No it is not a pyramid scheme. He alleges that his hiring by bankers life was part of a pyramid scheme in which bankers life hires more agents than it needs in order to exact the fees it charges new agents,. It is a major insurance company's way of using new recruits to weed out potential customers so the managers and those above them make the money.
What Is a Pyramid Scheme? How Does It Work?
Is bankers life insurance a pyramid scheme?
Looking for a bankers life review from the perspective of an insurance agent?
Bankers provides award winning training, an elaborate product portfolio and a rapidly growing market. They leverage cutting edge technology: They leverage cutting edge technology: You will be cold calling all day or pushed to door knock, only to see your.
This employer has claimed their employer profile and is engaged in the glassdoor community. Contact and lead management, electronic. A pyramid scheme is an illegal business model that promises participants high returns through recruiting others to join the scheme, rather than by selling products or. Part of cno financial group.
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The managers and those above them make the money.
The company functions in a pyramid scheme, where they use the agents to make the money for them. Bankers provides award winning training, an elaborate product portfolio and a rapidly growing market. The branch manager is really nice and i liked him a lot, but promises made were not the reality, unfortunately, as delivered by the management. Are you doing your due diligence on whether or not a bankers life job is a good career choice in.
How does your company compare? The insurance company is using new recruits to weed out potential customers. They do a good job of teaching you those things. When i started at bankers life i was sold on the idea that i would be starting a career in a company that wanted to see me succeed and grow, in reality i found myself in a pyramid.
They do a good job of teaching you those things.
You learn a lot about life insurance and financial products. How does your company compare? You learn a lot about life insurance and financial products. Contact and lead management, electronic.
Contact and lead management, electronic. They leverage cutting edge technology:
