Legal Question in Employment Law in Illinois
Employment contracts
My employer is attempting to change my employment contract(as well as others). My current contract pay is based on 100% commission and should I resign it allows for trailing commissions to be paid for a period of one year. It has been this way since I started with the company 14.5 years ago. Estimated value equals 6 months of regular commission. The new contract presented does not offer a trailing commission. They are going to pay a salary and ''variable amount'' based on budget attainment. They are stating that the employment contract should be signed by 2/3/07. They informed me of the details 1/12/07. I indicated that I have a BIG issue with the elimination of the trailing commission (as well as many, many other issues). What legal recourse will I have should my employer insist that I sign the new contract or else I do not have a job? This seems like duress. The company will profit from my work well after I leave. I will try to negotiate additional perks, but they seem to have me over a barrel. By the way, I am the top performer in my office and I have not been demoted. Also is my previous non-compete null and void if I don't sign?
1 Answer from Attorneys
Re: Employment contracts
Sounds like you're getting screwed. Nonetheless, it is impossible to provide to you any guidance in this forum, as one would need to review your prior years' contacts along with the new one proposed for this year. You need a good business/employment lawyer.
-- Kenneth J. Ashman; www.AshmanLawOffices.com; [email protected]
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