Defining PEPM & PMPM In insurance, PEPM stands for per employee per month and is a method some carriers choose to price their benefits or coverage. Similarly, coverage can be priced per member per month or PMPM. While seemingly the same as the PEPM, PMPM...
Salespeople chase sales goals to earn sales commissions. Every commission plan follows a different structure, but the common thread remains goals. That means that most sales organizations track goal attainment in order to reward commissions fairly and effectively....
Managing freight shipping, logistics, and supply chains requires a well-honed set of skills. Freight brokers, agents, and employees navigate an intricate balance between booking shipments from shippers and placing them with carriers. It’s no surprise that the...
Managing an insurance commission plan for insurance producers and agents challenges even the most experienced insurance agencies. The right structure weighs both producer demands with agency financial concerns. In striking that balance, agency management...
Insurance agencies and producers depend on commissions from insurance carrier policies to pay the bills. As most agencies know, the road to earning those commissions comes with a slight but all-to-common speed bump: insurance carrier commission statements....