Submitted by [deleted] t3_z8jefn in personalfinance
MysteriousAndSleek t1_iybzqmd wrote
Reply to comment by Fit_Agency3213 in Need Help Reviewing Job Offer by [deleted]
I spoke with my manager about it, he said he is accepting of whatever I think is best for my life.
He also said that if I ever wanted to come back at anytime, he would take me with open arms, especially since I would have really good training by an industry leading company and my NMLS License.
The only problem with that is, on the signed offer, there was a clause that said in case of termination or resignation, I must pay back all licensing fees that are paid for by the new company. From my understanding that could range from $2,000 to $10,000.
EDIT:
Also, the new company being the biggest name in the industry, I would assume the leads are very good.
As I said in my reply to another Redditor, my recruiter said that after training, the average salesman makes $80,000 their first year, with top producers making well over $150,000. A relative of mine has $172,000 YTD working the same role in the same company, but more tenured.
The relative tells me that they are pretty grueling, and that sometimes they feel like all they do is work and sleep.
The new company also requires you to work every other Saturday and one Sunday a month. This is after getting licensed and finishing training.
Fit_Agency3213 t1_iyc0d4a wrote
Sorry, I meant you should meet with the person who would be managing you in your new role, although I am glad to hear your old manager is supportive.
MysteriousAndSleek t1_iyc0uzg wrote
Unfortunately that’s not something the new company would be willing to do.
Fit_Agency3213 t1_iyepmu1 wrote
That’s not surprising, but it is a little disappointing. It sounds like you have a good handle on the new companies compensation and culture. The big question for me would be, is the potential increase in pay worth the time commitment and performance push?
MysteriousAndSleek t1_iyequou wrote
Hey!
I’m not sure why the post got deleted. But to answer your question. I’m not sure.
My family immigrated to the US and are not very well off. This job, if I do excel, would set me up for success and a comfortable life. However, I’m a very laid back person who hates being micromanaged and pushed. Starting my current job made me lose many of my friends, as an 18 year old I went straight into this position without going to college just yet. I wanted to have enough money to be able to pay all, if not most, of my college tuition out of pocket. I did not want to take out a loan and end up finally paying it off at 40 years old. Starting the job made me lose all my friends, right now I only have my best friend, and my girlfriend. Family too of course.
My girlfriend expressed to me that this new position would take up a lot of my time, and she feels that I won’t have enough time for her anymore. Which is true, a lot of people that I know who work for this company in this role end up losing their relationships and social life’s because it’s so time consuming. Overtime is basically mandatory. 2 Saturday’s a month and 1 Sunday a month. 8-12 hour days. I do fear that I’ll lose my relationship which would leave me with basically no one.
But I want to be financially successful.
Is it worth it for my mental health and social life? I’m not sure.
Do I like the money? Yes.
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