I just graduated high school. I got a letter in the mail to "selected graduates" from Vector Marketing. It's a U.S company that markets Cutco knives. They offered me a sales rep job. So I went to the interview and got hired. The job pays $14.25 per appointment.
So here's the deal. I do sales demonstrations in people's homes for these Cutco knives. I just cut pennies in half with them and stupid shit like that. Whether or not I make a sale, I still get paid $14.25 for every presentation I do. There's a 10% commission bonus. So if I sold $200 worth of products, I'd get $20 instead of $14.25. Sounds great, right? But here's the thing. I need to pay $135, before I even start making money, to the company. This is a security deposit for my own demonstration set of knives to take on my presentations. They say that the deposit is fully refundable and I'll get the money back if I quit.
It would take me roughly 9 appointments to break even for the security deposit. The thing is, I am responsible for making appointments. In a sense, I control my own paycheck. I have to ask each customer, or whoever hears my presentation, to give me a few referrals of other people who would be interested in hearing my demo. My manager claims that employees average 25-30 appointments a week. And the employees there that I've seen seem to like their jobs and have no complaints.
So I don't know. I NEED money. Badly. What should I do? Is this some kind of scam? I have my second training seminar tomorrow. I really hope I can count on this job to be a legit source of income, but I need some advice or suggestions. Thanks guys.
