Job Title: Pension Consultant
Location: Houston, TX
Submitted on: 28-Apr-05
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Job Title |
Salary
Survey |
| Pension Consultant |
There is no "package." You receive a salary only (unless you make in excess of
approximately $80,000 when you become bonus eligible as a member of management).
All employees, if the company meets 4 sales goals, receives a $150 per goal
bonus. Continuing education, for those of us with certifications which require
extensive CE credits, is almost non-existent. There is virtual learning
available on various insurance or management related courses. The benefits
package is OK, but nothing special. However, the dental benefit package is no
longer affordable for many employees. There is a mediocre defined benefit plan
in place, as well as a good 401(k) program, matching in excess of 100% of
deferrals up to 6% of compensation. The Employee Stock Purchase program is a
sham. While employee discounts are supposedly available for auto insurance, AIG
is so high in Texas that no one uses AIG. Annual raises have averaged less than
3.5% for at least 6 years.
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