Commissioned salespeople are hurting in this economy, but their employers may be feeling the pinch, too.
Take, for example, Rick Case Enterprise, a company that owns several Broward County auto dealerships. Rick Case pays its sales employees a draw against their commissions every week. The amount is precisely 40 times the state minimum wage of $7.21. In good times, monthly commissions exceed the draw, and everyone is happy.
But these are not good times. Case’s salespeople often put in 55 to 60 hours a week. With shrinking commissions, the salespeople make less than minimum wage. Now they’ve filed a wage-and-hour complaint with the state to force Case to pay them at least $7.21 for each hour they work.
Note: Effective July 24, 2009, the federal minimum wage will exceed Florida’s. Employers must begin paying at least $7.25 per hour as of that date.
Like what you've read? ...Republish it and share great business tips!
Attention: Readers, Publishers, Editors, Bloggers, Media, Webmasters and more...
We believe great content should be read and passed around. After all, knowledge IS power. And good business can become great with the right information at their fingertips. If you'd like to share any of the insightful articles on BusinessManagementDaily.com, you may republish or syndicate it without charge.
The only thing we ask is that you keep the article exactly as it was written and formatted. You also need to include an attribution statement and link to the article.
" This information is proudly provided by Business Management Daily.com: http://www.businessmanagementdaily.com/9239/slumping-auto-market-puts-salespeople-out-of-commission "
- Dow offers its employees free home energy audits
- Ledbetter's lesson: Revamp salary guidelines to make pay as fair as possible
- Obama budget: DOL to boost enforcement, IC crackdown
- 5th Cir. Court of Appeals rejects DOL interpretation of guest worker minimum-wage requirement
- Offering new employee higher pay than incumbent of opposite sex? Document why