What would be a reasonable OTE bonus to expect to earn a year as a Mortgage Advisor just starting out?
Answers:
£10,000
as a percentage - between 20 and 40% of basic, but it depends on whether your leads are sourced for you or you have to produce your own
This would soley depend on how much business you were writing. All companies seem to offer different packages. If you are qualified authorised and signed off, work for yourself, its more profitable, you can join a network or go direct authorised. On average you should be earning an overall package of at least £40,000 and top of the tree £120,000. But if you work for yourself its limitless earnings. Good Luck
The salary/remuneration for a particular job is the market value for a particular profession and designation at the city/town where the office is located. Job postings at websites like Monster, Yahoo HotJobs and Careerbuilder carry information about salaries. The Govt Dept of Labor, (www.bls.gov) Bureau of statistics has information about median salaries for different professions and details of additional compensation offered. Other online resources are salary.com and payscale. Your salary will also depend on your educational qualification and how you handle your career.
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