in Blog, CompenSafe, Infographic by Kelley Mangel

How to Automate Loan Officer Compensation in 5 Easy Steps [Infographic]

CompenSafe Auto Draws automated LO Comp
There’s no denying it – commission and incentive pay plans are complex and complicated. With all the “if this, then that” scenarios that come into play, it’s like peeling back the layers of an onion; each layer making you want to cry more and more.

Fortunately, there are a lot of ways CompenSafe helps ease the pain of managing mortgage compensation. Take for instance, auto draw, which lets you schedule recoverable wages, minimum guarantees, assistant salary shares, and new hire bonuses. Draws and guaranteed minimums are automatically posted and recovered from commissions each pay period.

So, what can you do to optimize your mortgage company’s payroll process? Check out the infographic below to see how in 5 easy steps, CompenSafe Auto Draw is helping you get rid of manual processes.

Start Automating Today

See for yourself why mortgage companies choose to use CompenSafe to automate their payroll. Schedule a live demo today.

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