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Compensation based solely on Performance

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Elbee
Zanzibar

Member since 5/05

10767 total posts

Name:
Me

Compensation based solely on Performance

What does "Compensation based solely on performance" mean?? There is no "base pay" and only incentive based salary??

Posted 3/27/06 2:55 PM
 
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Shanti
True love

Member since 6/05

12653 total posts

Name:

Re: Compensation based solely on Performance

Sounds like a commission driven job...

Posted 3/27/06 3:44 PM
 

Ang-Rich
Beyond Compare

Member since 5/05

17988 total posts

Name:

Re: Compensation based solely on Performance

Is this for a position that you are considering or are they re-vamping your current position?

I'm going to assume the first...sounds to me like it's commission type deal but if your not in sales then they equate sales in that sense to be performance in this sense. So I would assume there would be deliverables and based on the incumbents ability to meet those deliverables they have a scale in which they compensate. Also the better you do the job (however they consider that - time, feedback, results) the better the comp...that's my best guess.

Posted 3/27/06 3:46 PM
 

Elbee
Zanzibar

Member since 5/05

10767 total posts

Name:
Me

Re: Compensation based solely on Performance

I applied for a job online that called me. In doing more research, I saw the phrase "Compensation Based Solely on Individual Performance" ... which to me means no base pay and only on performance based goals.
Now in looking further into this company, I could not find ANYTHING on the web about this company except tons of job postings that all say the same thing in different ways.

I think it's shady.

Posted 3/27/06 3:51 PM
 

salumunz
Chloe

Member since 1/06

1554 total posts

Name:
Patty

Re: Compensation based solely on Performance

It sounds shady.

Posted 3/27/06 3:55 PM
 

Ang-Rich
Beyond Compare

Member since 5/05

17988 total posts

Name:

Re: Compensation based solely on Performance

Hmmm - I agree with your concern. I'd feel the same way. If they call you in for an interview it's definitely something to have a long discussion about.

Posted 3/27/06 3:59 PM
 

Elbee
Zanzibar

Member since 5/05

10767 total posts

Name:
Me

Re: Compensation based solely on Performance

Posted by Ang-Rich

Hmmm - I agree with your concern. I'd feel the same way. If they call you in for an interview it's definitely something to have a long discussion about.



Well I asked them over the phone about compensation (I have to take a day off of work to go on the interview since it's in LI and I work in NY) and they said "it will be addressed on the interview." Just seems like one of those places that pull recent college grads into ... as I read more and more job postings it all seemed to allude to the SAME EXACT job.

Posted 3/27/06 4:02 PM
 

Ang-Rich
Beyond Compare

Member since 5/05

17988 total posts

Name:

Re: Compensation based solely on Performance

You know what - I've learned - go with your guy. I find it shady that they won't address it even in the slightest with you. Ultimately you make the decision but in my opinion - I'd hate to see you have your time wasted. Go with your gut on this. Chat Icon

Posted 3/27/06 4:10 PM
 

Leeners
:)

Member since 5/05

4898 total posts

Name:
Eileen

Re: Compensation based solely on Performance

Lisa - where are they located? It sounds like good ole DS Max to me...

Posted 3/27/06 4:10 PM
 

Elbee
Zanzibar

Member since 5/05

10767 total posts

Name:
Me

Re: Compensation based solely on Performance

Posted by Leeners

Lisa - where are they located? It sounds like good ole DS Max to me...



Garden City. Not DS Max though.

Posted 3/27/06 4:13 PM
 
 

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