Graduating with a BS in Finance, I’ve been looking around for a job in the Finance sector. I’ve tried to avoid job sites since only about 3% of jobs are derived from them (in comparison to the amount of work you put into it), but I’ve noticed a common trend on them:
"Position Details
- Financial Sales Rep
- K – K first year net income part time (compatible with a full time job)
- OR K to 0K full time
- Professional Training – live, conference call and online
- Optional Qualified Lead Program – No cold calling or prospecting
- Generate six figure long term residual income – 0K on up"
I don’t get it, obviously these figures aren’t very accurate…if you could make 300K doing a job that doesn’t even necessarily require a college education, why would finance experts become analysts, controllers, CFOs, etc? So obviously it’s generally bogus, but my two questions are:
1. What would a realistic income figure be for a financial sales representative who puts in your typical 8 hours a day work effort?
2. How are companies allowed to openly and blatantly lie about the outlook of the positions they are hiring for?