| How is New York Life as an employer? Do they give base salary with commission?

How is New York Life as an employer? Do they give base salary with commission?

gia asked:


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.

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Comments

One Response to “How is New York Life as an employer? Do they give base salary with commission?”

  1. extremenerd on June 10th, 2009 6:08 pm

    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!