Tier 1 Agent Job Description

Tech Support Tiers

Technical support teams are responsible for basic customer issues. It is synonymous with first-line support or level 1 support resolving basic technical or semi-technical issues. Tech support in tier 2 is more in-depth.

Tech support reps are more knowledgeable and experienced than tier 1 and it costs more. Administrative support is synonymous with support level 2 or L2 support. Tech support specialists in Tier 2 are responsible for repairing and testing software.

L2 teams often take control of a user's computer for the purpose of finding a solution to the problem. Tech support specialists in Tier 3 are responsible for fixing low level issues. The L3 team works closely with the developers.

Tech support tiers are the scope of technical assistance provided for an IT software or hardware product. It is usually categorized into 3 categories: Tier 1 or L1, Tier 2 or L2, or L3. The support is categorized based on the complexity of the issue.

The Role of Tier 1 Suppliers in the Supply Chain

tier 1 supplier is the supplier that the OEM needs to buy parts from. The more complicated your product is, the more tiers of suppliers you can see. tier 1 suppliers are the most important in the supply chain because they provide what the original equipment manufacturer needs in making the product and setting up the chain.

Tier 1 suppliers work with original equipment manufacturers. Tier 1 suppliers usually provide devices that are close to the end products. Your product is successfully made if your device is provided by tier 1 suppliers and the assembling and manufacturing process is done by the original equipment manufacturers.

Tier 2 suppliers are the key suppliers to tier 1 companies. They don't have direct contact with the companies they work for, and they are limited in what they can produce. They can't move on to tier 1 if they don't have more rigorous safety and standard compliance.

The image shows that the tier of suppliers gradually increase the added value to the end product, and the OEM will influence the decisions of their suppliers and sub-suppliers. Tier 1 suppliers usually have close relationships with only a few companies in the industry, but they stay more of an arms length relationship with the others. Tier 1 suppliers can be tier 2 suppliers to another or even the original equipment manufacturer for their own product, especially when the tier 1 supplier is a large one.

Help Desk Support

Technical support can be delivered in a variety of ways, depending on the support level or tier, including by phone, email, live chat or video, online tutorials and how-to's, message boards, and other logging tools. Third-party tools for help desk support include Zendesk, and many others. The company decides whether to create a new fix or not after a cause is identified.

Tier 1 and Tier 2 personnel use the new fixes. As users of any product become more knowledgeable, your help desk agents need to keep up with them. Knowledge is the baseline, and today it is personalized help and customer service that become the medium for positive experiences.

Regulatory Standards for Tier 1 and 2 Capital

The core capital held in a bank's reserves is referred to as Tier 1 capital and is used to fund business activities for the bank's clients. It includes common stock and other assets. The size of a bank's Tier 1 capital reserves is used to measure the financial strength of the institution.

Banks are required to hold certain levels of capital as reserves in order to absorb large losses without threatening the stability of the institution. The minimum Tier 1 capital ratio was set at 6 percent of a bank's risk-weighted assets. The regulatory standards for Tier 1 and Tier 2 capital are set by the committee on banking supervision.

Tier 2 capital is harder to liquidate than Tier 1. It includes hybrid capital instruments, loan-loss and revaluation reserves. Tier 1 capital is made up of the main component, the Common Equity Tier 1.

It is the strongest form of capital, which can be quickly liquidated to absorb unexpected losses. It includes common stock and stock surplus, retained earnings, minority interest and certain other income. Tier 1 includes the instruments of CET1, preferred stock and related surplus.