fgxpress - Kevin O'Connor

The FGXpress Compensation Plan is a global seamless plan that guarantees an industry- leading 62% regular payout and an 87%. FastStart payout* on ...

14 downloads 607 Views 3MB Size
FGXPRESS

C O M P E N S A T I O N

P L A N

FGXPRESS Compensation Plan

FGXPRESS COMPENSATION PLAN The FGXpress Compensation Plan is a global seamless plan that guarantees an industryleading 62% regular payout and an 87% FastStart payout* on commissionable volume! Our weekly pay plan and low monthly QV/ CV requirements make it easy to be quickly and handsomely rewarded for your business building efforts. *FastStart Bonus not paid on certain products.

FGXPRESS Compensation Plan

SEVEN WAYS TO EARN • Retail Rebate • Get 2 & 1 For You • 25% FastStart Bonus • X-Tribe Bonus • 12% Team Bonus (up to $20,000 USD weekly) • Matching Bonus Pool (four generations compressed) • Rank Advancement Bonus (up to $43,500 USD Total)

FGXPRESS Compensation Plan

RETAIL CUSTOMER PROFITS

EXAMPLE:

RETAIL REBATE

When you become a Member, you are automatically provided with personalized business website(s)* where retail customers can order products directly. Each time your retail customer places an order, you earn the difference between the retail price and the Member direct price of each product.

A retail customer purchases an item that costs $39.95 USD at retail pricing. The same item is only $29.95 USD at Member direct pricing. You automatically earn the difference of $10.00 USD.* *Product pricing differs based on product and market.

Volume associated with retail purchases will count toward your personal qualification. If you are already qualified with a personal purchase of 100 QV/CV or more, the volume will be added to your pay leg for the period. *There is a monthly website maintenance fee of $1.00 USD for all Members.

SEVEN WAYS TO EARN RETAIL CUSTOMER PROFITS

GET 2 & 1 FOR YOU

25% FASTSTART BONUS

X-TRIBE BONUS

TEAM BONUS

MATCHING BONUS

RANK ADVANCEMENT

CASH BONUS

FGXPRESS Compensation Plan

GET 2 & 1 FOR YOU Preferred Customers are retail customers who choose to make their health a habit by setting up a recurring order for automatic shipment every 28 days. When your Preferred Customers have an active Autoship status, they can enjoy reduced pricing on certain products and you can earn free products! Simply have an active Autoship of 100 QV/CV and get two Preferred Customers who each have an order of a product or pack that is eligible for the Get 2 & 1 For You Bonus, and we will send you the same product they ordered for free! Every time you have two Preferred Customer orders, you will receive your free product. There is no limit to the number of Preferred Customers and free products you can earn! *The Get 2 & 1 For You bonus program is only available with Preferred Customer purchases of designated products and/ or packs. Two eligible Preferred Customer orders must be placed during the same four-week period in order to receive your free product and/or pack. Get 2 & 1 For You participation varies by market. In participating markets, if your two Preferred Customers each purchase different products/ packs that are eligible for the Get 2 & 1 For You Bonus, you will receive your free product(s) based on the order with the lesser dollar value. Please note the free product(s) you earn as part of the Get 2 & 1 For You program will replace of any additional retail rebate(s) otherwise earned by Preferred Customer orders.

SEVEN WAYS TO EARN RETAIL CUSTOMER PROFITS

GET 2 & 1 FOR YOU

25% FASTSTART BONUS

X-TRIBE BONUS

TEAM BONUS

MATCHING BONUS

RANK ADVANCEMENT

CASH BONUS

FGXPRESS Compensation Plan

25% FASTSTART BONUS Action: Share the ForeverGreen products with new people who become Members.

EXAMPLE: This period, you enrolled 4 Members on 100 QV/CV each.

Bonus: 25% of the QV/CV from all new Member product purchases* in their first four commission periods.

25% of 100 QV/CV = $25 USD $25 USD x 4 new Members = you earn $100 USD!

Personal Requirements: 50 QV/CV Frequency: Earn this bonus every time* your new Member places an order within their first four commission periods. What makes us different?

FGXpress designates certain packs that are available only to new Members during their first four commission periods. These packs are designed to pay out the full 62% of commissionable volume plus another 25% for the FastStart bonus, ensuring an 87% payout on commissionable volume from all orders made by new Members within their first four commission periods. *Please note that certain products are not eligible for FastStart earnings, even if they are purchased during a new Member’s FastStart period.

