My husband is breaking into the insurance industry after teaching in public schools. He is being courted by several insurance agencies including Nationwide and Farm Bureau. He's leaning toward Farm Bureau at this point. Can anyone tell us how to negotiate a salary with them... He's going in blind and has no idea how their system of salary/commission/bonuses etc. works. Any input will help!!
2007-01-28 06:59:07 · 0 answers · asked by emallia 3 in Business & Finance ➔ Insurance
My husband is very hard working and very people orientated... which is why we feel this avenue will be more rewarding than teaching. I understand that we don't have a lot of room for negotiations... but I would like to know what to expect income-wise with the different companies.
2007-01-28 12:14:25 · update #1
Good grief. Your husband is applying for a job for which he is not qualified and you are concerned about the money. Okay.
2007-01-28 07:07:25 · answer #1 · answered by Eva 5 · 0⤊ 2⤋
Farm Bureau Agent Salary
2016-11-15 03:36:33 · answer #2 · answered by ? 4 · 0⤊ 0⤋
Number 1, Farm Bureau will have more opportunity than Nationwide. Number 2, if you have no experience in the insurance industry, and are probably not even a licensed agent, I don't think you have a lot of room to negotiate for more money. Take the job and work hard to advance yourself. That is one thing about the insurance business - if you expect it to come easy, with no stress, it's not for you. But, if you are willing to work hard, you can be very successful in this industry. It is a very stressful profession if you care about your clients. And, to be successful, you need to care about your "people."
2007-01-28 09:30:49 · answer #3 · answered by nurse ratchet 6 · 2⤊ 0⤋
there really isn't a salary to negotiate, FB will determine how much your monthly expenses are and give him enough to get by on for 3-6 months (whatever their training period is for) then they will cut him loose and he'll only be paid based on commission on what he sold - if he's a beginner, you're gonna get hungry - that's what they want, for him to be desperate to sell insurance...and the pressure to make monthly goals is bad ..I've seen agents purchase policies on their own families just to make that monthly goal, I always felt so sorry for the new agents
2007-01-28 20:45:33 · answer #4 · answered by Anonymous · 1⤊ 0⤋
I agree with most of what's been answered
2016-09-19 06:46:44 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Pretty good arguments here.
2016-08-23 16:28:39 · answer #6 · answered by Anonymous · 0⤊ 0⤋