Quote:
Originally Posted by Unregistered
in that case, whatever they have opened with you in the previous bank get 'wasted' right?
i heard there is a 'hire and fire' policy in place and the target is very high, causing the high turnover rate. will the target increase every month?
seems to me an insurance agent is doing the same job scope too, except that they have no target and able to earn much more. any exact differences?
appreciate your input, have you worked in both positions before?
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Insurance agent has no basic salary, no benefits. Personal bankers have basic salary, bank benefits like annual leave, medical coverage etc. Insurance agents sell insurance and unit trusts / endowment plans ILP etc. Personal bankers sell unit trusts, some have tie up with some insurance companies and also credit cards, term loans, mortgage loans and whatever loans the bank has.