TERMS TO KNOW

MEMBER

Anyone who has paid the $12 USD Membership fee and can therefore purchase products at Member direct pricing.

SEVEN WAYS TO EARN RETAIL CUSTOMER PROFITS

GET 2 & 1 FOR YOU

25% FASTSTART BONUS

X-TRIBE BONUS

TEAM BONUS

MATCHING BONUS

RANK ADVANCEMENT

CASH BONUS

FGXPRESS Compensation Plan

X-TRIBE BONUS

Qualifying for the X-Tribe Bonus is the best first step you can take toward earning the maximum amount in the FGXpress compensation plan. It was designed so that when earned, it satisfies the amount required for your personal qualification. Action: Simply help a minimum of four Personally Enrolled Members (PEMs) enlist on your first level. Then, help your PEMs also enlist more Members so the total commissionable volume on your first two levels is 1000 QV/CV (with a maximum of 100 QV/ CV per Member) within the same four periods. Bonus: $200 USD or $100 USD, depending on personal requirements. Personal Requirements: 100 QV/CV to earn $200 USD or 50 QV/ CV to earn $100 USD. Frequency: This bonus can be earned once every four periods. 100 QV

100 QV 100 QV

100 QV

YOU

100 QV

Earn double the bonus with the FastTrack X-Tribe Bonus*! Action: Enlist a minimum of five PEMs on your first level who each have an order of 100 QV/CV, and help them enlist a minimum of five additional Members who also each have an order of 100 QV/CV so that you have a total of 1000 group volume on your first two levels. Quick tip: Enlist five new Members and help each new Member enlist at least one new Member.

Bonus: $200 USD X-Tribe Bonus + $200 USD for the FastTrack X-Tribe Bonus for a total of $400 USD! Personal Requirements: Complete the above action within your first four periods and have an active Autoship of at least 100 QV/CV.

100 QV 100 QV

FASTTRACK X-TRIBE BONUS

1000 QV

Frequency: You must qualify for the FastTrack X-Tribe bonus within the first four periods of your Membership to earn the FastTrack X-Tribe Bonus.

100 QV 100 QV

100 QV

100 QV 100 QV

SEVEN WAYS TO EARN RETAIL CUSTOMER PROFITS

GET 2 & 1 FOR YOU

25% FASTSTART BONUS

X-TRIBE BONUS

TEAM BONUS

MATCHING BONUS

RANK ADVANCEMENT

CASH BONUS

FGXPRESS Compensation Plan

TEAM BONUS

EXAMPLE:

Action: Build your Placement Tree legs. The beauty of a twolegged Placement Tree is how fast it can grow!

This period, you are active with 100 OV.

Bonus: Earn 8% to 12% of your total small leg commissionable volume. Personal Requirements: • 100 QV/CV to earn 12%, or 50 QV/CV to earn 8% • Have at least one active PEM in your left leg, and one active PEM in your right leg • A minimum total of 500 QV/CV on your small leg for the period Frequency: Earn this bonus every period you qualify! What makes us different?

ForeverGreen pays up to 12% on your smaller leg commissionable volume. This bonus has a weekly maximum payout of $20,000 USD. Any unpaid volume on your smaller leg will roll to the next period. 100 QV 100 QV

YOU

100 QV 100 QV 100 QV

50 QV=8%

Your left leg has 10,000 OV, and your right leg has 12,000 OV. You have at least one active PEM in each leg. Your Team Bonus for this period will be 12% of your smaller leg. 10,000 OV X 12% = $1,200 USD Then, the right leg will begin the new week with 2,000 OV, which was the difference between the two legs before paying the Team Bonus.

