Hi. I'm very new to the insurance world and just got my P and C license. And I got a job offer from Farmers...from an independent agency that I'll be working under.
But the manager is not willing to give me an actual offer letter. She keeps pushing me to accept the offer and keeps talking about how high the commission is. She also wants me to pay for the background check (is this common?).
But since my base salary is $14/hr, why would she also give me 30% commission on new accounts and 20% on renewals?
That just seems like a lot of commission plus a base salary, since I have zero experience.
Is it possible that my salary is actually a draw on future commissions and that's why she won't give me a written offer letter?
She also briefly mentioned me possibly signing future contracts to hit quotas...that would be to get advances on commission too right?
I don't want any advances or any potential debt...not at all.
But the manager is not willing to give me an actual offer letter. She keeps pushing me to accept the offer and keeps talking about how high the commission is. She also wants me to pay for the background check (is this common?).
But since my base salary is $14/hr, why would she also give me 30% commission on new accounts and 20% on renewals?
That just seems like a lot of commission plus a base salary, since I have zero experience.
Is it possible that my salary is actually a draw on future commissions and that's why she won't give me a written offer letter?
She also briefly mentioned me possibly signing future contracts to hit quotas...that would be to get advances on commission too right?
I don't want any advances or any potential debt...not at all.