How is New York Life as an employer? Do they give base salary with commission?
I have interviewed with New York Life for the position of an Insurance Agent/Financial Planning Advisor. I havent been informed of any base salary yet. I understand that most Insurance companies like Bankers give only commissions. I am not sure about this one. Also, If someone can let me know how New York Life and Bankers are in comparison with each other as employers cause I have an offer from Bankers also.
Public Comments
- NYLife is a straight commission job (as are almost all insurance agent positions). How are they as an employer? They have a VERY high turnover rate, especially as most people can not afford to go 6 to 8 months with no income at all... which is the average time spent before the first commission check arrives. Hope this helps!
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