New Genx Team Compensation Pkg Revised

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Compensation Package

Transcript of New Genx Team Compensation Pkg Revised

Page 1: New Genx Team Compensation Pkg Revised

Compensation Package

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Compensation

Welcome to NewGenX!This company can be a way for individuals achieving financial freedom and a life of fulfillment by helping others. In addition to using and sharing the NewGenX Anti-Aging products, the NewGenX Team Compensation Plan provides a logical and rewarding pathway to a better financial future. It rewards your personal efforts and allows you to leverage your time while helping others achieve their success. The plan is generous and provides a substantial income earning potential.

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Member Qualifications

Member QualificationsTo become a NewGenX Team Member, submit an Independent Member Application or complete an Online Enrollment Form. The purchase of a $49 Member Support System is required with your initial Application or Online Enrollment.

Note: If a NewGenX Team Member is enrolled in the optional Renewal program, the annual Member Support System is only $36.

Member BenefitsPersonalized NewGenX Team Member Website, Personal Website Video powered by Webcast TV, and member Back Office: As a NewGenX Team Member you will receive, for one year, the NewGenX Support System, which includes your personalized NewGenX Team member Website and access to your Member Back Office.

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Optional Product Introduction Pak Offer

Special value NewGenX Product Introduction Kit can assist a NewGenX Team Member in getting the fastest possible exposure to the NewGenX line of products.

While there is no product purchase required to be a NewGenX Team Member, your business will probably grow and duplicate more quickly if you’re a satisfied product user and have product on hand to share with others. We recommend that you choose the NewGenX Product Introduction Kit that best suits the goals of your business. The Platinum option is only available if ordered at the time of signup or within 60 days of enrollment date.

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Retail Profits

Retail Profits As a NewGenX Team Member you can order products at

wholesale cost (generally 33 percent off retail) directly from NewGenX and resell to your customers at retail. This enables you to earn up to 50 percent profit on product sold from your inventory.

Retail Direct Profits As a NewGenX Team and paid to you weekly by subtracting the

wholesale price, and a $4.95 administration fee from the Suggested Retail Price. The Business Points (BP) from any Retail Direct Revenue of 100 BP or more is treated as Personal Points (PP). Any Excess Points (more than 100 PP) will be credited to the Secondary Revenue Team at time of purchase, generating additional Team Bonus Points.

Product Introduction Bonuses You will be eligible to earn a Product Introduction Bonus (PIB) should your Personal Enrolled NewGenX Team Members choose to order one or more of the company’s optional Product Introduction Kits directly from NewGenX at time of signup (within 60 days of enrollment for the Platinum Pak).

Note: All reorders and Renewals do not qualify for the Product Introduction Bonus (PIB).

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NewGenX Compensation Plan

Retail Business Hub As a NewGenX Team Member you will be given a Retail

Business Hub (RBH) for the purpose of tracking your Team Revenue. Members who have not yet achieved Advisor position will accumulate points on their Personally Enrolled Members, and any PP of more than 100 generated each month, as long as they maintain 100 PP within the prior 30 days. No other points are held until the position of Advisor is earned.

Advisor Qualifications Becoming an Advisor should be one of your first priorities. You achieve the position of advisor by being Active and having at least one Active Personal Enrolled NewGenX Team Member on your Left Business Team and one Active Personal Enrolled NewGenX Team Member on your Right Business Team at any time within prior 30 days.

Advisor BenefitsAs an Advisor, you are now eligible to accumulate Bonus Points (BP) on your entire team regardless of depth and earn Team Bonuses of up to 250 Rotations each week.

YOU100 PV

BRIDGET100 PV

DAVE100 PV

Retail Business Hub

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Bank

Visualize your team as having a bank account at the bottom of each business line, one on the Left Revenue team and one on the Right Revenue Team.

As revenue occurs anywhere from your Revenue Teams, regardless of depth, the points accumulate in each bank account.

As an active Advisor, each time you accumulate team points totaling 900 BP with a least 600 BP in one team and 300 BP in the other, you earn a Rotation.

