More people than you might think work on a purely commission basis, while others work on a commission and salary basis. However, it is important to make sure that all parties involved agree to the commission terms or things could really get heated. For example, a recent case from the Houston Courts of Appeals is a perfect example of what could happen to an employer that works on a commission basis. In order for an agreement to work, both parties must have a meeting of the minds. However, the Colter v. Amkin Technologies, case is a pure example of minds that did not click. More On That Here.
Perhaps, you are a sales agent and work for a meager salary and a commission. Did the hiring manager create a written agreement that both parties signed or simply agreed verbally. That verbal agreement concerning a hefty commission might not stand up in court. The fact is that a court of law will give more weight to a written agreement than a verbal agreement. Clearly, a written agreement is a fact. A verbal agreement is based on hearsay.
Professional Business Consultant
Susan McGalla is a professional executive business consultant, American businesswoman. She lives in Pittsburgh, Pennsylvania. This experienced business consultant has worked in various managerial positions during her career, and she would of advised all parties involved in the above case to have a meeting of the minds and a written contract to seal the deal. This would have saved a lot of headaches in the long run.