My daughter has been offered above job to sell financial instruments at ( basically insurance ) HSBC , her job is to look for clients to sell insurance to them . But surprisingly , the job pays very lowly , much lower than OCBC ! As a degree holder from a reputable University , her pay is like being an audit intern , $2k which is a clerk's pay.
I am wondering if this job is long term as looking for new clientsw to buy insurance is very tough , we normally buy insurance from friends or relatives as an obligation to assist them but how many friends and relatives can we sell to? Especially most of them must have insurance already. I am afraid she will be exploited for a few months to get new clients and after she runs out of contacts , she will lose her job for being unable to produce results.
I hope some forumners here can advice me so that I can help my daughter decide as I smell a rat in this position which will benefit the bank more than the worker. A friend told me staff turnover is very high in this industry , can someone with experience please reply ? Thank you.
I am wondering if this job is long term as looking for new clientsw to buy insurance is very tough , we normally buy insurance from friends or relatives as an obligation to assist them but how many friends and relatives can we sell to? Especially most of them must have insurance already. I am afraid she will be exploited for a few months to get new clients and after she runs out of contacts , she will lose her job for being unable to produce results.
I hope some forumners here can advice me so that I can help my daughter decide as I smell a rat in this position which will benefit the bank more than the worker. A friend told me staff turnover is very high in this industry , can someone with experience please reply ? Thank you.