Re: Quite a lot of money
Sales compensation is typically on a sliding scale with escalators kicking in once you hit 100% +. So getting around 8-9% of a $10M sale is par for the course. What they don't talk about is that sale may have taken her years to close and she may have even been on a plan to be fired if it didn't. Compensation plans can be changed at any time by your employer, but once you sell something they cannot retroactively change the rules to pay you less as was the case here. I'm shocked she didn't sue for punitive damages as now her name is tied to suing her employer and can/will effect her future employment.