ML Payout Plan Announced

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Dec 18, 2008 12:10 pm

Burton originally posted this on the billionth page of another topic, so without his permission I am re-posting his entry into a new topic.

Dec 18, 2008 2:44 pm

Broker or Banker? Good job ML, that's the way you take the bull by its horns....

Dec 18, 2008 2:55 pm

I'm a recruiter and regularly monitor this site too. Decent business intelligence at times. What I think is pathetic are the few numbnut recruiters who post here hoping to drag the unsuspecting out.  Get on the phone and grind it out you pukes. Earn some trust, build a rep, get your name and firm recognized for quality work and guidance. You make the experienced vultures like me look bad!   What's next, posts by "Studrecruiter" or Superturborecruiter" or maybe "TopGunrecruiter".. I could go on.  Anyone want my handle? It's for sale to the next douchebag that decides to openly use this sight for recruiting! $1.00

Dec 18, 2008 3:48 pm
BrokerVulture:

I'm a recruiter and regularly monitor this site too. Decent business intelligence at times. What I think is pathetic are the few numbnut recruiters who post here hoping to drag the unsuspecting out.  Get on the phone and grind it out you pukes. Earn some trust, build a rep, get your name and firm recognized for quality work and guidance. You make the experienced vultures like me look bad!   What's next, posts by "Studrecruiter" or Superturborecruiter" or maybe "TopGunrecruiter".. I could go on.  Anyone want my handle? It's for sale to the next douchebag that decides to openly use this sight for recruiting! $1.00



What a tool.

Dec 18, 2008 4:00 pm
SuperRecruiter:
BrokerVulture:

I'm a recruiter and regularly monitor this site too. Decent business intelligence at times. What I think is pathetic are the few numbnut recruiters who post here hoping to drag the unsuspecting out.  Get on the phone and grind it out you pukes. Earn some trust, build a rep, get your name and firm recognized for quality work and guidance. You make the experienced vultures like me look bad!   What's next, posts by "Studrecruiter" or Superturborecruiter" or maybe "TopGunrecruiter".. I could go on.  Anyone want my handle? It's for sale to the next douchebag that decides to openly use this sight for recruiting! $1.00



What a tool.

 
Listen up tool vulture... just because you are having a tough time grinding it out... don't be mad.. My pipeline is full right now and we have represented top end brokers for the top firms for the last 11 years...so while you're sitting in your garage/office cold calling don't get mad at a few highly experienced recruiters who have been around this business for over 25 years.  Just because times are tough "grinding it out" doesn't mean you need to spew your problems out on this board.  Tell it to people that care.
Dec 18, 2008 4:31 pm

Recruiters soliciting on this board are (in my opinion) the equivalent of an attorney following an ambulance to the ER after an auto accident.

Dec 18, 2008 4:35 pm

Brokers are exploring all options.  We are simply here to help them get the best deal.

Dec 18, 2008 4:46 pm
Incredible Hulk:

Recruiters soliciting on this board are (in my opinion) the equivalent of an attorney following an ambulance to the ER after an auto accident.



Show me where I did any soliciting on the boards? I am an active member of the Registered Rep Forums who happens to be a recruiter. Why are you so hostile towards recruiters, anyway?

Dec 18, 2008 4:56 pm

$0-199,000 will receive 36% of production.
  $200,000-299,000=37%
  $300,000-399,000=38%
  $400,000-599,000=40%
  $600,000-799,000=41%
  $800,000-999,000=42%
  $1-1.49 million=43%
  $1.5-1.99 million=46%
  $2-2.99 million=47%
  $3-4.99 million=48%
  $5 million and more=50%

 
What was the grid before?
Dec 18, 2008 5:06 pm
etj4588:

$0-199,000 will receive 36% of production.
  $200,000-299,000=37%
  $300,000-399,000=38%
  $400,000-599,000=40%
  $600,000-799,000=41%
  $800,000-999,000=42%
  $1-1.49 million=43%
  $1.5-1.99 million=46%
  $2-2.99 million=47%
  $3-4.99 million=48%
  $5 million and more=50%

 
What was the grid before?



check out this link

http://www.onwallstreet.com/attachment-cache/iag/pdf/ows/payoutgrids/2008/merrill_lynch.pdf

Dec 18, 2008 5:11 pm
BROKER RECRUITER:
SuperRecruiter:
BrokerVulture:

I'm a recruiter and regularly monitor this site too. Decent business intelligence at times. What I think is pathetic are the few numbnut recruiters who post here hoping to drag the unsuspecting out.  Get on the phone and grind it out you pukes. Earn some trust, build a rep, get your name and firm recognized for quality work and guidance. You make the experienced vultures like me look bad!   What's next, posts by "Studrecruiter" or Superturborecruiter" or maybe "TopGunrecruiter".. I could go on.  Anyone want my handle? It's for sale to the next douchebag that decides to openly use this sight for recruiting! $1.00



What a tool.

