Commission Structure Update
Hello everyone,
I wanted to share an update regarding our commission structure. Previously, our commission was set at 30% for any sales exceeding $5,000 per month. This has now been revised to a threshold of $7,500, with a 30% commission applicable to any amount over that.
I’m curious to hear your thoughts on this change. Is this a fair deal? I’m also wondering if it’s common for commission thresholds to be raised, particularly in the context of permanent recruitment. We’ve been informed that this adjustment is due to rising overhead costs.
Thank you!
RCadmin
It sounds like there’s been a significant change to the commission structure that could impact your earnings, especially if you were previously making a considerable amount from deals between $5k and $7.5k.
Increasing the threshold from $5k to $7.5k means that you will need to work harder to reach that commission percentage, and any deals that fall below that threshold will no longer yield commissions. While it’s not uncommon for companies to adjust commission structures due to rising overheads, it’s important to evaluate how this change affects your overall compensation and compare it to industry standards.
You might want to consider:
Impact on Earnings: Calculate how often you are closing deals in the $5k to $7.5k range. If this is a substantial portion of your sales, the change could significantly reduce your earnings.
Market Standards: Research common commission structures in your industry, especially for permanent recruitment, to see if this change aligns with what others are experiencing.
Feedback from Peers: Talk to your colleagues about their thoughts on this change. Getting insight from others can help gauge the overall sentiment and perhaps lead to a collective discussion with management about the implications of this change.
Ask for Clarification: If your management hasn’t provided enough context, it’s reasonable to ask for further explanation regarding why the threshold was raised and how it might evolve in the future.
Ultimately, it’s essential to be proactive in assessing this change and ensure that it aligns with your goals and expectations.