Need Advice
Current RB at Chase in a midwestern suburban area with middle class to affluent (relative to area) clients. Base is 24 an hour and averaging 25k (75k total) a year.
Just interviewed and offered position at Wells Fargo for Senior Premier Banker starting at 48 an hour but with relocation to an extremely HCOL area in a different state (went to school in this state). Not sure how they are comparatively in the incentives but hoping to target 25-40k a year on top. I’m unfamiliar with Wells incentive structure beyond their quarterly payout. Chase is also boosting some incentives later this year that would see me gaining an additional 700 a month on average in commission.
Can anyone share insight on working with Wells Fargo and how they feel their commission is, especially compared to Chase if having prior experience. Is this move based on the salary doubling alone with the cost of living increasing 30-50% of what I’m seeing right now worth it? Thanks for any and all opinions and help.