Post on 24-Feb-2016
description
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INTRODUCTION AND PURPOSE OF THE PROGRAMME
oGROWTH focused programmeo Rewards for new levels (from
Gold Producer level onwards)o Focus on balance between
width and depthoGood side volume and new
additional legs are rewardedo Focus on sponsoring new ABOs
and creating New Sponsored Volume
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GROWTH INCENTIVE PROGRAMME (GIP)
Bonus Incentiveso Founders Platinum Growth Programme (FPG)o New Leader Programme (NLP) o Grow Q12 Legs Programme (GLP)o European Emerald & Diamond Annual Bonuses
Travel Incentiveso New Platinum Seminaro Leadership Training Seminar (LTS)o Diamond Conference
Examples and Additional Information
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FOUNDERS PLATINUM GROWTH PROGRAMME (FPG)
Attractive monthly rewards for building a strong and balanced business
Qualification level Personal Volume Award PV + number of Q-legs
PaymentPer month Per year*
Founders Platinum
or 12 Consecutive
qualified months
Minimum 600 PPV Quarterly
11.000 APV 0 Q legs € 400 € 4.8005.000 APV 1 Q leg € 600 € 7.200
11.000 APV 1 Q leg € 800 € 9.6002.000 APV 2 Q legs € 800 € 9.600
21.000 APV 0 Q legs € 800 € 9.6005.000 APV 2 Q legs € 1.000 € 12.000
11.000 APV 2 Q legs € 1.200 € 14.400
2.000 APV 3 Q legs and above € 1.200 (during Emerald
qualification)*Maximum achievable FPG payment amount you can earn per
year according to the particular qualification criteria.
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FOUNDERS PLATINUM GROWTH PROGRAMME (FPG)
EXAMPLE 1 POSSIBLE MONTHLY FPG PAYMENTS:
€400 monthly €600 monthly €800 monthly €1.000 monthly €1.200 monthly
OR OR
OR
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FOUNDERS PLATINUM GROWTH PROGRAMME (FPG)
POSSIBLE MONTHLY FPG PAYMENTS:
EXAMPLE 2
Month Sep-13 Oct-13 Nov-13
Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-
14 Jun-14 Jul-14 Aug-14
PPV 200 200 200 200 200 200 150 150 300 200 250 200Award PV 10.000 10.00
011.00
0 5.000 11.000 5.000 11.00
010.00
0 3.000 4.000 7.000 2.000
Q-leg(s) 0 0 0 1 1 2 2 2 3 3 2 3Monthly FPGpayment
€0 €0 €400 €600 €800 €1.000
€1.200
€1.000
€1.200 €1.200 €1.00
0€1.20
0
Total FPG payment for PY 2013/14 = €9.600
Month Sep-13 Oct-13 Nov-
13Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-
14 Jun-14 Jul-14 Aug-14
PPV 200 250 200 150 150 300 200 200 200 200 250 200
Award PV 21.000
11.000
10.000 5.000 2.000 5.000 2.000 3.000 4.000 4.000 2.000 3.000
Q-leg(s) 0 1 1 1 2 2 3 3 3 3 3 3Monthly FPGpayment
€800 €800 €600 €600 €800 €1.000
€1.200
€1.200
€1.200
€1.200
€1.200 €1.200
NLP Payment
€30.000
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FOUNDERS PLATINUM GROWTH PROGRAMME (FPG)
POSSIBLE MONTHLY FPG PAYMENTS:
EXAMPLE 3
Total GIP payment for PY 2013/14 = €41.800
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NEW LEADERPROGRAMME (NLP)Attractive rewards for achieving new qualification levels in PY 2013/14.
NLP PAYMENT SCHEDULE FOR REACHING THE NEW QUALIFICATION LEVELS:
* NLP payment is paid for each new pin level at Diamond and above level. (i.e. Founders Diamond, Executive Diamond, Founders Executive Diamond, Double Diamond, etc.)
