Southern Africa. Programme 2017/18

Transcription

1 Southern Africa Programme 20/ The presentation contains IP protected works; it is intended for ABOs use only; the content of the presentation should not be modified without the consent of Amway.

2 GOWTH INCENTIVE POGAMME (GIP) PEFOMANCE YEA (PY) 20/ BONUS INCENTIVES LEADE DEVELOPMENT 12% AND ABOVE ONE-TIME BONUS FO 12 OLLING MONTHS SOUTHEN AFICA GIP EMEALD AND DIAMOND UALIFICATION AND ANNUAL BONUSES TAVEL INCENTIVES NEW PLATINUM FOUM LEADESHIP TAINING SEMINA DIAMOND CONFEENCE 2

3 AMWAY COMPENSATION PACKAGE ATTACTIVE BUSINESS OPPOTUNITY % NEW ABOs % 12% - PLATINUM 800 3,000 One-Time 12M 27,300 LEADE DEVELOPMENT FOUNDES PLATINUM AND ABOVE 6,000 15,000 LEADE DEVELOPMENT 100 PPV 100 PPV 100 GPV % % % % % % Sales and Marketing Plan 3% - 21% KICK STAT Programme - etail Margin, Performance and Differential, Leadership, Foster and International Leadership, uby, Monthly Depth bonuses* New Platinum Seminar, Leadership Training Seminar* etail Margin, Performance and Differential, Leadership, Foster and International Leadership, uby, Monthly Depth bonuses Annuals, Founders Achievement Awards, One-Time Cash Awards Leadership Training Seminar, Diamond Conference 3

4 LEADE DEVELOPMENT (LD) MONTHLY bonus supporting EFFOT and rewarding GOWTH Once ABO finishes EP 1 to EP 4, or is eligible for he/she can no longer be eligible for lower EP. LD history for each ABO starts counting from September PPV % % % EANING PEIOD DUATION # OF PAYMENTS LD BONUS & MONTHLY UALIFICATION CITEIA EP 1 6 months 3 max % (2,400 GPV), 100 PPV, New 12%, 100 PPV, EP 2 12 months 6 max % (4,000 GPV), 100 PPV, ,000 % (7,000 GPV) 100 PPV, ,000, 100 PPV, EP 3 12 months 6 max - - EP 4 24 months 12 max ABO>=FPL PY2016/ ABO>=EME & ABOVE PY2016/ - unlimited Unlimited Start counting from the first month when LD payment is earned. **New 12% for LD is ABO who did not qualify higher than Performance bonus level since registration up to the end of previous PY. ***The bonus depends on ABO business development during PY 2014/15 and PY 2015/16 and may be either 6,000 or 3, % = min 2,400 Group PV (GPV), 15% = min 4,000 GPV, % = min 7,000 GPV. is a qualified Silver Producer month , 6-6-6, 9-6-6, and refers to in-market Personally or Foster sponsored legs with minimum monthly Performance bonus level criteria. 6,000,, ,000,,

5 LEADE DEVELOPMENT (LD) MONTHLY bonus supporting EFFOT and rewarding GOWTH EANING PEIOD 1: Once EP1 is over, ABO moves to EP2 and can earn from 1,500 to 3,000 PPV % % % 12% 800 1,500 Can earn a maximum of 3 payments in EP 1 within a 6 month earning period Earning Period 1 starts counting from the 1st month when LD bonus is earned 2,000 Within EP 1 ABO can earn any of the four available bonus types by meeting respective criteria Once maximum 3 payments are earned or 6 months period is over (whatever comes first) ABO moves to EP2 & can no longer earn 800 LD bonus First time qualifiers require a minimum of leg structure instead of All other criteria remain unchanged. 3,000 12% = min 2,400 Group PV (GPV), 15% = min 4,000 GPV, % = min 7,000 GPV. is a qualified Silver Producer month. 5

6 LEADE DEVELOPMENT (LD) MONTHLY bonus supporting EFFOT and rewarding GOWTH EANING PEIOD 2: Once EP1 is over, ABO moves to EP2 and can earn from 1,500 to 3,000 PPV % % % 15% 1,500 2,000 3,000 Can earn a maximum of 6 payments in EP 2 within a 12 month earning period Earning Period 2 starts counting from the 1st month when LD bonus is earned Within EP 2 ABO can earn any of the three available bonus types by meeting respective criteria Once maximum 6 payments are earned or 12 months period is over (whatever comes first) ABO moves to EP3 & can no longer earn 1,500 LD bonus 15% = min 4,000 GPV, % = min 7,000 GPV. is a qualified Silver Producer month. 6

