Thread regarding Verizon Wireless layoffs

New commission restructure - heard anything?

Speaking with management it sounds like another commission structure was hinted at today. On the deck a slide flashed very quickly with the formula:

(New+bucket)/2

And that was it. They sent out the deck and that slide was completely gone.
Rumour has it announcement this Sunday (February 1) and implementation March 1.

Anyone seen anything? Looks like it could potentially be a removal from ris and maybe averaging your total percentages. If this is the case - this would prove to be a pretty solid structure.

No further details available at this point.

by Topsy Krett
| 2821 views | | 9 replies (last February 6, 2021) | Reply
Post ID: @OP+198uqDvm
Comment! It's anonymous!

9 replies (most recent on top)

Change was now you do have a minimum attainment to get a commission check.. previously you were guaranteed like $550 or something before taxes, regardless of results

by Anonymous
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Post ID: @9rje+198uqDvm

They are just reducing the threshold to start showing money. Your combined average of bucket and phone add percentage needs to be over 50% to start showing money.

by Anonymous
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Post ID: @2rwo+198uqDvm

I have heard they are getting rid of commission. How is it going to work for multi store teams? Only thing that make sense is no commission.

by Anonymous
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Post ID: @1nyr+198uqDvm

In December 8 reps in our store did from 60 gross adds to 30 gross adds with lots of pull thru. It was a trying month for the disgraceful surveys we ended doing a 1.0 multiplier, during the month we were helping 1 customer after another some days with no lunch. SO after taxes each rep made $500. The morale has plunged to an lime low.This in the NYC area and a high cost of living. All the reps have started looking elsewhere.

by Change energizes no one anymore
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Post ID: @1oxr+198uqDvm

Some good thoughts and some a bit more condescending. Guess we'll see what happens.
It was flashed on a director / gm conference my area..and I have friends in other areas that have heard the same thing as well.

by Topsy Krett
| | Reply
Post ID: @1woq+198uqDvm

When a company fails to motivate its team by their performance, they perish.

—Dan Mead—

  1. S. Hans wishes he could grow my mustache.
by Dan Mead
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Post ID: @1btx+198uqDvm

Which part of no new commission structure did you not understand. Wage increases for retail have been frozen and nothing will be changing in the commission structure. Buckle up for a long year if in fact you are here at years end!!

by Anonymous
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Post ID: @1sjj+198uqDvm

Currently sales metrics have very little bearing on the size of our paychecks. Clearly that has had a very negative effect on the business. Of course there will be a change because obviously the current structure is one of the worst in company history. So when raises kick in will we be signing off on a new commission pay plan?

by Anonymous
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Post ID: @hvz+198uqDvm

Not true. There will be no change for the foreseeable future.

by Anonymous
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Post ID: @kfz+198uqDvm

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