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compensation

Posts Tagged: compensation

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How to Build a Pay Structure Around the Four Pillars
hiringcompensation

How to Build a Pay Structure Around the Four Pillars

04/22/2020 · 6 min read

Build agency pay around four pillars: lead generation, sales system compliance, operations and retention, and culture. Reward prospecting, not just closing. Tie part of pay to retention. Bonus team development. Walk every hire through the plan in detail and revisit it at 90 days and one year.

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Why Hiring Is the Number One Challenge for Agency Owners
hiringcompensation

Why Hiring Is the Number One Challenge for Agency Owners

09/11/2019 · 6 min read

Hiring is a compensation problem in disguise. Fund the 3 to 6 month ramp honestly, make commission simple enough that a producer can calculate daily income, and build a real long-term wealth builder (book ownership, equity, or profit share) so good producers stay past year two.

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How to Restructure Pay Plans Without Losing Your Team
compensationhiring

How to Restructure Pay Plans Without Losing Your Team

09/04/2019 · 6 min read

Restructure agency pay in four steps: diagnose mismatches between earnings and production, design a base plus commission plus targeted bonus, communicate the why and model the math, then run old and new in parallel for 60 days. Grandfather top producers individually to avoid losing them.

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