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  1. #31
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    Quote Originally Posted by turquoisecoast View Post
    how would they ever know?
    You don't have to be a genius if you are bringing an increase of x% in sales that don't translate in profits to ask the right questions.
    Especially in a small partnership.

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    Our office manager gets a % of our sales commission over the office target because shes not on commission and it's a way to reward her if we make extra money then so does she, yes she pay tax on it - I assume they have shown your DP their running costs ( ours don't vary that much) and if it's a small business like ours, every knows what sales are coming in and what the targets are so he will know if it's been a good 6 months or not

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    Quote Originally Posted by ExcuseMyFrench View Post
    You don't have to be a genius if you are bringing an increase of x% in sales that don't translate in profits to ask the right questions.
    Especially in a small partnership.
    the financial accounts are none of an employee's business and I think it's a bit rich for an employee to question a business owner about net profit to turnover ratios.

  4. #34
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    Quote Originally Posted by turquoisecoast View Post
    the financial accounts are none of an employee's business and I think it's a bit rich for an employee to question a business owner about net profit to turnover ratios.
    Not rich at all if the bonus is dependent on the profit.

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    Default Wdyt

    Quote Originally Posted by turquoisecoast View Post
    the financial accounts are none of an employee's business and I think it's a bit rich for an employee to question a business owner about net profit to turnover ratios.
    Not if their wage/bonus is dependant on it - our staff know what it costs to run our business, then they obviously know the sales figures so it's not hard to work out anyway!

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    Default Wdyt

    I'm also skeptical, by my calculations there is a huge difference between the two and they would almost be paying his salary over again (based on the 250k From first 1/4).
    yes whilst retention is important it smells fishy to me

    Edit: I would go option C. Counter option a) with a higher % increase,
    Last edited by maternidade; 03-11-2015 at 21:47.

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    It's just my two cents (and previous experience) but I think if your DH has only been with the company for 3 months its still early days so I would be careful. We use to get questions from sales staff why so much was $x spent on advertising/marketing/sundry expenses/ why costs had to go through in particular quarters etc......(they received a version of the financials to support their bonus) but obviously it wasn't their decision on what was spent in these areas and when it was spent.........anyway I would rather go into a situation like this aware of what could happen, I would hate to go in expecting that because I produced sales of $xx that I would be getting a particular amount, when it could be drastically different.


 

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