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Subject:
Default on a business/employee contract
Category: Business and Money > Employment Asked by: luke021164-ga List Price: $15.00 |
Posted:
27 Jul 2003 03:19 PDT
Expires: 21 Aug 2003 01:51 PDT Question ID: 235586 |
I am an employee of a privately owned executive search firm and receive 50% of all deals made as income. There are no benefits and income is entirely generated on a commission basis. There is an income payment schedule, part of the contract. Because business has been poor in 2003 for the firm, my income has been severely curtailed despite the fact that I have $25,000 of available commission generated, unencumbered cash/income in my account that I was withdrawing at a rate of $2,000 per week. My earned income is being used to carry the firm through troubled times.. What are my options and which is the best option financially? |
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