100 QV=12%

100 QV

100 QV

$

100 QV

SEVEN WAYS TO EARN RETAIL CUSTOMER PROFITS

GET 2 & 1 FOR YOU

25% FASTSTART BONUS

X-TRIBE BONUS

TEAM BONUS

MATCHING BONUS

RANK ADVANCEMENT

CASH BONUS

FGXPRESS Compensation Plan

MATCHING BONUS Action: Develop leadership within your Enrollment Tree. Bonus: Earn a percentage of the Team Bonuses earned by your PEMs on your first, second, third, and fourth compressed levels. Personal Requirements: Rank of 2-Star or higher. Frequency: Earn this bonus every period that you and your PEMs meet the qualifications. There is no limit to the number of PEMs in each level on whom you can earn a Matching Bonus! However, your Matching Bonus cannot exceed your smaller leg’s volume. What makes us different? The Matching Bonus is a pool. Every week, based on sales, ForeverGreen will pay out 25% on the FastStart Bonus and up to 62% on all other bonuses. The system first calculates what is owed on the FastStart, X-Tribe, FastTrack X-Tribe, Rank Cash and Team bonuses and pays them. All amounts not paid out will become part of the Matching Bonus Pool. The amount you earn in the Matching Bonus Pool is dependent upon your rank and the Team Bonus(es) earned by your PEMs.

YOU LEVEL 1 50% LEVEL 2 25% LEVEL 3 15% LEVEL 4 10%

100%

SEVEN WAYS TO EARN RETAIL CUSTOMER PROFITS

GET 2 & 1 FOR YOU

25% FASTSTART BONUS

X-TRIBE BONUS

TEAM BONUS

MATCHING BONUS

RANK ADVANCEMENT

CASH BONUS

FGXPRESS Compensation Plan

MATCHING BONUS HOW DOES IT WORK? Depending on your rank, you can earn a percentage of your PEMs’ Team Bonus(es). All shares you receive will be added up to determine the value of the Matching Bonus for you in the current period. The actual payout amount will vary period to period. On top of this, we also apply dynamic compression to the Matching Bonus! With this added benefit, qualifiers receive even more shares of the Matching Bonus Pool. EXAMPLE: You enroll Member A. In a given period, Member A earns $1,000 USD on the Team Bonus, and your rank qualifies you for up to a 50% Matching Bonus. In this case, your number of shares in the Matching Bonus Pool would be 500. MATCHING BONUS PAYOUT RANK

2-STAR

3-STAR

4-STAR

5-STAR

6-STAR

7-STAR

ALL-STAR

LEVEL 1

UP TO 25%

UP TO 50%

UP TO 50%

UP TO 50%

UP TO 50%

UP TO 50%

UP TO 50%

UP TO 10%

UP TO 10%

UP TO 10%

UP TO 15%

UP TO 25%

UP TO 25%

UP TO 10%

UP TO 10%

UP TO 10%

UP TO 10%

UP TO 15%

UP TO 10%

UP TO 10%

UP TO 10%

UP TO 10%

LEVEL 2

LEVEL 3

LEVEL 4

SEVEN WAYS TO EARN RETAIL CUSTOMER PROFITS

GET 2 & 1 FOR YOU

25% FASTSTART BONUS

X-TRIBE BONUS

TEAM BONUS

MATCHING BONUS

RANK ADVANCEMENT

CASH BONUS

FGXPRESS Compensation Plan

RANK ADVANCEMENT CASH BONUS What makes us different?

If you skip over a rank as you advance, you can still receive the bonus(es) associated with the ranks you skipped by meeting the qualifications for those rank(s) in future weeks. Rank bonuses will only be paid once per rank.

RANK ADVANCEMENT CASH BONUS RANK

REACH IT ONCE, GET THE RANK

STAR

• Minimum 50 QV/CV Personal Volume • One PEM on your left leg, and one PEM on your right leg

RISING STAR

• Minimum 50 QV/CV Personal Volume • One Star on your left leg, and one Star on your right leg

REACH IT TWICE, GET THE CASH

1-STAR

• Minimum 50 QV/CV Personal Volume • 500 QV/CV in pay leg volume during a single period

2-STAR

• Minimum 50 QV/CV Personal Volume • 3,000 QV/CV in pay leg volume during a single period • Minimum of two PEMs ranked 1-Star or higher

3-STAR

• Minimum 50 QV/CV Personal Volume • 6,000 QV/CV in pay leg volume during a single period • Minimum of three PEMs ranked 1-Star or higher

$500 USD One-time bonus

4-STAR

• Minimum 50 QV/CV Personal Volume • 15,000 QV/CV in pay leg volume during a single period • Minimum of four PEMs ranked 1-Star or higher

$1,000 USD One-time bonus

5-STAR

• Minimum 50 QV/CV Personal Volume • 30,000 QV/CV in pay leg volume during a single period • Minimum of five PEMs ranked 1-Star or higher

$2,000 USD One-time bonus paid out over two payments. Each payment requires the rank to be achieved two out of the four most recent qualifying periods since the last Rank Cash Bonus payment.

