Jones Production

or Register to post new content in the forum

56 RepliesJump to last post

 

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Dec 5, 2008 6:45 pm

[quote=theironhorse]if a new rep is starting out with nothing, $500 in one month is a good chunk of coin.

  big difference between opening 2 roth's, 2 529's, a rollover, a couple term policies, AND walking out knowing you just got a little extra coin from the mother ship since your income is next to nothing!   it should be households, period.  it is not accounts.  when you are BRAND new there is a huge difference.  i realize to most of us it simply semantics, but when $500 can represent a 25% boost in your income in any 1 month, it is a valid criticism.  why can't they simply change the wording?  [/quote]

A:  You don't get coin from the mothership.  You get coin from me and every other partner/employee.
B:  I don't want my money wasted on people who either:
   1: Try to game the system.
   2:  Are too stupid to do a tiny bit of research on their career choice.
   3:  Will in any way, shape, or form be reliant on the definition of an "account" to 
        ensure financial survival in this business.

Next people are going to complain because Jones (or any other firm for that matter) did not explain that the market could go down.  "Well, they said it could go down.  Just not this much.  They also did not explain to me how mad people would be when they lost money.  They also did not explain if I took this job and I did not have enough savings and did not make enough commissions and my bills were large enough I could run out of money."

I am not angry.  I am not mad.  Christmas will be good.  I am tired.  Tired of cry babies.  Tired of people who take no personal responsibility (Good God!  You are a FA!)  Mostly I am tired of stupid.  
Dec 5, 2008 7:25 pm

your entire post is a pathetic attempt to switch the argument and focus the attention away from the fact that the info jones gives new ir’s is misleading, period.



Dec 5, 2008 7:27 pm

and i am tired of people coming on here asking “what is the best salary i can get as new fa?” try NONE. it is how most all people started. it is called performance, you will make plenty if you perform.

Dec 5, 2008 8:18 pm

[quote=theironhorse]your entire post is a pathetic attempt to switch the argument and focus the attention away from the fact that the info jones gives new ir’s is misleading, period.



[/quote]

You are an idiot.  This whole topic was switched from the original question before I commented.  It is why I commented in the first place.  The only thing pathetic is you.  To suggest that “Jones” or any company would mislead someone to take a job so that Jones could lose a shitload of money on that person is stupid.  You can’t be nearly as naive as your post suggests.  You do actually understand and believe in capitalism.  Don’t you?

Dec 5, 2008 10:36 pm

ytrewq,

Are there little voices in your head arguing with you?  I'm just tying to figure out where you're getting this crap.  Ironhorse is right, you are pathetic.
Dec 5, 2008 11:31 pm

I just got hired by EDJ, the new account bonus system was explained to me during the interview.  In fact, during the fact finding interview with an exp. FA they ask you to inquire about it.  This is common in about every comp. plan I’ve been part of or written as a sales manager. Every compensation / bonus plan on the planet has qualifiers to stop gaming.

Instead of worrying about tracking your accounts to get a silly $500 bonus you could have made 1-2 more contacts and actually built your business. Grow up and get to work ladies.

Dec 6, 2008 12:48 am
voltmoie:

I just got hired by EDJ, the new account bonus system was explained to me during the interview.  In fact, during the fact finding interview with an exp. FA they ask you to inquire about it.  This is common in about every comp. plan I’ve been part of or written as a sales manager. Every compensation / bonus plan on the planet has qualifiers to stop gaming.

Instead of worrying about tracking your accounts to get a silly $500 bonus you could have made 1-2 more contacts and actually built your business. Grow up and get to work ladies.

When you have ACTUALLY done it you can call people ladies..... You're a pledge!
Dec 6, 2008 1:15 am

Done what?  You are not arguing how to speak to a client, what to
offer, or how to produce… just a basic compensation issue. Would not comment on what I don’t know yet. However, I think
we all know some sales people in all fields spend as much time tracking
and complaining about their compensation as they actually spend trying
to earn it.



As someone who just went through the process I’d call myself an expert on this topic and you the “pledge”, now go get me a beer

Dec 6, 2008 2:51 am

[quote=now_indy]This is spiraling out of control.

