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Comp Plans & Associate/Senior Associate Info

What is the commission structure at TEEMA? – Commission Plan

Comp Plans including a path from Associate to Senior Associate

Associate position:

• All Associates will be remote 
• Associates are 100% commission based
• Associates have a lower commission structure than Sr. Associates
• TEEMA provides a $300 monthly credit towards tools such as LinkedIn Recruiter, Indeed, etc
• Desk fees do not apply to Associates
• Associates are subject to their own Scorecard

How does the new Member graduate or move from Associate to Sr. Associate?

• Must book $15K in perm commissions or $20K of COMBINED perm and contract commission in any 90-day period. 
• Must complete all required TEEMA University training modules
• Member and Partner need to complete graduation form for approval

Senior Associates position:

• The highest commission structure at TEEMA 
• Sr Associates are 100% commission
• Pay for your own tools 
• No activity outside of the scorecard is monitored. However, Partner engagement may be required if performance is below expectation. 
• Sr. Associates Scorecard in are subject to a scorecard who fail their scorecard will either pay desk fees or be moved to Associate
• Desk fees are waived under the following scenarios: 
• SA’s can pass their SC with $15k in Perm business or $20k in COMBINED  (Perm & contract)
• SA’s trailing 12-month commission is $80k for total COMBINED (Perm & contract) business (prorated for new SAs) 
• SAs can pass their SC with $60k in trailing 12-month Perm business (prorated for new SAs) 
• If Sr. Associates move to Associates, they will not be required to pay the desk fees owing. 
• Failing 2 quarterly scorecards consecutively will lead to a Sr Associate moving to Associate level automatically

Click to watch an explanation of TEEMA’s business model

FAQ

How long does it take to move from Associate to Senior Associate? DEPENDS ON SUCCESS – The majority of Associates graduate between 3 – 6 months.  

What tools does TEEMA provide? 

• LinkedIn 
• Indeed
• Monster
• Zip Recruiter
• Doc Cafe (Healthcare only)
• *Only applicable for Associates – receive up to $300.00 rebate for tools of your choosing. All tools listed have varied pricing. 

Are there any geographical or lines of business restrictions? No

Can I do both Recruiting and Business Development? YES

What is the estimated first-year income? Depending on the level of activity and dedication, if working 40 hrs/week, 5 days/week, likely first-year income will be between $80-100k. Our last Rookie of the Year made $275k in their first year.

Can I work with TEEMA part-time?  No, it just doesn’t work (we’ve tried a few times).

What are the next steps after my initial call? Review some material (Commission Plans, Scorecards, Guiding Principles, etc), follow up with your Partner to answer any questions, complete the ‘Assignment’, review your Assignment with your Partner, Partner to introduce two additional TEEMA Members for you to speak with, final call with your Partner, go/no go decision, if go, select start date, minimum of 7 days out, on a Monday

What happens if I decide to leave the company? You have the opportunity to transition any active contract consultants to another Member and work out a commission split arrangement.  Any completed Perm/Direct Hire placement fees will be paid to you in full once the guarantee period has completed.  Any clients you developed are yours, there’s no ‘non-compete’ at TEEMA.

Guiding Principles

Additional Resources

How to Create a LLC or Incorporate
NOTE: TEEMA does not provide a CPA or lawyer, and we highly recommend that you reach out to a CPA in order to best understand what type of company to set up.

For the US our Members can set up as an LLC, single-member LLC, S Corp, P Corp, C Corp.
https://www.forbes.com/advisor/business/how-to-set-up-an-llc-in-7-steps/

In general, you should set up an LLC if you anticipate making 100K or less. You should set up an S corp if you anticipate making $100K and up. However, please consult a CPA to make your best choice for you and your business.

For Canadian Members, you can set up a legal entity: https://www.canada.ca/en/services/business/start/register-with-gov/register-corp.html

TEEMA Member Agreements

• Canadian Member Agreement
• US Member Agreement

Membership & Leadership Opportunities

LIFE at TEEMA (MEMBERS Define their “Why’s”)

• TEEMA Executive Video
• TEEMA Culture Video – hearing from a few Members about what they love
• TEEMA 2022 Conference in San Diego
• TEEMA Client Appreciation Event

If you have any questions, reach out to your Partner. If you are ready for the next step, please reach out to your TEEMA Partner for the Assignment Link.