|$75,000 – $100,000||75%|
|$100,001 – $150,000||80%|
|$150,001 – $500,000||85%|
|$500,001 – $1,000,000||87%|
Our payout schedule may seem simple, and it is. You get the percentage payout we promise on every dollar you earn– no matter what the product or service is. There are no monthly hurdles until you achieve these levels.
Certain products have ticket charges that are deducted from your gross compensation prior to calculating your payout. This is not how you will find most firms calculate your payout – the majority of them will compute the payout percentage on your gross commission – and THEN take out your ticket charges.
Following is an example of why the way we compute payouts is essentially a “payout enhancement” over most other firms:
|THE COMPETITION||CUTTER & COMPANY|
|Net:||$850||Net before Payout:||$980|
|Commission to FA:||$830||Commission to FA:||$833|
This seems like a small discrepancy, until you take into account how many times this calculation might happen in a month. Those $3 and $4 differences can add up to real dollars if you are generating a significant number of transactions each month.