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Who Should Control Compensation in the Future?

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Manage episode 230949524 series 2093644
Content provided by Joey Giangola. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Joey Giangola or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
It's hard to think of an industry that has the best and worst compensation model all at the same time.

The power and beauty of renewal income is a huge draw for plenty of journeyman sales professionals to the insurance industry.

It's this same payment structure that has gotten the best of plenty of agents who couldn't figure out a way to play the game on a bigger scale.

As nice as that renewal income is, having zero authority determining the value we bring is challenging at best.

That's what I talk to James Castell, of Castell Insurance, about how his agency addressed this problem in his agency.

  continue reading

207 episodes

Artwork
iconShare
 
Manage episode 230949524 series 2093644
Content provided by Joey Giangola. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Joey Giangola or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
It's hard to think of an industry that has the best and worst compensation model all at the same time.

The power and beauty of renewal income is a huge draw for plenty of journeyman sales professionals to the insurance industry.

It's this same payment structure that has gotten the best of plenty of agents who couldn't figure out a way to play the game on a bigger scale.

As nice as that renewal income is, having zero authority determining the value we bring is challenging at best.

That's what I talk to James Castell, of Castell Insurance, about how his agency addressed this problem in his agency.

  continue reading

207 episodes

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