COMPENSATION PLAN TRUENORDIC€¦ · COMPENSATION PLAN “Success is nothing more than a few simple...

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COMPENSATION PLAN “Success is nothing more than a few simple disciplines, practiced every day” - Jim Rohn

Transcript of COMPENSATION PLAN TRUENORDIC€¦ · COMPENSATION PLAN “Success is nothing more than a few simple...

Page 1: COMPENSATION PLAN TRUENORDIC€¦ · COMPENSATION PLAN “Success is nothing more than a few simple disciplines, practiced every day” - Jim Rohn . TRUENORDIC SUCCESS POTENTIAL COMPENSATION

COMPENSATION PLAN

“Success is nothing more than a few simpledisciplines, practiced every day” - Jim Rohn

Page 2: COMPENSATION PLAN TRUENORDIC€¦ · COMPENSATION PLAN “Success is nothing more than a few simple disciplines, practiced every day” - Jim Rohn . TRUENORDIC SUCCESS POTENTIAL COMPENSATION

TRUENORDICSUCCESS POTENTIAL

COMPENSATION PLAN

Introduction

Start Your Business

7 ways to get paidCustomer BonusFirst Order BonusTeam CommissionGeneration Matching BonusVelocity BonusesVelocity Car Bonus.Velocity Rewards.

FAQ’S and Definitions

Page 3: COMPENSATION PLAN TRUENORDIC€¦ · COMPENSATION PLAN “Success is nothing more than a few simple disciplines, practiced every day” - Jim Rohn . TRUENORDIC SUCCESS POTENTIAL COMPENSATION

INCOME POTENTIALWITH TRUENORDIC IS LIMITLESS

The essence of the Truenordic compensation plan is that more people make

more money quickly and enjoy long term residual income. Truenordic partners

are the most important component of our family and we strive to add value to

them. Partners transform the lives of others everyday through our amazing prod-

ucts that improve life, health and prosperity around the world. We are proud to

reward our partners with one of the most truly innovative incentive programs in

the world!

Qualify to be star club partner in 30 days and then help others to become star

club partners in your organization. This simple, yet powerful duplication process,

is the foundation for building your Truenordic business. As you review the

following 7 ways to earn income through the Truenordic compensation plan,

keep in mind that by enrolling in the auto-ship program, you will maximize your

commissions and take full advantage of the up to 50% pay-out of

commissionable volume.

INTRODUCTION

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BE ACTIVE ON AUTO-SHIPAS PER RANK!

START YOUR BUSINESS

Choose your pack as per your plan of action to qualify star club and get extra

products you need to promote your business.

Star clubqualificationcriteria

First Order Bonus 1st Level – 20%

2nd Level – 10%

1st Level – 20%

2nd Level – 10%

Enroll 3 partnerswith minimumPRO 250 pack

PRO 250 PRO 500

Enroll 2 partnerswith minimumPRO 250 pack

PARTNER Min 30 CV

STAR CLUB Min 50 CV

EXECUTIVE RANKSBRONZE, SILVER ,GOLD

Min 50 CV

LEADERSHIP RANKRUBY, EMERALD, DIAMOND

Min 100 CV

FOUNDERS CIRCLEBLUE DIAMOND, BLACK DIAMOND

Min 200 CV

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7 WAYS TO GET PAID1. CUSTOMER BONUS

This Month you enrolled 10 preferred customers with the ultimate pack 100 CV each. You get 20% on all of their CV. When your partners do the same then you get 10% of their preferred customers.

Preferred customers are simplycustomers who decide to have a product of their choice, billed and shipped automatically to them every month at a lower price. The shipment is referred to as an “auto-shipment”. We recommend an auto-ship to get the full range of benefits from our products.When a customer signs up for an auto-shipment they are considered a“preferred customer” and are eligible to receive discounts and promotions.

THERE IS NO LIMIT TO THENUMBER OF PREFERREDCUSTOMERS YOU CAN ENROL

WHO IS PREFERREDCUSTOMER?

EXAMPLE

Enrol new preferred customers.

WHAT TO DO?

Minimum 30 CV autoship.BE ACTIVE ON AUTOSHIP

You earn 20% of CV 1st level and 10% of CV 2nd level.

