20 years being in business now having to wok for someone else at a much lower pay

[wyzemc2]

So the last time I was in college it was DOS WORD PERFECT and 90s stuff.

It was enough education to get me through the next 20 years,

Business was ok precovid after covid it took a nose dive.

Having your salary of comfortability every year.

to now having to make a resume after 20 years in one job.

joining all the 20 year olds that are mostly part timers no benefits.

this is kinda depressing

I rather have a different business

but that's not an option now.

So how does one go about landing a job that pays moe than 20 $ n hour .

\

 

[xmontrealer]

If you have sales skills it's not too hard to find a job, even if you're older than some other applicants, at least depending on the type of business involved.

There are a few professions where experience or age do not matter. What matters is the sales you generate.

For example, to become a Licenced Ontario Mortgage Agent requires taking only a short and easy Canadian Mortgage Brokers Association course, which is relatively inexpensive.

Some mortgage brokers will hire you without prior experience, regardless of your age. Because, after a bit of on-the-job training you will be able to function as a Licensed Ontario Mortgage Agent. After a while, though, they will expect you to do a reasonable amount of business. They will will pay you straight commission, with no base salary, so the risk to them is minimal. One, for example, is Northwood Mortgage Ltd.

Pre-Covid, with the housing market in the GTA being wild, record low interest rates, and not nearly as many strict government regulations as compared to today, it was fairly easy way to make good money. Today it's harder, but if you're good at it you can make some decent money, even under the difficult conditions that existed this past year.

from the internet:

"The average salary for a mortgage agent is $89,893 per year in Ontario. 170 salaries reported, updated at September 11, 2024"

Beware that many new agents are not successful, and don't renew their annual $841 FSRA Mortgage Agent licenses, so that lowers the above stated average income. But it is quite possible to make a lot more than the average if you are good at it, and put in the work in developing leads to create deals.

 

[wyzemc2]

If you have sales skills it's not too hard to find a job, even if you're older than some other applicants, at least depending on the type of business involved.

There are a few professions where experience or age do not matter. What matters is the sales you generate.

For example, to become a Licenced Ontario Mortgage Agent requires taking only a short and easy Canadian Mortgage Brokers Association course, which is relatively inexpensive.

Some mortgage brokers will hire you without prior experience, regardless of your age. Because, after a bit of on-the-job training you will be able to function as a Licensed Ontario Mortgage Agent. After a while, though, they will expect you to do a reasonable amount of business. They will will pay you straight commission, with no base salary, so the risk to them is minimal. One, for example, is Northwood Mortgage Ltd.

Pre-Covid, with the housing market in the GTA being wild, record low interest rates, and not nearly as many strict government regulations as compared to today, it was fairly easy way to make good money. Today it's harder, but if you're good at it you can make some decent money, even under the difficult conditions that existed this past year.

from the internet:

"The average salary for a mortgage agent is $89,893 per year in Ontario. 170 salaries reported, updated at September 11, 2024"

Beware that many new agents are not successful, and don't renew their annual $841 FSRA Mortgage Agent licenses, so that lowers the above stated average income. But it is quite possible to make a lot more than the average if you are good at it, and put in the work in developing leads to create deals.

Sorry I forgot to add one more huge issue.I lost my license to drive. In order for me to drive again .im being forced to take the G1 and G2 which puts be back 2 years of no wheels. however if a job can pay a better pay then this minimum wage garbage. Then I could uber it there. I just can't outdo my expenses in rides for the first 2 years.

 

[xmontrealer]

I'm sorry for your situation.

Not being able to drive does not matter as much as it used to, as many companies allow work from home with your computer.

However if that isn't an option, I'm not sure what other options are available to you that will pay you what you need, especially if you live in the GTA.

Perhaps you can seek professional advice regarding the kinds of jobs might be available, how to write a modern resume, and how to apply for jobs, which is mostly done on-line now. But sometimes in person works better.

 

[seanzo]

I was lucky and landed a factory job when I quit my last job. So far it's been great. All that I have to do is sweat a little, outside of that the jobs are all pretty basic and easy to learn. I started at 18/hour about three years ago, I'm up to 25/hour now and I'm expecting a bonus in December that should be north of $12k. Is it physically demanding? Yes but where else am I gonna make that kind of money? Not stocking shelves or fast food that's for sure. The only thing I'd suggest is avoid unionized shops if at all possible as they are very fond of collectively bargaining their jobs off to Mexico

 

[LTO_3]

Hard work and putting in the years to move up the pay scale. There's nowhere that I can think of where you start a top dollar salary or hourly wage without experience or have specialized skills/abilities. Unless you know someone that can get you into a position that pays more than minimum is the only other way. Often factory workers make darn good money especially with benefits.

LTO_3

 

[oakvilleguy]

I lost my job 7 years ago making low to mid 6 figures. I knew it was time for change as I didn’t want to work those crazy hours again. I was able to leverage my network and got a project management job on contract in my previous field making about 2/3 of what I used to make but with better work life balance and better benefits.

I would suggest you try to network with your previous colleagues and see if they can make some referrals.

If all else fails, you can try a sales job as a previous poster said. Last Xmas, I was switching my cell phone plan and was talking to a 20 something yr old and we got to talking about school and career etc. he said to me he doesn’t need a university education. He makes well over 100k a year in commissions working in a cellphone kiosk in a mall and he makes 3/4 of his income the month leading up to Black Friday to Boxing Day.

 

[whynot888]

Try learning a trade, its never too late. I still see 50 year olds as apprentices