Fulfilling a commitment to enhance earning potential for members, Ensemble has announced that it is delivering profit sharing from 2022. The agency consortium is also providing those payments faster. While the disbursal will still be made in two installments, members will receive 75% of the payout in the first payment.
Adding to the increased benefit is that 73 percent of Ensemble's top performing members will earn a higher percentage of sales than they did in 2019.
"We are thrilled to be delivering on both our resolve to increase member earnings and to do it faster than in the past," said Michael Johnson, President of Ensemble.
"But that commitment transcends profit sharing as our members are also earning more through the utilization of our ADX platform, which is providing some of the highest margins in the industry," Johnson added.
"The cumulative impact of the programs and initiatives we have launched is unparalleled in the consortia ecosystem and we remain fully focused on the future and to creating the most innovative resources and tools to ensure that our members are achieving the highest earning potential in the industry."
Ensemble's Executive Chairman David Harris. (Ensemble Travel Group)
David Harris, Executive Chairman of Ensemble, added: "It's truly gratifying to see the tangible results of the promises we made to members prior to the acquisition - including the commitment to provide profit sharing from year one. This payout is a reflection of the faith and commitment that our members put in us to deliver on the assurances we made to rebuild the consortium while simultaneously helping them grow their businesses."
Over the past several months, Ensemble says its leadership has focused on the rebuilding and reimagining of the consortium with a focus on maximizing profitability for members.
The consortium says a key element to achieving that goal was the onboarding of members onto ADX (Agent Digital Experience), the proprietary booking platform that enables advisors to book all aspects of a client's trip and invoice in the same platform for maximum efficiency.
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