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Old 2006-10-09
C9Kid C9Kid is offline
Title: Senior Member
Rank: Failing Enterprise Management Trainee (100-199 Posts)
 
Join Date: 2006-01-27
Location: Halifax, NS
Posts: 157
C9Kid has an average reputation (10+)
Default Re: How Much $ Do The Big Guys Make?

Quote:
Originally Posted by Unregistered View Post
C9kid...good for you for enjoying your job. That's really what it's all about. Getting into a position you enjoy and running with it. Sure, ERAC isn't for everyone. I'm glad to see there ARE people who enjoy it.

You mentioned how their pay is based off a whole city, etc. Trust me, the more income that's out there, the smaller your actual comm % is. I was a BM and made a decent percentage. When I moved up to ARM, my area generated plenty of income but my percentage was SIGNIFICANTLY SMALLER. The pay increase from BM to ARM was TINY. Didn't make me feel like I was actually successful.
Fair enough, I envisioned my ARM making about 80-90k on average...my BM makes about 40-45k/year depending on flip, which in the maritimes SUCKS right now. (some branches last year made 300+ on flip only to see it go down to like 50 this month) I can't wait until I made commission, though, then the whole "agency theory" problem will go away ;)
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