Shady employment structure - Agent New York Life Employee Review

The Managers are incentivized to bring in new agents because they make a lifetime percentage on the people that they recruit. The part-time process is stressful and you don’t get paid. They expect you to give them a list of 200 people that you know; whether it’s family or friends. You have to give them a list of those people and their names and numbers. They basically get a 200 name list from new recruits while not paying them and expecting them to make a sale within the first 3 months. The role I applied for was advertised as a finical planner position, but the only thing that I was incentivized to sell was life insurance. I would recommend this job to older people that know a lot of people who need financial help. I wouldn’t recommend this job to anyone who is younger and trying to get into financial advisement. They also require new recruits to make sales while they are considered not employed by the company, so when they inevitably “quit” it does not affect the employee turnover.