i work for a national home builder and have about $24.000. Owed to me in CLOSED sales commission and bonus money. All closed in November.
I've just been given 7 days to meet certain criteria or termination. This termination falling a week before I am to be paid on November closings and bonus money for these closings.
Legally, I am owed the commission as long as the homes closed before my termination. Is the company legally required to pay the bonus on each closing if I am no longer employed with the company on the payout pay period even if I was employed with the company when the home attached to a particular bonus closed.
This company has refused to pay on bonus to other terminated employees, on closed homes at time of termination when employees were strategically terminated.
Do you have a written contract? That would control entitlement. You state what you believe is the policy. Where do you get that from? Is it written somewhere although not in a contract ? Seek legal advice with all paperwork
The answers given are limited to the facts as given and presumed by the answer itself. Without seeing actual written documentation or having a conference to more fully explore the issues, this short answer has only limited application. Make sure to seek legal counsel and provide all documentation to get assistance in making informed legal choices.
Typically, if there is no more work that has to be done to generate the income, they commissions are yours whether you are employed or not. If, however, there is a contingency or other matters that have to fall in place before the money is generated you can be denied payment. Seek counsel, there is more to go over to get a complete answer. Hope this helps.
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