turbo
Gold Member
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Ross Perot made a fortune by hooking up with customers that would make large orders when his compensation was at its highest, with NO penalty for cancellation. Guess what? He called in a lot of favors, got highly compensated, and left his employer in the lurch after the contracts that those bonuses were based on were canceled en-mass.Evo said:I think if anyone does get fired and files a wrongful ternmination suit that they might win since the amount of work required was decided without any justification other than, "we keep raising the bar and most of you keep meeting it". Well, that's because some people are working 80 plus hours a week and others have found less than kosher ways to report their results. Not to mention that some are doing a lot of really shoddy work that's bound to hit the fan sooner or later.
I'm not suggesting this as a business model, but putting it out as a cautionary tale. Businesses can promise a lot during boom-times, and they can run into problems when the time to pay comes due. In my case, I was pulling in less than $200K/yr in incentive pay, but the owner's greed led him to try to cut that unilaterally, while the net profits of my tiny division were running well over $1.25M/year. The state and federal court systems should have slapped that creep down with fines and penalties, yet they let him slide off. I guess a tiny piece of all those millions can buy a judge or two.
Evo is in a really hard place! Even when I was not "on the clock" I had clients in Europe, Asia, NZ, and other time zones that had to be kept up with. There is absolutely no way that I would have bothered to log each and every call I made or received when I was working at home, after putting in 8-10 hours per day (and many more during crunch times), but my legal team thought that such protestations would "confuse" a judge or jury. Duh! If a billionaire heir of a candy-fortune calls you at midnight from Switzerland, you take the call. If you have to call a client in another time-zone whose schedule is far offset from your own, you make the call. I have taken bids on significant items of US militaria from countries in Africa, NZ/OZ, SE asia, etc. I gave big bidders my home number so that they could get in touch with me any time. Few abused it. Most international businessmen are acutely aware of time-differences.
One time, I had an interesting twist. A highly-placed offiicer of a defense contractor called me after he touched down in Chad. I had Fed-Exed him a catalog and he got it in MD before his flight. During the flight, an Ireland-based contractor had been eying his catalog, and wanted to bid on some Confederate items. I got a call from my client, asking me to place progressive bids for him some items, then he handed his cell phone to his new-found buddy, who also placed bids on the CS items. I got CC #s from the new customer, but relied on the personal recommendation of the older client to over-ride the company's guidelines on bid-limits for new customers. Personal trust and "gut-feeling" evaluation is missing in today's business climate. Over 10 years ago, I got a call from an investment consultant/specialist in Confederate items. He invoked the names of friends of mine in CW militaria and asked me to talk to them, and then asked if I would allow him a multi-million-dollar credit limit in future auctions because he was representing some BIG buyers. I checked with his references, approved his auction limits, and he has done quite well, using my acceptance to leverage his way into other auction houses. These days, you will see him prominently featured as a "Confederate" expert on the Antiques Road Show. He is a lot smarter than that, but the producers of that show prefer to highlight furniture, art, etc.