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I spent 3 months studying for and passing my series 3 license for a sales position in a firm. I live in an area that has no firms and in order for me to work i have to move. I called upon many companies that are about 3 hours away, and told them up front that I will need 2000 upfront to work so i can pay for my first one living expense. The job is commission only. A few companies agreed on loaning me 2k but then retracted! Why is 2k in relocation costs so much money, even though i offered to pay it back after i made some deals and sign a contract. How should i approach asking for relocation assistance with an employer?

TO me its well justified, because these employers will pay for your testing which comes out to 800 dollars, and the period is a 3 months period.

Well i paid the 800 out of pocket, and i am ready to go immediately. So isnt it worth 2000 to have someone starting now, then traing a new person and waiting 3 months?

your perspective to help me understand?

2007-09-25 05:35:15 · 4 answers · asked by Captain Kid 3 in Business & Finance Careers & Employment Financial Services

Thanks for the answers, but consider this. I would rather pay 2k to sign someone on immediately then having to wait 3 months for a new employee. The 3 month period is for someone to study and pass the test which is 800 dollars so really we are talking about 1200

2007-09-25 05:54:57 · update #1

4 answers

Do you want the truth? Or do you want me to try to coddle you and make you feel better?

I'll choose the truth.

The truth is the US economy has tanked, and the fallout is not being reported on the news. The truth is that they promised it upfront to meet you (and get you to come and interview) then found someone better suited that didn't open their mouths with demands before the offer.

Anytime you demand anything, you are immediately labeled as a questionable hire. So anyone that comes in and isn't questionable moves up in status.

Keep in mind that in sales 80% of the people make 20% of the money and their positions are revolving doors of new hires, quits and firings. Way of life in the sales position.

100% commission is just that. If you really want a job you will find part time night/weekend work to pay for your living expenses until your commissions start coming in.

Good luck to you.

2007-09-25 05:42:13 · answer #1 · answered by Gem 7 · 3 0

Unfortunately it's a supply and demand business, like all businesses. There's probably more of a supply for people now than a demand. Companies don't have to pay relocation expenses, so they won't.

See if you can borrow from a family member or friend or even a credit card. Companies don't want to have to worry about whether you'll pay them back or work out. They'd much rather hire you and be able do dump you in a second if they're not happy with you.

Sorry, but it's a cruel world out there. Don't give up though. Keep trying, you can do whatever you want to do.

2007-09-25 05:44:05 · answer #2 · answered by Glennroid 5 · 1 0

In my 30 years , relocation was only paid to existing employees that had a track record with the company and
Were relocating at the company's request ,
Not because of the employees choice .
Existing employees who chose to relocate on their own ,
Paid their own relocation .

Paying for a new employee might be done for a high dollar employee like a renowned nuclear scientist or something .

Never heard of a 3 month trainee being considered that valuable .

>

2007-09-25 05:43:16 · answer #3 · answered by kate 7 · 2 0

everyone seems to have a good idea.
Life sucks doesn't it?

2007-09-25 13:07:12 · answer #4 · answered by Anonymous · 0 0

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