Length of Service

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Feb 14, 2006 1:38 am

How do firms usually calculate your "length of service"?


If a rep was hired in Mar 2003 e.g. what is their current length of service?


Is 2006 considered year 4 of production?   Year 3?  other?


In addition, what is considered decent annual production during the first five years of service in a bank program?


thanks in advance.


scrim

Feb 14, 2006 8:03 am

I've been told to increase by 125K a year by a friend doing 1 mil +, I use this as my personal goal

Feb 14, 2006 8:06 pm

that seems a bit stiff if you ask me.

Feb 14, 2006 9:51 pm

I will admit it is aggressive in the first 3 years.

Feb 15, 2006 8:11 am

If you're growing your biz 20-30%/yr you're doing good.

Feb 15, 2006 8:34 am
ezmoney:

If you're growing your biz 20-30%/yr you're doing good.





...said the guy from his little desk in the lobby of the bank.....

Feb 15, 2006 8:39 am

Actually I have my own office. Hey I'd rather be indy, but this is where I am in my career today, not tomorrow.

Feb 15, 2006 9:06 am
ezmoney:

Actually I have my own office. Hey I'd rather be indy, but this is where I am in my career today, not tomorrow.



just ribbin ya bro!  sorry but I couldn't resist.....


hey ya gotta do what ya gotta do to build up that book!