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Today we'll be dealing with the Stair-Step Breakaway Plan. This plan is a powerful plan, this makes it one of the most widely used compensation plans. In this plan, you have a number of ranks, and as you move up in the rank you get paid higher commissions. This is part of our series on Compensation Plans, where each week we will highlight a different type of compensation plan. We will go through its weaknesses and strengths, and how to use it in your businesses. If you have a specific compensation plan in mind, be sure to suggest it in the comments. We'll get right on making a video about it! If you would like to watch a full video outlining the mistakes people make and some recommendations about designing a compensation plan, check our video out at • COMPENSATION PLANS: How do they work and h... Chapter: 0:00 Intro 0:36 How The Stair-Step Breakaway Works 1:38 The two ways to Get Paid In The Stair-Step Breakaway 5:55 Application Of The Stair-Step Breakaway 7:53 Strengths Of The Stair-Step Breakaway 8:30 Weaknesses Of The Stair-Step Breakaway 10:18 Summary 11:02 Outro ►For other interviews, podcasts and information, take a moment to check out mlmforceos.com where you will find a number of other MLM-related posts, blogs, and podcasts. ►Join our Facebook LIVE events at facebook.com/NetreadyMLM. ►If you are looking for enterprise-level MLM management software then please go to Netready.co.za ►Other Platforms: • Facebook: / netreadymlm • Spotify: https://open.spotify.com/show/3ocLCNS... • LinkedIn: / netready-mlm-it-solutions #Netready #MLMforCEOs #MLM