Compensation Promotion Guideline
Transpacific encourages a teamwork concept to facilitate and maintain business; hence, there are situations in which agents can work together and split commission on cases.
Joint Case Scenarios
2 General methods of Commission Split:
50% for referring agent (provide client contact info and initial client intro; no additional services provided)
50% for closing agent (provide services in product presentation, follow up with client, and overcome objections from client)
2. Joint Work:
75% for referring agent (provide all services in follow up with client)
25% for closing agent (provide services in product presentations and overcome objections from client)
Agent Referral Program
Existing agents may refer new agents to (1) any agent or (2) Transpacific:
Referral commission will be paid by accepting agent; production credit would not be calculated for referring agents
Referral commission will be paid by Transpacific; production credit would not be calculated for referring agents
*Referral commission for referring agents are based on their new agent's compensation level.
The initial referral program is limited to 2-year term. After the 2nd year, the referring agent must become affiliated with Transpacific with ongoing production to receive continual referral commission
Promotion is granted based on personal or group production
Promotion is based on rolling 12 months (not calendar months); commission
level will be adjusted when agent advances to the next compensation level.
Matching status is allowed based on incoming agent’s performance within the past 12 months with outside agency (proof of production required)
Life-time no transfer policy – to avoid internal conflict among agents, interagency transfer within Transpacific is strictly prohibited
Commission Promotion Guide:
*Special bonus offered to Agency 0 and Agency 1 for any team agency that reach the same level