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Primerica

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Primerica

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Primerica Employee Reviews about "multi level marketing"

Updated Jul 5, 2021

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Found 1 of over 1,755 reviews

4.0
78%
Recommend to a Friend
88%
Approve of CEO
Primerica Chief Executive Officer Glen Williams (no image)
Glen Williams
682 Ratings

Top Review Highlights by Sentiment

Pros
  • "Primerica is great for people who are very out going and are good at making selling point.(in 82 reviews)
  • "Training is great!(in 68 reviews)
  • "Good money when you close with good premium and a good market to continue business(in 44 reviews)
  • "Money and flexible hours help(in 30 reviews)
  • "Very lucrative and flexible schedules.(in 27 reviews)
Cons
Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.

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Reviews about "multi level marketing"

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  1. 5.0
    Current Employee, less than 1 year

    Primerica, The American Dream

    May 3, 2018 - Agent 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Primerica, a company based on a dream. The company was founded by Arthur L. 'Art' Williams Jr. He started this company based on two different values. First, he wanted to change the face of the financial world, starting with the life insurance industry, mainly because he saw how his family was taken advantage of when his father passed away. Second, he designed the structure of the company to allow anyone who put the hard work in to become financially free and find the American dream. I have found one of the greatest parts about working at Primerica is the company atmosphere. Never have I worked at a company before where my boss was so invested in making his employees better. Now understand that I do not mean that the boss rides you until you do better or want to quit. The broker (the boss) of the office is always reaching out and asking if there is anything he can do to help or if I am having any problems that he can help coach me through. However, it is not just the broker that is wanting to see you succeed, but it is everyone in the office. Everyone is always supportive, which creates a positive and uplifting atmosphere. There is a side of Primerica though that a lot of people considers to be a multi-level marketing scam. This is simply not true, though! Primerica really has three positions that they will hire on for a silent partner, sales agent, or management. A silent partner is an agent who gets licensed and receives spiffs or bonuses for referring clients to the office. The agent is your standard sales agent, however there are so many different products that Primerica offers that an agent never really has to push a sale, because normally there is something that they offer that everyone could use. The Managers are hired to learn how to run a business and become their own boss. This is where people begin to think that Primerica is a Multi-level marketing scam, because an aspect of management is to hire and train. Primerica does this because they believe that before someone opens their own office and becomes a broker, they need to have a fully trained staff. That way they have a successful and productive office from the start. The reason people believe that we are a multi-level marketing company is because most everyone who gets hired wants to become a broker because they see the potential of income and the life that they can obtain in that way. This causes a stream of continual recruiting and that can appear to be like a multi-level market. Also, the aspect of training comes across as a scam. This is also not true; if a life insurance sale or investment sale occurs during training the trainee cannot be paid off the sale, not because that is what Primerica wants, but because it is illegal for someone to get payed off a life insurance or investment sale if they do not have a license in that field. So, the sale goes to the trainer because they are licensed, this also helps compensate for the training hours. Now this does not mean that trainees are not compensated during training. There are many other ways to get payed as well. In conclusion Primerica is by far the best company that I have ever worked for. Due to the standards on which the company is based, and how the atmosphere of the office is always trying to build you up and make you better not just as an employee but as a person as well. So once the system of an office is understood fully it will be clear that it is not what people say, and it is truly one of the best companies that can give you the tools, and the path to live the American dream.

    Cons

    There is honestly Nothing bad that I have to say.

    7 people found this review helpful
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