About 8 mo ago, I changed from the mortg industry to P&C industry. I started with an indpnt as a producer (in KS). 100% comm selling per & some small biz. I had very little support or training & struggled to make any $. I do love it & want to make it work. Got an offer from another indpnt who will train/mentor & comp is: YR1: 45k base + 100% comm; YR2: 45k base +50% comm & 25% renewal; YR3 &4: No base, 40% comm & 25% renewal; YR5, 35% comm & 25% renewal. Thoughts on this comp plan?

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Correction on offered comp plan: YR1: 30k base + 100% of carrier comm; YR2: 30k base +50% of carrier comm & 25% on renewal; YR3 &4: No base, 40% of carrier comm & 25% on renewal; YR5, 35% of comm & 25% renewal. Thoughts on this comp plan?

Don’t do it. Year 3 4 and 5 you’ll be losing money.

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