ExFlyBoy5
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
As some of you know, I am retired but my DW has continued to w*rk. BOO!!!
Anyway, she is in the residential leasing management world and her company was recently purchased by a pretty big conglomerate (and it was also owned previously by an even larger conglomerate) and of course, there are [-]growing pains[/-] significant changes with the transition.
One of the changes is how agents are paid in regards to renting out a home. Most of these agents are 1099 "employees" but the gravy train has been good...so they do the rentals as a their full time vocation. The change hasn't been good for them and depending on the market, they could be looking at a 50% cut in pay. My DW was tasked with passing this on to the agents...and as you might guess, many aren't happy.
To add insult to injury, she was just told that she needs to identify 6 agents and terminate them. While it seems a little "easier" since they aren't actual employees, my wife is not very happy since she has known these folks for years and call many of them friends. She isn't sure how she is going to do this, but they have made it clear that it has to be done by next Wednesday.
Her BS meter is starting to peg out...perhaps she is finally getting to the end and will FINALLY join me in retirement!
Anyway, she is in the residential leasing management world and her company was recently purchased by a pretty big conglomerate (and it was also owned previously by an even larger conglomerate) and of course, there are [-]growing pains[/-] significant changes with the transition.
One of the changes is how agents are paid in regards to renting out a home. Most of these agents are 1099 "employees" but the gravy train has been good...so they do the rentals as a their full time vocation. The change hasn't been good for them and depending on the market, they could be looking at a 50% cut in pay. My DW was tasked with passing this on to the agents...and as you might guess, many aren't happy.
To add insult to injury, she was just told that she needs to identify 6 agents and terminate them. While it seems a little "easier" since they aren't actual employees, my wife is not very happy since she has known these folks for years and call many of them friends. She isn't sure how she is going to do this, but they have made it clear that it has to be done by next Wednesday.
Her BS meter is starting to peg out...perhaps she is finally getting to the end and will FINALLY join me in retirement!