I worked for Mid-West National Health and Life Insurance for 8 months. 4 months in San Diego, CA and 4 months in Upland, CA as it was my first opportunity after being out of the Navy and job searching for 3 months.
Unfortunately, all the "we support our troops" jargon is just that, jargon. So, in order to try to make some money, I paid to get a job. After approximately $865 (from my unemployment check) which was for classes, licensing, and a fee to the company, I was "hired" as a 1099 contractor by the company. Straight commission, based on advances. I made the top 100 (out of approximately 1500 nationwide) sales list at least 3 times while with the company. I wrote nothing but good business and am sure all the business I wrote is still on the books. I wrote at least $100,000 in yearly business (annualized volume)and was paid approximately $10,000 in advances which leaves the company a $90,000 net income.
In San Diego, the "provided leads" were "B leads" which means these were old contacts which had been in their database for up to 5 years, sometimes longer. Pretty much cold-calling and not making any money. In Upland, it was better seeing that internet leads were provided, which were much better. After seeing the success of the internet leads, I also purchased some on my own. After about 3 outstanding weeks I "blanked" 2 weeks, which means I didn't have a single dollar of income. I was working just as hard as any other day all 5 weeks. Then I realised that I would not be able to pay my bills and eat if this happened again. So I moved on.
HERE IS THE KICKER! I just received a letter stating that I owe the company $2032.16 based on their calculation of debits (commission advances) and credits (sales volume), remember-$90,000 company net income. Yes, I did sign a contract agreeing to this but who goes into a job expecting to fail, especially after being promised leads and the ability to make large amounts of cash after being in the job pool for 3 months. Go to monster.com and look at a "job posting". Just wanted to put it out there so that other jobseekers would have more realistic info about the possiblities and realities of working for this company.
alta loma, California