Commission Structure Update
Hello everyone,
I wanted to inform you about a recent change to our commission structure. Previously, we received a 30% commission on amounts exceeding $5k. This threshold has now been raised to $7.5k, meaning we will earn a 30% commission on any amount above this new level.
I’m curious to hear your thoughts on this adjustment. Is this a reasonable change? Is it common for thresholds to be increased in the context of permanent recruitment? We’ve been told this decision was made in response to rising overhead costs.
Thanks!
RCadmin
It’s completely understandable to have questions about changes to the commission structure, especially when it impacts your earnings. Increasing the threshold from $5k to $7.5k for a 30% commission is a notable shift, and it’s reasonable to consider how this aligns with industry standards.
It’s not uncommon for companies to adjust commission structures due to increased overheads or business costs. However, it’s important to weigh the pros and cons.
Here are a few points to consider:
Market Standards: Research what other companies in the same industry are offering. It could provide insight into whether this new structure is competitive.
Total Earnings Potential: Consider how the new threshold might impact your overall earnings. If your placements regularly exceed $7.5k, this might not be a major concern. If not, it could significantly affect your take-home pay.
Overheads Justification: It might be helpful to understand the specific reasons behind the increase in overheads. Transparency from management can help clarify whether the change is justified.
Communication: Engage in further discussions with management or colleagues to gather more perspectives on this change and how others are feeling about it.
Ultimately, whether it’s a good deal or not can depend greatly on your individual situation and how often you make placements above the new threshold. If you have concerns, consider discussing them with your team or management for clarity and potential adjustments.