Negative commissions, stay away!!! - Account Executive eFinancial Employee Review

1.0
Oct 7, 2017
Recommend
CEO approval
Business Outlook

Pros

Nice office, good location, we get free bagels on Friday morning , ping pong table, some of the co workers are great.

Cons

If you're okay with making $14 per hour then this is the job for you, otherwise stay away because they will make sure that the commission you earned vanishes through 5 different levels that you are supposed to hit, which is usually impossible. Commission structure was changed ,for worse , twice this year. Negative commissions are a monthly recurrence to where you end up owing money to them.

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eFinancial Response
8y
Thank you for sharing your feedback. Because our environment is goal driven and fast paced, we feel it’s equally important to cultivate a fun and relaxed atmosphere. While there are occasional changes to commission structures, this year, there was only one change. With advancements to our tools and solutions we can offer, we are in a great position to help our Account Executives drive and cultivate more business. From these updates, a large percentage of our Account Executives continue to earn more money than the prior years. As for negative commissions, they do occur on rare occasions (less than 1% of the time). Account Executives are paid a percentage of the premiums they generate for the company plus a base and variable incentives. If a customer cancels the policy right away, there are instances where we deduct any commissions that were paid in advance. This is common industry practice when advanced commissions are paid. In the big picture, our goal is for every one of our employees to succeed because we all win when that occurs. We appreciate any feedback because it helps us find areas for improvement which will ultimately result in an even stronger company.

Explore other reviews about eFinancial

5.0
Feb 19, 2026
Recommend
CEO approval
Business Outlook

Pros

Has been an great opportunity. Can do big things here. A lot of the complaints are people who dont put in the work to advance. You have to work hard to get to AE. They have sales meetings every month and call out promotions and there are ALWAYS a lot of promotions to sales roles. You literally see promos every month. Good earning opportunities get to work fully remote from home. They invest a lot into you starting up. Yes, you have to make it past BDR role but that’s an important role because it’s when you get licensed and then when you become an agent your get leads sent to you all day. Company is like a small family you can tell leadership is strong together which makes for an enjoyable work environment. Can go on with pros: good benefits, base pay, computer + monitors, incentives, company trips for top earners, training, it goes on.

Cons

They give chances to non- sales backgrounds. Therefore you’re sometimes dealing with the inexperienced people that think it’s a cake walk. They quickly find out it’s not as easy as they hoped. In turn they don’t try to get better and blame everything but themselves, which is why you see a lot of these negative reviews. I had people on my team complain about everything and you could tell it wasn’t going to work out for them right away. It’s sales it’s tough. Gotta put in the work as you would any company. People say you can make more flipping burgers.. ya their goals are also not long term if working for the minimu wage rather than the commission. If I could change one thing I’d suggest they only hire sales ppl so that everyone could be surrounded by like minded individuals but I get it. Some people make the most out of it with out sale background I’m sure

1
3.0
Jun 30, 2026
Recommend
CEO approval
Business Outlook

Pros

Remote availability throughout the country.

Cons

Unrealistic sales quotas and expectations.

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