- Report: #71324
Complaint Review: George S. May
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| George S. May 333 South Northwest Hwy
Park Ridge, Illinois United States of America |
|
George S. May International Company Consultants get paid 10% of collected client invoices. Ripoff! Park Ridge Illinois
*UPDATE EX-employee responds: George S. May INternational Corporation is a RIP OFF!
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It is very important for clients of the George S. May Company to understand the following: Management consultants get paid 10% of your paid invoice.
This means that at $158 per hour, the management consultant gets paid $15.80 per hour. To be fair, this hourly amount increases with benefits and incentives, but also lowers when travel, non-billed hours, and non-payment are used in the calculation.
In my opinion, a business owner must take into consideration the low pay you're your management consultants earn, during the evaluation of what value am I receiving'.
For example, during an average 250-hour project, the management consultant will earn ($158 per hour X 250 hours X 10%) $3,950.00. During this project the George S. May Company will receive ($158 per hour X 250 hours X 90%) $35,550.00, which primarily is allocated to pay selling expenses associated with their operations and profit.
My conclusion is that it is impossible for a client to get his money's worth' with this type of structure.
If you address this issue with the George S. May employees, they have been instructed to verbally convince you that your project should still go forward, but they will not be able to provide written evidence that the above is not true.
Robert Reno, Nevada
U.S.A.
This means that at $158 per hour, the management consultant gets paid $15.80 per hour. To be fair, this hourly amount increases with benefits and incentives, but also lowers when travel, non-billed hours, and non-payment are used in the calculation.
In my opinion, a business owner must take into consideration the low pay you're your management consultants earn, during the evaluation of what value am I receiving'.
For example, during an average 250-hour project, the management consultant will earn ($158 per hour X 250 hours X 10%) $3,950.00. During this project the George S. May Company will receive ($158 per hour X 250 hours X 90%) $35,550.00, which primarily is allocated to pay selling expenses associated with their operations and profit.
My conclusion is that it is impossible for a client to get his money's worth' with this type of structure.
If you address this issue with the George S. May employees, they have been instructed to verbally convince you that your project should still go forward, but they will not be able to provide written evidence that the above is not true.
Robert Reno, Nevada
U.S.A.
This report was posted on Ripoff Report on 11/07/2003 05:20 PM and is a permanent record located here: http://www.ripoffreport.com/r/George-S-May/Park-Ridge-Illinois-60069/George-S-May-International-Company-Consultants-get-paid-10-of-collected-client-invoices-71324. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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Search Tips#1 UPDATE EX-employee responds
George S. May INternational Corporation is a RIP OFF!
AUTHOR: Chet - (U.S.A.)
SUBMITTED: Wednesday, March 31, 2004
So true so sad but true. The business analyst that SOLD you the service in the first place is not a business analyst at all. In fact they hire/ recruit sales people who can crush the life out of a business owner to get them to sign a highly deceptive contract that is DESIGNED to be shortened by the business owner.
Here is the low down; the contact has a couple of SAFETY valves built in. The owner of the company can stop the work at the end of any given day even the first day. They send in enough people to eat up as much of the company's cash and liquid credit as they can before any real results can be achieved. Feeling the pinch of the cash flowing out of the business the owner halts the project within days because they have no more money. The project director gets the owner to write a letter of 100% satisfaction for the work done to date before he can take his team off the project. That letter is spelled out in the contract! SO SLICK you have a business owner not knowing what hit him or her and George S. May International Corporation has a boatload of CASH at the company's expense PLUS they have a letter they can throw back at the owners face when the owner wises up. TURNS YOUR GUT just thinking about it.
WHAT A RIP OFF! VIVA LA RIP OFF REPORT!
Here is the low down; the contact has a couple of SAFETY valves built in. The owner of the company can stop the work at the end of any given day even the first day. They send in enough people to eat up as much of the company's cash and liquid credit as they can before any real results can be achieved. Feeling the pinch of the cash flowing out of the business the owner halts the project within days because they have no more money. The project director gets the owner to write a letter of 100% satisfaction for the work done to date before he can take his team off the project. That letter is spelled out in the contract! SO SLICK you have a business owner not knowing what hit him or her and George S. May International Corporation has a boatload of CASH at the company's expense PLUS they have a letter they can throw back at the owners face when the owner wises up. TURNS YOUR GUT just thinking about it.
WHAT A RIP OFF! VIVA LA RIP OFF REPORT!
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