The Importance of Compensation Plans


There are many types of compensation plans out there. Some of them are so complex that it requires a degree in mathematics to figure out how much money You will get in Your next commission check !


Some humans tend to neglect compensation plans. They feel that it ‘is not important at the initial stages. But if You are not very clear how to &lsquo ;place&rsquo ; Your d0wnline’s, You will LOSE A LOT OF INCOME and in some case’s, some of Your d0wnlines will lose vested interest if You fail to place the right humans under them.


Remember, los’ing 10% may not seem like a big amount but while You calculate in the long run, Your sales volume could total up to THE THOUSANDS and it ‘is even worse while it ‘is not YOUR income because if You cause Your d0wnline to lose money due to poor plann’ing then You will lose the trust in Your leadership which ‘is someth’ing money can&rsquo ;t buy back !

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