Ensemble announced 18APR that it's not only delivering on its promise for profit-sharing in the first year following its acquisition by Navigatr, but that it's also providing enhanced payments sooner than in the past.
According to a release from the consortium, the move contributes to its commitment to enhance members' earning potential. While still paying profit sharing in two installments, it says members will receive three quarters of their payout in the first payment. That's a 50 per cent increase over previous practices, allowing members to receive more money, sooner.
In addition, the company adds, 73 per cent 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." He went on to add that the company remains focused on ensuring "that our members are achieving the highest earning potential in the industry.”
“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,” added David Harris, Executive Chairman of Ensemble.
“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.”
Since its acquisition by Navigatr and over the past several months, Ensemble says its leadership has been "laser focused on the rebuilding and reimagining of the consortium with a focus on maximizing profitability" for its more than 2000 members, including onboarding them onto its ADX (Agent Digital Experience) proprietary booking platform.
For more information about Ensemble, visit its website.