You qualify for this bonus every time your preferred customers places orders or every time your personallysponsored partner’s preferred customers place an order.

WHAT DO I GET?

TOTAL = € 500

LEVEL 2€10 x 10 = €100

LEVEL 2€10 x 10 = €100

LEVEL 2€10 x 10 = €100

10 10 10

10

LEVEL 1€20 x 10 = €200

Page 6: COMPENSATION PLAN TRUENORDIC€¦ · COMPENSATION PLAN “Success is nothing more than a few simple disciplines, practiced every day” - Jim Rohn . TRUENORDIC SUCCESS POTENTIAL COMPENSATION

EXAMPLE

2. FIRST ORDER BONUS

This month you enrolled 3 people

with 500 CV each. You get 20% on all

their CV. They do the same and you

get 10% of their personally enrolled 3

partners each.

To be eligible for participating in the

compensation plan to receive any

bonus and to keep your carry-over

month-month. Be active on auto-ship

every month. Every time you

purchase your product, this volume is

“active” for the current monthly

period. Once the monthly period is

over, your order is no longer active.

THERE IS NO LIMIT TO THE NUMBER OF PEOPLE YOUCAN ENROL

IMPORTANT

Enrol new partners.

WHAT TO DO?

BE ACTIVE ON AUTOSHIP

You earn 20% of CV 1st level and 10% of CV 2nd level.

You qualify for this bonus every time you enrol a new member who places first orders or your personallysponsored partner who enrols a new partner in the business.

WHAT DO I GET?

TOTAL: € 750LEVEL 1 €100 x 3 = €300

LEVEL 2 €50 x 3 x 3 = €450

Page 7: COMPENSATION PLAN TRUENORDIC€¦ · COMPENSATION PLAN “Success is nothing more than a few simple disciplines, practiced every day” - Jim Rohn . TRUENORDIC SUCCESS POTENTIAL COMPENSATION

3. TEAM COMMISSION

Team Commission is based on a dual team compensation model and as such you will be placed in one of the two sides of your sponsor’sorganisation.This commission is earned by building two teams of partners and/orcustomers, one on the left and one on the right of your organisation.Your sponsor and your up line may also place people into your organisa-tion. 50% of customer CV will be placed in the leg that you choose, or you can select that they are placed automatically in the lesser leg.

There is no flushing ofCommissionable Volume; all unpaidCommissionable Volume carriesforward to the following month, aslong as you remain active.

In this example below, the €300 ofunpaid Commissionable Volume onthe left side carries forward to thenext commission period.

Team Commissions are earned on your lesser volume leg and is based on the CV

of the Lesser Leg, you will be paid a 10% Team Commission on the

Commissionable Volume. Truenordic partner can make up to € 20.000 per

month per business centre.

1300CV

1000CV

PAID €100LEFT RIGHT

€1.300 -€1.000

€300 0

€1.000 -€1.000

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RANKGENERATION

BLA

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DIA

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BLU

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IAM

ON

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DIA

MO

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EM

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RU

BY

GO

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GENERATION 1 20% 20% 20% 20% 20% 20% 20% 20%

- 20% 20% 20% 20% 20% 20% 20%GENERATION 2

GENERATION 3 - - 20% 20% 20% 20% 20% 20%

- - - 20% 20% 20% 20% 20%GENERATION 4

GENERATION 5 - - - - 20% 20% 20% 20%

- - - - - 20% 20% 20%GENERATION 6

GENERATION 7 - - - - - - 20% 20%

INDUSTRY LEADING. THIS IS HUGE!!!

Black Diamond Unlimited

Blue Diamond 1 Million €

Diamond 750.000 €

Emerald 300.000 €

Ruby 150.000 €

Gold 75.000 €

Silver 30.000 €

Bronze 15.000 €

Monthly cappings on the Generation Matching Bonus (GMB).

When it comes to creating residual income nothing comes closer to way we pay the GMB payout (*Up to 20%, as

Truenordic guarantees up to 50% payout of CV) on 7 generations of Executives. The GMB is paid on team commissions

of partners in your personal enrolment tree.

