[REPLAY] NEW Principal Compensation Hub Launch from Principal

Recorded 09/04/22 

Principal is excited to announce the rollout of a new pay and reporting platform, and we will be transitioning agencies to the Compensation Hub on Sept. 16. This new system will include significant enhancements over the previous platform, including:

• Creating flexibility for agencies to define different rates for Life products.
• Moving to a Total Gross Payout calculation model.
• Utilizing a powerful self-serve tool which offers you 3 options to view and download your compensation data
  • Interactive web application (Compensation Hub)
  • CSV file
  • PDF file
• Enhancing compensation reporting at a policy level, which again will help reconcile payments.