Sales Have Never Been So Low
This is about a job where I and about 200 other guys were promised, and earned, bonuses. The company was a financial services firm known for paying well, but one year they decided they’d withhold bonuses. This is how I handled it.
So I was working for a financial firm: 1,800 employees, with a sales force of 200. I was one of the salesmen. We had our annual meeting in April. It was a big affair.
Most of the employees attended, and the CEO gave a big speech about how the previous year was the best in the company’s history, blah blah blah. The next month, May, we each submitted memos basically justifying why we qualified for—or should qualify for—bonuses at the end of June.
I wrote mine out and explained the sales growth in my territory over the course of the previous 12 months, and what percentage my sales were out of last year’s total sales. Coming off the company’s best year ever, it should have been a slam dunk, right?
All of us were excited about how much we’d have coming in June. June rolls around and my bonus is zero. ZERO. But it’s not just me. It’s all over the sales floor. Less than 20% of the sales force got bonuses, and everyone was ANGRY.
All the supervisors were dealing with angry subordinates, the sales manager was too, and even the VP and director above him. Everyone was furious and insubordinate, angry accusatory emails were flying, and the company was facing a mutiny.
It got worse when it came out that the supervisors were offered bonuses that they could determine for themselves. Most of them took them, but a couple—knowing their subordinates wouldn’t be getting anything—refused. My supervisor took his.
When it came out, he tried to explain to his sales team about how he felt it was justified and how hard he worked. He ended up with people screaming at him about how they felt the same but they didn’t get jack. So for a week or so, things on the floor came to a stop.
A lot of people just didn’t show up and the ones that did were angry. I came in and started reading Monster.com ads at my desk. I also stopped selling anything, or answering my phone. When confronted by my boss, I told him that as soon as I got the bonus my sales justified, I’d start working again.
Until then I’d be coming in late, reading and responding to want ads, and leaving early. He could expect me to keep that up until I found another job or was fired. The following day, I was sent to the regional sales manager’s office. She said she’d heard about my work stoppage and asked me to explain myself.
I told her that if she heard about it from my supervisor, than she already knew why I wasn’t working and I didn’t need to explain it again. She tried buddying up to me, being friendly, then being stern, then being angry.
I kept my composure and told her that the longer the company held out on my bonus, the longer it was going to miss out on sales from my territory.
I then gave her my average daily amount of sales from the previous year, quantified what the total loss would be for a week of me not selling, and how much cheaper it would be just to pay me the money I was owed and get me back to selling.
Then I thanked her for her time and told her I’d be leaving work as soon as I left her office. And I did. The following day I came in, checked my emails—
Some of which were farewell emails from co-workers who quit over their bonuses—and sat on Monster.com until I was told to go to the office of the national sales manager.
He’s the gatekeeper; he’s in charge of all 200 of us. He told me he understood that I was upset, and could see why. I asked him if withholding the bonuses from 80% of his sales force was his idea or someone else’s. He didn’t answer.
He did tell me that I would be getting a check on Monday, and could I please go back to work now? I told him I’d be going back to my desk, but work wouldn’t start until the check was in my hand.
When I went back and checked my emails—yup, more defections. The next day, an email went out to the entire sales force: Management had taken a look at the numbers, re-evaluated the financials, and determined that June bonuses would be issued shortly.
The email also apologized for the delay, and reminded us that as salesmen, we were the core of the company and our hard work was appreciated.
I also received another email, this time from the national sales manager, who told me while bonuses were scheduled for Monday, he’d be walking my check to my desk the following day.
The following day I showed up, sat down, and shortly afterwards the national sales manager walked on up and handed me my bonus check. That’s when I completed my revenge.
I thanked him, and handed him my resignation effective immediately. In my resignation letter, I requested that a check for my unused vacation time please be cut and given to me before I left the building. When he finished reading it, I told him I’d clean out my desk while I waited for the vacation check.
While I was doing that, one of my co-workers also resigned effective immediately. We were walked out at the same time and ended up drinking at the bar across the street.
I learned later from co-workers that remained that even though the company issued the bonuses, they lost about 20% of the sales force in the following two months. Gotta love corporate greed.
The company had been around over 30 years by then and was known for generous compensation and had never before played games with bonuses or payments.