How is Personal Sales Commission Paid?Your base commission on residual earning products and services is generally 6% of the monthly sales revenue generated. These commissions will increase to as high as 12% based on your monthly sales revenue. If you personally sign up an agent, they will also receive a 6% commission on their own monthly sales revenue, and you will receive 1% override on their monthly sales revenue. You will receive 1% on each of your "downline" agents through six levels provided you maintain at least the minimum requirement for your position in monthly sales revenue and add at least one new residual paying customer every 12 months. When agents reach $5000 in personal monthly sales revenue, their commission increases to 7 to 12% and the 1% override commissions are then paid out to 5 levels of their upline (instead of 6). At $10,000 monthly sales revenue, their commission increases to 8 to 13% and the overrides are paid to 4 levels of upline. At $25,000 monthly sales revenue, their commission increases to 9 to14%, and the overrides are paid to 3 levels of upline. At $50,000 monthly sales revenue, the commission increases to 10 to15%, and overrides are paid to 2 levels of upline. At $75,000 monthly sales revenue, the commission increases to 11 to16%, and overrides are paid to 1 level of upline. At $100,000 monthly sales revenue, the commission increases to 12 to17%, and overrides are still paid to 1 level of upline. Override on the Different LevelsThe compensation plan is based on Cognigen receiving a level of compensation from each vendor that supports the commission plan as described. To remain competitive, it may become necessary to add vendors that do not pay commissions to Cognigen that allow Cognigen to support the commission plan as described. In the event that such vendors are added, the commission plan will be "scaled" to allow the agents to earn a fair commission while allowing Cognigen to retain a commensurate level of paid commissions. At the time that such products or services are introduced, a notice shall be provided to the agents via email or postings to the agents secured back-office website. From time to time compensation from existing vendors may require such "scaling" to allow Cognigen to continue to administer the compensation plan in a fair and profitable manner. In the event that changes must be made to the existing plan, a notice shall be provided to each agent via email or postings to the agent back-office website. It should be noted that this scaling might result in both increased as well as decreased commissions.
NOTE: Certain Cognigen in-house services pay a higher commission of 11% with a maximum of 17% (5 points more than standard residual commissions) | ||||||||||||||||||
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