New Qualification Level
New Leader Payment (1st time
qualification)
Re-Qualify Payment
(2nd time qualification)
Maintain Payment
(3rd and beyond time qualification
Gold Producer €1.000Platinum €2.500Founders Platinum €10.000
Emerald €30.000 €20.000 €10.000Diamond & above* €60.000 €40.000 €20.000
EXAMPLE 1
2009/10
2010/11
2011/12
2012/13
2013/14
E E D D D
New Req 20.000Maint
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D = Diamond, E = Emerald, New = New Leader Payment, Req = Re-Qualify Payment, Maint = Maintain Payment. Amounts are in local currency.
NEW LEADERPROGRAMME (NLP)
This ABO may be at any level previous to NLP base PY 2009/10.
In PY 2011/12 (the 1st year of the programme) this ABO qualifies Diamond for the first time within this GIP and earns the New Leader Payment for new Diamond.
In PY 2012/13 this ABO requalifies as a Diamond
and he receives the Re-Qualify payment for Diamond.
In PY 2013/14 this ABO maintains Diamond qualification and he receives the Maintain payment for maintaining Diamond qualification.
NEW LEADERPROGRAMME (NLP)
EXAMPLE 2
ABO has not been Diamond since NLP base PY 2009/10.
In PY 2011/12 (1st year of the programme)this ABO has earned the New Leader Payment for new Diamond.
In PY 2012/13 (2nd year of the programme) he drops down to Emerald and due to drop he gets only the Maintain Payment for Emerald.
In PY 2013/14 (3rd year of the programme) he re-qualifies as a Diamond, and gets Re-Qualify Payment for Diamond.
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2009/10
2010/11
2011/12
2012/13
2013/14
E E D E D
New Maint 40.000Req
NEW LEADERPROGRAMME (NLP)
EXAMPLE 3
ABO has not been Diamond since NLP base PY 2009/10.
In PY 2011/12 (1st year of the programme) this ABO earns the New Leader Payment for new Diamond .In PY 2012/13 (2nd year of the programme) he drops down to Emerald and due to drop he gets only the Maintain Payment for Emerald.
In PY 2013/14 (3rd year of the programme) he maintain the Emerald qualification level and he gets again the Maintain Payment for Emerald.
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2009/10
2010/11
2011/12
2012/13
2013/14
E E D E E
New Maint 10.000Maint
NEW LEADERPROGRAMME (NLP)
EXAMPLE 4
If a stable Diamond has received the Re-Qualify Payment already (PY 2011/12 - 1st yearof the programme) then qualifies as Emerald in the next PY 2012/13 (2nd year of the programme) and qualifies as Diamond in the following PY 2013/14 (3rd year of the programme), he gets the Maintain Payment (since Re-qualify Payment can be earned
only once at each level).
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2009/10
2010/11
2011/12
2012/13
2013/14
D D D E D
Req Maint 20.000Maint
NEW LEADERPROGRAMME (NLP)
EXAMPLE 5
If a stable Diamond qualifies as Emerald in the PY 2011/12 (1st year of the programme) he gets the Re-Qualify Payment for Emerald because of the Transitional Initiative in PY 2011/12.
When he qualifies as Diamond in PY 2012/13 (2nd year of the programme) he gets the Maintain Payment because in the base year (PY 2009/10) and in the folowing PY he was Diamond already (the qualification in PY 2012/13 is the third Diamond qualification since base year).
He maintains Diamond qualification this PY 2013/14, so he gets Maintain Payment for Diamond.
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2009/10
2010/11
2011/12
2012/13
2013/14
D D E D D
Req Maint 20.000Maint
NEW LEADERPROGRAMME (NLP)
EXAMPLE 6
If a stable Diamond falls down to Emerald in the PY 2011/12 (1st year of the programme) he gets the Re-Qualify Payment for Emerald because of the Transitional Initiative in PY 2011/12.
When he qualifies as Diamond this PY 2013/14 (3rd year of the programme) he gets the Maintain Payment because in the base year (PY 2009/10) he was Diamond already and requalified in PY2010/11. The qualification this PY 2013/14 is the third Diamond qualification since base year.
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2009/10
2010/11
2011/12
2012/13
2013/14
D D E E D
Req Maint 20.000Maint
NEW LEADERPROGRAMME (NLP)
EXAMPLE 7
If a stable Diamond falls down to Emerald in the PY 2010/11 and 2011/12 he gets the Re-Qualify Payment for Emerald because of the Transitional Initiative in PY 2011/12 (1st year of the programme).
