ED Magedson – Founder
JobNewsUSA.com GREED! Internet
JOBNEWSUSA.COM also under UNITED METRO MEDIA LLC
HQ's: Louisville, Kentucky
The company is telemarketing for advertising for employers that are seeking employees.
They hire the reps and tell them they have 30days to sell, if they don't they have to leave.
The reality is, not only do the reps have to dig for their own leads they must also put together an ad package to submit to the potential customer, then wait for the graphics dept. to get back to them with it to submit to the customer. This could take up to 1 week but if that person does not sign off on it, for reasons like vacation, out of office or just can't get ahold of them. The deal waits.
In the mean time with large ads with companies that may spend over 3,000 dollars for an employment ad that tend to take maybe 2 weeks sometimes longer for them to sign off on them, the rep that puts that deal together is out the door if it isn't signed in a 3 week period.
However, the contract in progress is still with JobnewsUSA.com and it gets taken by another rep who finishes it, getting the 10% that is paid to the rep.
This company is greed beyond GREED! They make money off of the reps that do sell within 3 weeks and the ones they kick out the door that put well paying ads in their pipeline for someone else to finish.
There is a high turnover in this company but they don't care because they are making it on both ends. And if a rep has 50k in the pipeline and doesn't get a sale in a 3 week period, they are out the door.
Lastly, the terrible thing is about this company is even if a rep has made 50K in a 3 or even 6mos period for them, if they don't make a sale in 3weeks, they're out the door!!!
They don't CARE!
This report was posted on Ripoff Report on 06/08/2013 09:49 AM and is a permanent record located here: http://www.ripoffreport.com/r/JobNewsUSAcom/internet/JobNewsUSAcom-GREED-Internet-1057491. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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