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December 11, 2002 at 07:00 PM
NU Online News Service, Dec. 11, 5:19 p.m. – Group life and health commissions at independent agencies averaged between $1,886 to $2,389 per account in 2002, depending on agency size, finds a new survey by the Middleton Group, LaGrange, Ill., a management consulting firm.
For agencies with less than $600,000 in annual revenue, commissions per group life and health account averaged $1,936 per account and $183,935 per service employee.
For agencies in the $600,000-to-$1.5 million range, commissions were $1,886 per account and $286,596 per service employee.
Those in the $1.51 million-to-$4 million range averaged $2,369 and $294,018 per service employee, while those over $4 million averaged $1,906 and $265,131.
