If the company you are working with doesn't have a good compensation plan, it doesn't matter how good the product is. You are not going to make any (significant amount of) money.

What makes a compensation plan good? It has to pay out enough money up front so that a new person or a part timer can make a decent check. It also has to pay deep enough to make it worthwhile for the full time net worker. The qualifications for getting your bonuses every pay period should be reasonable and you should be rewarded for extraordinary production.

Most uni-level pay plans are set up so you can have unlimited width and depth, but they don't pay out past a certain level. You usually do get a generational bonus for helping other people achieve a leadership position but that too is limited. A compressed pay plan pays out most of the money on the first three levels, which is great for new people and part timers but many full-time net workers stay away from them because they want to be paid in depth where their organization is wider.

Forced matrix compensation plans are generally designed to pay out extremely deep but they have a few major drawbacks. To start with, most binary programs only pay out on balanced volume. That means that you can't make money off of just one leg. While that may be a great incentive to keep both of your legs going strong, you can't always control it. If one of your legs takes off you will only get paid down as deep as the shortest leg or in some cases twice as deep as the shortest leg and the rest of your check rolls up to your up-line. The other huge drawback is that you have limited width. Forced matrices are generally great for heavy hitters because they pay out so deep, but the average person needs to have more than two front levels to make a nice check.

So what would the perfect compensation plan look like? The perfect plan probably doesn't exist but the company I'm working with has the closest I've seen. These are the features:

• COMBINATION OF UNI-LEVEL AND BINARY This pay plan combines the best of both worlds. Anyone from a part timer to a full time pro can do well with this program.

• 11 WAYS TO GET PAID There are numerous ways to get paid and there are lots of incentives for above-average producers.

• QUALIFICATIONS ARE EASY Compared to most programs out there, this company has very simple requirements to qualify for all your bonuses. In the previous company I was with, I had to do $5000 worth of personal volume a month. No wonder it was hard for people to make a check!

Click here for: 3rd Element

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Heather Garcia