Commission vs salary

Aug 19, 2007

  1. mick825
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    mick825 New Member

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    I am a new agent starting out with a P & C license and life license in CA and would like to ask and get opinions and see what you think is best. 100% commission based job, commission and salary based job or purely salary.

    Thanks so much for your opinions.

    Mick
     
    mick825, Aug 19, 2007
    #1
  2. senior-advisor-indiana
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    senior-advisor-indiana Guru

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    We all work for free. :D:D
     
  3. tommyk
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    tommyk Guru

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    Salary you are capped on earnings.

    Senior works for free, with no capped earnings.:chatterbox:
     
    tommyk, Aug 19, 2007
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  4. somarco
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    somarco GA Medicare Expert

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    Starting out, I would go for salary or salary + bonus. Give yourself time to see if you like the work, and can make it in sales.

    Once you learn it, like it and have enough confidence you can make it, there is time to cut the strings & move on.

    This is a tough business. Most folks fail in their first 6 months and few make it beyond 18. I see no reason to put extra pressure on you by having a bunch of weeks strung together with goose eggs just so you can pat yourself on the back when you score $1000+ in a week.
     
    somarco, Aug 19, 2007
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  5. Slow Eddie
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    Slow Eddie New Member

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    Whats a normal strictly comission percentage for someone that goes to work for an agency in California?

    Eddie
     
  6. senior-advisor-indiana
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    senior-advisor-indiana Guru

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    Strictly commission is 100%. :rolleyes: right?
     
  7. Sir Ringo
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    Sir Ringo Expert

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    Seems that there is some charity work involved.
     
  8. Delta76
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    Delta76 Guru

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    Just realize that when you do something other than 100% commission, you will be giving up some freedom: owning the book of business and choice of prospecting methods are two I can think of off the top of my head.
     
    Delta76, Aug 20, 2007
    #8
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