Pros
The health insurance, the logo, the office space and the "free" soda...but you cannot take it home with you...don't ask me how I know
Cons
You will be offed under forty K + commission or so and you won't be able to get a base raise of more than 2% per year unless an act of God. You will be called a carrier procurement rep, and if you say "but freight brokers make 75K + commission in NC" they will say you are not a freight broker you are and aren't you lucky because brokers have to pay for any losses they have...because at Red classic... Commission pay is BAD, you get $1 per load you move; plus 4% of the profit per load....but 95% of your freight is contracted or parent company freight. Contracted means that it was sent is as part of a RFQ in Sept - Nov of the prior year, when the leadership thought rates were magically going to drop...(red classic does not go back to customers for higher rates ever) you will get a couple loads you make $200 profit on and you get 4% of that $200... $8 for you. Parent company freight are loads that have to be covered no matter the cost because they are from the parent company; and Red Classic invoices the customer (the parent company) at COH with $0.00 mark up. Yes, so you the CPR/broker can pay $1000 under market or lose $1000 and you will be paid $1.00. because Red Classic does not charge it parent company more than COH to move its freight. There are literally CPR's/brokers in Red Classic who show to have lost $500,000+ on their total profit line but Red Classic doesn't care because those CPR's are moving parent company freight so actually they are at $0.00 for the year. Long story short, expect to be paid $1.00 per load in commission. So if you move 500 loads in the Q, you can expect to get $500 in commission for the Q...but you won't see it till a month after the Q ends... .Red Classic is used by it parent company to cover freight so that is costs them less to on the balance sheet. They figure its cheeper to pay Red Classic the COH to move freight then it would be to find outside carriers to move freight....and since Red Classic is a stop on the path for the VP's from the parent company, the VP's want to look good to the parent company...and its basically an open check book for the parent company freight. why? Because as long as the VP's can show basically "look at how well I served your freight, and I hit the rev and load count number we set" they get a raise..the VP's aren't paid on how much Red Classic profits, they are paid on the revenue and load count, Red Classic is not how the parent company makes money, they make money by selling cases of soda. To make it more clear, Red Classic is seen as the cheapest way for the parent company to get loads of soda from their bottling plants to the DC's and outside customers DC's.
