UBS 2014 Compensation Plan Rewards Planning, Raises Minimums | On Wall Street

Payout grid. The payout grid, which is based on a percent of trailing-12 month production, remains largely the same except for three production bands between $300,000 and $600,000, which are moving up slightly. For example, a 39% payout that would have applied to advisors making between $400,000 to $599,999 will now apply to advisors in the $425,000 and $625,000. Those changes will take effect July, 1, Chandler said.The so-called “penalty box,” which assigns a mandatory 20% payout to advisors with eight years or more of experience and less than $325,000 in revenue will apply to advisors with under $350,000 in revenue in 2015, Chandler said.

via UBS 2014 Compensation Plan Rewards Planning, Raises Minimums | On Wall Street.

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