At interview they’ll match your pay grade with your last job, but after 3 months will knock you back down to $11.
How you get paid? Either you make a certain amount of commission in a pay period, OR you get your hourly, not both. Secondly, your commission gets divided on how many hours you’ve worked. Third, that $395 you’re charging? You don’t get all of it. You probably will get maybe ...$50 dollars of it? Approximately.
Broker fees? Why have them in the first place?
Company will tell you to put your fees at $395 so regardless if a customers monthly is 47 for liability, they will tell you to start at $395 down payment PLUS whatever the company is asking for.
And there no residuals.
The insurance companies? I wouldn’t put my own worst enemy with these companies.
The takeaway? This company is ONLY GOOD TO GET YOUR FOOT IN THE DOOR. FOR THE INSURANCE INDUSTRY
Do not stay with this company for more than a year. It doesn’t provide any sort of stable paychecks, unless you’re really willing to put in the work. Even then, management is super unorganized, the company culture is bleak at most, coworkers are alright, and there’s a definite lack of communication between employees and upper management.