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Posted: Thu May 01, 2008 3:12 pm
by hlc
Hi. At present I am in my first year of My IVA and earn quite good bonuses every month in my sales job. I wanted to ask if it is standard practise to have to give my IVA company the 60/40 split of all commission earnt? Currently they are doing extremely well out of me and this is really difficult on a month to month basis!
Posted: Thu May 01, 2008 3:14 pm
by Oliver
This will entirely depend on what was agreed (and inserted in the terms and conditions) of your individual agreement.
Posted: Thu May 01, 2008 3:19 pm
by chris.g
Hiya and welcome to the forum,
It must have been in your proposal that there would be a 60/40 split of commission. I suppose it's similar to the 50% overtime clause that is usually included. You could mention it at your review if you are struggling because of paying it,
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