Ok, so I know that everyone has their own opinions about banks vs. wirehouses vs. indy. I'm just looking for factual data on bank payouts.
I'm currently looking at a bank position (it's a community bank with about 50 branches) that comes with a permanent salary of 33k. However, on your commissions, you do not get paid anything until you hit $25,000 of GDC per quarter. After this, you get between 35-45%. Is this common in bank programs, for the first stop on the grid to be a 0% payout?