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Note : Data for Aug is from 1st – 15th August 2010
TitleQuarterly Incentive B2C , Commodity & Currency
RMsw.e.f. July 12
Note : Data for Aug is from 1st – 15th August 2010
RM Incentive Structure
Productivity Parameters Incentive StructureUpto 16X ZERO16X – 18X 3% of Incremental18X – 20X 5% of Incremental
20X and Above 7% of Incremental
Complete Online dealers
Productivity Parameters Incentive StructureUpto 7X ZERO7X – 9X 3% of Incremental
9X – 11X 5% of Incremental11X and Above 7% of Incremental
Complete Offline dealers
Note : Data for Aug is from 1st – 15th August 2010
Terms & Conditions…
1. The 1st Incentive Structure is for the RM which has only OFFLINE dealers mapped to them.2. The 2nd Incentive Structure is for the RM which has only ONLINE dealers mapped to them.3. For RMs who have both OFFLINE as well as ONLINE dealers mapped to them , expectation of Productivity increases by 1x with each ONLINE dealer. 4. The dealers of same department as that of RM would be considered.5. No Minimum Activation % is Required for Incentives6. RMs personal Revenues will be counted in overall Revenues7. Productivity will be calculated with Total Team Cost including RM’s.8. The respective NCFM exam needs to be cleared for qualifying for incentives
Note : Data for Aug is from 1st – 15th August 2010
Example for RM Incentives…
No. of Offline IA’s No. of Online IA’s
Productivity Incentive
4 2 Up to 9X9X – 11X
11X – 13XAbove 13X
Zero3 % of Incremental5 % of Incremental7 % of Incremental
1 3 Up to 10X10X – 12X12X – 14XAbove 14X
Zero3 % of Incremental5 % of Incremental7 % of Incremental
Note : Data for Aug is from 1st – 15th August 2010
Note : Data for Aug is from 1st – 15th August 2010
Note : Data for Aug is from 1st – 15th August 2010
Incentive for In Active Clients
Terms & Conditions:
• Brokerage of the first trade date would only be considered
• Dealers need to clear the NCFM exam for this incentive component
•This incentive would be paid on Quarterly basis
Note : Data for Aug is from 1st – 15th August 2010
Note : Data for Aug is from 1st – 15th August 2010
New Client Acquisition Incentive w.e.f. 01st April 2012
Expected Rev/Client INCENTIVE
FO COMM CURR FO COMM CURR
25K-50K 600 1250 250 1500 1700 750
50K-1Lac 1200 2500 500 2500 3000 1250
>=1 Lac 1800 5000 1000 4000 4500 2000
Note : Data for Aug is from 1st – 15th August 2010
1. No incentive will be paid for the clients acquired in ONLY CASH Segment.2. The Margin should be in Cash and not Collaterals. 3. Margin should be deposited in the Respective segment only.4. Brokerage Requirement is from the Respective Segment where the Incentive is Claimed5. Brokerage Requirement is within 1 Month of the Acquisition6. If a Client Comes with CURRENCY as an additional Segment along with FO or Commodity then applicable slab wise incentive will be paid7. If a Client comes only in Currency Segment then slabs of FO will be applicable.8. Incentive slab for new acquisition and Cross Sales is same.9. Client AQ, Cross sell & Prepaid incentives would be paid monthly.10. Margin amount and/or Prepaid voucher request received in first 15 days would be considered.
Terms & Conditions…
Note : Data for Aug is from 1st – 15th August 2010
Incentive For Client Acquisition
Expected Rev/Client INCENTIVE
FO COMM CURR FO COMM CURR
25K-50K 600 1250 250 1500 1700 750
50K-1Lac 1200 2500 500 2500 3000 1250
>=1 Lac 1800 5000 1000 4000 4500 2000
Voucher Amount Incentive Amount
Rs 25000 1500
Rs 50000 - Rs 75000 2500
Rs 1L & above 4000
Whichever is Higher
Note : Data for Aug is from 1st – 15th August 2010
Note : Data for Aug is from 1st – 15th August 2010
Thank You
This report is for information purposes only and does not construe to be any investment, legal or taxation advice. It is not intended as an offer or solicitation for the purchase and sale of any financial instrument. Any action taken by you on the basis of the information contained herein is your responsibility alone and Angel Broking and its subsidiaries or its employees or directors, associates will not be liable in any manner for the consequences of such action taken by you. We have exercised due diligence in checking the correctness and authenticity of the information contained herein, but do not represent that it is accurate or complete. Angel Broking or any of its subsidiaries or associates or employees shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this publication. The recipients of this report should rely on their own investigations. Angel Broking and/or its subsidiaries and/or directors, employees or associates may have interests or positions, financial or otherwise in the securities mentioned in this report.