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In hand salary?? plz help

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When will this be over?
I have interview scheduled and completed from Commonwealth Bank Bangalore location. All technical rounds cleared.
When I called HR i got a surprise answer..
They mentioned the position which I have intervied is different than the salary rem ranges. And my current salary is higher than position what they have got and asked for approval for rem ranges changes..
Is any one faced this? Ideally HR should know expectation and allocation before scheduling intervjew..
I am bit confused with commonwealt
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Are you sourcing the clients yourself or are they provided by the company?
When companies provide the clients and leads, they will pay much less than companies where you self source the business. There are companies that do a hybrid style as well. How much do you want to be making?
Most of those are straight commission no?
Nope - I get no share of additional revenue or any commission. If firm does well, we get bigger bonus at end of year.
I would just look at what your production number is and figure out what grid level you would be at if you were are a big bank. If you're within that range including bonus then idk if is complain much.
If the firm allocates clients to you and they provide good support (paperwork processing, tax planning, financial projection, and investment management, etc.) you are doing well if you are roughly at 35% of the ongoing revenues you are responsible for. The 35% includes salary, bonus, benefits….. basically all in.
I agree with this, 25-30% of the total revenue our advisors are responsible for (clients they manage) is about our target total comp even if we pay them W2 salary and bonus.