Heritage Education Funds Sales Representative Reviews | Glassdoor.ca

Heritage Education Funds Sales Representative Reviews

5 reviews

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Sales Representative

3.3
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Jason R.B. Maguire
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Employee Reviews

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  1. Helpful (1)

    "It is a good choice."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales Representative in Vancouver, BC
    Current Employee - Sales Representative in Vancouver, BC
    Recommends
    Positive Outlook

    I have been working at Heritage Education Funds part-time (Less than a year)

    Pros

    You have flexible time ,
    you can help your clients' children to achieve their university dreams. They can get better return compare to other RESP plans.

    Cons

    Sometimes they make mistakes when they sent email to us, I prefer to say noting bad to my company. I am satisfied about the company.


  2. "Good Company, but challenging sales position."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sale Representative
    Former Employee - Sale Representative

    I worked at Heritage Education Funds (More than a year)

    Pros

    -Flexibility of time
    -Good training
    -Supportive
    -Entrepreneurial spirit

    Cons

    -RESP's are difficult to sell
    -Commission only
    -Have to find your own leads
    -Expensive licencing fees

  3. "Heritage Education Funds offers a solid product however takes time to get going."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales Representative
    Current Employee - Sales Representative
    Recommends
    Negative Outlook

    I have been working at Heritage Education Funds full-time (More than 5 years)

    Pros

    The best part of the job is that you can have the freedom to work the job when you want. It can be rewarded once you have a clientel base underneath you. Great as a part time position, but difficult if pursuing full time employment. Can pay very well if you work hard at it.

    Cons

    Heritage is a commision based position in which what you put into it is what you get out of it. The first years are difficult because you must prospect your own leads, market your own product, and follow up with clients. It is the all in one sales position. Diffucult to develop in the first 3 years, smooths out out once you have a clientel.

    Advice to Management

    Invest more into your salesforce to ensure that you're people stick around. It is difficult when you feel you are working by yourself and only hear from the head office a couple of times per year. Training needs to be standardized and a true leaders are needed to motivate and encourage your salesforce to work hard for the company. The bottom line is not everything.


  4. Helpful (1)

    "There is great income potential for those who have money to invest into their business."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales Representative in Saskatoon, SK
    Former Employee - Sales Representative in Saskatoon, SK

    Pros

    - Great income potential for successful candidates
    - Offering an outstanding product
    - Flexible hours and time off when needed

    Cons

    - VERY expensive to get started
    -VERY regulated.. can not advertise without sending all materials through compliance, can not have business cards made unless they are made through head office and they charge too much.
    -No help to gain leads for new reps
    -Rewards and recognition only kick in when you are at the very top of the company, so you have very little motivation from the team when its needed most - in the beginning.

    Advice to Management

    Allow your rep's to move at their own speed and exercise their creativity. Host contests and reward rep's for jobs well done.


  5. "A great part-time income source!"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales Representative in Toronto, ON
    Current Employee - Sales Representative in Toronto, ON

    Pros

    You have the ability to set your own hours,. There is an unlimited commission pay structure. There are really great promotions to encourage you to work hard and be productive. You get to work from home and set your own hours. Once you build a customer base you will have "bonus" babies to existing clients as well as referrals.

    Cons

    Flipside of commission - you are strictly on commission, you must pay for all of your own marketing materials. It's tough to get started without a doubt.

    Advice to Management

    Websites have a lot of glitches, when tracking leads, etc. Please make Salestree a more user friendly and productive sales tool.