Need Help Understaning MLM Compensation Plans?
When you join an MLM company, one of the many things you need to consider is what type of compensation plan do they offer? It is a legitimate question that deserves some of your attention. However, let’s make one thing perfectly clear, the compensation plan is only a small ingredient when it comes to your success. Having said that, what types of plans are out there and which ones make the most sense? Well, there is the most widely used “binary” plan that seems to be the compensation plan of choice as of late. You are given two legs under which you place sponsors or distributors. In most scenarios you only get paid on the volume of your lesser leg. It is pretty easy to understand and companies make additions to it like “car bonuses”, “expense bonuses” and other “bonuses” to make it more attractive. Reality is most people and I mean 90% of those who stay in the company for any length of time will never get to see those “bonuses”. Sorry if the truth hurts but that is the harsh reality.
