit margins are acceptable. They need to raise their prices if the profit margin is too narrow, not break their contract with you.

This is not a matter of their profit margin is too low. It is a matter of whether they get increased profits by cheating you out of a portion of your agreed upon commission, so that they can have that money instead.

2007-09-29 00:29:39 · answer #1 · answered by Feeling Mutual 7 · 0 1

get advice from an attorney, just a sit down consultation for a small fee, and be ready to leave your job if you want to fight your managers. they may be telling you the truth as to their reason for the change. but it's affecting your wallet and your discontent is legitimate. ask yourself why they are doing this. they may not see you as a team player and therefore do not give a damn about what you think and may also want you to leave anyway. this would be a great way to get rid of you without having to show you the door. good luck.

2007-09-28 17:34:52 · answer #2 · answered by 27ysq 4 · 0 0

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