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Trainee Mortgage Advisor and Mortgage Manager???

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24

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  • Hmmm

    what about other benefits of the company - ie sick pay, pension ect. do you not get any bonus's at all?
  • MARVIN_2
    MARVIN_2 Posts: 36 Forumite
    Hmmm

    what about other benefits of the company - ie sick pay, pension ect. do you not get any bonus's at all?
    I do not think so,
    actually original position were advertised for 24-35K depends of experience.
    No other benefits or bonuses were mentioned in writing or verbal conversation at all. And I am not happy at all with such a long hours:eek:
  • dunstonh
    dunstonh Posts: 119,653 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    9 till 6 monday to sat and somestimes longer is heavy going for just 18k. However, as i said before, if you see it as a stepping stone to get experienced and learn the trade then its acceptable.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • Long hours?

    How many hours is that in week that you get paid for? - maybe the firm needs you for them hours - unless you go work for bank , lender or estate agents

    I work in bank. - Get paid for 35 hours a week(no lunches paid), plus bonuses, shares ect

    so if I went for another job I'd quote my hourly rather than my annual basic, as most are 37.5 hours plus
  • david69_2
    david69_2 Posts: 580 Forumite
    Slighty off topic but I've thought about selling mortgages in the past no real sales experience but interested in finance ,could i study at home and then look for work after passing exams?
  • MARVIN_2
    MARVIN_2 Posts: 36 Forumite
    Long hours?

    How many hours is that in week that you get paid for? - maybe the form needs yopu for them hours - unless you go work for bank , lender or estate agents

    I work in bank. - Get paid for 35 hours a week(no lunches paid), plus bonuses, shares ect

    so if I went for another job I'd quote my hourly rather than my annual basic, as most are 37.5 hours plus
    6*9=54 hours
    54-6(lanch)=48 hours
    18k gross = 13.5 Net
    So it is around 5.2-5.5 pounds an hour net:mad:
    What kind of money shall I request as trainee advisor?
  • I suppose initially you have to put more graft in

    ie working saturdays
  • MARVIN_2
    MARVIN_2 Posts: 36 Forumite
    I suppose initially you have to put more graft in

    ie working saturdays
    I think I should give up this job because Sturdays were mentioned only as a metter of urgency, but as you see fom the letter they decided to include them into original offer.
    Hopefully will pass my CeMAP3 soon and start looking again!!!:j

    Thank you for your help.
  • Hey its your decision - we don't know anything about them or the role
  • dunstonh
    dunstonh Posts: 119,653 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    When starting out, beggars cannot be choosers.

    You have no track record and not qualified enough. You are also not competent status but trainee. So all the companies that could pay you more are not going to until you are qualified, competent and have a track record.

    Sometimes you have to take that step backwards to go two forward.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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