Deferred Compensation: What Is It?
Deferred compensation is when a portion of an employee’s money is paid out at a date after which that income is actually earned. Examples of deferred compensation include pensions, retirement plans, and employee stock options. A lot of companies go by this model of compensation even network marketing franchises. Pensions are usually giving out at a much later date like when you retire. The way I understood retirement plans is when you get hired at your 9 to 5 after you prove yourself for 90 days or whatever your 9 to 5 probation period is over you qualify for a 401k which is a retirement plan. Not all companies offer this but having employee stock is a good thing to get into in my opinion.
Deferred Compensation: Wake Up Now
Deferred Compensation: Outro
Even though Wake Up Now pays monthly its residual income that is money you dont have to work for so that is a good deal. What other company you can think of that helps you save,manage, and make money this is a no brainer. Deferred Compensation isn’t always a bad thing especially when you are building your network marketing business. Click here to join the Wake Up Now movement or the banner below.