Quote:
Originally Posted by ConflictedMike
Hi all, would like some advice! I am currently a Relationship Manager with local bank at priority segment. Have been in bank sales for 3.5yrs. Currently looking to switch to non-sales role and considering compliance. Because I don’t have prior compliance experience, is it a must for me to take paycut? I am currently drawing basic 4.5k (excluding commissions).
Just got an offer for compliance role at insurance company, however they offered me 3.9k basic. Benefits like annual leave is much lesser than what I get in the bank.
Do you think it is worthwhile to make the switch?
I definitely don’t want to continue doing sales however I have reservations because of the paycut.
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How much is your commission? You can calculate your annual income for comparison. I think the pay cut is quite huge considering more than $600 per month considering commission.
Is there a specific reason why the switch? If the reason outweighs the monetary loss then you can consider.