When he qualifies as Diamond in PY 2012/13 (2nd year of the programme) he gets the Re-Qualify Payment because in the base year (PY 2009/10) he was Diamond already and he had no further Diamond qualification since the base year.
This PY 2013/14 he receives the Maintain Payment for Diamond only. 1
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2009/10
2010/11
2011/12
2012/13
2013/14
D E E D D
Req Req 20.000Maint
NEW LEADERPROGRAMME (NLP)
EXAMPLE 8
The ABO has been a Diamond in the NLP base year (PY 2009/10).
He falls down to Emerald and re-qualifies Diamond again in PY 2011/12 (1st year of the programme) and gets the Re-Qualify Payment for Diamond.
In PY 2012/13 (2nd year of the programme) and this PY 2013/14 he maintains Diamond level. He receives the Maintain Payment for Diamond.
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2009/10
2010/11
2011/12
2012/13
2013/14
D E D D D
Req Maint 20.000Maint
NEW LEADERPROGRAMME (NLP)
EXAMPLE 9
ABO was Founders Platinum (FPL) in the NLP base year (PY 2009/10) and PY after.
He qualifies new Emerald in PY 2011/12 (1st year of the programme) and earns the New Leader Payment for new Emerald.
In PY 2012/13 (2nd year of the programme) he requalifies Emerald and earns the Re-qualify Payment for Emerald.
This PY 2013/14 (3rd year of the programme) he maintains Emerald status and earns the Maintain Payment for Emerald.
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2009/10
2010/11
2011/12
2012/13
2013/14
FPL FPL E E E
New Req 10.000Maint
NEW LEADERPROGRAMME (NLP)
EXAMPLE 10
ABO was Founders Platinum (FPL) in the NLP base year (PY 2009/10) and PY after.
He qualifies new Emerald in PY 2011/12 (1st year of the programme) and earns the New Leader Payment for new Emerald.
In PY 2012/13 (2nd year of the programme) he qualifies as a New Diamond and earns the New Leader Payment for new Diamond.
This PY 2013/14 (3rd year of the programme) he does not re-qualify Diamond but maintains Emerald status and earns the Maintain Payment for Emerald. 1
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2009/10
2010/11
2011/12
2012/13
2013/14
FPL FPL E D E
New New 10.000Maint
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NEW LEADERPROGRAMME (NLP)
NLP Additional Informationo The base year for qualification is PY 2009/10.o European legs count. Legs outside
of Europe do NOT count.o New Leader Payment (1st time qualification):
Paid for the first time that an ABO reaches Gold Producer, Platinum, Founders Platinum, Emerald, Diamond and above level.
o Re-qualify Payment (2nd time qualification): Paid for the second time that an ABO reaches the highest qualification level (Emerald or Diamond and above) since NLP base year.
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NEW LEADERPROGRAMME (NLP)
NLP Additional Informationo Maintain Payment (3rd and beyond
time qualification): Paid for the third time and beyond that an ABO reaches Emerald or Diamond and above level.
o If an ABO earns two new qualification levels in the same PY (for example new Diamond
and new Founders Diamond) then in this year the New Leader Payment for both of these levels are paid (i.e. €120.000).
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GROW Q12 LEGS PROGRAMME
For Emerald and aboveReach Emerald or higher qualification level and increase the number of Q12-legs over the base years (PY 2009/10 to PY 2012/13)
...to qualify for a €20,000* for every Q12 leg growth!
*Payment amount is market specific considering the PV/BV ratio levels of the markets.
