Ex-employee wants to be paid
Need a Funder or Vendor? START HERE

Results 1 to 25 of 27

Hybrid View

  1. #1
    Senior Member Reputation points: 222781
    Join Date
    Feb 2017
    Posts
    3,382

    Winning, it's a personal decision you're asking, and you know it.

    What am I going to do? I'm working it out now. Someone needs to be

    The problem is that this 1099 worker dropped out of the industry entirely, and then for a long time he was waiting to POUNCE on me when I closed a deal. He had this other broker egging him on as well. The issue is that if I have to pay him, or have to keep paying him, then there's another broker in the chain, and that's waaaay too many hands in the pockets, especially when this other broker often has to pay his group as well.

    On the one hand, it's not fair to treat me as a dishrag. On the other hand, he will probably complain about this experience for years. I've lost binding arbitration before as well and it hurts.

    I'm trying to balance, like you said, my own financial stability, how much I made on the deal and how much I gave up to others already (it was already split 50-50), the "I deserve it" attitude that I don't want to feed.

    Additionally, it has to be enough money for both the other broker involved and the one who sued me, feel like I gave them more than they deserved. So I have to negotiate both with the other broker and my ex-1099 guy to try to make them BOTH happy, so the introducing guy will continue to send me business! I think I did come up with a solution that nobody loses on and doesn't add to the broker chain in any way, I'm stilling waiting on the other broker to agree so that we can sign on it.

  2. #2
    Senior Member Reputation points: 30747
    Join Date
    Aug 2016
    Posts
    486

    Hold up, wait a second!

    Sued you???

    I would think this makes this a whole lot more complicated than what the forum members and I was thinking.

Similar Threads

  1. getting paid for doing nothing?
    By ghosthand in forum Merchant Cash Advance
    Replies: 10
    Last Post: 11-04-2019, 12:42 PM
  2. Yellowstone Employee Stealing Deals
    By ryan $ in forum Merchant Cash Advance
    Replies: 45
    Last Post: 01-09-2019, 11:18 PM
  3. Get paid up to 15 points
    By Americas Business Capital in forum Help Wanted
    Replies: 1
    Last Post: 06-10-2015, 07:59 PM
  4. Training / Employee Retention
    By channin19 in forum Merchant Cash Advance
    Replies: 6
    Last Post: 08-06-2014, 11:30 AM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

FundKite survey finds 77%
Ocrolus / Dragin partner
Broker Fair beats out deBanked MIAMI


DIRECTORY