COMPENSATION PLAN - ForeverGreen€¦ · Forevergreen Compensation Plan The ForeverGreen...

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COMPENSATION PLAN Six Ways T o Earn

Transcript of COMPENSATION PLAN - ForeverGreen€¦ · Forevergreen Compensation Plan The ForeverGreen...

Page 1: COMPENSATION PLAN - ForeverGreen€¦ · Forevergreen Compensation Plan The ForeverGreen Compensation Plan is a global plan designed to generously compensate Members, beating the

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Page 2: COMPENSATION PLAN - ForeverGreen€¦ · Forevergreen Compensation Plan The ForeverGreen Compensation Plan is a global plan designed to generously compensate Members, beating the

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SForevergreen Compensation PlanThe ForeverGreen Compensation Plan is a global plan designed to generously compensate Members, beating the average industry payout on commissionable volume.

Our weekly pay plan and low monthly volume requirements simplify the effort it takes to be rewarded for your business building efforts, quickly and handsomely.

Before we begin, let’s get familiar with some basic terms and concepts. These will help you better understand the different aspects of the ForeverGreen Compensation Plan.

MEMBER Members include anyone who joins ForeverGreen by paying a membership fee and agreeing to the Forever-Green Policies and Procedures. Members have exclusive responsibilities and benefits, such as special Member (wholesale) pricing and the opportunity to participate in the ForeverGreen compensation plan. The size of a Member’s business, network, and/or income will directly correspond to the Member’s personal efforts and results.

CUSTOMER A person who buys ForeverGreen product directly from a ForeverGreen Member at retail price is considered a customer. At this time, he or she is not interested in becoming a Member of ForeverGreen—they only want to benefit from ForeverGreen products. Any referrals from customers are directed to their respective ForeverGreen Member.

AUTOSHIP Autoship is a recurring-order program that ensures Members or customers receive their favorite products automatically, every four periods. Autoships can be modified or canceled anytime.

PEM (PERSONALLY ENROLLED MEMBER) People you’ve personally enrolled in ForeverGreen are your personally enrolled Members, or PEMs for short. Other names for PEMs may also include “first level” or “front line” Members.

UPLINE Every Member has an Enroller. Your Enroller has an Enroller, and they have an Enroller, and so on. We refer to them all together as your upline. They are all there to support you. Reach out to them and benefit from their expertise!

ENROLLMENT TREEEnsures your organization is structurally strong. The Enrollment Tree, or “Downline”, is the group of Members whom you have personally enrolled. Every Member you personally enroll is on your “first level”. Their personally enrolled Members then become your “second level”, and so on. There is no limit to the number of Members per level you can have in your Enrollment Tree. Your Enroll-ment Tree will determine your rank and your maximum Team Bonus payout.

ENROLLER This is the person who first introduced you to the ForeverGreen business. Enrollers are responsible for making sure all of their personally enrolled Members (PEM) receive adequate training and support. Enrollers should also understand the goals of his/ her personally enrolled Members to better provide the support they need.

PLACEMENT TREEGrows your commissions. All the Members that make up your Enrollment Tree are also placed into a two-legged (or binary) structure called your Placement Tree. However, your Placement Tree may also include Members not in your enrollment tree, but who were enrolled by your upline. The two-legs in your Placement Tree are known as your “right leg” or your “left leg”. The larger of the two is your “big” or “power” leg. The smaller of the two is your “small” or “lesser” leg. Your smaller leg is sometimes also referred to as your “pay” leg.

VOLUME In addition to having both a Member and Retail price, each item available for purchase is associated with points also known as “volume”. The amount of volume in your organization will determine your commissions earnings. A product’s volume is represented most often as QV/CV. Unless otherwise specified, QV and CV are the same amount. QV: This stands for Qualifying Volume. It helps you meet certain requirements such as rank and qualifications status throughout the compensation plan. CV: This stands for Commissionable Volume. This is the actual amount to be applied to percentages throughout the compensation plan and will ultimately determine commission payout.

RANK As you perform certain actions and meet certain volume requirements, you are awarded titles that indicate differ-ent levels of success. These levels are referred to as ranks.

Ranks at ForeverGreen, listed from lowest to highest, are Member, Starter, Starter Plus, 1-Star, 2-Star, 3-Star, 4-Star, 5-Star, 6-Star, 7-Star, All-Star and Hall of Fame.

HOW DO I EARN BONUSES? To be qualified to earn bonuses in the compensation plan, you must have a personal volume of at least 50 QV (the bare minimum to be considered “active”) for a total of four, week-long periods (the week in which you place the order, plus three more weeks). However, if you have a personal order of 100 QV, you will be considered “fully qualified” for the same four weeks. Members who are fully qualified have the potential to earn higher commissions as part of this plan. Any personal volume that exceeds 100 QV will count toward your Enrollment Tree volume and may help you rank advance.

