When it comes to handling business, especially those which involve numbers, you have to learn to be precise, even annoyingly so.
Why you should look at the bigger picture
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However, being overly scrupulous can turn against you, as one boss proved. Not only did he cost the company a $300,000 sale, but the employee was set to earn a $30,000 commission.
The story from Reddit clearly shows that though everything needs to be balanced, you should always look at the bigger picture.
The poster called the boss an "idiot"
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The Reddit poster added to the antiwork subreddit a lengthy message in which he explained how his "idiot boss" lost 300k USD over $300.
Secured a 300k USD deal
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The poster said he made a deal, "an order worth $300.000. My commission was 10% ($30.000)."
Bank took a commission for the transaction
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Everything was ready, but "our bank would take 0.1% commission for the transaction." So far, it sounded like a typical procedure.
Boss rejected the payment and asked them to give more money
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Then the boss decided they should not send 300 USD to the bank, "so he rejected the payment and told the client that they should send more money to cover the 300 dollars."
The client was angry
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Though the client was angry, they agreed to pay $300.300. With the 0,1% commission, the firm would get 299.999,70 dollars.
That, too, was not good enough for the "idiot boss."
The boss did not accept payment again because of the missing 30 cents
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As the poster wrote: "For those miserable 30 cents, my idiot boss decided to reject the payment again and told the client that they should pay for those 30 cents as well."
Losing 30,000 USD
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The Reddit user added, "the client I was chasing for months is gone, and my $30.000 in commission is also gone."
Quitting his job
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He decided to quit his job at the office which sells commodities across the world.
The commentators were quite upset
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The viral thread gathered thousands of comments, with many posters saying they had similar experiences.
The best-rated comment went through the same thing, as they wrote, "I have done that. Cost me a commission, and I quit. No notice, no warning, I packed up my office and left."
People said they will stop showing up immediately
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Some people would not even consider the two-week notice:
"The ol' "you're gonna notice for about two weeks I stopped showing up" two weeks notice."
"Two-week notice would be too polite"
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Another chimed in:
"Sending your two weeks would be too polite, considering they cost you thirty grand.
Reddit user shared a similar experience
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Another Reddit user wrote:
"Worked at a company where the general manager of our office/area fought the client over $10-20k. Cost us a $40+ million contract that would have gone up as time went on. The office closed less than a year later."
Someone above his boss
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Many wanted to know if the boss had someone above them because they would certainly like to hear about this.
All agreed that the original poster should quit and find a better-suited position.
What would you do?
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What would you advise the Reddit user to do? Leave in quiet, make noise, or sue, as some comments suggested?
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Source: Reddit
source https://www.womenio.com/44734/boss-loses-300k-sale-for-company-because-he-doesnt-want-to-pay-transaction-fee
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