Is Jones changing its model?

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Oct 2, 2009 5:28 pm

Heard today from a Jones BOA that the model in large metro areas is going to be multiple reps in one office.


Can anyone confirm this rumor?
Oct 2, 2009 10:09 pm

Not quite. Supposedly Jones will have one centralized location where new FAs can work out of and that will be staffed with BOAs or BOA-trainees. Then, when he/she qualifies for their new office they can take one of the BOAs from the office with them. Details are few at this point becuase it does, on the surface, appear to conflict with Legacy arrangements.

Oct 2, 2009 11:21 pm

Don't know anything about this, but I think it makes sense in many

cases to drop the one broker office model.

Oct 3, 2009 9:24 am
Grosspayout:

Not quite. Supposedly Jones will have one centralized location where new FAs can work out of and that will be staffed with BOAs or BOA-trainees. Then, when he/she qualifies for their new office they can take one of the BOAs from the office with them. Details are few at this point becuase it does, on the surface, appear to conflict with Legacy arrangements.

 
very interesting ... it would be great to hear how that would work. You'd clearly need some sort of S24-qualified personnel to run the office, wouldn't you think?
Oct 3, 2009 9:25 am

Just like Gross said, but it does not conflict with Legacy arrangement, since they are doing it in metro areas with few existing offices, and a lot of potential for growth.

Oct 3, 2009 9:33 am
LockEDJ:
Grosspayout:

Not quite. Supposedly Jones will have one centralized location where new FAs can work out of and that will be staffed with BOAs or BOA-trainees. Then, when he/she qualifies for their new office they can take one of the BOAs from the office with them. Details are few at this point becuase it does, on the surface, appear to conflict with Legacy arrangements.



very interesting ... it would be great to hear how that would work. You'd clearly need some sort of S24-qualified personnel to run the office, wouldn't you think?





I doubt it, Field Supervision would still be responsible for the newbies I would assume.

Oct 3, 2009 9:47 am
Moraen:


I doubt it, Field Supervision would still be responsible for the newbies I would assume.

 
Mmmm. I dunno; I suppose it's possible.
 
But our region has as many as 12 FAs operating without an office at any given time. That's a lot of humanoids to be in one building without direct supervision, and supervision that isn't totally dedicated to the effort. And that doesn't even account for the BOAs.
 
FS still would account for the work ... but it sounds a lot like building out an infrastructure for training in the field. Maybe not an S24 being required ... but you get more than three trainees on somebody's shoulder and that's a full time job.
 
 
Oct 3, 2009 4:54 pm

One other detail. These offices where the new FAs can work out of can also be used for at least some meetings, training and, of course, phone sessions. I'd want to see how it actually works. Like which new FAs would you put in there? The ones who eventually work closest to this facility? Are you going to have new guys drive 90 minutes to this office and then 90 minutes back?

Oct 3, 2009 10:16 pm

Jones offices now are only one FA?    Where is manager or supervisors?

Oct 4, 2009 8:07 am
Shania Twain:

Jones offices now are only one FA?    Where is manager or supervisors?




St. Louis. They supervise in between shifts at Wal-Mart.

Oct 4, 2009 10:18 am
Moraen:
Shania Twain:

Jones offices now are only one FA?    Where is manager or supervisors?




St. Louis. They supervise in between shifts at Wal-Mart.





You know what is funny. As much as i do enjoy working for Jones, my Development Leader (Pre-PDP), used to tell me about working in the mall as well. lol They must get paid crap.

Oct 4, 2009 10:56 am
Moraen:
Shania Twain:

Jones offices now are only one FA?    Where is manager or supervisors?




St. Louis. They supervise in between shifts at Wal-Mart.




Oct 5, 2009 10:53 am
Ronnie Dobbs:
Moraen:
Shania Twain:

Jones offices now are only one FA?    Where is manager or supervisors?



St. Louis. They supervise in between shifts at Wal-Mart.



You know what is funny. As much as i do enjoy working for Jones, my Development Leader (Pre-PDP), used to tell me about working in the mall as well. lol They must get paid crap.

 
Unfortunately that is true.  Your DL probably made around $40K plus bonuses.  Jones HQ is not a place to work to get rich.  I know they've been making some adjustments, but the average home office employee isn't paid anywhere near what they should be.  When I left HQ years ago I wasn't making more than $35K.  So, your DL could very well have been picking up some shift on the weekends at the mall for some reason.   
Oct 5, 2009 10:56 am

As to the original question - Jones is thinking about starting some incubator offices like the one described for new FAs.  There would in essence be a HQ employee who manages the place and acts like a full time trainer.  Picture your ATL/DL working in the same building with you, checking on your progress, etc until you qualify for your own office. 

Oct 5, 2009 11:15 am
Spaceman Spiff:

As to the original question - Jones is thinking about starting some incubator offices like the one described for new FAs. There would in essence be a HQ employee who manages the place and acts like a full time trainer. Picture your ATL/DL working in the same building with you, checking on your progress, etc until you qualify for your own office.





That's actually a REALLY good idea.

Oct 5, 2009 11:42 am

That would be the best move they every made, no sense wasting offices on people who aren't going to make it and then have to fill the office over and over again.(15 reps have gone through my office since I left.. and there were 7 before me).



Oct 5, 2009 1:37 pm
Squash1:

That would be the best move they every made, no sense wasting offices on people who aren't going to make it and then have to fill the office over and over again.(15 reps have gone through my office since I left.. and there were 7 before me).







23 reps in one office? I'm not saying it couldn't happen, but the only one in our area even close to that was shut down after 10ish. But, they sure don't like to close a "location".

Oct 5, 2009 1:46 pm

Mine had 5 advisors in first 2 years.

Oct 5, 2009 2:38 pm

Correct me if I'm wrong but isn't a BOA a $14/hr secretarial position?  Is it the type of job or career someone would move to pursue?  Is it possible to be a failed BOA if you show up and don't steal anything?

Oct 5, 2009 2:41 pm

how many licensed individuals are permitted in ONE location before that location MUST be registered as a "branch"?