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Employee Retention – 2 nd highest reason employees move to another company is for benefits
No Mandatory Participation – Unlike insurance, there is no required percentage of employee participation
No Mandatory Contribution – Unlike insurance, there are NO contribution requirements placed on employer. Employer may choose to pay all, part or NONE of monthly fee. Employer may decide which employees/full-timers/part-timers or independent contractors to contribute to or not contribute to.
PERSONAL PRODUCTION COMPENSATION 30% Commission Paid on Personal Production
Plan IV 6 mo adv Monthly Adv Commission
THP $108 x 10/wk=43.3 plans=$4,676/month x 12 months= $56,118 Advanced Commission*
+$56,118 Residual Commission**
=$112,236 Annual Earned Income
*$56,118 advanced commissions represents only ½ the total commission earned.
**There is also $56,118 in residual income earned.
The above example is assuming only 10 Plans per week are sold.
Consider enrolling a Group of 49 employees.
The Advance Commission alone would be $5,292. Then you would earn another $5,292 in residual income that year on that group alone. Also, you would have $882/monthly residual income thereafter for the life of that business on the books.
Consider just one Group of 100 employees. The residual income would be $1,800 per month ,
month after month, year after year , for the life of that group’s business .
The above example does not include 15% - 34% Over-ride Commissions nor Trainer Bonuses.
Income examples shown are strictly illustrations of how commissions are earned in the compensation plan.
Your earnings will depend solely on your efforts as you develop your business/agency.