Here Is How It Works

Bank

YOU100 PV

BRIDGET100 PV

DAVE100 PV

SecondaryRevenue Team

PrimaryRevenue Team

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Hold-Over Points

Let’s assume you’ve accumulated 1,000 in BP from your Left Revenue Team and 250 BP from your Right Revenue Team, and a new sale of 100 BP occurs from your Right Revenue Team. When the new sale is added to your Right Revenue Team, you now have 350 BP on your Right. Because you have accumulated 600 BP and 300 BP, a Rotation occurs.

Once this happens, the 600 BP is deducted from the Left and 300 BP is deducted from the Right, leaving you a Holdover Points of 400 BP on the Left and 50 on the Right.

This process will occur as long as you remain an Active advisor or until the end of any day you have accumulated a Mass Rotation (minimum of 100 total Rotations). At this point, NewGenX will allow you to “hold over” up to 12,000 BP in your Primary Retail Business Hub and keep all remaining points in your Secondary Retail Business Hub as Holdover Points. This process can repeat itself over and over again as you continue to grow your business and your income.

Because the plan pays you on your entire team (Left and Right) no matter how deep it may grow, you can make a Rotation multiple times each day.

As an advisor, you can earn up to 250 Rotations each week from your primary business team.

1000 GV 600 Paid Volume

400 Holdover Volume

Right TeamLeft Team

350 GV 300 Paid Volume

50 Holdover Volume

ONE ROTATION

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Lead Advisor Qualifications

Lead Advisor Qualifications The next advancement in the Team Compensation. Plan is

the position of Lead advisor.

Once you have qualified your RBH by reaching advisor, you may achieve Lead advisor position by being Active and having accumulated five Personally Enrolled Members who are paid as advisor s at any time within the prior 30 days.

Lead Advisor Benefits As a Lead advisor, you are eligible to apply for bonuses

from your team’s Global Enrolled Members.

Executive Qualifications Once you have qualified your RBH by reaching advisor,

you may achieve Executive position, by being Active and having Ten (10) Personally Enrolled Members (5 on each of your Left and Right Revenue Team) - who are paid as an advisor within the prior 30 days. If you do this in your first 6 months, you can qualify as a Diamond Executive and earn special award benefits.

3rd Re-Entry

New Right Leg2nd Re-Entry

New Leg

New Leg

New Leg

Right Leg

RBH

RBHPrimary - YOU

Left Leg

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Executive Benefits

Once you are qualified as an Executive you are recognized as a leader with NewGenX. Active Executives are entitled to the following benefits:

Earn up to 500 Rotations per Business TeamQualified Paid Executives, in addition to 250 Team Bonus Rotations, may earn up to an additional 250 Rotations per week in Matching Team Bonuses from a single business team.

10% Matching Team BonusAs an Active Paid Executive, you are eligible to receive a 10% Matching Team Bonus on the weekly Team Bonus income from all Personal Enrolled NewGenX Team Paid advisor s and Executives up to a maximum of 25 Rotations from each personal enrolled NewGenX Team Member.

Here’s an example: One of your Personally Enrolled advisor s earns 100 Rotations in Team Bonuses, you would earn an extra 10 Rotations in Matching Team Bonuses.

The 10% Matching Team Bonus is calculated daily and paid weekly. Executives are subject to Personal Points and maintenance requirements.

Increase Earnings Through Re-EntriesQualified Paid Executives, who’ve built their team to where it’s producing 250 Rotations in a single week, will have the option of applying for an upl ine Executive Re-entry RBH positioned immediately above their existing Primary RBH.

Example: In the illustration above the right, a primary Revenue team becomes one Revenue Team (i.e. Primary Revenue Team) of a new Executive Re-Entry RBH. This means you only need to build one more Revenue Team as you begin earning additional Team Bonuses.

The qualifications for advancement for any new inserted position are the same as for any new Independent NewGenX Team Member (see Letter of Intent for details). Each RBH shall be earning a minimum of 250 Rotations in a single week before any subsequent future RBHs may be inserted. You may repeat this process over and over.

