Thursday, August 28, 2008

Should I get commission? -

I recently received my insurance agent license from the State of Arkansas, shouldn't my boss pay me commission now for every policy I sell? If so, how much?? P.S. We sell burial insurance. Many people want their employees to be licensed, especially if they have contact with the public on specific matters. If you are in an administrative position, very few receive commissions. Even then, it is usually negotiated with a reduced salary. If you have your license and are making the sales, you should be receiving commissions on your sales, and all transactions for sales that you handle using your license. You may want to review the hiring agreement you had with your boss and how long you were to be on salary only, before you start receiving commissions. Some firms pay you a salary for the first year or two and no commissions even though you may have your license. I hope that helps! best of luck to you. You want commission INSTEAD of salary? I'm sure he'd be happy to switch you over. Not many jobs pay salary AND commission. You're not 'entitled' to commission. Sorry. It depends on the terms of the contract signed and sgreed upon between you and your boss. Was your name and agent number the only one put on the application? Go over your contract and if it is vague or you don't see the commission schedule then ask your boss right away, before it goes any further.

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