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Compensation Plan Enhancements - 3 Global Pools! PDF Print E-mail
Sunday, 01 August 2010 07:32

Beginning August 1st, Stemtech Distributors around the world will have THREE exciting new global pools to enhance income potential: the FastStart Turbo Pool, the New Director Pacesetter Pool and the Incentive Contest Pool. These pools replace the five levels of upline Director overrides previously paid on the sale of FastStart Packs.

Designed to attract new business builders and spur ongoing growth and momentum, these Pools encourage you and your new distributors to:

• Focus on the right business-building activities needed for growth, and
• Structure your organization to ensure ongoing success.

Here are the details:

1. FastStart Turbo Pool

Similar in concept to the wildly popular “Weekly Turbo FastStart Bonus” pre-Convention incentive, the FastStart Turbo Pool puts extra money in your pocket when you excel at bringing on new distributors and helping them get started the right way. But this FastStart Turbo Pool is easier, because the qualifications are monthly, not weekly. 10% of total BV of all FastStart Packs sold globally during the calendar month goes into the Pool for that month. If you qualify for a Pool SHARE, you'll receive your Pool payment at the same time as monthly commissions.

To qualify:

• You earn one share of the pool for every 5 new distributors you personally enroll during the calendar month with a FastStart or Leadership Pack.
• Enroll ten and you double your share; enroll fifteen and it's tripled… and so on!
• Requirement:You (the enroller) must be active on AutoShip.

Enroll 5 new Business Builders and earn a share of this Pool. Then help those five Business Builders to earn a share too. Imagine how your group can grow as you all focus on finding 5 or more new Business Builders each month!

2. New Director Pacesetter Pool … and Enroller's 50% Match

New distributors can cash in with the Pacesetter Pool when they achieve Director quickly with a correctly structured organization. But that's not all … The Pacesetter also rewards the Enroller who helps them get there! The New Director Pacesetter Pool consists of 12.5% of total BV of all FastStart Packs sold globally during the calendar month. It is paid out monthly, at the same time as monthly commissions.

The maximum monthly payout is $3,000 per share (in other words, qualifying new Directors earn up to $3000 each, and Enrollers earn up to $1500 per new qualifying Director). Any unpaid excess is carried forward indefinitely until paid out, to help fund future months' New Director Pacesetter Pools.

To qualify for one share of the New Director Pacesetter Pool (to a maximum of $3000):

• Enroll as a Business Builder (FastStart Pack or Leadership Pack, plus AutoShip)
• Qualify as a Director (100PPV, 5000 GPV) by the end of your first full calendar month after you enroll. (Example: If you enroll during August, you have until the end of September to qualify).
• Have the following organizational structure
• At least 5 personally enrolled Business Builders
• At least 10 customers and/or distributors with AutoShip PPV in your organization (includes your personally enrolled Business Builders with AutoShip PPV)
• Remain fully qualified as a Director the following calendar month

To qualify for the Enroller's 50% Matching Bonus:

• You earn a half-share of the pool (50% matching bonus), up to a maximum of $1,500 per half-share, every time one of your personally enrolled distributors qualifies for a share of the New Director Pacesetter Pool.
• To be eligible for this bonus, you need to have AutoShip PPV for the month.

Enrollers who work closely with their new Business Builders to develop a solid organization now earn a piece of the action. What a win-win situation for everyone!

3. Incentive Contest Pool

This pool will fund all sorts of fun incentive contests that support continued growth and productivity in the field. The Incentive Contest Pool consists of 2.5% of total BV of all FastStart Packs sold globally during the calendar month. It accrues monthly and is applied to various incentive contests held during the year. Any balance that is not used up is carried forward to help bolster the pool in future months. The entire pool is paid out at least once each year. Nothing like a good incentive contest to liven things up and get your group going … be sure to stay tuned for contest announcements in future months!

Click here to view the pdf

Last Updated on Monday, 02 August 2010 09:43
 

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