4.0
Jun 10, 2010
Former employee
Recommend
CEO approval
Business Outlook
Pros
Autonomy. No cap on how much you want to make in earnings. Team environment and support is there.
Cons
Amount and time span of having a salary needs to be adjusted. In certain market areas, it will take the new FA longer to generate a stable amount of gross commissions to survive. If you consider the attrition rate, money spent on training a new FA, providing a more stable salary would be beneficial to the company as a whole. Quarterly decreases in salary in this market is not the solution to lowering the attrition rate.