Bankers Life
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Bankers Life
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Former Employee Basically, it is a Multi-level marketing scheme; you are a contract employee, so they have nothing to lose. They expect new reps to cold-call the old leads to sell non-competitive products. The whole structure is made to cycle through new reps to bring in new clients for managers. There is no base pay, and comp goes through managers first. There is no gas reimbursement or other benefits; you pay to work for them. You will do the prospecting, cold calling, door-knocking, client sales, and management. They sell a dream that is pretty easy to see through from day one: be broke for a couple of years, and then you'll become wealthy. Sketchy sales practices work best in regions with large retirement communities because of sheer numbers. They make the salespeople who have been there the longest (typically <1 year) do most of the training even though it is the salaried manager's job. If you don't have money saved up, you will have to work a second job because you will be broke unless you work in Palm Beach. If you do, treat it as a sales internship while looking for a serious company.
1.4
Apr 2, 2025
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