I've been retired since about the time I became an NSA years ago and I don't need signing work for survival, that's taken care of. I remember back in the day when notary signings paid $105, some signing services paying $125 or more, with seven, eight or more signings week in and week out. Typically if you work for a company for a long time and do good work, you're going to be rewarded by increases in salary and benefits. The NSA is different. If you are an NSA for any length of time, almost eleven years in my case, you will see your "salary" go down dramatically, no matter how good your work ethic--and with no additional benefits such as retirement, medical, etc. What this means for any NSA is that they will continue to do signings only as long as the bottom pencils out. Simple economics. If the bottom line doesn't pencil out, they will have to move on and find some other work--and hopefully work that includes a retirement plan and medical benefits at the very least.
P.S. It's a safe bet that the average notary fee an NSA receives will not go back up again. Based on the current trend, it's a safe bet that notary fees will likely continue to go down. How low will notary signing fees go down before all the NSA's stop taking them? That's what we're in the process of finding out. |
