Terms & Conditions – Renewal Broker Commission Structure
Industrious offers increased broker commissions on eligible renewal deals as outlined below.
Eligibility Requirements
To qualify for the updated commission structure:
- The transaction must be a renewal
- The renewal must be for 25 seats or more
- The renewal term must be 12 months or longer
- The 25-seat minimum must be met within a single renewal transaction; multiple deals or agreements may not be combined to meet this threshold
Commission Structure
- 5% commission on the first 24 months of the renewed term
- 1% commission on any additional months beyond the first 24 months
Example: A 36-month renewal pays 5% on the first 24 months and 1% on the final 12 months.
Other Conditions
- Renewals under 25 seats remain eligible for our standard 2% commission on total contract value (TCV)
- This commission structure applies to transactions in North America only
- This structure applies exclusively to renewal transactions
- Commission payouts follow Industrious' standard payment timeline: net 30 days from the member's contract start date