@aseret Said I had an interview at primerica last week. The things I did like about the
company is they train you. They seem like they want you to succeed in their company.
Even though I didn't like their interviewing techniques (everyone in one room) I didn't mind
it either at least you got some info. first before the next step. They didn't pressure me
into anything.
The things I didn't like about it.
They want me to pay $199 for licensures, which might be true I haven't looked into that,
but they could have told me that before I came to the interview.
They stated that serving just one family you would get a nice size commission which made
it seem like a scam. Also they never explained where this commission would come from
and how exactly it worked.
They claimed even working part time you'll have a sizable income, I wondered how;
working on commission you would really have to put in some work.
They don't advertise, they said they are mostly word of mouth. They probably save a
bundle on advertising costs. But it makes me think that they hire large amounts of people
who pay their own licensure cost, give them a commission so they don't have the cost of
giving them a paycheck (or benefits), all these employees are running around talking to
whoever they can about primerica in a good way so they can get them as a client. Even if
they only get one client they may have talked to many people about primerica who talk to
other people who may call primerica directly and I'm sure the big bosses are in the office
waiting for the calls and getting their clients and the commission without even leaving
their desk.
The thing that really made me walk away is there was not one
thing in writing not even one small scrap of paper, maybe just a business card. Not even a
mission statement in writting- Nothing.
I'm not saying Primerica is not a good company, but anyone with an education would be
cautious. Oh yeah, most the people in there had no business education, financial
background, they either had a high school education or they were trying to switch from
another field that wasn't business related. I have a little bit of a business background and
understood their product, but I know the way they were talking in circles that others didn't
really know, but they reeled them right in with very limited information.
What I didn't understand is where are all these incredible commissions coming from. The
amount that they suggest you'll get from one family is a unreal amount. So how much
does it really end up costing that middle class client.
Gee really, Primerica a scam. After 30 years of business, someone should have figured
them out by now. And for the world's largest financial company, Citigroup, to buy them in
1989, it must be a scam.