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I am an advertising sales executive in Idylwood and I am paid on commission however I do collect a draw. I want to quit however I am afraid that the company will try to screw me on commissions they owe me if I quit. Our comp plan states "we will be eligible to receive commissions, less any draw amounts on any revenue collected only for advertising that aired prior to quitting for a time period up to 30 days after termination. No commission will be paid on revenue collected after 6 months." Does that mean if the ads have already aired that I am entitled to receive commission if the company gets paid prior to 6 months?
To answer your question - Yes, you should get paid the commission if the ads have aired, and your company gets paid within 6 months. If you work for a large agency, they should have pretty good accounting measures in place to track the ads and your commission structure. But depending on the size of your draw, it may not make you rich. Take the last posters advice - talk to someone who has previously left the firm, or another agency to confirm all this. Before you leave, build a spreadsheet with exactly all the sales you made, and your expected commissions. Accurately put in your draw amounts, and get a rough idea on when and how much commission you can expect. If you decide to leave, set up some time with your manager or the HR specialist to go over the spreadsheet and ensure you are all on the same page. Once you have left, monitor it like a hawk. Check the media to see the ads running, call finance to see if they got paid, follow up with payroll to get what you deserve. Reason is, screwing salespeople out of commissions after they leave happens all the time. If you have all the information, you won't be left wondering what happened. Lastly, look into the vacation payment. I think the law states that even if you resign, you get fully paid out for all outstanding PTO on your last pay check. Again double-check that with HR and others who have left. Good luck.
You might want to clarify what you sell. are you selling advertising? you might want to verify also if they have in their contract if for instance they can validate that your commission less your draws is less and you owe a balance to the company. good accounting and other loopholes they can use, might work against you. do you know anyone who left the company and can talk to them on how they handled this? good luck