4. GENERATION MATCHING BONUS

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Get paid on all your team partner’s up to bronze executive.You may earn Generation Matching Bonuses not only on bronze executives found in each of your personal enrolment tree legs but also on partners, star 500’s and star 1000’s who have earned a team commission. A generation ends when a qualified bronze executive is found, regardless of the number of levels.

EXAMPLE OF GENERATION 1

To reward our bronze executive or higher leadership, Truenordic has created an industry leading Generation Matching Bonus (GMB).

This program allows you to earn a “Check Match” on the Team Commission paid to partners you personally sponsor, the partners they personally sponsor, and so on—up to seven generations of bronze executives in your personal enrolment tree. As your rank increases, so does the number of generations on which you can be paid a Generation Matching Bonus (GMB).

Qualify Bronze executive

WHAT TO DO?

Paid up to bronze executive is the 1st generation.You don’t get paid below bronze executive which is the 2nd generation unless you qualify the next rank silver executive.

Partner Star 500 Star 1000 Bronze Executive

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5. VELOCITY BONUSES

HOW TO QUALIFY?

ClubSTARTo help partners to early success, Truenordic has put together the star club program. Reach star club in your first 30 days and witness an exciting new level of rewards, including eligibility to earn from 2% of the company’s turnover volume in the monthly star club pool.

Truenordic has created a unique accumulation 90 day challenge to reachexecutive club (a Bronze Executive Rank). This gives a unique opportunity for all, part time or full time, to hit the bronze executive rank either through the accumulation plan or monthly qualification criteria. This duplication model innovation was to create a solid foundation for our partners future business.Get paid 1.000 € over 10 months.

Maintain 2 new partners or customers or both every month for a year.

Maintain 2.000 CV lesser leg. It is important to qualify star club to take advantage of this bonus.

Qualification (First 30 days)

HOW TO QUALIFY? Qualification (First 90 days)

Get Pro500 Pack Get Pro250 Pack

Enroll 3 New Partners withPro250 Pack

Enroll 2 New Partners withPro250 Pack

Club

3 on the left legand 3 on the right

1

1

3

5

2

4

6 2 3 4 5 6

Enrol 6 partners and help them or any one in their leg to qualify star club.

YouYou

Option 1

Qualify bronze executive as per montly qualification, in any month within the first 3 months of enrolling.

Option 2

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HOW TO QUALIFY?

Maintain 7500 CV lesser leg. It is Important to qualify Star Club to take advantage of this bonus

ClubThis is huge! This club is the more lucrative and achievable concept in direct selling history as it is an accumulation for 180 days from joining. Truenordic sole aim is to give partners (part-time or full-time) a fair chance of building afoundation for their business while learning and growing in the process. The gold club bonus is a whopping 10.000 € bonus, paid 500 € for 20 months.

Qualify gold executive as per monthly qualification, in any month within the first 6 months of enrolling.

3 on the left legand 3 on the right

1

3

5

2

4

6 1 2 3 4 5 6

Enrol 6 partners and help them or any one in their leg to qualify executive club.

YouYou

Option 1 Option 2

Qualification (First 180 days)

1

3

5

6

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6. VELOCITY CAR BONUS

HOW IT WORKS?

It doesn’t get better than this. Truenordic is proud to have partners achieve their dreams with a Tesla Car of their choice.

Achieve the rank of Ruby for 2 out of 3 months.Maintain 15.000 CV in your lesser volume leg and continue to get paid.

Truenordic o�ers a more mouth-watering and most attainable luxury car incentive program in the industry. Promoters that reach the rank of ruby or above, 2 out of 3 months, can become part of the TESLA Club, a bonus program that will cover the monthly cost of a new TESLA.

The Tesla club bonus program is an incentive reward o�ered to partners who achieve and maintain the position of ruby or above in the truenordic incentive plan. Partners who qualify for this program, acquire a qualifying Tesla, and properly communicate the purchase or lease of their car to Truenordic, will qualify for monthly bonus payments according to their rank, volume, and adherence to the Tesla bonus program guidelines. Partners also have the option to take a lesser monthly bonus should they choose not to acquire a qualifying Tesla. The Truenordic Tesla bonus program is designed to reward partners for their continued e�orts with a superior luxury car that also serves as a great tool for promoting their Truenordic business.

