I have been in sales at this company for 17 years, the last 5 as National sales manager. We are a very successful and profitable small company. The company was purchased about 16 months ago by a very large multinational corporation. They brought in a new President about a year ago. He presented me last week with an option for my pay for 2023. Option 1 is to continue to make what I made in 2022, which was $85,000 base salary and a December bonus of $$35,000 if company is profitable. I have always been paid this method and have always received the bonus. Option 2 is the one he suggests I take. It is a base salary of $100,000 paid in 2023. In addition, if I hit 100% of my sales goals and the company hits 150% of their goals, then I would get a bonus of up to $28,000 payable in March of 2024. My argument is that if I take his option, I only make $100,000 in 2023 vs. $120,000 if I take my current pay. He claims the bonus in March is deferred bonus and that I would not be taking a pay cut. He is trying to force me to take his option. Is he wrong?