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Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Salary vs Commission
ok I make a decent salary- but not for what I have to deal with
I have a oppertunity to work from home as a sales rep- the terrotiry already generates $45K with out trying- so in a year I could double that- which we would more then I make now- plus it's 1099- so I can wirte off everything under the sun
would you take the risk?
I am leaning towards yes- I just need to talk to my hubby and make sure he is ok with it
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Posted 4/14/06 10:46 AM  |
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QuoteTheRaven424
22 Months?!!!!
Member since 5/05 13659 total posts
Name:
And If That Isn't A True Blue Miracle
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Re: Salary vs Commission
IMO, nope
guaranteed money always outweighs the "unknown"
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| Posted 4/14/06 10:47 AM |
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LadyMaravilla
Fall Is Here
Member since 5/05 12023 total posts
Name:
Sonia
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Re: Salary vs Commission
Posted by CaptainCharisma424
IMO, nope
guaranteed money always outweighs the "unknown"
I would agree!
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| Posted 4/14/06 10:48 AM |
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Pumpkin
LIF Adult
Member since 5/05 3353 total posts
Name:
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Re: Salary vs Commission
I am thinking this would be a good area to explore. What dio you do? mortgages, or sales or some kind?
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| Posted 4/14/06 10:48 AM |
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Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Re: Salary vs Commission
but it's not just about the money- I would work for myself- from home
and the othe reps are all mothers with childern- unlike the all male, my wife stays home place I work now
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| Posted 4/14/06 10:49 AM |
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Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Re: Salary vs Commission
Posted by Pumpkin
I am thinking this would be a good area to explore. What dio you do? mortgages, or sales or some kind?
I work in the housewares industry- doing Product development- and I would be reping 6 lines of home products-
which if I move to florida in a few years would serve me better to work down there- vs the experince I have now which is very limited
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| Posted 4/14/06 10:51 AM |
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QuoteTheRaven424
22 Months?!!!!
Member since 5/05 13659 total posts
Name:
And If That Isn't A True Blue Miracle
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Re: Salary vs Commission
Posted by Beth1210
but it's not just about the money- I would work for myself- from home
and the othe reps are all mothers with childern- unlike the all male, my wife stays home place I work now
ok, that's fine then
but then my question would be
let's play devil's advocate and in a year, you make far less than anticipated, can you live on one salary (DH)
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| Posted 4/14/06 10:52 AM |
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Kelly04
LIF Adolescent
Member since 8/05 841 total posts
Name:
Kelly
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Re: Salary vs Commission
I think if its something that you are interested in and excited about you should go for it....but only if you know that if worst comes to worst and you only make the 45,000 that you and your DH could afford your bills.
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| Posted 4/14/06 10:54 AM |
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Pumpkin
LIF Adult
Member since 5/05 3353 total posts
Name:
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Re: Salary vs Commission
I think it sounds like something I would take the risk on as long as you can live off DH's salary and if my memory serves your DH has a business right?
I say if you can go for it. Explore all your options while you can
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| Posted 4/14/06 10:55 AM |
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Snozberry
I might steal your diamonds
Member since 2/06 4680 total posts
Name:
Melissa
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Re: Salary vs Commission
Hey, Beth
Before going into it, I'd personally do the following:
-Talk to other employees in the company about their experience and their salary, if they're willing to discuss.
-Figure out if DH and I could survive on his salary if my pay cut is drastic.
I know you've been wanting to leave your job for a while - if you think that the experience you'll gain is worth the risk and if you and DH decide that the pay cut won't affect being able to pay the bills, go for it.
Message edited 4/14/2006 10:57:17 AM.
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| Posted 4/14/06 10:57 AM |
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Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Re: Salary vs Commission
it's not that we can't live on his salary- he also makes comission- he has a branch office of a mortgage company
so we liked that I have a salary- but I am very unhappy with my current job and this would give us a better quality o life b/c my day would be more flexible
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| Posted 4/14/06 10:58 AM |
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QuoteTheRaven424
22 Months?!!!!
Member since 5/05 13659 total posts
Name:
And If That Isn't A True Blue Miracle
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Re: Salary vs Commission
Posted by Beth1210
it's not that we can't live on his salary- he also makes comission- he has a branch office of a mortgage company
so we liked that I have a salary- but I am very unhappy with my current job and this would give us a better quality o life b/c my day would be more flexible
then i would say look for a new job
IMO, flexibility is nice, but one guaranteed salary is important, expecially in real estate
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| Posted 4/14/06 10:59 AM |
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CAJ
woulda, coulda, shoulda
Member since 12/05 3366 total posts
Name:
CJ
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Re: Salary vs Commission
2 incomes on commission I think is a big NO NO...IMO But you know best!