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GROW Q12 LEGS PROGRAMME
EMERALD EXAMPLE 1.1
PY 2011/1
2
PY 2012/1
3
PY 2013/1
4New Leader Payment
€30.000 - -
Re-Qualify Payment - - -
Maintain Payment - - -
Grow Q12 Leg - - -
TOTAL GIP Payment
€30.000 - -
TOTAL: €30.000
PY 2011/12: Qualify as a new EmeraldGIP Payment: €30.000 New Leader Payment
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GROW Q12 LEGS PROGRAMME
EMERALD EXAMPLE 1.2
PY 2011/1
2
PY 2012/1
3
PY 2013/1
4New Leader Payment
€30.000 - -
Re-Qualify Payment - €20.00
0 -
Maintain Payment - - -
Grow Q12 Leg - €20.00
0 -
TOTAL GIP Payment
€30.000
€40.000 -
TOTAL: €70.000
PY 2012/13: Grow one Q6 leg to Q12 leg GIP Payment: €20.000 for Q12 leg growth + €20.000 for re-qualifying at Emerald
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GROW Q12 LEGS PROGRAMME
EMERALD EXAMPLE 1.3
PY 2011/1
2
PY 2012/1
3
PY 2013/1
4New Leader Payment
€30.000 - -
Re-Qualify Payment - €20.00
0 -
Maintain Payment - - €10.00
0Grow Q12 Leg - €20.00
0€20.00
0TOTAL GIP Payment
€30.000
€40.000
€30.000
TOTAL: €100.000
This PY 2013/14 : Maintain last years Q12 legs and grow another Q6 leg to Q12 legGIP Payment: €20.000 for Q12 leg growth + €10.000 for maintaining Emerald
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GROW Q12 LEGS PROGRAMME
DIAMOND EXAMPLE 1.1
PY 2011/1
2
PY 2012/1
3
PY 2013/1
4New Leader Payment
€60.000 - -
Re-Qualify Payment - - -
Maintain Payment - - -
Grow Q12 Leg - - -
TOTAL GIP Payment
€60.000 - -
TOTAL: €60.000
PY 2011/12 (1st year of the programme): Qualify as a new DiamondGIP Payment: €60.000 New Leader Payment
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GROW Q12 LEGS PROGRAMME
DIAMOND EXAMPLE 1.2
PY 2011/1
2
PY 2012/1
3
PY 2013/1
4New Leader Payment
€60.000 - -
Re-Qualify Payment - €40.00
0 -
Maintain Payment - - -
Grow Q12 Leg - €20.00
0 -
TOTAL GIP Payment
€60.000
€60.000 -
TOTAL: €120.000
PY 2012/13 (2nd year of the programme): Grow one Q6 leg to Q12 leg GIP Payment: €20.000 for Q12 leg growth + €40.000 for re-qualifying at Diamond
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GROW Q12 LEGS PROGRAMME
DIAMOND EXAMPLE 1.3
This PY 2013/14 (3rd year of the programme): Grow another Q6 leg to Q12 leg GIP Payment: €20.000 for Q12 leg growth + €20.000 for maintaining Diamond
PY 2011/1
2
PY 2012/1
3
PY 2013/1
4New Leader Payment
€60.000 - -
Re-Qualify Payment - €40.00
0 -
Maintain Payment - - €20.00
0Grow Q12 Leg - €20.00
0€20.00
0TOTAL GIP Payment
€60.000
€60.000
€40.000
TOTAL: €160.000
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GROW Q12 LEGS PROGRAMME
EXECUTIVE DIAMOND EXAMPLE
PY 2013/14: Qualify as a new Executive DiamondGIP Payment: €60.000 New Leader Payment
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EUROPEAN EMERALD AND DIAMOND BONUSES
European Emerald Qualification & Annual BonusIn-market Platinum status and 3 Q6 legs in Europe
European Diamond Qualification & Annual BonusIn-market Platinum status and 6 Q6 legs in Europe
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FOUNDERS PLATINUM VOLUME EQUIVALENCY
Special benefit for PY 2013/14:
...possible to qualify as Founders Platinum with a reduced Volume Equivalency
Reduced VE Requirements:o 120.000 PV annual volumeo 10 or 11 qualified months
(Silver Producer months)o Minimum 18% performance
bonus level in the non-qualified months
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NEW PLATINUM SEMINAR
New qualified Platinums are invited to a special business seminar organised by a local Amway affiliate
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LEADERSHIP TRAINING SEMINAR 2015
Discover the destination:
Costa Navarinoin GreeceQualification Period for LTS 2015
1st September 2013 - 31st August 2014
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LEADERSHIP TRAINING SEMINAR 2015
NEW QUALIFICATION CRITERIA! If you have never qualified to the LTS before,don‘t miss this unique opportunity!
