Compensation Plan Overview. Page-1

Transcription

1 Compensation Plan Overview Page-1 º

2 RemeVerse Compensation Plan Overview When you join RemeVerse as an Independent Business Owner (IBO) the opptunity is open to you to gain financially through 10 profit centers. You advance in Rank by growing your own RemeVerse business through marketing RemeVerse Products, developing and managing your downline ganization and expanding your business to high levels of achievement as an xecutive. 10 Ways To arn Income arketing RemeVerse Products (1) Beginning Retail Commission (2) nhanced Personal Retail Volume Commission (3) Preferred Customer Commission Starting Your Business anaging Your Organization (4) nroller First Order Bonus (5) ega-level Residual Bonus (6) Bonus (7) anagement Generation Bonus Achieving xecutive Status (8) xecutive nroller atching Check Bonus (9) Bonus (10) xecutive Generation Bonus Complete the Independent Business Owner Application and Agreement Fm Purchase your Independent Business Owner (IBO) Starter Kit f $ Or purchase the optional Fast Start Pack ($499.95) and receive your IBO Starter Kit f FR. A R K T IN G 1 Beginning Retail Commission This is the base commission available to all IBOs f all purchases. an Independent Business Owner ders merchandise from the Company, they will automatically receive this commission in the fm of a discount. If one of their customers ders through their website, the Company will rebate the commission to them. 2 nhanced Personal Retail Volume Commission You begin each month with a base commission of. you purchase your RemeVerse Starter Kit, you may begin earning nhanced Personal Retail Volume Commissions. Page-2 When your cumulative Personal Retail Volume (PRV) reaches $500 in a calendar month, you become eligible to receive a higher commission. on your total PRV, you can increase your total retail commission epending on your personal sales to 25% even 30%. P H AS nhanced Personal Retail Volume Commissions Personal Retail Volume (PRV) Or Group Retail Volume (GRV) In current month $1 to $499 PRV $500 to $999 PRV $1,000 PRV me $4,000 GRV me PRV Commissions arned Base Commission 5% paid monthly 10% paid monthly

3 3 Preferred Customer ifferential Commission customers may choose to join our Preferred Customer Program free Your just by registering online through the website of any authized IBO. Preferred Customer (PC) Club member receives a 10% discount on ach product purchases when subscribed to a Bi-onthly Autoship of any products including the RemeVerse Skincare System $250 retail value f $180 (PC Price). also receive periodic product specials available only to PC Program PCs members and IBOs. you enroll customers in the PC Club, you will receive the difference between their 10% discount and your commission. That is a 10% retail commission on ongoing ders from your PCs with RemeVerse servicing your customer f you. the retail value of your PC s der will be added to your Retail sales Also, volume to increase your nhanced Commission. You may qualify to receive an additional 5% up to 10% nhanced Retail Commission. That is a potential of of retail on the ders placed by your PCs. A N A G N T 4 nroller First Order Bonus will earn a special 2 nroller First Order Bonus on your enrolled You IBO s first wholesale der. when the IBO that you personally enrolled (your Level 1) enrolls Similarly, another IBO (Your Level 2), you can also earn a 10% BV nroller First Order Bonus on their first der. the IBO that your Level 1 enrolls (your Level 2) enrolls another IBO (your Level 3), you can also earn a nroller First Order Bonus on their first der. 5 P H A S nroller First Order Bonus Become an Independent Business Owner arn 1st Order Bonus on IBO 1st ders up to $ (Same as Fast Start Pack) Level 1 2 Level 2 10% BV Level 3 ega-level Bonuses ega-level Bonuses you introduce others to the RemeVerse business opptunity, you can earn bonuses on their ongoing sales. helping the people you recruit build their teams, you help them become By successful while you build depth in your ganization. compensates you f building depth by paying you through up RemeVerse to 3 Levels of IBO sales volume in your ganization. you recruit someone, that person is your Level-1. When that person recruits someone, the new IBO becomes your Level-2, and so on. will be paid on up to three levels of IBOs accding to the rank you You have earned. Become an Independent Business Owner Qualifications Be : Option 1: $300 PBV Option 2: $160 BV Bi-onthly Autoship eeting Qualification in one month automatically prequalifies you f the next consecutive month. Retail(Combination Commission of Base Commission and nhanced Commission) Level 1 Retail Commission BV up to 30% BV ega-level Bonuses (IBO, Business Builder, anager and higher ranks) (Business Builder, anager and higher ranks) Level 2 Level 3 (anager and higher ranks) Page-3 Bonus arned (No other Bonuses paid on this First Order)