7 LEADE DEVELOPMENT (LD) MONTHLY bonus supporting EFFOT and rewarding GOWTH EANING PEIOD 3: Once EP2 is over, ABO moves to EP3 and can earn from 2,000 or 3,000 PPV % % % 2,000 3,000 Can earn a maximum of 6 payments in EP 3 within a 12 month earning period Earning Period 3 starts counting from the 1st month when LD bonus is earned Within EP 3 ABO can earn any of the two available bonus types by meeting respective criteria Once maximum 6 payments are earned or 12 months period is over (whatever comes first) ABO moves to EP4 & can no longer earn 2,000 LD bonus % = min 7,000 GPV. is a qualified Silver Producer month. 7

8 LEADE DEVELOPMENT (LD) MONTHLY bonus supporting EFFOT and rewarding GOWTH EANING PEIOD 4: Once EP3 is over, ABO moves to EP4 and can earn 3,000 PPV % % % 3,000 Can earn a maximum of 12 payments in EP 4 within a 24 month earning period Earning Period 4 starts counting from the 1st month when LD bonus is earned Within EP 4 ABO can earn 3,000 by meeting respective criteria Once maximum 12 payments are earned or 24 months period is over (whatever comes first) ABO is done with EP1 - EP4 period payments and moves to EP5. is a qualified Silver Producer month. 8

9 LEADE DEVELOPMENT (LD) MONTHLY bonus/discount supporting EFFOT and rewarding GOWTH Once ABO finishes EP 1 to EP 4, or was eligible for he/she can no longer be eligible for lower EP. LD history for each ABO starts counting from September PPV % % % *Start counting from the first month when LD payment is earned. ***New 12% for LD is ABO who did not qualify higher than Performance bonus level since registration up to the end of previous PY. ****The bonus depends on ABO business development during PY 2014/15, PY 2015/16 and PY 2016/ and may be either 3,000; 6,000; 7,500 or 15,000. Once ABO was eligible for bonus from September 2016, he/she is not eligible for EP 1 to EP 4 throughout duration of LD. 12% = min 2,400 Group PV (GPV), 15% = min 4,000 GPV, % = min 7,000 GPV. is a qualified Silver Producer month , 6-6-6, 9-6-6, and and refers to in-market Personally or Foster sponsored legs with minimum monthly Performance bonus level criteria. 9

10 LEADE DEVELOPMENT (LD) - SUMMAY MONTHLY bonus supporting EFFOT and rewarding GOWTH LD BONUS PAYMENT YES/NO PPV % % % Earning Period Duration* # of payments 12% 15% % 21% EP1 6 months 3 max yes yes yes yes EP2 12 months 6 max no yes yes yes EP3 12 months 6 max no no yes yes EP4 24 months 12 max no no no yes 12% = min 2,400 Group PV (GPV), 15% = min 4,000 GPV, % = min 7,000 GPV. is a qualified Silver Producer month. 10

11 Comments LEADE DEVELOPMENT (LD) EANING PEIOD 1 TO 4 Starting with EP 1, an ABO can qualify for a 800, 1,500 or 2,000 or even 3,000 LD bonus! ABOs can start the next EP after they receive all payments or once the previous EP is over, whatever comes first. PY 2016/ PY 20/ MONTH JUN JUL AUG SEP OCT NOV DEC JAN FEB MA AP MAY JUN JUL AUG ABO<FPL PY2016/ EP EANING PEIOD 1 3 payments EANING PEIOD 2 6 payments LD bonus Earned 3 payments within 4 months over 2 PYs can start EP 2 from OCT 20 ualified for a higher payment in JUL 20 No time limit between Earning periods In JAN 20 entered 12 months of EP 2 Earned all 6 payments within 8 months ualified for higher payments in 4 months (Jan, May, Jun and Aug ) 11