Club

€ 800 TESLA CAR ALLOWANCEAchieve the rank of Emerald for 2 out of 3 months. Maintain 30.000 CV in your lesser volume leg and continue to get paid.

€ 1.200 TESLA CAR ALLOWANCE

Achieve the rank of Diamond for 2 out of 3 months. Maintain 60.000 CV in your lesser volume leg and continue to get paid.

€ 1.500 TESLA CAR ALLOWANCE

Achieve the rank of Black Diamond for 2 out of 3 months. Maintain 120.000 CV in your lesser volume leg and continue to get paid.

€ 2.500 TESLA CAR ALLOWANCE

Achieve the rank of Blue Diamond for 2 out of 3 months. Maintain 90.000 CV in your lesser volume leg and continue to get paid.

€ 2.000 TESLA CAR ALLOWANCE

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You will love this! You and your spouse are invited to join us at an exotic location. Wine and dine with other leaders and the company owners. This incredible experience will be something you’ll want to share with your entire team. You must be a qualified emerald and be active to participate in the emerald vacation.

7. VELOCITY REWARDS

THE EMERALD VACATION

It doesn’t get better than this! Discover the thrilling diamondadventure! You’ve earned it and we want to reward you not just once, but year after year! As a Diamond, you and your spouse will join us on our annual six-day Diamond Adventure Trip. Discover the world’s mostexclusive five-star resorts andexperience some incredible adventures together. To participate in the Diamond Adventure, you must be qualified at the Diamond leadership Rank and be active in the business.

DIAMOND ADVENTURE TRIP

Page 14: COMPENSATION PLAN TRUENORDIC€¦ · COMPENSATION PLAN “Success is nothing more than a few simple disciplines, practiced every day” - Jim Rohn . TRUENORDIC SUCCESS POTENTIAL COMPENSATION

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DEFINITIONSOF COMPENSATION PLAN LANGUAGE

ACTIVE: To earn commissions you must be active. You stay active by purchasing 30 CV every month for Partners, 50 CV every month for Star Club, Star 500, Star 1000 and Executive ranks, 100 CV monthly forLeadership ranks and 200 CV monthly for Founders circle members.

AUTO-SHIP: You can choose to place arecurring order monthly or bi-monthly. Always having a monthly active order is one of the requirements for earning commissions and avoiding flush of your strong leg.

COMMISSIONABLE VOLUME (CV): Sales or purchases generated in your organization.

DUAL TEAM TREE: placement side of the compensation plan with width limited to two placements / left and right.

GENERATION MATCHING BONUS (GMB) is paid to bronze executives and above on up to 7 generations of bronze executives based upon qualifications.

GROUP SPONSORED: Any partner brought into the organization by someone other than yourself.

ORGANIZATION: Refers to all partners inyour down line. Also referred to as “tree” and “network.” PERSONALLY SPONSORED Any partner you

have directly brought into the organization. QUALIFIED: refers to being qualified to earn commissions. This means you must have at least one personally sponsored active partner on both your left and right legs.

LEG: Refers to the right or left side of your dual team organization. Lesser leg refers to the leg with the lesser sales volume, also known as your pay leg.

CARRY-FORWARD VOLUME: Every time a Team Commission is paid, it’s based on the lesser leg volume. Then the next period will begin with zero CV on the lesser leg, and the di�erence between the strong leg and the small leg’s 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 30 CV or more, cancels the carry over and both legs will start the new period with zero CV.

LESSER LEG: Also known as “pay leg”. The leg with the smaller CV out of the twoplacement tree legs.

PERSONAL ENROLMENT TREE: refers to those you have personally sponsored, those they have personally sponsored, and so on and so forth.

STRONG LEG: Also known as “Power Leg”. Your placement tree has two legs. This is the leg with the highest CV in a given month, including any carry over volume if applicable.

Page 16: COMPENSATION PLAN TRUENORDIC€¦ · COMPENSATION PLAN “Success is nothing more than a few simple disciplines, practiced every day” - Jim Rohn . TRUENORDIC SUCCESS POTENTIAL COMPENSATION

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