3rd Re-Entry

New Right Leg2nd Re-Entry

New Leg

New Leg

New Leg

Right Leg

RBH

RBHPrimary - YOU

Bank

Left Leg

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Recognition Program

NewGenX believes in recognizing NewGenX Team Members and leaders for their achievements. As you advance in position from Member to advisor and Lead advisor to Executive you are awarded a pin to commemorate your achievement. Once qualified as an Executive you can qualify for additional recognition through our Lead Executive and Executive Elite Circle Programs.

Lead Executive ProgramOur Lead Executive program recognizes Executives who are able to help their Personal Enrolled NewGenX Team Members to become Executives. For each Personally Enrolled Executive you promote, you receive another lead elite circle recognition and an award pin to commemorate your achievement.

Elite Circle ProgramThe Elite Circle Program recognizes our Executives for reaching new milestones in their NewGenX income. As additional Lead elite circles are earned, you are awarded a new pin to commemorate your achievement.

1 Lead Elite Circle: 10 Rotations2 Lead Elite Circles: 20 Rotations3 Lead Elite Circles: 40 Rotations4 Lead Elite Circles: 60 Rotations5 Lead Elite Circles: 100 Rotations6 Lead Elite Circles: 200 Rotations7 Lead Elite Circles: 400 Rotations8 Lead Elite Circles: 600 Rotations9 Lead Elite Circles: 800 Rotations10 Lead Elite Circles: 1000 Rotations

Note: For recognition qualification purposes NewGenX counts all income-generating activities and calculates the equivalent value to determine overall weekly Rotations. Income generated in Retail Profit, Product Introduction Bonuses, Renewal Rewards Bonuses, and International Fast Lead Bonuses are converted to equivalent Rotation Value in the week they are earned and added to your Team Bonus and Matching Team Bonus Rotations for that week.

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A program of convenience where a pre-selected order is shipped each month. Product Renewal orders provide additional savings and convenience to Members and Customers.

On-going Personal Points (PP) and MaintenanceAll Members regardless of achieved position are eligible to earn retail profits, retail direct profits and NewGenX introduction bonuses (NIB), regardless of Personal Points accumulated in any month.

Note: Any Member earning compensation of less than $10.00 will have payment held until compensation totals are $10.00 or more.

Members achieving a Position will always be recognized at their highest-achieved position but will be “paid as” their Paid position, depending on what their current activity for an earned commission period warrants.

Active StatusThe status when a Member has 100 PP in the prior 30 days. You must be Active to accumulate BP.

NewGenX Product Renewal Program

MembersNewGenX Team Members who are Active are eligible to accumulate Personal Points over 100 PP and BP of Personal Enrolled NewGenX Team Members. Members who are not Active will not accumulate any points and will have any Holdover Points reset to zero.

AdvisorsTo be eligible to be a Paid as an advisor and accumulate Group Points on both your Revenue Teams - Left and Right - you must be Active and maintain a minimum of one Active Personal Enrolled NewGenX Team Member on each of your Revenue Teams (Left and Right) at any time within the prior 30 days.

If you are Active but fail to maintain a minimum of one Active Personal Enrolled Member on each Revenue Team, you will hold existing Group Points and accumulate only Personal Points of more than 100 and the BP of your Personally Enrolled Members. No Team BP beyond your Personal Enrolled NewGenX Team Members will accumulate until you are a Paid Advisor.

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ExecutivesTo be eligible to be a Paid as an Executive and be eligible for Matching Team Bonuses: Be an active Advisor and have a minimum of 10 Personal Enrolled NewGenX Team Paid advisor s (a minimum of five on each side) within the same month.

Mass Rotation A Mass Rotation occurs whenever a NewGenX Team Member has accumulated BP and is paid an accumulated total of 100 Rotations. At the end of that business day, the Member will have earned a Mass Rotation and maintain Holdover Points of up to 12,000 BP in their Primary Revenue Team and all Holdover Points from their Secondary Points Revenue Team.