12 PY 2014/15 PY 2015/16 PY 2014/15 PY 2016/ PY 2015/16 PY 2016/ PY 20/ LEADE DEVELOPMENT EANING PEIOD 5 GOW, EUALIFY, DECEASE refers to change in PIN level ABOs who grow or requalify in PY 2016/ vs PY 2015/16 are eligible for a full bonus in PY 20/. ABOs decreasing in level for the first time since PY 2014/15 will be eligible for of the bonus for the whole PY 20/, unless they are able to grow in PIN within PY 20/*. ABOs decreasing in level for the second year in a row since PY 2014/15 will be eligible for no LD bonus for the whole PY 20/, unless they are able to grow in PIN within PY 20/ *. PY 20/ SEP OCT NOV DEC JAN FEB MA AP MAY JUN JUL AUG PL FPL EM EM FPL FPL FPL FPL DI DI EM EM FDI DI EM DI DI * In case of a drop in PIN level, if the # of months coming from Personal, Foster or International legs is maintained or increased, the PIN drop will be disregarded. Maximum 12 months count from one leg within a PY. 12

13 PY 2015/16 PY 2016/ 27,300 ONE-TIME BONUS FO 12 OLLING MONTHS EVEYTHING COUNTS! OT 12M is for ABOs who finish PY 2016/ below Founders Platinum level and have 12 olling months! olling s start counting from PY 2016/ Move to LD right away! PY 20/ SEP OCT NOV DEC JAN FEB MA AP MAY JUN JUL AUG GP 4 EP 1* EP 1 EP 1 EP 2 EP 2 EP 2 EP 2 12 FPL *ABO starts his EP 1 in October 20, provided he did not qualify for any LD bonus in PY 2016/. 13

14 LEADESHIP TAINING SEMINA (LTS) UALIFICATION CITEIA All LTS qualifiers are required to pass the Platinum Certification ualified Emeralds and above are automatically qualified for the LTS Number of LTS ualifications Volume Criteria Option First Time* Second Time Third Time and Beyond** Personal New Sponsored Volume*** (PNSV) Group New Sponsored Volume**** (GNSV) Option 1 5,000 Option 2 Eight (8) Ten (10) ualified Founder s ualified months Months Platinum 2,000 20,000 Option 3 40,000 First time qualification to the LTS means that your last LTS qualification was in the PY 2011/12. ABO s who qualified for the first time with 6 in PY16/ will be considered as first timers for the PY/ LTS by fulfilling the 8M and NSV criteria. ** Volume Equivalency (VE) will apply achieve a minimum of 10 qualified months with 120,000 total PV. Total PV includes personal PV as well as PV from ALL downline ABOs. NB: The above applies to LTS only and not for Founders Platinum recognition and not for GIP rewards. *** PNSV is volume generated by your newly sponsored, frontline ABOs, and any volume generated by them in their downline organization during the PY 20/. **** GNSV is all volumes in the group (including Silver and Gold Producers, excluding downline Platinum ABOs) which are produced by the new sponsored ABOs during the PY 20/. 14

15 TEMS AND CONDITIONS The terms of the GOWTH INCENTIVE POGAMME may be revoked, cancelled, modified or conditioned by Amway at any time, at its sole discretion. Prior to approving qualification, Amway may track and verify volumes leading to ABO s qualification throughout the period of qualification and up to and including the time the award or bonus/discount is to be disbursed to ensure that the qualification is earned in accordance to the Amway ules of Conduct and Amway Policies, which can be found under ( This website also includes the Amway Principles on ualification document, providing information regarding how the Amway ules of Conduct are enforced. In addition to the performance criteria and adherence to the Amway ules of Conduct, ABOs must be in good standing and not in breach of their ABO contract with Amway throughout the period of qualification and up to and including the time the award or bonus/discount is to be disbursed. Amway may adjust the Growth Incentive Programme components considering the market situation at any time, at its sole discretion. The participation in the LTS, DC or any other incentive event requires the fulfilment of the relevant qualification criteria and is at the sole discretion of Amway upon written invitation prior to the event. All income amounts mentioned in this document are earned bonus amounts without VAT*. Please refer to the eference Guide and Your uestions Answered Documents for more specifics. These are binding documents for GIP 20/. The possible minimum duration of this GIP is until the end of PY 20/, if it generates the expected benefits. 15