Compensation cut after acquisition

New
MrGatsby

New

MrGatsby
May 16, 2019 4 Comments

Hi all,

7 months ago my employer was acquired by a much larger company. Inevitably, our compensation plan was cut today.

Our previous compensation plan was base 20% of monthly gross revenue, with a bonus starting at 28k MGR - you recieved 24%, at 33k MGR you received 26%.

Our new commission plan is still base 20% of MGR. However our bonus now starts at 45k MGR we receive 21%, at 50k MGR we receive 22%.

I understand the need for growth and cutting our commission is the easiest way to achieve that, however this seems like a drastic cut. I have never been in this position before. Is there any recourse for me besides sticking it out, or finding a new job?

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TOP 4 Comments
  • Time for new gig. When Google cut DoubleClick everyone left :)
    May 16, 2019 1
  • New / Ops
    tooQ10

    New Ops

    PRE
    Rakuten USA
    tooQ10
    Same happened to me 12 years ago when the decent-paying startup I joined out of school was acquired by a big Japanese behemoth slave driver. My pay stayed where it was for many years, but I had a target on my back and had to perform above expectations every half year. Eventually they got my pay down to the new owners' scale.
    May 16, 2019 0
  • Splunk
    jdjfjf

    Go to company page Splunk

    jdjfjf
    Nothing you can do. Though there is a chance that with the new company providing deal flow you can blow out your numbers especially in the near term. You’d know best whether you think that’s likely
    May 16, 2019 0