Our Stategy is to create a National Standard
What is the P.I.P.
“If you are not offering the PIP, contact Custom Benefit Services about creating your own Production Incentive Program.”
Brad Ditton, Company Owner
Oakhurst, CA

The Production Incentive Program is a custom benefit, structured to
reflect the unique needs and goals of each client company implementing
the plan. The PIP is an incentive based restrictive bonus plan that allows a company owner to participate in the financial future of his or her most valuable associates / employees.

There are six (6) decisions each company owner must make when designing their custom PIP plan.

Qualification / Eligibility: This is the minimum standard of production each participant must achieve to be eligible for the company plan.

Matching Amount / Bonus Schedule: The amount of money the company is willing to contribute to the plan based on production qualifications.

Matching Mode: The mode in which the company will match participant contributions. (i.e. monthly, quarterly, semi-annual, annual)

Vesting Schedule: The amount of time each participant must stay with the company to be fully vested.

Payment Process: The company can set up a contribution option in which the participant is able to contribute to their individual plan through a process of commission / payroll deduction, or the company can allow participants to contribute through writing personal checks.

Enrollment Period: This is the length of time each participant has
each year to make the decision to join their company’s PIP.