From a reader.
Since its my first post here, congratulations for the interesting blog. One question none did.
I am about to start in an office, no salary in the start.(yes, it happens too, not always rosey). My future boss suggested that my bonus will be 10% on commissions from fixtures i deal. He said that this is the bonus percent in the market but i couldnt crosscheck it. Could you answer what is the basic bonus or how it is calculated in general, not for experienced pros that can negotiate it.
thanks in advance,
best wishes to your blog
February 21, 2010 11:22 AM
The Virtual Shipbroker said...
Be very careful. Your boss could be a crook. If you have no experience whatsoever then how will you do any deals? It could take you 2 years to put a deal together so how will you live?
If i was you I would negotiate a minimum wage. Dont expect any income for atelast 1 maybe 2 years!
If it is commission only - then 10 percent is terrible. Commission only should be 50 percent.
If you do not take the job - drop me a line with the name of the company involved please! Firms taking advantage of people will only give the industry a bad name!
- The Virtual Shipbroker
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