One boutique network has launched a tailored new incentive rewards program to financially recognise its high-performance achievers as part of its 2020 growth strategy.
Queensland niche group Coronis has unveiled the details of a courageous new profit-share scheme designed to reward and retain its best performing sellers.
Managing director Andrew Coronis said that the new program provided the company’s agency leaders with a vested interest in their individual offices.
He said that it will inspire them to run more productive teams with a strong focus on results.
“I’m really excited about this new program,” the MD said.
“I have always been passionate about helping my team create personal wealth and financial freedom, and I believe this will provide them with more ownership of their office.”
Mr Coronis said that many agents aspire to open their own office but cannot afford the upfront cost.
“So, this program offers them the opportunity to reap the benefits of running a successful office but without the financial risk.”
He said that the program is available to all agency leaders and sales managers. They’ll each receive a customised plan based on their office. Once the office generates 20 per cent profit, they will receive 50 per cent of the rest of the profit.
“So, every agency leader who is running a profitable office will earn a salary plus their quarterly bonuses plus their profit share payment, so in total, they have the potential to create an excellent lifestyle.
“I know this program has already incentivised our current team of leaders to take ownership of their team’s performance and the office’s productivity, so I believe this will be a catalyst for business growth.”
Mr Coronis added that the initiative is part of the group’s strategic growth plan.
“We’re committed to achieving our 2020 goal of 40 offices, so this is a great opportunity for any agents who want to build their own personal empire or take their career to the next level and step into a non-selling, mentor role within an office.”