6-STAR

• Minimum 50 QV/CV Personal Volume • 50,000 QV/CV in pay leg volume during a single period • Minimum of six PEMs ranked 1-Star or higher, including two PEMs ranked 2-Star or higher

$5,000 USD One-time bonus paid over four payments. Each payment requires the rank to be achieved two out of the four most recent qualifying periods since the last Rank Cash Bonus payment.

7-STAR

• Minimum 50 QV/CV Personal Volume • 150,000 QV/CV in pay leg volume during a single period • Minimum of seven PEMs ranked 1-Star or higher, including three PEMs ranked 3-Star or higher

$10,000 USD One-time bonus paid over four payments. Each payment requires the rank to be achieved two out of the four most recent qualifying periods since the last Rank Cash Bonus payment.

ALL-STAR

• Minimum 50 QV/CV Personal Volume • 250,000 QV/CV in pay leg volume during a single period • Minimum of eight PEMs ranked 1-Star or higher, including four PEMs ranked 4-Star or higher

$25,000 USD One-time bonus paid over four five payments. Each payment requires the rank to be achieved two out of the four most recent qualifying periods since the last Rank Cash Bonus payment.

SEVEN WAYS TO EARN RETAIL CUSTOMER PROFITS

GET 2 & 1 FOR YOU

25% FASTSTART BONUS

X-TRIBE BONUS

TEAM BONUS

MATCHING BONUS

RANK ADVANCEMENT

CASH BONUS

FGXPRESS Compensation Plan

THE BASICS

HOW OFTEN ARE COMMISSIONS CALCULATED AND PAID? WE PAY WEEKLY! Commissions are processed weekly at the end of every seven-day period. Each period begins on Tuesday at 12:00 a.m. U.S. Mountain Time, and ends on Monday at 11:59 p.m. U.S. Mountain Time. Commission calculations are finalized and posted the Friday following the close of the period. Payments are made early the following week; 5 to 7 business days following the end of the commission period, or 1 to 3 business days after commissions are posted, depending on your selected payment method (as determined in your web office account settings).

FGXPRESS Compensation Plan

THE BASICS

HOW DO I EARN MONEY WITH FGXPRESS? To stay qualified to earn bonuses in the FGXpress compensation plan, you must be active by having an active order of at least 50 QV/CV at all times. However, you have the potential to earn more if you remain qualified at 100 QV/CV.

TERMS TO KNOW

QV/CV

Qualifying Volume and Commissionable Volume, respectively. This is the amount of “points” associated with each purchase, as well as with compensation plan payouts. Other volume terms may include “PV” for Personal Volume, “OV” for Organization Volume, or “GV” for Group Volume.

FGXPRESS Compensation Plan

THE BASICS

WHAT IS AUTOSHIP? Autoship is a recurring order program that ensures you receive your favorite products automatically every four periods. Having an active Autoship on file also makes you eligible to purchase certain products at special discount Family Pricing. Your Autoship order can be modified or cancelled anytime.

FGXPRESS Compensation Plan

THE BASICS

ENROLLMENT LEG/TREE This is the group of Members whom you have personally enrolled and are your “first level”. Their personally enrolled Members then become your second level, and so on. There is no limit to the number of Members you can have in your enrollment tree. Personally enrolled Members are often referred to as “PEMs”.

PLACEMENT LEG/TREE All your Enrollment Tree Members are also placed into a twolegged or binary tree structure for team support and commission calculation purposes. Your personally enrolled Members, as well as their personally enrolled Members and potentially personally enrolled Members of your Enroller or upline Members, will be organized into two groups, or legs, in the Placement Tree. Each leg is referred to as your “left” or “right” leg. The larger of the two is your “big” or “power” leg, and the smaller is your “small” or “lesser” leg. The small leg will also be known as your “pay” leg.

FGXPRESS Compensation Plan

THE BASICS CARRYOVER

Every time a team bonus is paid it’s based on small leg volume. The next period will begin with zero points on the small leg. The difference between the big leg and the small leg volume will be carried over as part of the big leg’s volume for the new period. Failing to maintain a minimum personal active order of 50 QV/ CV or more cancels the carryover and both legs will start the new period with zero points. Carryover volume is limited to no more than 500 QV/CV. The limit only applies if both of your legs do not include an active Personally Enrolled Member.