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Entry Level Jobs - Cutting Off The Bottom Rung Of The Ladder

Posted by StockBuz on August 7, 2014 at 9:13am in Macro

The last few decades a shift took place and Loan Officers have been paid minimal base salaries with commission; obviously an incentive to originate and reap better pay if/when their loans closed. You weeded out the dredges with ease. In this day and age, I would not be too surprised to see an expansion in "internship" positions across the nation. 'We will train you as you go. Prove yourself and then maybe we'll pay you.' Smart for business (rarely are interns paid any compensation) but very sad for the entry level worker.

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