Pros
Product is cool. Bright future for product.
Cons
Brace yourself for a compensation nightmare. Securing your hard-earned commissions is an uphill battle. It’s blatant at this point. Ironically, the bigger the deal you close, the slimmer your chances of getting paid. The payout cycle is a joke – it takes a whopping 9 months to receive full payment on closed deals. To add insult to injury, commissions are tracked on a spreadsheet that may or may not be shared, depending on management’s whims. LVT shamelessly and constantly flaunts its HEFTY profit margins while systematically shortchanging its sales force. The CFO’s behavior is particularly egregious, blocking communication with reps and instructing staff to ignore commission inquiries. This blatant disregard for salespeople’s rightful earnings is shocking and probably warrants investigation. It’s no wonder LVT’s top performers from previous years have jumped ship. The company’s inability to properly compensate and appreciate its revenue drivers is appalling. Instead of handsomely rewarding those who bring in the most business, LVT seems intent on wearing down its sales team through a grueling commission collection process. It’s literally theft at this point. Knowingly withholding wages - not a great look. And word is getting out. This shortsighted approach not only demoralizes the current sales force but also jeopardizes LVT’s future success. By mistreating its key revenue generators, the company risks losing more top talent and tarnishing its reputation in the industry.