4 ega-level and anagement Generation Bonuses Imptant efinitions Independent Business Owner Business Builder Purchase IBO Starter Kit ($49) FR with purchase of Optional Fast Start Pack ($499.95) Be 2 Level-1 IBOs (IBO) 1. Create a minimum of $300 PBV during a calendar month based on a combination of customer ders and personal ders. You will be considered f the qualification month and the next consecutive month f achieving various bonuses on your downline distributs. 2. Or, optionally subscribe to a Bi-onthly Autoship of the RemeVerse SkinCare System ($160 BV) and be considered f the qualification month and the next consecutive month Bonus Volume (PBV): The accumulated Bonus Volume Personal of all products purchased by you and your retail customers during a given pay period are combined to determine your Personal Bonus Volume (PBV) f that pay period. Group Bonus Volume (TGBV): The total PBV created by all Total your downline IBO s through unlimited depth is totaled to deter- Level 1 mine your Total Group Bonus Volume. It is usually subject to the 40% 60% rule. Level-2 Rule: As it pertains to Team Leaders and irects, no me 60% than 60% Total Group Bonus Volume (TGBV) may be applied from Be 4 Qualified Legs with 1 leg a Qualified anager Be with 1 leg a Qualified anager and 1 Leg a Qualified Team Leader () To aintain Value. However, occasionally a low profit margin product may be assigned a BV that is lower than 80% so it can be suppted by the compensation plan. Leg: A Qualified Leg is a leg that contains an IBO Qualified somewhere in the depth of the Leg. Be 3 Qualified Legs Be aintain 3 Qualified Legs $1,000 TGBV Be aintain 2 Level-1 IBOs $500 TGBV Volume (BV): very RemeVerse product carries an Bonus assigned Bonus Volume (BV) usually 80% of Suggested Retail enrolls are your third level, etc. irect () () To Qualify : There are two different ways of being considered. The people you personally enroll are your first level. The Level: ones they enroll are your second level. The ones your second level Team Leader anager (BB) Level 3 Be aintain above structure $2,500 TGBV Be aintain above structure $5,000 TGBV 60% Rule applies 60% Rule applies Retail Commission NA 3% PGBV 3% GBV 4% PGBV 4% GBV 4% GBV 5% PGBV 5% GBV 5% GBV 5% GBV NA NA nhanced Retail Commission ega-level Bonuses anagement Generation Bonuses Generation 2 Generation 3 any one Leg f the purpose of meeting this qualification. Page-4

