I received an email offer from a company I am looking to work for
I received an email offer from the mortgage manager looking to get me on board as a new hire offering me a non recoverable draw and he sent me the email response from corporate:
Below is the offer from my corporate office.
Sign on/Retention- Month 1-3 $4000 per month paid on the 2nd pay period of each month. If employees resigns or is terminated for cause within 6 months monies will be do an payable immediately (This is doubling his run rate at Regions)
Month 4, $4000 draw against commission. If employees resigns or is terminated for cause within 6 months any outstanding draw will be do an payable immediately
*Performance expectations: Employee should have at least 1 application taken within the 1st 30 days , 2 active applications in pipeline and 2 loans funded in month 2 , 2-3 active applications in pipeline and 2 loans funded in month 3 ,
Let me know how you want to proceed ?
If after 4 months I am not closing any home loans and I need to survive and find a job elsewhere, can that company go after me to payback all the money?
Answers (1)
posted by Arthur Schofield | Sep 18, 2015 08:44 AM [EST]
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