The AIG company involved and ALL of their insurance companies have been posting profits even as the parent & financial side of the business has tanked. This agency meeting was nothing that any other insurance company does to encourage agents to give them good business, particulary when the company is making money. I see no problem with an insurance company offering incentives for business. The cost of the junket is built into the cost of product. It seems to me that most of you whining about the trip are those of you who are jealous that your position does not enable you to attend these, i.e. claims guy, CSR etc. I have never attended one either, but I am not going to whine about.
When sales people don’t sell, they don’t get paid. Support staff get a salary or hourly rate. I’ve done both in my lifetime. Salary/ hourly compensation is safe, secure and therefore less lucrative in the long run. Salesmen are paid based on what have you done for me lately. If the answer is not much, that’s what you’ll be paid. Most people can’t handle the uncertainty.
Insurance sales people that don’t sell the best product and don’t provide the best service don’t last long.
Any for profit business that claims to always sell the best product available at the cheapest price that they can possibly survive on is blowing smoke.
Enough whining already. This is a business just like any other. If a bank or insurance company fails, then they fail. That’s capitalism. No bailouts needed. Someone will be there to take their places.
Soild education, but no common sense being exercised here. The CEO states the plans were made before the Fed loan them the money. Further, no HO exec attended and only 10 employee representing the company attended. the business called the house which is run my many citizens sees this entire matter an a hugh lack of common sense. At The House – if vacation plans are made to Hawaii and the extended family is invited, then before the trip date mom and/or dad loses their job, and the bills can’t be paid, then the vacation is canceled regardless of who’s invited. Why? Simple, the money is needed in a more critical area. Son, daugther will chip with their allowance,credit cards go into the drawer, etc. Common sense. I am sure the brokers would have understood canceling the event given the circumstances or are they AIG.
I was watching the debate on Tuesday and Obama brought this up as an issue. If he is going to attack people and companies without any investigation, we don’t need him running the country.
“It seems to me that most of you whining about the trip are those of you who are jealous that your position does not enable you to attend these, i.e. claims guy, CSR etc.”
Wrong as far as I am concerned. I am a producer and I never liked what AIG had to sell or the prices it sold it at.
I have turned down these trips in the past when I had won them as I can think of nothing I like LESS than hanging around with insurance people. My motivation is helping the client and getting my fair share.
“I was watching the debate on Tuesday and Obama brought this up as an issue. If he is going to attack people and companies without any investigation, we don’t need him running the country.”
Kinda like the investigating McCain?Pale-in did when they attacked Obama for palin’ around with terrorists?” Look closely at who is attacking here.
Is this off limits as an issue then? Cannot even bring it up?
Lets stop all compensation above a set hourly wage. No more Starbucks or car wash tiping. No more restaurent tiping, bonus or profit sharing. We should all be even with each other. It sounds like my kids sport programs, everybody gets a trophy becouse we don’t want to make someones kid feel bad becouse they did poorly or did not put in the extra effort to get better.Take the risk of no pay check for a commison and perks. Worker bee’s unite!
Lets stop all compensation above a set hourly wage. No more Starbucks or car wash tiping. No more restaurent tiping, bonus or profit sharing. We should all be even with each other. It sounds like my kids sport programs, everybody gets a trophy becouse we don’t want to make someones kid feel bad becouse they did poorly or did not put in the extra effort to get better.Take the risk of no pay check for a commison and perks. Worker bee’s unite!
For an insurance mag and board designed for the insurance industry, there are never any informed people commenting here. Sure your pissed…but know your topic and business before you start making silly comments
Pres. Barrack Hussein Obama will make everyone equal. No more problems, no more trips. The man has a lot of knowledge about what got us into this mess. He likely feels guilty already about how much he benefited from this mess financially. We can trust he will now do the right thing to vindicate himself.
Can’t we?
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The AIG company involved and ALL of their insurance companies have been posting profits even as the parent & financial side of the business has tanked. This agency meeting was nothing that any other insurance company does to encourage agents to give them good business, particulary when the company is making money. I see no problem with an insurance company offering incentives for business. The cost of the junket is built into the cost of product. It seems to me that most of you whining about the trip are those of you who are jealous that your position does not enable you to attend these, i.e. claims guy, CSR etc. I have never attended one either, but I am not going to whine about.
When sales people don’t sell, they don’t get paid. Support staff get a salary or hourly rate. I’ve done both in my lifetime. Salary/ hourly compensation is safe, secure and therefore less lucrative in the long run. Salesmen are paid based on what have you done for me lately. If the answer is not much, that’s what you’ll be paid. Most people can’t handle the uncertainty.
Insurance sales people that don’t sell the best product and don’t provide the best service don’t last long.
Any for profit business that claims to always sell the best product available at the cheapest price that they can possibly survive on is blowing smoke.
Enough whining already. This is a business just like any other. If a bank or insurance company fails, then they fail. That’s capitalism. No bailouts needed. Someone will be there to take their places.
Soild education, but no common sense being exercised here. The CEO states the plans were made before the Fed loan them the money. Further, no HO exec attended and only 10 employee representing the company attended. the business called the house which is run my many citizens sees this entire matter an a hugh lack of common sense. At The House – if vacation plans are made to Hawaii and the extended family is invited, then before the trip date mom and/or dad loses their job, and the bills can’t be paid, then the vacation is canceled regardless of who’s invited. Why? Simple, the money is needed in a more critical area. Son, daugther will chip with their allowance,credit cards go into the drawer, etc. Common sense. I am sure the brokers would have understood canceling the event given the circumstances or are they AIG.
I was watching the debate on Tuesday and Obama brought this up as an issue. If he is going to attack people and companies without any investigation, we don’t need him running the country.
“It seems to me that most of you whining about the trip are those of you who are jealous that your position does not enable you to attend these, i.e. claims guy, CSR etc.”
Wrong as far as I am concerned. I am a producer and I never liked what AIG had to sell or the prices it sold it at.
I have turned down these trips in the past when I had won them as I can think of nothing I like LESS than hanging around with insurance people. My motivation is helping the client and getting my fair share.
“I was watching the debate on Tuesday and Obama brought this up as an issue. If he is going to attack people and companies without any investigation, we don’t need him running the country.”
Kinda like the investigating McCain?Pale-in did when they attacked Obama for palin’ around with terrorists?” Look closely at who is attacking here.
Is this off limits as an issue then? Cannot even bring it up?
Riiiiight….
Lets stop all compensation above a set hourly wage. No more Starbucks or car wash tiping. No more restaurent tiping, bonus or profit sharing. We should all be even with each other. It sounds like my kids sport programs, everybody gets a trophy becouse we don’t want to make someones kid feel bad becouse they did poorly or did not put in the extra effort to get better.Take the risk of no pay check for a commison and perks. Worker bee’s unite!
Lets stop all compensation above a set hourly wage. No more Starbucks or car wash tiping. No more restaurent tiping, bonus or profit sharing. We should all be even with each other. It sounds like my kids sport programs, everybody gets a trophy becouse we don’t want to make someones kid feel bad becouse they did poorly or did not put in the extra effort to get better.Take the risk of no pay check for a commison and perks. Worker bee’s unite!
For an insurance mag and board designed for the insurance industry, there are never any informed people commenting here. Sure your pissed…but know your topic and business before you start making silly comments
Pres. Barrack Hussein Obama will make everyone equal. No more problems, no more trips. The man has a lot of knowledge about what got us into this mess. He likely feels guilty already about how much he benefited from this mess financially. We can trust he will now do the right thing to vindicate himself.
Can’t we?