  If Jones would change their propaganda to read "households" instead of "accounts," then this whole discussion would never have happened.  Is that so hard?  Yes, you can ask questions. Yes, you can have people clarify. But when you can change ONE WORD, which would alleviate all of that, why don't you?[/quote]  

The consensuses on the new account bonuses from the experienced FAs that I've heard from on this forum paint a fairly grim picture as far as feasibility. If it's so hard to obtain why should this debate over semantics and interpretation even matter? I set myself to a higher standard than most and am pretty confident to at least achieve the minimum $500 bonus but I'm just trying to make a point. I've heard a great deal of pissing and moaning topped with EDJ bashing in these threads and I think people need to suck it up and go put on their man-pants or find a new career. I spent a lot of time in the Middle East when I was in the military under the crappiest environments, shot at on a daily basis, eating & sleeping if I could, and had a job to do where not meeting expectations was unacceptable. I'm happy to have this opportunity and am not afraid to work my ass off and have doors slammed in my face but it seems as though some of my fellow FAs bitch WAY too much about frivolous crap. Let me hand you a box of tissues and I’ll pretend to listen to your grievances so can we now move on to a new conversation in regard to the OP’s question? Thanks in advance.<?: prefix = o ns = "urn:schemas-microsoft-com:office:office" />

Dec 6, 2008 4:51 am

thanks for the info/update volt. i am glad everything was spelled out to you. that is all i was asking for.



and my business is just fine, but thanks for worrying about me.

Dec 6, 2008 4:54 am

[quote=ytrewq]

[quote=theironhorse]your entire post is a pathetic attempt to switch the argument and focus the attention away from the fact that the info jones gives new ir’s is misleading, period.



[/quote]You are an idiot. This whole topic was switched from the original question before I commented. It is why I commented in the first place. The only thing pathetic is you. To suggest that “Jones” or any company would mislead someone to take a job so that Jones could lose a shitload of money on that person is stupid. You can’t be nearly as naive as your post suggests. You do actually understand and believe in capitalism. Don’t you? [/quote]





wow, you totally got me there. you uncovered the fact that i do not believe in capitalism. that completely sums up my position on the jones new account bonus.

Dec 6, 2008 6:43 am

[quote=now_indy]ytrewq,

Are there little voices in your head arguing with you?  I'm just tying to figure out where you're getting this crap.  Ironhorse is right, you are pathetic.[/quote]

Absolutely none of your post makes any sense.  If you would kindly point out what "crap" you are talking about I will tell you where I got it.
Voices in my head arguing?  Huh?  Explain please.
I called ironhorse pathetic.  He said I was making a pathetic attempt...

You are just babbling nonsensically.  You are now second on my list of idiots.
Dec 6, 2008 11:37 am

[quote=ytrewq] [quote=now_indy]ytrewq,

Are there little voices in your head arguing with you?  I'm just tying to figure out where you're getting this crap.  Ironhorse is right, you are pathetic.[/quote]

Absolutely none of your post makes any sense.  If you would kindly point out what "crap" you are talking about I will tell you where I got it.
Voices in my head arguing?  Huh?  Explain please.
I called ironhorse pathetic.  He said I was making a pathetic attempt...

You are just babbling nonsensically.  You are now second on my list of idiots.
[/quote]   No way, second!  I have just hired a counselor who can help me with my low self-esteem.   Re-read your posts, you are literally writing your own rebuttals. That's the crap (and the voices) I'm talking about.   When I originally posted, I said this: Jones should change the word "accounts" to the word "households" in their recruiting propaganda.   That's it, that's all I said. I said nothing about trying to game the system, I said nothing about whether it's too hard or not, or that I could or could not do it. I just wanted them to change a word, that's it!  I think it is a misleading statement (as do others on this board).   I am not a Jones hater. I think it's a great place to start out.  I do have problems with the firm (who doesn't). But, they gave me my start, and there are some very good people at Jones.  If I was hit by a bus tomorrow, I would have no problem with my wife taking our savings (and my life insurance proceeds) to my Jones mentor. He would probably stick her in American Funds and Hartford, but that's ok, I'm cool with that. He's a good guy who would have her best interest in mind, and that's what is important.   I am now done with this thread.  And ytrewq, you're still pathetic.
Dec 6, 2008 5:56 pm

The point is that Jones DOES overstate the first -third income. The all but guarantee the new account bonus and the milestone bonus if you do your 25 “real” contacts a day. I had worked on commission sales for more then 20 years so I had a lot of experience with comp plans. They out right promise you the 6k per year of new account bonus in your pay plan. The also know it is not tracked correctly and it is almost impossible to hit each, ever month…ask your dl at the head office they will admit these problems to you.

Dec 6, 2008 6:20 pm

Seems like everyone posting here could have built their business a bit more if we step out of the food fight in the online cafeteria.  Go download “Money On My Mind” by Lil Wayne.  There’s some motivation for ya.

Dec 6, 2008 6:23 pm

[quote=monopolybet]The point is that Jones DOES overstate the first -third income. The all but guarantee the new account bonus and the milestone bonus if you do your 25 “real” contacts a day. I had worked on commission sales for more then 20 years so I had a lot of experience with comp plans. They out right promise you the 6k per year of new account bonus in your pay plan. The also know it is not tracked correctly and it is almost impossible to hit each, ever month…ask your dl at the head office they will admit these problems to you.[/quote]

Thank you for proving my point!  Awesome!