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| Posted 4/14/06 11:00 AM |
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Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Re: Salary vs Commission
Posted by Kelly04
I think if its something that you are interested in and excited about you should go for it....but only if you know that if worst comes to worst and you only make the 45,000 that you and your DH could afford your bills.
at worst it would be $45K with out taxes taken out- is actually more then I make now with taxes taken out
I need about $2K a month to pay my part of the bills- so that's $24K a year
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| Posted 4/14/06 11:00 AM |
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Diane
Hope is Contagious....catch it
Member since 5/05 30683 total posts
Name:
D
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Re: Salary vs Commission
Posted by CaptainCharisma424
IMO, nope
guaranteed money always outweighs the "unknown"
I agree too
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| Posted 4/14/06 11:01 AM |
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Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Re: Salary vs Commission
Posted by CAJ
2 incomes on commission I think is a big NO NO...IMO But you know best!
I agree- but since my accounts already generate money it's not like I have to go out and sell someone new
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| Posted 4/14/06 11:04 AM |
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QuoteTheRaven424
22 Months?!!!!
Member since 5/05 13659 total posts
Name:
And If That Isn't A True Blue Miracle
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Re: Salary vs Commission
sounds like you have made up your mind
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| Posted 4/14/06 11:06 AM |
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Marcie
Complete Happiness :)
Member since 5/05 27789 total posts
Name:
LOVE being a Mommy!
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Re: Salary vs Commission
Posted by Beth1210
Posted by CAJ
2 incomes on commission I think is a big NO NO...IMO But you know best!
I agree- but since my accounts already generate money it's not like I have to go out and sell someone new
But are you sure that they generate money every month out of the year. Or are you sure that you are guaranteed a commission every month?
For example. my DH works in Sales, he gets paid every week. If it is a slow month (lets say Feb/March - he is a wine salesman - that is one of their slow times), and he doesn't make a certain amount in sales - we have to pay back this money. Thank god - it hasn't happen, but we have gotten very small commission checks because of it.
Like other have said - make sure you can live on DH's salary - and talk to other employees that do what you are doing to see how it works with the money and getting the $45,000 - make sure that you are guaranteed the $45,000.
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| Posted 4/14/06 11:09 AM |
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Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Re: Salary vs Commission
I have alot to think about- she wants me to talk to all the other sales reps and my Husband before we go any further
this is going to be the first month in the last 2 months that my husband has brought home any decent money- so it's scary to think that we could both not bring home any money for 1 month
after reading all the comments- I am not so sure anymore
I think I need to think it over this weekend
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| Posted 4/14/06 11:13 AM |
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LadyMaravilla
Fall Is Here
Member since 5/05 12023 total posts
Name:
Sonia
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Re: Salary vs Commission
I think you guys have to sit down & make some numbers. Base the salary assuming that you make the least. Good luck
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| Posted 4/14/06 11:16 AM |
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paulandles912
My children are a blessing!
Member since 5/05 2598 total posts
Name:
Leslie
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Re: Salary vs Commission
What about health benefits? Would you be covered?
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| Posted 4/14/06 11:18 AM |
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Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Re: Salary vs Commission
Posted by paulandles912
What about health benefits? Would you be covered?
we would have to be covered under my husband- I would be an independent contractor
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| Posted 4/14/06 11:22 AM |
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lorich
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Member since 6/05 9987 total posts
Name:
Grammie says "Lora Gina"
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Re: Salary vs Commission
Posted by CaptainCharisma424
sounds like you have made up your mind
I agree. It really does sound like that.
Me personally...I did sales...I found it to be stressful. I had to leave for a stable career...meaning guaranteed income. Unfortunately I fell in love with a car salesman who is commissioned based.
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| Posted 4/14/06 11:23 AM |
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ODonnell
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Member since 9/05 5983 total posts
Name:
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Re: Salary vs Commission
Personally, no, I know I couldn't do sales. But, if you feel it suits your personality and schedule and if you are able to make do on the base salary until you build up your commission, then go for it.
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| Posted 4/14/06 11:26 AM |
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saraH
happy birthday sweet kate!
Member since 5/05 16555 total posts
Name:
I know that God exsists, I held her in my arms...
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Re: Salary vs Commission
i would never leave a guaranteed paycheck for an unknown. but thats just me
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| Posted 4/14/06 11:30 AM |
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