Qualification Criteria for the first time* LTS qualifiers:o 8 qualified months only.o Fulfil the minimum personal activity criteria:
reach 600 Personal PV (PPV) each quarter of PY.o Achieve the Platinum Certification.o Fulfil one of the option of Personal New
and/or Group New Sponsored Volume. *First time qualification to the LTS means that
you have not qualified for the LTS since PY 2008/09 last qualification in PY 2007/08.
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LEADERSHIP TRAINING SEMINAR 2015
Qualification Criteria for second timeLTS qualifierso 10 qualified months.o Fulfil the minimum personal activity criteria:
reach 600 PPV each quarter of PY.o Fulfil one of the option of Personal New
and/or Group New Sponsored Volume.
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LEADERSHIP TRAINING SEMINAR 2015
Qualification Criteria for third time LTS qualifiers
o Attain Founders Platinum qualification.o Fulfil the minimum personal activity criteria:
reach 600 PPV each quarter of the PY.o Fulfil one of the option of Personal New
and/or Group New Sponsored Volume.o Volume Growth target: increase LTS Volume
Base compared to previous PY 2012/13 for at least 1 PV.
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LEADERSHIP TRAINING SEMINAR 2015
Qualification Criteria for fourth time and beyond LTS qualifiers
o 12 qualified months.o Fulfil the minimum personal activity criteria:
reach 600 PPV each quarter of the PY.o Fulfil one of the option of Personal New
and/or Group New Sponsored Volume.o Volume Growth target: increase LTS Volume
Base compared to previous PY 2012/13 for at least 1 PV.
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LEADERSHIP TRAINING SEMINAR 2015
You: LTS VOLUME BASE: 24.000 APV (for the month)
Included
Not included
Included
You: LTS VOLUME GOAL:28.000 APV (for the month)
SP: Silver Producers (class 4)GP: Gold Producers (class 4)PL: Platinum (class 2)APV: Award (Point) Volume
Included
Not include
d
Included
Included
SP: Silver Producers (class 4)GP: Gold Producers (class 4)PL: Platinum (class 2)APV: Award (Point) Volume
SP4.000
You10.000
PL10.000
GP10.000
SP4.000
GP10.000
PL10.000
You4.000
NEW PLIn the PY10.000
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LEADERSHIP TRAINING SEMINAR 2015
Special Transitional Benefit – 10 % buffer
Those ABOs who have on average 5.000 PV above what it takes to qualify based on the Amway Sales and Marketing Plan requirements, will have a special benefit of a 10% buffer for the volume growth targets.
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LEADERSHIP TRAINING SEMINAR 2015
Special Transitional Benefit – 5 % buffer
Those ABOs who have on average 2.000 PV above what it takes to qualify based on the Amway Sales and Marketing Plan requirements, will have a special benefit of a 5% buffer for the volume growth targets.
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LEADERSHIP TRAINING SEMINAR 2015
Special Transitional Benefit for those who missed the LTS qualification in PY 2011/12 and PY 2012/13
If ABOs have missed the LTS qualification in PY 2011/12 and PY 2012/13, then they need to fulfil the second time qualification criteria in PY 2013/14.
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LEADERSHIP TRAINING SEMINAR 2015
Qualification Criteria for Emeralds and Diamonds
o For Emeralds the only requirement is to reach 600 PPV each quarter of the PY.
o Qualified Diamonds and above are automatically qualified for for LTS.
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DIAMOND CONFERENCE 2015
Discover the NEW destination
Open to new and re-qualified Diamonds and above
Qualification Period1st September 2013 - 31st August 2014
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TERMS AND CONDITIONS
The terms of the Growth Incentive Programme 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 is to be disbursed to ensure that the qualification is earned in accordance to the Amway Rules of Conduct, which can be found under (www.amway.xy). This web-site also includes the “Amway Principles on Qualification” document, providing information regarding how the Amway Rules of Conduct are enforced. In addition to the performance criteria and adherence to the Amway Rules of Conduct, ABO’s 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 is to be disbursed. Amway may adjust the Growth Incentive Programme target volume levels considering the market situation at any time, at its sole discretion. All income amounts mentioned in this document are earned bonus amounts without VAT. Please refer to additional explanations and details in the “Reference” and ‘Your Questions Answered’ Documents for more specifics. The expected minimum duration of the Programme is until the end of PY 2013/14, if it generates the expected benefits.