Smith Barney Guarantees Salary to Reps

or Register to post new content in the forum



  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Jun 21, 2006 2:17 pm

So has anyone heard about this?

Smith Barney sent out a memo to branch managers in late April saying that come May 10, it will give ALL reps the minimum salary neccessary ($455 per week = about 23k per year) to list reps as exempt from overtime.