Authored by Caitlin Ladd
Employers with commissioned employees will be pleased with a new decision finding that Morgan Stanley Smith Barney’s approach to commission calculations was not an improper deduction from wages under the New York Labor Law.
MSSB’s compensation structure allows its Financial Advisors to select from a variety of formulas, all of which provide for fixed business development
Continue Reading How Big Is Your Business Development Budget? Court Finds Employee Spending Beyond Fixed Allowance Voluntary While Trimming NY Wage Deduction Claim