When hiring an associate or junior advisor, does anyone have any input as to how to structure pay to be competitive but not so much of a salary that they’re not hungry?

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We always pay a salary for 4 years so they can build a book they are proud of without worrying about how to feed the family

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You give them a draw instead of a salary equal to an average salary for your area with a guaranteed minimum payout on revenue, so he doesn’t get paid anything until he exceeds the draw but once he exceeds it he really starts to see his paycheck go up. Example, you give him a $5k a month draw with a 50% payout. If he does $20k in revenue, well that’s $10k then, so he’d get the $5k in excess of his draw at that point. If he does $10k or less than he’ll get only his draw. This is the way bank programs do it and it makes the most sense for what you said, enough to pay the bills but hungry because you can make more.

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Hi All,

I need some information and your feedback suggestions,
I have an offer with
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I want to know more about which one will be good for the future and for the long term.

Thanks in advance.

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Hi Fishes,

I Have cleared frist round and now I have hr round what package should I ask??


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1) How do I ACE this? Rinse and repeat on PS1/PS2 prep or do more?
2) What can I expect - It’s on Chime and not in person.
3) They’re asking for salary expectations & I found out via research that the recruiter quoted median TC but I’d like top TC (200). Do I need to explain why my expectations changed?
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Hi ,
I am having 5.5 years of experience in software testing.

My current CTC:7.26lpa
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Offered CTC:12LPA

Can I try for other opportunities or can I join on this company?

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Hi Fishes

I have a offer from wolters kluwer with 12fixed and 10% variable and 1Lpa JB and I got selected in Innova solutions as well and I came to know they have a good budget
I will be asking for 18LPA Fixed, if by chance I get it , will Wolters revise my offer letter as it being a product based company I am leaning towards them
Give some insights

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