I am a personal lines insurance agent currently servicing but going into full sales. I need some advice about the compensation plan my agency VP presented me. It's a Sliding Base Salary proposal and I find it odd. Every 6 months my base salary decreases by $2,000 for 2 years then remains at a $8,000 less than what my base salary started at for all future years. I will receive the same commission amount on new business throughout all years employed and 10% commission for renewals. Is this compensation plan usual for personal lines sales agents?
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