Length of Service

Feb 14, 2006 6:38 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 1:03 pm

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

Feb 15, 2006 1:06 am

that seems a bit stiff if you ask me.

Feb 15, 2006 2:51 am

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

Feb 15, 2006 1:11 pm

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

Feb 15, 2006 1:34 pm

[quote=ezmoney]

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

[/quote]

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

Feb 15, 2006 1:39 pm

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 2:06 pm

[quote=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.[/quote]

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

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

scrim67