COMPENSATION PLAN OVERVIEW
Transcription
COMPENSATION PLAN OVERVIEW
UNITED KINGDOM Effective 1st June, 2015 COMPENSATION PLAN OVERVIEW UK - ND - CP - 001 The ACN opportunity has been designed to help you build a business that can produce immediate and long-term income. As a new Independent Business Owner (IBO), you should set yourself a goal to learn the Compensation Plan in detail. The better you understand it, the better you will make it work for you. HOW YOU CAN EARN MONEY 1 RETAIL SALES 2 POSITIONS & QUALIFICATIONS BONUSES 3 Every new IBO starts as a Team Trainer (TT). To advance to an earned position, IBOs must meet the Personal Business Volume (PBV), Group Business Volume (GBV) and the Team Structure for that position. COMMISSIONS EARNED POSITIONS MINIMUM MONTHLY REQUIREMENT QTT PBV: Purchases of Products and Services by you or your customers. GBV: Your PBV plus the total PBV for all IBOs in your group. Team Structure QUALIFIED TEAM TRAINER ETT ETL EXECUTIVE TEAM TRAINER EXECUTIVE TEAM LEADER TC RD TEAM COORDINATOR RVP REGIONAL DIRECTOR SVP REGIONAL VICE PRESIDENT SENIOR VICE PRESIDENT £55 £75 £110 £150 £150 £180 £225 + + + + + + + £300 £750 £2,250 £9,000 £36,000 £110,000 £350,000 + + + + + At least one ETL or above in three separate legs (at any level) in your organisation At least one ETL or above in two separate legs of your organisation PLUS a third and a fourth leg with at least 1 TC or above At least one TC or above in two separate legs of your organisation PLUS a third and a fourth leg with at least 1 RD or above At least two QTTs in separate legs (at any level) in your organisation At least one ETT or above in three separate legs (at any level) in your organisation + ETL QTT You £75 PBV TC ETL ETT TC £750 ETL GBV You ETT You QTT TC You You RVP RD TC ETT RD TC You ETL At least one TC or above in three separate legs of your organisation PLUS a fourth leg with 1 RD or above and a fifth and a sixth leg with 1 RVP or SVP each ETL TC TC RVP RD For qualifications for TC and above: No more than 50% of the GBV can be from a single leg. To be promoted and paid at an earned position, you must meet the PBV, GBV and Team Structure requirements. Only GBV and Team Structure are required to maintain upline qualifications. Promotions can occur at any time. SUCCESS AS AN ACN INDEPENDENT BUSINESS OWNER IS NOT GUARANTEED, BUT DIRECTLY INFLUENCED BY AN INDIVIDUAL'S EFFORTS. NO ONE IS GUARANTEED INCOME AS AN IBO AND NOT ALL IBOs MAKE A PROFIT. ©2015 All rights reserved IBO Back Office Log on to the IBO Back Office for details on ACN’s monthly promotional bonuses. 1 UNITED KINGDOM Effective 1st June, 2015 COMPENSATION PLAN OVERVIEW UK - ND - CP - 001 All compensation as an IBO is based on the successful sale of ACN Products and Services. As an IBO, your goal is to build a personal customer base. You can also create a team that will extend your reach to new customers. As your personal customer base and that of your team grows, your earning potential increases. RETAIL BONUSES ON PRODUCTS You earn a Retail Bonus when your personal customers order products directly from ACN. The Retail Bonus is equal to the difference between the Retail Price and Wholesale Price. Please refer to the Product & Service Listing for prices. Retail Bonuses are paid monthly. COMMISSIONS You will earn monthly Commissions on the Product and Service customers that you personally acquire (from 1 June 2015). If you build a team, you can earn commissions on customer purchases of Products and Services in your team. A Commissionable Value (CV) is assigned to each Product and Service. See Product & Service Listing for details. Commissions are calculated as a percentage of the CV. Commissions are not paid on Product Packs. TT SERVICES Position TEAM TRAINER QUALIFIED TEAM TRAINER Personal Customers ETL EXECUTIVE TEAM TRAINER TC EXECUTIVE TEAM LEADER RD TEAM COORDINATOR RVP REGIONAL DIRECTOR SVP REGIONAL VICE PRESIDENT SENIOR VICE PRESIDENT If you are a TT or above, you will receive 20% of the CV on your personal customers' purchases of Services. Level 1 5% 5% 5% 5% 5% 5% 5% Level 2 2% 5% 5% 5% 5% 5% 5% 2% 5% 5% 5% 5% 5% Level 4 3% 5% 5% 5% 5% Level 5 2% 5% 5% 5% 5% 3% 5% 5% 5% 2% 4% 4% 4% 2% 2% 2% Level 3 PRODUCTS & SERVICES ETT QTT Level 6 Open Line starts at Level 1 Open Line* 1st Generation 2nd Generation 2% *Open line: An IBO's open line consists of all the IBOs in an organisation down to the next IBO at the same or higher earned position. SUCCESS AS AN ACN INDEPENDENT BUSINESS OWNER IS NOT GUARANTEED, BUT DIRECTLY INFLUENCED BY AN INDIVIDUAL'S EFFORTS. NO ONE IS GUARANTEED INCOME AS AN IBO AND NOT ALL IBOs MAKE A PROFIT. ©2015 All rights reserved COMMISSIONS FOR PRODUCTS ARE PAID THE FOLLOWING CALENDAR MONTH. COMMISSIONS FOR SERVICES ARE PAID UP TO THREE MONTHS IN ARREARS. 2 UNITED KINGDOM Effective 1st June, 2015 COMPENSATION PLAN OVERVIEW UK - ND - CP - 001 PRODUCT PACK BONUSES If an Independent Business Owner (IBO) in your team buys a Product Pack, you can earn a Product Pack Bonus. They are paid as a percentage of the assigned CV (see table below). OPEN LINE Product Pack Bonuses are earned when an IBO in your Open Line organisation (not under someone who has reached your earned position or above) purchases or sponsors someone who purchases a Product Pack. GENERATIONAL Product Pack Bonuses are earned when an IBO in your team (under someone who holds your earned position or above) purchases or sponsors someone who purchases a Product Pack. The amount you receive depends on your earned position and the earned position held by the IBOs between you and the IBO who purchases the Product Pack. Product Pack Bonuses are paid weekly. £300 £150 BUSINESS BUILDER PRODUCT PACK = £300 BV £220 CV ETT QTT ETL TC RD Earned Position SPONSOR / QUALIFIED TEAM TRAINER EXECUTIVE TEAM TRAINER EXECUTIVE TEAM LEADER TEAM COORDINATOR Open Line 20% 5% 10% 1st Generation ESSENTIAL PRODUCT PACK = £150 BV £110 CV RVP SVP REGIONAL DIRECTOR REGIONAL VICE PRESIDENT SENIOR VICE PRESIDENT 15% 7% 8% 5% 5% 4% 4% 5% 2% 2nd Generation EXAMPLE An ETL who directly sponsors an IBO who buys a Product Pack earns a 35% Product Pack Bonus. 35% as ETL = 10% ETL + 5% ETT + 20% Sponsor SUCCESS AS AN ACN INDEPENDENT BUSINESS OWNER IS NOT GUARANTEED, BUT DIRECTLY INFLUENCED BY AN INDIVIDUAL'S EFFORTS. NO ONE IS GUARANTEED INCOME AS AN IBO AND NOT ALL IBOs MAKE A PROFIT. ©2015 All rights reserved APPLICABLE TO SALES OF PRODUCTS AND SERVICES IN THE UNITED KINGDOM. 3