Travel Edge this week announced a new limited-time signing bonus program for luxury travel advisors in order to support independent contractors (IC) during the challenging COVID-19 (coronavirus) pandemic. For both advisors and agencies looking to join Travel Edge, they will receive a signing bonus of 35 percent of commissions in 2019, up to $250,000.
“The future of luxury travel lives with the ICs,” said Michael Johnson, EVP Travel Edge, in an official release. “We felt it was important to support the bedrock of our industry with an appropriate and much needed investment when it needs it most.” In all, Travel Edge says the program is a $50 million investment in the industry.
Additionally, the agency is offering a limited-time referral bonus for current Travel Edge advisors who bring peers into the Travel Edge network.
Travel Edge touts a dedicated team negotiating for ICs to have the best contracts, relationships and exclusive amenities in the industry. The agency adds that it previously invested over $50 million in its ADX (Agent Digital Experience) platform with the sole focus of enabling advisors to improve their commission yield and sales efficiency.
"Of course, everyone in our industry is facing enormous challenges. But we remain a community that depends on each other with the focus and desire to serve our clients," says Johnson. “We want advisors who are affected by the events of COVID-19 to feel they not only have a safe place to land, but that they are joining an agency that is looking towards the future. In an unstable time for our industry, Travel Edge is positioned for growth. The Travel Edge bonus is an added income opportunity for those who have been greatly affected by all recent events—with 50 percent immediate payout upon signing.”
To learn more about the new Travel Edge bonus program and to join Travel Edge, email [email protected]