Pros
It paid less (yes, less) than unemployment, but at least you had benefits (not great benefits mind you).
Cons
TSYS is not a place to start a sales career unless you have have a lot of money saved up AND you have an entire portfolio of merchants processing someplace else willing to let you resign them under TSYS. You will not be given leads of any kind ever. Most TSYS markets do not have banks to partner with either. If you do, don't expect them to provide any legitimate lead sources either. New hire training lasts a week, but then you're basically on your own. Sales management is very hit or miss, but more miss. I was informed I had the best sales manager. It that was the best they had, I can't imagine someone who was mediocre or plain bad. There really was no support from management and management was often unavailable and unable to handle their work load. This was odd because they only have about 10 reps each. You will be extremely micromanaged. You will have daily conference calls when you must go into insane detail about what you did the day before. If you did not sign a deal, you will be publicly degraded in front of your peers. Compensation plan is not good. $35,000 base. If you live in the middle of no where, fine, you maybe can live on this until you start seeing some residuals in a years time. if you live in an urban area, you do the math. Even if you have a portfolio you can bring over, know that you will not see a dime of those residuals for a long time. The ramp up period/bonuses were bad as well. No one made plan after month three. There is a very high turnover rate here. TSYS doesn't have a solid reputation in the MPS industry. They think they do, but they don't and cannot compete technologically. If you interview and came from the industry, go with a solid list of questions about compensation, employee retention, merchant retention, and platform capabilities. They can't even offer true next day funding to most merchants. These things matter when you're selling to savvy business owners. It seems TSYS would rather stick with low brow uninformed merchants to better take advantage of them. It seems TSYS has a higher than normal amount of people from operations to management that do not have formal educations or industry experience. At least that was my perception from conversations I had with anyone I met at their corporate headquarters in Omaha. Sales Management was also pretty unprofessional at our functions. A lot of heavy drinking and inappropriate behavior. I was very unimpressed. A lot of used car salesman types.
