Base Salary?

[giantpharm]

I received a call from a recruiting coordinator at New York Life and was asked a few questions about my work history. After I answered her questions she asked if I wanted to come in and interview with the Managing Partner. She indicated the position was for sales. I told her I was interested if there was a base salary and she told me there was. I have searched the internet for hours trying to verify this, but everything I read indicates 100% commission. Does anyone know if there is a salary and if so what is the range?

 

[xrac]

I received a call from a recruiting coordinator at New York Life and was asked a few questions about my work history. After I answered her questions she asked if I wanted to come in and interview with the Managing Partner. She indicated the position was for sales. I told her I was interested if there was a base salary and she told me there was. I have searched the internet for hours trying to verify this, but everything I read indicates 100% commission. Does anyone know if there is a salary and if so what is the range?

If there is a base salary it will be something the local office has put together. The NYL office I talkked to had nothing.

 

[Crabcake Johnny]

Sorry to come off as a bit rude but if you're looking for base pay you'll want to avoid sales jobs. Even if a sales company offers a base pay you'll never win:

A) The production requirements will be high so if you don't keep up you'll simply be fired.

B) Some offer temporary base pay which offers a false sense of security. Then the base pay ends and it's like the carpet's been pulled from under you.

Solid sales reps in any field would never take a job that involves bases pay since they understand that the overall compensation figuring in the production requirements is about half of what they'd make on straight commission.

 

[patch36]

Generally they are advances against current and future commissions with lots of strings attached.

Real sales people work for commissions. Base and bonus are generally order takers and jobs with lower earnings potential. In these cases the deck is generally stacked against you. These companies know that most will fail, but they gain the production you have brought in during your short stay.

 

[Crabcake Johnny]

I can't tell you how many calls a week I get from agents all saying the same thing "my base pay just ended and..."