Frag Waffles
Member
I work at an independent insurance agency. I do service and sales. Entry level position. Been doing it for about 6 months and it's a pretty good job so far, but I am starting to see the ugly side of my employer.
Our entire agency is introducing a new bonus system that is essentially "meet this sales goal, then anything after that is a bonus." It's basically a super high sales target with the prospect of making more money overall, but really it's designed to cut the costs on our bonuses where we used to earn a bonus on everything sold, period. Long story short, I will most likely be making about $1,000-$2,000 less in bonuses per year because of new difficult bonus goals. I am (we are) expected to now sell more for less. Sucks.
I just finished having a conversation with my co-worker who is our office manager with 25 years of industry experience. He is fantastic at his job. He is receiving a $10,000 pay cut for the year. I'll say that again a $10,000 yearly salary pay cut which would be $5,000 less than he made a decade ago. Wow. He thinks that he is being phased out for someone who will be paid less. He told me that he needs to find a new job to keep making his current bills. He has been at the agency for a little over a year. Made me super sad to hear.
Its just scummy and goes to show that some employers really couldn't give a care about their employees. Im not sure that it's even necessary, we have a big book of business here that we all are working hard to service and grow. it's just seems petty to me.
It deflates the drive to do great at my job that I should be feeling. I will continue to work hard, and do my part but, man, it just gets me thinking.
Our entire agency is introducing a new bonus system that is essentially "meet this sales goal, then anything after that is a bonus." It's basically a super high sales target with the prospect of making more money overall, but really it's designed to cut the costs on our bonuses where we used to earn a bonus on everything sold, period. Long story short, I will most likely be making about $1,000-$2,000 less in bonuses per year because of new difficult bonus goals. I am (we are) expected to now sell more for less. Sucks.
I just finished having a conversation with my co-worker who is our office manager with 25 years of industry experience. He is fantastic at his job. He is receiving a $10,000 pay cut for the year. I'll say that again a $10,000 yearly salary pay cut which would be $5,000 less than he made a decade ago. Wow. He thinks that he is being phased out for someone who will be paid less. He told me that he needs to find a new job to keep making his current bills. He has been at the agency for a little over a year. Made me super sad to hear.
Its just scummy and goes to show that some employers really couldn't give a care about their employees. Im not sure that it's even necessary, we have a big book of business here that we all are working hard to service and grow. it's just seems petty to me.
It deflates the drive to do great at my job that I should be feeling. I will continue to work hard, and do my part but, man, it just gets me thinking.