Grace PeriodA five-day grace period is added to the prior 30 days in determining Active status.

NewGenX Compensation Plan Details

Weekly PayOne of the positive features of the Team Compensation Plan is its weekly pay feature. A weekly Compensation Period begins at midnight Sunday (Eastern Time) and runs through the following Sunday at midnight. NewGenX uses the following week to complete the calculation and audit of compensation. The earned compensation is then paid to NewGenX Team Members on the following Monday (effectively one week in arrears of Compensation Period). NewGenX 50% Payout GuaranteeNewGenX offers its Members one of the most distributor-friendly programs in existence and has one of the strongest payouts in the network marketing industry. We pay compensation out to the field of 50 percent of the business we receive (Business Points) on commissionable product purchases over the lifetime of our program. For any pay period in which the payout is less than 50 percent, we escrow the balance in our compensation account to supplement future payouts when necessary. To further protect the opportunity of all NewGenX Team Members and NewGenX, the company has a cap of 50 percent of the BP that can be paid out.

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Positions High Low Average % at Position

Lead Advisor $146,281 $451 $9,182 2.1%

Advisor * $86,101 $10 $720 57.2%

Member $5,338 $10 $48 40.7%

Each week the total commissionable revenue is calculated and 50 percent of this value is available to be paid out in the NewGenX Team Compensation Plan. The company first pays all applicable PIBs. The remaining funds form a pool, which is divided amongst all Members earning Team Bonuses (Rotations) and 10% Matching Team Bonuses.

The world will be talking about the NewGenX team…People around the world will be aligning with the NewGenX Vision because of the outstanding results of New GenX 7Team Compensation Plan.

Each week the total commissionable revenue is calculated and 50 percent of this value is available to be paid out in the NewGenX Team Compensation Plan.

The company first pays all applicable PIBs. The remaining funds form a pool, which is divided amongst all Members earning Team Bonuses (Rotations) and 10% Matching Team Bonuses.

Average projected earnings for allExecutive Leadership Positions: $75 k

The Rotation Value is determined by dividing the remaining pool by the total number of Rotations:

Here Is How It Works

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Privacy Policy

We may collect non-personal information about the ways that visitors use the NewGenX International website for tracking information, statistics, and marketing research purposes. The information we obtain allows us to review activity and how to improve our website for our customers. Visitors who use our website never need to provide personal information if they choose not to.

How We Use Personal Information NewGenX International may seek personal information

from you to provide you with a service, place an order, or fulfill a request. We will never discuss payment information (e.g. credit card numbers) with anyone but you. NewGenX International is a Direct Revenue Company and as such, we may provide personal information as needed to your personal NewGenX Independent Member or Upline Sponsor to provide them credit for orders and Member enrollments. All NewGenX Independent Members must abide by this Privacy Policy.

Collection of Information NewGenX International is committed to protecting the privacy and

security of our website visitors and customers. Information we collect is used solely to improve our services and enhance our overall customer experience. Any information you provide will never be sold to any third parties or mass marketers.

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Website Changes & Member Replicated Website Changes

We may add to, modify, or delete parts of our website as needed. For security purposes, we reserve the right to add to, modify, or delete parts of Member Replicated Websites as needed. For example: We do not allow certain claims to appear on any Member Replicated website and may remove them for the security of the company.

Cookies Cookies are small pieces of information stored on your

hard drive, not on our website. We may use cookies to store your Member password so that you do not have to re-enter it continually or to remember in what language you prefer to see the website. Cookies may also allow us to research and improve our website to match your needs. We do not use cookies to research your activity on other websites. You may always decline our cookies if your browser permits. We encourage you to add www.NewGenX.com as a trusted site in your browser if possible and to decline cookies from all non-trusted sites.

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Security

Limits NewGenX International cannot be liable for any information

obtained by outside parties from your use of this website or by your activities as an NewGenX Member. We cannot guarantee absolute privacy from any hypertext links on our website leading to other websites. We encourage that you be careful providing information to any third parties other than NewGenX International.

