The Accelerate Plan is a preconfigured Compensation Plan that was created enable companies to quickly adopt & launch, while at the same time - providing flexibility in exactly how money is allocated in order to drive the behaviors you're looking to drive. Freedom supports limitless flexibility in the ways you can compensation individuals in the field (Affiliates, Reps, etc); but with the Accelerate Plan - we're focused on a pre-defined set of rules with the ability to control the exact numbers (percentages, qualifications, etc).
The Accelerate Plan is structured to provide motivations through a combination of bonuses and commissions that we've based on best practices we've seen; while at the same time - providing clients' flexibility in the exact payouts and allocations between these areas:
Beyond the specific bonuses and commissions that are provided by the Accelerate Plan; there is also a set of ranks and titles that can be configured to provide both recognition and additional earning opportunities to leaders within your field.
You will receive a link to an online form where you will provide your company's rank titles and the initial values for the qualifications and bonuses. Once you complete the online form, these are automatically sent to ByDesign and applied to your preconfigured Accelerate compensation plan in your production environment ready for use.
The Commissions Analyst team will be providing you the written version of your Accelerate Compensation plan for your reference. As your business evolves, we have the flexibility to expand the rules (e.g.: new qualifications, bonus types, rank promotion rules, etc) through billable new work requests.