Becoming Successful

Exploring Simpay's Competitive Compensation Plans

Written by Matt Wilkerson - VP Talent Acquisition | Jan 31, 2025 5:43:54 PM

Find out how Simpay's strong and adaptable compensation plans are crafted to welcome and keep the best talent in the payments industry.

The Core Principles Behind Simpay's Compensation Strategy

When you're on the hunt for a company to join in the payments industry, three key things to look for are integrity, compensation, and customer retention. Simpay really shines in all these areas!

Integrity is at the core of Simpay; we are always aiming to do the right thing Integrity creates a solid foundation for employees and customers.

Compensation is another big focus for Simpay. We know this is more than just a hobby for you, so we make sure your compensation plans are strong and competitive. 

Customer retention is a great sign of a company's overall health. Simpay is dedicated to building long-term relationships with customers, making lifetime residuals a real possibility for sellers.

Unique Advantages for Exceptional Sellers

Top-notch sellers have built strong bonds with their customers and need a company that will cherish these connections for a lifetime. Simpay totally gets this and makes sure their sellers won't lose accounts to unexpected rate hikes or extra fees. 

Simpay's size is another special perk. We're big enough to offer a full range of services to your customers, yet small enough to give personal attention to each seller. This perfect mix lets exceptional sellers flourish in a setting that truly values and supports their hard work.

Plus, you get to choose your compensation model, which means you get to determine your future!

Empowering the Average Seller: A Different Approach

In most companies, the majority of sellers are what you'd call 'average'—they might not have sky-high numbers on their own, but together, they're the heart and soul of the business. Sadly, many companies overlook these steady performers. But Simpay looks at this differently.

First off, Simpay keeps quotas low and instead provides you with multiple residual options, milestone bonuses, and commission bonus when you hit your monthly goals. How you're paid is really up to you on a per account basis. This way, you're motivated and encouraged, not pressured by unreachable targets.

Plus, you're vested right away. You build it, you'll see the benefits from Day One!

What New Employees Can Expect at Simpay

New team members at Simpay can look forward to an amazing level of support and plenty of opportunities. With the company’s dedication to integrity, competitive pay, and keeping customers happy, you’ll find a stable and fulfilling place to work.

I literally have something to offer for everyone out there. With full-time W2 sales roles, 1099 agent opportunities, and referral partnerships, I can help virtually anyone build passive residual income in a way that’s right for them.

Future Prospects and Opportunities with Simpay

Simpay is gearing up for an exciting growth journey, with the perfect team in place to make 2025 and beyond truly amazing. The company has laid a strong foundation and is all set to soar into the future, bringing fantastic opportunities for both current and new team members.

It's a great time to join Simpay.