Employment Choices
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No bail out in place so how do I cross this bridge.
i have/had a hourly job +commission with benefits and I have been doing fairly well
was told today that I had to choose going straight commission or choose to get laid off. Was supposed to give the answer today but have been given a one week delay.
do I take the layoff now, or do I work with little commissions and opportunities (clients are also closing) If I work for weeks with little commission will I be screwing myself out of bail out/unemployment money, as in what I might collect weekly while laid off. I have commissions in the pipeline so I would have something coming in for a while but it would probably be enough to keep my health care and food. I was also in management here so I know their tactics in getting people to quit to not pay unemployment benefits.
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Top of Page Bottom of Page PermalinkFull Name: Mice elf
Take the lay-off now, and
Take the lay-off now, and make certain that any type of letter saying so is worded accordingly and not some bait and switch. Get it in writing.
Top of Page Bottom of Page PermalinkFull Name: MarkD
Agreed. Take the layoff and
Agreed. Take the layoff and stay at home.
Top of Page Bottom of Page PermalinkFull Name: El Nino
I think it really come down
I think it really come down to how much you need your health insurance. If you take the layoff you can cobra for a a few months and then switch over to the exchanges but that will probably be a lot more than you are paying now.
As for your pipeline do you get paid on bookings or revenue? When was the last time you tested your pipeline? I'm seeing some crazy cancelations even after we received a PO just because the other divisions are doing bad. Whatever your historical close rate is I would drop that by 25% at minimum, and if you get paid on revenue drop that even more.
Also important to know how long you have worked at your job in the state you live in now. Unemployment is state run and generally requires 4 years in that state to get full benefits. Find out what you get in your state.
Finally do you like your job? Commissions plus health insurance might not be the that much less than unemployment and you will get to pick the sweet territory once we come out the other side and all the pipeline from the people that took the layoff.
Top of Page Bottom of Page PermalinkFull Name: skyjunk
My main worry is that if I
My main worry is that if I decide to stay, and my sales dry up will the layoff be available then or will they make me quit? And losing access to unemployment and virus benefits. I like working and would prefer to do so but not if I am cutting my own throat.
El Niño been there six years, I have a sweet territory, and yes I have had one bigger job cancel a sale because of virus.
they also fired my sales manager yesterday, and two of the sale people attending yesterday's meeting also do not know that we lost the their account. The guy pulling the strings now, supposedly is not the head of our department, but he was the one at the meeting, seems like a hatchet guy.
i will be emailing hit man if layoff will be available later, but I am not real trusting of what is happening and I am leaning towards the layoff. We were planning to. Sell the house and move within the next year, and I knew I was going to look elsewhere, or even relocating with current employer but would rather be in control of that
Top of Page Bottom of Page PermalinkFull Name: El Nino
Looks like the Stimulus bill
Looks like the Stimulus bill will increase UI payments significantly. If you stay negotiate that you get the opportunities of the people that left, but never trust the hatchet man.
Top of Page Bottom of Page PermalinkFull Name: Mice elf
The red flag to me here is
The red flag here is that an employer who now needs you to work for free, or for “commission and benefits” only, is simply not financially solvent enough to be playing the long game here. They are asking you to take a whopping pay cut so the company takes just a tiny bit less of a revenue hit. This is how your six years of loyalty is being repaid.
Your employer knows that most people will work for what they think they’re worth.
If they don’t want to pay you what you’ve earned, then make them pay you to sit at home instead. If you’re really that valuable, you will be the first one called back in, if and when the company survives.
If you don’t, you can probably expect to be terminated for non-performance in the coming weeks anyhow.
The third option is to negotiate for a raise, better benefits, and a better job with the same company. They just fired your boss? Sounds like they’re planning to have a lot of vacancies. This option takes a lot of balls, and a lot of tact, but at any given time on a sales force the undisputed #1 guy does have this leverage.
I’m very sorry you’re going through this and have to make such a choice.
Top of Page Bottom of Page PermalinkFull Name: Zzzzzz
Fabes, wishing you all the
Fabes, wishing you all the best in this time of unknown.
Know a sales person for Purell and he's basically got no job right now because it's selling itself. Strange times indeed.
Top of Page Bottom of Page PermalinkFull Name: Rasputin O'Leary
In today's paper. Looks a bit
In today's paper. Looks a bit high risk.
Never seen this type of ad before, I'm sure it won't be the last.
Top of Page Bottom of Page PermalinkFull Name: Mice elf
PS the only reason they’re
PS the reason they’re still offering medical and retirement benefits is likely because they’re part of a negotiated packages with the servicing agent that the employer can’t opt out of without significant financial penalties.
meaning it’s probably cheaper to continue benefit packages for the remaining employees than not.
Top of Page Bottom of Page PermalinkFull Name: skyjunk
Thanks everyone
Thanks everyone
mice - I started out here as operations manager, I turned the field work around set the ball running but I could not hit certain performace numbers from the sales team. They replaced me with two managers and asked me to manage another area, which I did for 3 years. The two people that replaced me could not hit the numbers either, and neither could their replacement.
they then asked me to come back to do sales and I actually make close to what I was when managing
at this stage of my life I am not going back into management, and the stress in this industry causes, I like the sales side
Top of Page Bottom of Page PermalinkFull Name: skyjunk
Zang thanks
Zang thanks
came up your way for Sturgill in Deluth a couple of weeks ago, figured you would of been there
Top of Page Bottom of Page PermalinkFull Name: _________
All The Best Fabes
All The Best Fabes
Top of Page Bottom of Page PermalinkFull Name: Dr. Benway
fabes the writing is on the
fabes the writing is on the wall - they cut you to commission so they dont have to pay your full salary as their bottom line crumbles, they are letting go of upper management - they are preparing to possibly close or undergo massive cuts and you are being offered this to make it easier on them, not easier on you.
Top of Page Bottom of Page PermalinkFull Name: Zzzzzz
Next time give me a heads up.
Next time give me a heads up. I've been laying low because of work but would have come out if I had known you were in town.
Top of Page Bottom of Page PermalinkFull Name: El Nino
Looks like UI payments are
Looks like UI payments are going to go up a lot
https://www.motherjones.com/kevin-drum/2020/03/the-senate-coronavirus-bi...