5 Understanding Generations You As A anager () 6 Bonus a anager you may begin to qualify f the Bonus -- a 3% Personal Group Bonus Volume (PGBV) bonus on your entire Personal Group. Personal Group includes the personal BV of every PC, IBO and Your Business Builder (BB) in your ganization to unlimited depth until 3% GBV 3% PGBV reaching another anager higher ranked person. earn 3% PGBV, Team Leaders 4% PGBV and irects 5% anagers PGBV. You As A Team Leader () 7 anagement Generation Bonus 4% PGBV you advance to the ranks of anager, Team Leader and irect, you become eligible to earn 3% GBV up to 5% GBV from 3 additional levels of anager Generations. When you become a anager and an IBO in your downline becomes a anager that new anager exits your and becomes your 1st anager Generation and you receive a 3% anager Generation Bonus Volume (GBV) bonus on that anager higher rank s personal GBV. 4% GBV 4% GBV Generation 2 earning the rank of Team Leader your generation bonus increases to Upon 4% GBV on your 1st Generation anager higher rank person. When your 1st Generation anager higher rank person has someone in his/her group who becomes a anager that person becomes your 2nd Generation and you will also receive 4% GBV on that anager s PGBV. Upon earning the rank of irect your anagement Generation bonus will increase to 5% GBV on your 1st and 2nd Generation anager higher rank person. your 2nd Generation anager higher rank person has someone in his/her group who becomes a anager that person becomes your 3rd Generation and as long as you have been promoted to the rank of irect, you receive 5% GBV generation bonus on this 3rd generation. Generation bonuses are paid to unlimited depth in each generation until another anager higher rank is found. This continues down to the maximum number of three Generation levels. You As A irect () 5% PGBV 5% GBV 5% GBV 5% GBV Generation 2 Page-5 Generation 3

6 X C U T IV P H A S xecutive Generation, Check atching and Lifestyle Bonuses Imptant efinitions Rule: As it pertains to xecutives higher titled people, no 40% me than 40% Total Group Bonus Volume (TGBV) may be applied xecutive () from any one Leg f the purpose of meeting this qualification. (R) National xecutive (N) 1 Qualified anager, 2 Qualified xecutives 3 Qualified xecutives 4 Qualified xecutives 1 Qualified Team Leader and 1 Qualified irect even if they do not meet the bonus qualifications. However, they are PAI AS the rank at which they meet bonus qualifications f the pay period. The term Compression is used to describe the Compression: tempary condition that occurs when someone fails to meet the maintenance requirements f a particular pay period. The product BV then Compresses past all IBOs who are not qualified at above the breakaway rank in the downline until it has satisfied its payout requirements with qualified IBO levels. To aintain xecutive nroller atching Check Bonus you reach the position of xecutive, you will be eligible f xecutive atching Check Bonuses based on the total monthly bonus aintain above $200,000 TGBV 5% nrolled IBOs The bonus is paid on your downline anager, Team Leader, and This irect s anager Generation Bonus Volume to unlimited depth until aintain above $150,000 TGBV Check atch (determined by your rank) on your personal nrollee s checks. an xecutive you begin to qualify f a 2% Bonus called Leader Generation Bonus Volume (LGBV). aintain above $75,000 TGBV long as you personally achieve and maintain the position of xecutive higher, you will qualify f an nroller atching Bonus of 5% up to Bonus aintain above $25,000 TGBV xecutive nroller atching Check Bonus check earned by every IBO of any rank that you have personally enrolled since you began as an IBO. 9 () Regional xecutive To Qualify As Rule: IBOs that have earned a rank title designation Paid through their sales perfmance will retain those titles indefinitely 8 istrict xecutive xecutive xecutive Generation 2 10% Check atch nrolled IBOs 15% Check atch nrolled IBOs xecutive Generation Bonus xecutive Generation 3 xecutive Generation 4 Check atch nrolled IBOs reaching another xecutive higher ranked person. Page-6

7 Understanding xecutive Generations You As An xecutive () 10 xecutive Generation Bonus you advance in the xecutive Ranks you can earn from 4 additional xecutive Generation levels. xecutive an irect in your downline becomes an xecutive, that new xecutive exits your and becomes your 1st xecutive Generation and you begin receiving a 3% xecutive Generation bonus on that xecutive s total Leader Generation BV. This volume is known as xecutive Generation Bonus Volume (GBV). up to 3 me xecutive Generation levels may be created as Additionally, people in your downline advance in rank. (There is no limit to the number of xecutive Generations on each Generation level.) You As A istrict xecutive () xecutive xecutive Generation 2 You As A National xecutive (N) N R xecutive xecutive xecutive Generation 2 xecutive Generation 3 xecutive Generation 4 Page-7 You As A Regional xecutive (R) xecutive Generation 2 xecutive Generation 3