Episode #32: 5 Pillars of Compensation: The Breakdown
Description
💰 Is your agency maximizing every revenue opportunity? In this episode of Build Your Legacy: Insurance Edition, we break down the 5 Pillars of Compensation that SIA of NC partner agencies can access—and why they matter for your bottom line.
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✅ Commission – The foundation of agency earnings, but how do partner agencies earn even more?
✅ Quarterly Overrides – Guaranteed bonuses for new and renewal business, paid out every quarter.
✅ Local Incentives – Extra bonuses SIA of NC negotiates regionally to boost earnings.
✅ National Profit Sharing – Yearly payouts based on profitability at the national level.
✅ Local Profit Sharing – Additional annual profit sharing at the local level.
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This compensation structure provides cash flow, supports agency growth, and helps agencies reinvest in their business and community. Are you leveraging all five pillars?
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Learn more about SIA of NC: www.siaofnc.com or subscribe to our channels for more expert insights on growing your agency!
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 📧 Email us at podcast@siaofnc.com with topic suggestions!
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