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I have been working for this company as a sale rep for 12 years. My pay structure was originally 8% of my sales. They then reduced it to 7% about 2 years ago commission paid 2 months after invoiced. They have now have totally changed it to a 75k base/draw and when my sales reach 1.5 million my commission would kick in and I would receive 5% on sales of existing clients and 7% on new business with commissions now payable at the end of each year.
This is a drastic reduction in pay as well as the payable commissions only once a year.
Please let me know what my options are are I have not signed it back.
Thank you
A significant reduction in your compensation structure and level of compensation, as you have described, likely amounts to a constructive dismissal. If this is the case, you would be permitted to treat your employment as having been terminated and would be entitled to severance pay. Please contact our firm to discuss these issues in more detail and allow us to determine how we can assist you.