AU1 13.6% 2.5¢ the agency group australia ltd

Ann: Trading Halt, page-16

  1. 708 Posts.
    lightbulb Created with Sketch. 5
    Correct, it is industry wide.

    It does however have a magnifying effect. The more under performing reps you have, the more $1000 p/w salaries you have to hand out.

    It has a massive impact on cash-flow, remembering that any sale may take 30 - 90 days to settle and the funds to materialise, and secondly these national Award changes are based on rolling years - any time taken out by the rep, for any reason will reduce their effective income for that rolling annual period.

    Probably worth reading up and looking into
 
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