Acceptance of Privacy PolicyBy using this site, you agree to the terms of our Privacy Policy. If you do not agree with this Privacy Policy, please discontinue your use of this website. NewGenX International reserves the right to change our Privacy Policy at any time.

Security We use Secure Socket Layer (SSL) encryption where there is

private or confidential information displayed on our website. SSL encryption ensures that your information is protected and will not be accessible by third parties.

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Lawful Purposes Only

You may not false advertise, make inappropriate claims, provide obscenity, or create spam using this website in any way. Spam includes 1) sending unsolicited e-mail messages or web addresses to online users, 2) posting messages that contain this website address in newsgroups that are unrelated to our products and services 3) creating false advertising.

You may not gain any illegal or unauthorized access to

information or other computers or networks from this site. You may not assist or permit any person to engage in any named violations.

Website Content All website content is the property of NewGenX

International or is controlled or licensed to NewGenX International. You may only use Video-images, copy, illustrations, designs, photographs, video clips, or other materials from this website as permitted by NewGenX International.

Lawful Purposes Only This website may only be used for lawful purposes and may not be used in any way to harm another person. You may not use the website in violation of NewGenX International compliance regulations.

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Termination

Disclaimer NewGenX International cannot be liable for any damages

of any kind related to your use of this website. All content is provided on an “as is” basis and your use of this website is at your own risk. We cannot assume the cost of equipment or equipment repairs for the use of this website.

FDA Disclaimer Statements appearing on this website have not been

evaluated by the FDA. The programs and products described herein are not intended to diagnose, treat, cure, or prevent any disease. Always consult your physician or health care professional before leading this or any other health and wellness program. If you are under the age of 18, pregnant, lactating, are allergic, have any other medical condition, please consult a physician before use. Discontinue use if any allergic reaction occurs. Diabetics: Use only under direct medical supervision. KEEP PRODUCTS OUT OF THE REACH OF CHILDREN.

Termination We reserve the right to terminate your Member status and your

access to this website at any time. Upon termination, you must promptly destroy any material downloaded or otherwise obtained from this website.

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Last Page – Look over

Note: In the above example, not realizing that each earnings category is calculated separately, it would be an error to simply divide the $162 additional earnings by the Rotation Value of $54 and assume 3 Rotations ($162 / $54 = 3) and further assume in error that the Executive achieved 20 Rotations (17 + 3 = 20 Rotations) and qualifies as a 2 Lead Elite Circle. However, the benefit of working in International markets is that you are recognized for ALL Fast Lead Bonus income earned in the prior calendar month in the week it is paid even though the rotations were in fact generated over a 30 day period.

Simple Example:

Earnings Goal for RecognitionAn Executive with a goal to be recognized as a Level 2 Lead Elite Circle with 20 equivalent Rotations ($54 X 20 Rotations = $1,080) should strive to produce sufficient earnings to generate one additional Rotation to cover the rounding computations as each earnings category is calculated ($54 X 21 Rotations = $1,134).© Copyright 2008 NewGenX International. All rights reserved.

Detailed Example: Equivalent Rotations CalculationsAn Executive has a goal to earn 20 Rotations to achieve 2 Lead Elite Circle recognition and earns 16 Team Bonus Rotations and 1 Matching Bonus Rotation for a combined number of 17 Rotations for the week. Additional earnings during the week will also be counted. For this example the Executive earned $162 by achieving $77 in Retail Profit, $25 in PIB, and $60 in International Fast Lead Bonus. Assuming a Rotation Value of $54 and calculating each earnings category separately, achieving $77 in retail revenue would result in 1.4 Rotations which will be rounded down to 1 Rotation. A $25 Product Introduction Bonus would result in .4 Rotations which would be rounded down to 0 and would generate no equivalent Rotations. A US $60 equivalent in International Fast Lead Bonuses would result in 1.1 Rotations rounded down to 1 Rotation . Thus, the overall equivalent Rotations equal 19 Rotations (17 + 2 = 19 Rotations). The Executive remains as a 1 Lead Elite Circle for recognition.