Re: New Employee Please research this site. While some of the postings are exaggerated and immature, the majority of the negative things that go on at ERAC are true. This company will brainwash you into believing you are the next RVP. Don't buy into the BS of all the growth and opportunity there is to move up. While, this was true in the 80s when all the big wigs got in, it is no longer true. ERAC is not opening up many new branches. In fact, they have closed a ton of locations. Ask abouyt what happened in Germany. Did they tell you will make more money with each promotion? Did they tell you you will be making 6 figures in 6 years with your virtual MBA? Promotions now are based on turn over, which usually happens at Level II and below or branch manager and below. Once you get to this position, you are chances of moving up are slim to none. Think back to the interviews when they were selling you "the dream" more than you were selling yourself. Any company that has to push the job to get people on board should be a red flag. Once you get above the MA level, you are straight salary with commission. You will also be putting in a ton more hours. Often times, the MTs make more money than their Assistants because they get overtime. Actually when you break down the hourly wage for assistant managers, many are lucky to gross $10/hr overall. If your branch has a bad month, the Assistants will make less money than the MTs. A promotion with more hours, stress, and less compensation. Hmm, let me think about that.... Also, you mentioned you can't wait to see those checks. You will never be shown an Area Manager check or any manager for that matter if they want to keep you. They will only tell you what they or others above them make but never prove it. This is way to keep you there, so you will keep working for peanuts hoping to one day make it big. When they do show you numbers, they are basing their salary on the best case scenario where they will make the best comission each and every month. It never happens. Read my other posts as well as the site. Don't get sucked in, or you will be back on here in a few years depressed, overweight, and angry that you wasted so much time there. Last edited by JGATZ; 2008-05-21 at 09:42. |