 
Listen up tool vulture... just because you are having a tough time grinding it out... don't be mad.. My pipeline is full right now and we have represented top end brokers for the top firms for the last 11 years...so while you're sitting in your garage/office cold calling don't get mad at a few highly experienced recruiters who have been around this business for over 25 years.  Just because times are tough "grinding it out" doesn't mean you need to spew your problems out on this board.  Tell it to people that care.



This is hilarious....the bottom feeders are beating up on each other....

Dec 18, 2008 5:36 pm
HymanRoth:
BROKER RECRUITER:
SuperRecruiter:
BrokerVulture:

I'm a recruiter and regularly monitor this site too. Decent business intelligence at times. What I think is pathetic are the few numbnut recruiters who post here hoping to drag the unsuspecting out.  Get on the phone and grind it out you pukes. Earn some trust, build a rep, get your name and firm recognized for quality work and guidance. You make the experienced vultures like me look bad!   What's next, posts by "Studrecruiter" or Superturborecruiter" or maybe "TopGunrecruiter".. I could go on.  Anyone want my handle? It's for sale to the next douchebag that decides to openly use this sight for recruiting! $1.00



What a tool.

 
Listen up tool vulture... just because you are having a tough time grinding it out... don't be mad.. My pipeline is full right now and we have represented top end brokers for the top firms for the last 11 years...so while you're sitting in your garage/office cold calling don't get mad at a few highly experienced recruiters who have been around this business for over 25 years.  Just because times are tough "grinding it out" doesn't mean you need to spew your problems out on this board.  Tell it to people that care.



This is hilarious....the bottom feeders are beating up on each other....

 

Bottom feeders?  big statement coming from a guy who failed in the real-estate business??  And now because your production is poor you have to start attacking people to feel better.  I have read your posts time and time again and we are all sick of you complaining.  I will admit, we help a lot of brokers, but you might be a lost cause.<?: prefix = o ns = "urn:schemas-microsoft-com:office:office" />

Dec 18, 2008 5:52 pm

Ummm...Why can't we all just get along?


PS. Don't Taze Me Bro
Dec 18, 2008 6:26 pm

This is great entertainment!!  Can we focus back on the ML comp news now? 

Dec 18, 2008 6:31 pm

Back to business, can someone kust let us know what the grid looks like?

Dec 18, 2008 6:58 pm

Any updates?  C’mon Merrill guys take a deep breath and confirm or deny the article that was posted earlier today please....



 
 
Gracias
Dec 18, 2008 7:08 pm

Its for real

Dec 18, 2008 8:53 pm

Its better than the BAC grid...by far

Dec 18, 2008 8:55 pm
BROKER RECRUITER:
HymanRoth:
BROKER RECRUITER:
SuperRecruiter:
BrokerVulture:

I'm a recruiter and regularly monitor this site too. Decent business intelligence at times. What I think is pathetic are the few numbnut recruiters who post here hoping to drag the unsuspecting out.  Get on the phone and grind it out you pukes. Earn some trust, build a rep, get your name and firm recognized for quality work and guidance. You make the experienced vultures like me look bad!   What's next, posts by "Studrecruiter" or Superturborecruiter" or maybe "TopGunrecruiter".. I could go on.  Anyone want my handle? It's for sale to the next douchebag that decides to openly use this sight for recruiting! $1.00



What a tool.

 
Listen up tool vulture... just because you are having a tough time grinding it out... don't be mad.. My pipeline is full right now and we have represented top end brokers for the top firms for the last 11 years...so while you're sitting in your garage/office cold calling don't get mad at a few highly experienced recruiters who have been around this business for over 25 years.  Just because times are tough "grinding it out" doesn't mean you need to spew your problems out on this board.  Tell it to people that care.



This is hilarious....the bottom feeders are beating up on each other....

 

Bottom feeders?  big statement coming from a guy who failed in the real-estate business??  And now because your production is poor you have to start attacking people to feel better.  I have read your posts time and time again and we are all sick of you complaining.  I will admit, we help a lot of brokers, but you might be a lost cause.



My production is just fine, although of course all of us would like more.

I've never been in the real estate business.  Obviously you're confused.  Does that happen often?

Trust me, I don't need your "help".

So far you're the only one who is tired of "my complaining".....

Dec 18, 2008 9:00 pm

It's for real but missing some key parts.  It is a step up for those $750k/year with 7+ years and gradually gets better for those even higher up on the totem pole.  For those like me, who are LOS 2, it is not good.  My FOG (Focus on growth) has been cut to almost nothing.  My annuitized PC rate is cut dramatically.  It is a clear sign the ML only wants those with 5+ years experience and who have growing books.  For those like me who are starting out, this is a difficult time.  Without significant FOG bonuses, the next few years will be a challenge.

--WM