Upload
khuyen
View
29
Download
3
Tags:
Embed Size (px)
DESCRIPTION
Mannatech’s new enhanced compensation plan. 1. Why the need to enhance?. Mannatech pays out a total 42% in commissions and incentives. When looking at the compensation plan we found that there was some areas paying non-productive money. 2. So where was this money being rewarded?. - PowerPoint PPT Presentation
Citation preview
Mannatech’s new enhanced compensation plan
1
Why the need to enhance?
• Mannatech pays out a total 42% in commissions and incentives.
• When looking at the compensation plan we found that there was some areas paying non-productive money
2
So where was this money being rewarded?
• Team Bonus was being used as a targeted amount against product purchase price.
• This did not encourage business growth.
• Unilateral payments were not effectively paying on level 1-5
3
The compensation plan enhancements
Insert pic
4
Team Bonus
• A$90• Must Be Qualified 100PV• 600 GPV• No more than 65% and 390 GPV from one leg!
It’s simpler than before
5
By helping your team earn a Team Bonus you will earn a Team development bonus of A$12 as the first qualified upline.
Another A$12 is given to the second qualified upline.
Team Development Bonus
6
• A$90 Team Bonus • A$12 Team Development Bonus • A$75 Pack Bonus (Direct) (Multiple times) • 3% AO Bonus on amounts paid• A$400 Power Bonus (multiple times)
Earn right from the get go!
7
Organisational Income
**PV now on ALL packs**
Makes it easier to earn:
• Team Bonus
• Leadership
• Lifestyle Rewards
8
Immediate Income
• It pays more to be a Champion All Star Associate
• Enhancements to the Direct Bonus will mean higher bonuses to the enroller if you are a Champion All Star.
• The Direct Bonus is also paid to the 1st and 2nd generational up line leaders.
• Training certificate of A$20 in All Star packs
9
Summary of bonuses
10
Summary of bonuses
11
Lifestyle Bonuses
• Paid every BP to National Director level and above• Paid on top of all product and pack earnings
• ND A$400
• ED A$875
• PD A$2,000
12
13
14
Mannatech loyalty program
15
Loyalty Program
• Better rewards for loyal customers• We are now offering a 20% Loyalty Credit rather than a 10% discount • Associate pay wholesale price for all orders• Earn credits every 3 consecutive BP’s• Receive 20% credit of the total of those orders• No PV or APO is attached on loyalty credit orders • One Year Expiration
16
Your automaticorder
Your automaticorder
Your automaticorder
BusinessPeriod 1
BusinessPeriod 2
BusinessPeriod 3
• Total order value over 3 BPs worth A$600• 20% loyalty credit over 3BPs worth A$120• Applies towards getting a FREE product of equivalent dollar value
Note: product purchases using credits have no APO attached
Loyalty Program
17
Order value $200
Order value $200
Order value $200
Loyalty credit$40
Loyalty credit$40
Loyalty credit$40
Who is Automatically opted in to the new Loyalty Program ?
• All new Associates and members who join Mannatech from BP8
• All Associates who hold a leadership level of RD or above as at the start of BP8
• Anyone who has earned a Team Bonus in BP 6 or 7
continued……
19
Who is Automatically opted in to the new Loyalty Program ?
• Any Associate who earns a Team Bonus for the first time from BP8 onwards.
• Any Associate who becomes a leader for the first time from BP8 onwards.
• Any Associate who is not included in the above groups and who ceases to hold an AO as at or after BP8.
• Associates who do not fall in the above category need to choose to opt in
20
Summary
21