Saturday, June 20, 2009

Some Bank Sales Staff Earn Alot

I know of some colleagues, either from my sales team or from a different branch or sales channel or sales department, who earn alot.
And I am not referring to huge pay earning areas like private banking or wholesale or global banking, I am only talking about personal financial services and small medium enterprises bank sales people.
Their basic salary could range from anywhere between $1,800-$3,500 depending on factors like education and experience and years of service, but the key point to note is their commission payout. Once they achieve a good amount of sales for the month or the quarter, they could be getting like anything from $1,500-$5,000 worth of commission.
This is quite an attractive sum of money considering many of these bank sales staff are only aged in their mid or late 20s to their 30s.

2 comments:

curious said...

Eagle so as a manager you must be earning somewhere around 7k right?

The Eagle said...

Hard to tell you exactly how much because it varies really. Some months, you get your commission, some months you dont, that means only the basic. But there are people in my sales team who earn $7k once every 2 or 3 months, but that person is not me. Haha.