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AR, the original poster said, "The board president wants to give HALF the money to the managing company." This is hardly a "small gratuity," to use your phrase. I don't know about you, but I've never given a waiter a 50% tip in my life. (Or maybe that should be a 100% tip, which would give the waiter and the restaurant the same amount of money.)
More importantly, it's the building's resources that Verizon is paying for. The original poster is asking about an equitable division of the payment for those resources. Are you seriously claiming that it's fair to give half the payment to a person who has no ownership interest in those resources, while all the actual owners COMBINED receive the same amount? Just imagine the uproar if a board member tried to pull such a stunt: "I negotiated the contract, so I get half the money while the rest of the shareholders get the other half."
On a more general note, waiters and cab drivers derive a significant portion of their income from tips, and everyone knows this. Tipping on a per-transaction basis is quite reasonable: the interaction is complete at the end of the transaction and you may never see the person again. With regular employees, however, an annual bonus makes a lot more sense to me.
The original poster said, "Verizon gives a co-op building a $$ bonus for allowing access to install FIOS in the building." Assuming this is correct, it's a one-time payment made to the building as part a business arrangement. Why would *any* negotiator expect to receive a whopping 50% of this payment? That's not a "gratuity" by any stretch of the imagination. To reiterate: if a board member had negotiated the contract and claimed personal entitlement to half the money, there would be a justifiable uproar.
Another example: Our attorney came up with an excellent financial argument that helped us get more money when we sold our air rights. This financial issue went beyond the legal advice and consultation for which he was being paid. So by your reasoning, we should have tipped our lawyer $2,000,000 when we sold our air rights for $4,000,000. What is wrong with this picture?
I am certain your lawyer charged you his $250-$400 per hour for the consultation, so no additional remuneration would be expected.
The way you are seeing it and describing it, I would agree with your view ... however,
"Verizon gives a co-op building a $$ bonus for allowing access to install FIOS in the building."
Although that's what was written in the original post, the money is not for allowing access, nor is it standard, it is a signing bonus and labeled as such... therefore, I see it differently than you…
Tomato or TOMATO... everyone is entitled to a diverse opinions, that's why this board exists......
Best
~AR
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Its not any percent of the income.
The ONLY monies we are talking about are not the rent or lease payments (that would be wrong), but monies that are specified and allocated solely for the commission I am speaking about.. the checks come specifically labeled "Signing Bonus" ... so to split this with the person who got it in the first place, where is the issue?
~AR
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