Clarification of New Payments & Charges

[desmorse]

Read something in last weeks Sunday Times which could explain a lot of things.

When Hillarys went through the last buy-out I was told the head of the new owners (CCT I think) was Luc Vandevelde, and John Risman was put in by CCT to run Hillarys. Does anyone know if Vandevelde is still head honcho, and pulling the strings?
Many of you may remember Vandevelde, he was paid off by M&S to go away, as things were getting worse rather than better. I now read major investors are trying to oust him and 4 other directors from Vodafone.

But here's the crunch, Vandevelde is director responsible for Vodafone's remuneration committee. To quote from the ST, "British investors have harbored doubts about the Belgian retailer since his unconvincing attempt to revive M&S"
One investor said "Vandevelde has not dealt with the remuneration policy at all well. He has been clumsy and frankly arrogant"

"Clumsy and frankly arrogant" sums up the JR letter rather well, I think.

This would explain

• why advisors who attended the meetings felt they were going to get a positive response from RK and co. Maybe they had "the errors of their ways" pointed out to them.
  
• why the response showed no understanding at all of how we work or are motivated
  
• why the mis-measure fine and PL figures jumped at the last minute from £15 to £20 and £200 to £250 - probably overruled from on high
  

So, anyone thinking of appealing direct to JR about the "improved payment structure", I just think you may be wasting your time!

[alcli01957]

Sorry to disagree with you GVM. I was an advisor at Ilkley & have met JR twice now plus had some contact recently re lost orders due to incopmetence down the chain loosing me & the company over £1800. If you have a grievence & you are prepared to put it over concisely & without bull you will find John a reasonable guy. He has to produce results to his bosses whoever they may be & he does listen & respond. This is why most of us at those forums do not feel our ears were tickled & the wool pulled over our eyes we were given the reality of the situation as were all of the rest of advisors in the report after. Changes have been made, some cannot be made & others cannot be done as quickly as we would like but that is business for you. It is still early days but the only way is up. Positive sells- negativity does not.

[cyberman1]

A motivated agent will do well and hit high ticket sales via large orders. A demotivated agent will miss oportunities. If you spot a large deal will you look at the commission or be demotivated at the fine potential.Hillarys nead to find the meaning of motivation.To recruit a new advisor takes time and experience can not be bought. The problem with British Industry is that we do not have enough skilled tradesmen because companies did away with apprenticeships. Hillarys by P***ing of Advisprs is doing the same in a slightly different way.A year os so I was well motivated and sang the Hillarys song- now the reverse is true.Is there anybody out there that thinks Hillarys is the tops. We should have a poll to vote on the good points of Hillarys and their management.

[keenasmustard]

penaltys =demotivation
rewards= motivation
end of lesson