Would you accept this job offer???
#16
South Yarra Sheila






Thread Starter
Joined: Apr 2007
Posts: 1,078












That was not a difficult thing to guess. Commercial?
Wife used to be a big wig with the RE company before coming here. Local branch was interested but it would mean a hectic life so she decided to take it easy and sell holidays. A good saleswoman can sell sand to beduins.
Moving abroad is a good chance to change things in life.
On the other hand if you have enough money to last until he starts earning decent commisions it might be not such a bad idea. Remember that you can deduct a lot of "normal" expenses from your taxable income (internet, phones ...).
Wife used to be a big wig with the RE company before coming here. Local branch was interested but it would mean a hectic life so she decided to take it easy and sell holidays. A good saleswoman can sell sand to beduins.
Moving abroad is a good chance to change things in life.
On the other hand if you have enough money to last until he starts earning decent commisions it might be not such a bad idea. Remember that you can deduct a lot of "normal" expenses from your taxable income (internet, phones ...).

#17










Joined: Oct 2007
Posts: 9,668


This sounds pretty good Jools. To be honest, I think if you can sell houses, you can sell anything. I would go for the least risk for now until you are more financially solvent. The housing market isn't going to pick up for another two to three years anyway, in my humble estimation, and by that time, you should both be in a better position as to whether to take such a risk.... and then making the money will be easier.
Good luck with it all. The no work on Sundays is something you'll both treasure, imo.

#18

No way Jose.
Why would anyone want to work for this kind of shite?
Why would anyone want to work for this kind of shite?

#22

I am being smart now sorry. To answer your question the job and terms on the table seem to be mad. Wouldnt touch with a barge pole
regards property, going on the international trend I cant see anything but a slowdown. Cant see how Australia can be any different then whats happening everywhere else.

#23








Joined: Jan 2006
Posts: 3,376


If you were offered a job with the following conditions would you take it?
1) No basic salary just a "retainer" of $50,000 per annum. If you dont make at least equal commission you have to pay them the difference back at the end of the year. BTW this job is in your usual profession and thats the way every company here does it!
2) They cant give any real idea of what you'll earn only that it probably "wont be much" in first year as you will be mentored but it "should" cover the retainer.
3) It is working for one of the top companies of its type in the area so potentially if you can stick the 1st year (where you are someone's pussy who doesn't earn much0 you may make some decent $$'s.
4) If, worst case scenario, you did have to pay them some money back you would have to sell your car/house/wedding ring to do so.
Yes or no....?
ta
1) No basic salary just a "retainer" of $50,000 per annum. If you dont make at least equal commission you have to pay them the difference back at the end of the year. BTW this job is in your usual profession and thats the way every company here does it!
2) They cant give any real idea of what you'll earn only that it probably "wont be much" in first year as you will be mentored but it "should" cover the retainer.
3) It is working for one of the top companies of its type in the area so potentially if you can stick the 1st year (where you are someone's pussy who doesn't earn much0 you may make some decent $$'s.
4) If, worst case scenario, you did have to pay them some money back you would have to sell your car/house/wedding ring to do so.
Yes or no....?
ta

Any company that makes that kind of offer is obviously not very confident in either it's product or it's hiring and recruitment abilities!!
It's not uncommon to see 'retainer & commission' type packages BUT being asked to make up the difference if you don't make your target is simply ludicrous!! Tell em to shove it!


#24
Forum Regular


Joined: Mar 2007
Location: Grimsby - born and bred
Posts: 61


No

#25

If you were offered a job with the following conditions would you take it?
1) No basic salary just a "retainer" of $50,000 per annum. If you dont make at least equal commission you have to pay them the difference back at the end of the year. BTW this job is in your usual profession and thats the way every company here does it!
2) They cant give any real idea of what you'll earn only that it probably "wont be much" in first year as you will be mentored but it "should" cover the retainer.
3) It is working for one of the top companies of its type in the area so potentially if you can stick the 1st year (where you are someone's pussy who doesn't earn much0 you may make some decent $$'s.
4) If, worst case scenario, you did have to pay them some money back you would have to sell your car/house/wedding ring to do so.
Yes or no....?
ta
1) No basic salary just a "retainer" of $50,000 per annum. If you dont make at least equal commission you have to pay them the difference back at the end of the year. BTW this job is in your usual profession and thats the way every company here does it!
2) They cant give any real idea of what you'll earn only that it probably "wont be much" in first year as you will be mentored but it "should" cover the retainer.
3) It is working for one of the top companies of its type in the area so potentially if you can stick the 1st year (where you are someone's pussy who doesn't earn much0 you may make some decent $$'s.
4) If, worst case scenario, you did have to pay them some money back you would have to sell your car/house/wedding ring to do so.
Yes or no....?
ta

I take it the churn rate in the first year is quite high (probably more so in the first quarter).

#26

Blimey - and they can actually find people who would take those conditions?

#27
South Yarra Sheila






Thread Starter
Joined: Apr 2007
Posts: 1,078












Still to have to undergo 4 gruelling interviews over 2 weeks to be offered what is essentially self employment-something doesn't smell right to me...

#28


This offer of 50% them/ 50% you is actually quite common over here in sales type jobs. They even do this in some Recruitment firms. The idea being you will make a killing in "sales" i.e recruting staff for companies so there is the potential to earn lots of money

Most companies don't pay retainers so at least the company you were offered the role with were prepared to keep money coming in [even if you need to pay it back

Personally I think it's an employers way of copping out of any responsibility. In effect you become self employed so they don't pay sick pay or holiday pay or even superannuation. In essence they get people working for them, extracting 50% for their effort and have no liability except sometimes providing business cards [that tie staff in and brand on their behalf] and phonecalls and if you're lucky, some support staff. A con and a cop out of employer responsibility. And it's perfectly legal.
Australia.
Great place to live, shite place to work

PS. That's my new strapline, would you like to pay me 50% for it

