different commission plan for 1 person
This is a discussion on different commission plan for 1 person within the Salary & Workers Compensation forum, part of the LABOR & EMPLOYMENT LAW category; I work for First Horizon Home Loans. We are strictly commission but it is w2 wages. We have about 75 ...
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I work for First Horizon Home Loans. We are strictly commission but it is w2 wages. We have about 75 loan officers. We have taken 3 pay plan cuts in the last 1 year. One person who is tops in the company is on a totally different pay plan. He is paid 90% commission on the loans he funds whereas the most any of the rest of us can get is 70%. So everyone else has the same opportunity for income and is limited to that 70% Is this legal?
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That seems a little odd but it is not illegal normally; different employees can have different pay terms unless they are based on illegal factors such as age, race etc.
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