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Old 2006-09-22
Unregistered
Anonymous Coward
 
Posts: n/a
Default Re: question about pay

Quote:
Originally Posted by Unregistered View Post
okay Mr. I-Know-Everything, answer me this then:

Why would a company that's great to work for like Enterprise need to lie about how much one of their top guys makes? It's not like the lower-level employees need any additional motivation.
That's because Enterprise is NOT a great place to work thus they need to lie about how much their top guys make. BOOM!

What's C2's average OP for the year? $20? that's about $360K per year (based on 7500 cars and an incredibly generous 20%) in commissions. Not chump change by any stretch but unless he has $1M base salary (not even close) he does not make $1.3M per year.

Once upon a time, when C2 ran a huge profit (Matt Daragh era) then yes, the top guys could approach the 7 figure plateu. But that was pre 911 when insurance companies were shelling out money like it grew on trees and the used car market was booming at a 15 year high. Now, the used car market is mediocre at best and Insurance companies are tight with their wallets - not to mention the huge spike in unfiled claims to avoid increased premiums.
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