DMC Quotes? IC vs Employee? IC vs Independent?

About this episode

This episode discusses DMC quotes and the differences between hiring employees and independent contractors in the travel industry.

This week’s Friday 15, we're welcoming Lori Speers from KHM Travel Group! Let’s have some fun, plus some questions to discuss this Friday at 12 pm CST. Join us! Can you talk about the practice of DMCs presenting quotes in gross vs net commission, and is it preferred or acceptable to request one over the other? - Carrie I am a travel agent (since 2012) and own my own agency (since 2016). I am thinking of bringing on another agent and need to fully understand the differences and implications to both me as well as to the agent between me having this agent as an (a) employee, (b) and independent contractor, or (c) a subagent - Karen I am an IC with about 2 years in the business. I'm considering going out on my own because I'm not happy with my situation for many reasons. How do you know it's the right time to make this change? What do you see as the pros and cons of staying an IC and being independent? RESOURCES: What is a DMC in travel? https://hostagencyreviews.com/blog/what-is-dmc-destination-management-company What is a sub agent and is it right for you https://hostagencyreviews.com/blog/travel-sub-agent https://hostagencyreviews.com/blog/travel-lawyers…

People in this episode

Host: Host Agency Reviews

Guest: Lori Speers

Topics covered

• DMC quotes
• Independent contractors
• Travel agency management
• Employee vs contractor
• Travel industry insights

Keywords

• DMC
• travel agent
• independent contractor
• employee
• subagent
• travel agency
• commission

Mentioned in this episode

Organizations: KHM Travel Group

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