Mannatech’s new enhanced compensation plan
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Transcript of Mannatech’s new enhanced compensation plan
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Mannatech’s new enhanced compensation plan
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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 areas paying non-productive money
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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
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The compensation plan enhancements
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Team Bonus
• SGP$112• Must Be Qualified 100PV• 600 GPV• No more than 65% and 390 GPV from one leg!
It’s simpler than before
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By helping your team earn a Team Bonus you will earn a Team development bonus of SGP$15 as the first qualified upline.
Another SGP$15 is given to the second qualified upline.
Team Bonus
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• SGP $112 Team Bonus • SGP $15 Team Development • SGP $94 Pack Bonus (Direct) (multiple times)• 3% AO Bonus on amounts paid• SGP $500 Power Bonus (multiple times)
Earn the right from the get go!
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Organisational Income
PV now on ALL Packs
Makes it easier to earn:
• Team Bonus
• Leadership
• Lifestyle Rewards
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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 SG$25 in All Star packs
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Summary of bonuses
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Summary of bonuses
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Lifestyle Bonuses
• Paid every BP to National Director level and above • Paid on top of all product and pack earnings
• ND SGP$500
• ED SGP$1095
• PD SGP$2500
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Mannatech loyalty program
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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
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Loyalty Program
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Automatic order value $100
Your automatic order
Your automatic order
BusinessPeriod 1
BusinessPeriod 2
BusinessPeriod 3
Order value $200
• Total order value over 3 BPs worth $600• 20% loyalty credits over 3 BPs worth $120• Applies towards getting a FREE product of equivalent dollar value
Order value $200
Order value $200
Your automatic order
Loyalty credit$40
Loyalty credit$40
Loyalty credit$40
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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……
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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.
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Summary
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