Money is only money, If the employee's who choose to take Big Pockets cash now stick with him... They are not really the guys you need to join your venture anyway.
You started out this process by offering them a fairer wage, You have established yourself as the person who was willing to help them grow their business, That and your past conduct with these employee's set's in stone the definition of what sort of "Character" you have.
Those with a strong sense of self preservation will always want to play on the winning team. Not just the team that happens to be paying a bit more right now.
The reality is some will take your offer, and some will take his unsustainable offer. You will back-fill and train additional employee's to take the place of those that did not come over. He will not be able to sustain what he offered and will either close doors or buy enough time to get a new sales force in.
And yeah.. to offer guaranteed salaries with guaranteed bonuses in a commission environment... That's not gonna end well. I suggest those who accept his offer get it in writing.
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