December 7, 2010 — Will timeshare developers soon be providing health care plans for their 1099 sales agents as some do for their ‘employee-status’ sales reps? If the heavily debated 2000+ page Federal health care plan becomes law developers may have no choice in the matter and will have some big decisions to make.
As confusing as Congressional bills have a tendency to be, and considering how the 1099 status of many sales reps continues to be challenged by government and private entities, it seems likely that we’ll all soon be hearing the order:
- Achtung! Der Homeland has decided you vill immediately PAY for coverage and if you oppose der directive vee have veeeeery interestink vays of makink you C0-OPERATE!
One thing seems clear. Knowing the historical trends in the Timeshare industry there should be no doubt in anyone’s mind that if the debt is passed on to the Developers they’ll likely raise their bottom line (net prices), blitzkrieg the commission structure even further and possibly eliminate SPIFFS and bonuses altogether.
And if the ‘tab’ is not passed on to the Developers but instead by law to the 1099’ers then brace yourself gang for a $5-K to maybe $10-K annual clip you’ll pay out of your commissions without so much as a kiss good-night!
Sure, it ain’t pretty, but either way, that is the way the lion is likely to roar!
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