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re: Company Wide Pay Reductions

Posted on 5/14/15 at 2:39 pm to
Posted by Hawkeye95
Member since Dec 2013
20293 posts
Posted on 5/14/15 at 2:39 pm to
been there, done that, have the t-shirt. They changed our bonus plan a few years ago, which was a defacto 10% pay cut, even though the raised OTE by 10k. They just raised quotas even more, completely unrealistic.

They took our car allowance, now they are taking our phone re-imbursement. The strange thing is we have 20% turnover and mgmt is freaking out about that. Well maybe not cutting people's pay and benefit is a place to start!

Good luck! yes at least you still have a job.
Posted by GFunk
Denham Springs
Member since Feb 2011
14967 posts
Posted on 5/14/15 at 3:22 pm to
quote:

Hawkeye95
quote:

They just raised quotas even more, completely unrealistic
quote:

we have 20% turnover and mgmt is freaking out about that.


If you're in sales-related positions, 20% employee churn is a fairly good number.
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