HOW OFTEN WILL I GET PAID? Commissions are processed weekly at the end of every seven-day period. Each period begins on Tuesday at 12:00 a.m. U.S. Mountain Time and ends on Monday at 11:59 p.m. U.S. Mountain Time.

Commission calculations are finalized and posted the Friday following the close of the period. Payments are made early the following week; 5 to 7 business days following the end of the commission period, or 1 to 3 business days after commissions are posted. Speed of payment will depend on your selected payment method, which can be changed in your web office account settings.

The Basics

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Before we begin, let’s get familiar with some basic terms and concepts. These will help you better understand the different aspects of the ForeverGreen Compensation Plan.

MEMBER Members include anyone who joins ForeverGreen by paying a membership fee and agreeing to the Forever-Green Policies and Procedures. Members have exclusive responsibilities and benefits, such as special Member (wholesale) pricing and the opportunity to participate in the ForeverGreen compensation plan. The size of a Member’s business, network, and/or income will directly correspond to the Member’s personal efforts and results.

CUSTOMER A person who buys ForeverGreen product directly from a ForeverGreen Member at retail price is considered a customer. At this time, he or she is not interested in becoming a Member of ForeverGreen—they only want to benefit from ForeverGreen products. Any referrals from customers are directed to their respective ForeverGreen Member.

AUTOSHIP Autoship is a recurring-order program that ensures Members or customers receive their favorite products automatically, every four periods. Autoships can be modified or canceled anytime.

PEM (PERSONALLY ENROLLED MEMBER) People you’ve personally enrolled in ForeverGreen are your personally enrolled Members, or PEMs for short. Other names for PEMs may also include “first level” or “front line” Members.

UPLINE Every Member has an Enroller. Your Enroller has an Enroller, and they have an Enroller, and so on. We refer to them all together as your upline. They are all there to support you. Reach out to them and benefit from their expertise!

ENROLLMENT TREEEnsures your organization is structurally strong. The Enrollment Tree, or “Downline”, is the group of Members whom you have personally enrolled. Every Member you personally enroll is on your “first level”. Their personally enrolled Members then become your “second level”, and so on. There is no limit to the number of Members per level you can have in your Enrollment Tree. Your Enroll-ment Tree will determine your rank and your maximum Team Bonus payout.

ENROLLER This is the person who first introduced you to the ForeverGreen business. Enrollers are responsible for making sure all of their personally enrolled Members (PEM) receive adequate training and support. Enrollers should also understand the goals of his/ her personally enrolled Members to better provide the support they need.

PLACEMENT TREEGrows your commissions. All the Members that make up your Enrollment Tree are also placed into a two-legged (or binary) structure called your Placement Tree. However, your Placement Tree may also include Members not in your enrollment tree, but who were enrolled by your upline. The two-legs in your Placement Tree are known as your “right leg” or your “left leg”. The larger of the two is your “big” or “power” leg. The smaller of the two is your “small” or “lesser” leg. Your smaller leg is sometimes also referred to as your “pay” leg.

VOLUME In addition to having both a Member and Retail price, each item available for purchase is associated with points also known as “volume”. The amount of volume in your organization will determine your commissions earnings. A product’s volume is represented most often as QV/CV. Unless otherwise specified, QV and CV are the same amount. QV: This stands for Qualifying Volume. It helps you meet certain requirements such as rank and qualifications status throughout the compensation plan. CV: This stands for Commissionable Volume. This is the actual amount to be applied to percentages throughout the compensation plan and will ultimately determine commission payout.

RANK As you perform certain actions and meet certain volume requirements, you are awarded titles that indicate differ-ent levels of success. These levels are referred to as ranks.

Ranks at ForeverGreen, listed from lowest to highest, are Member, Starter, Starter Plus, 1-Star, 2-Star, 3-Star, 4-Star, 5-Star, 6-Star, 7-Star, All-Star and Hall of Fame.

HOW DO I EARN BONUSES? To be qualified to earn bonuses in the compensation plan, you must have a personal volume of at least 50 QV (the bare minimum to be considered “active”) for a total of four, week-long periods (the week in which you place the order, plus three more weeks). However, if you have a personal order of 100 QV, you will be considered “fully qualified” for the same four weeks. Members who are fully qualified have the potential to earn higher commissions as part of this plan. Any personal volume that exceeds 100 QV will count toward your Enrollment Tree volume and may help you rank advance.

HOW OFTEN WILL I GET PAID? Commissions are processed weekly at the end of every seven-day period. Each period begins on Tuesday at 12:00 a.m. U.S. Mountain Time and ends on Monday at 11:59 p.m. U.S. Mountain Time.

Commission calculations are finalized and posted the Friday following the close of the period. Payments are made early the following week; 5 to 7 business days following the end of the commission period, or 1 to 3 business days after commissions are posted. Speed of payment will depend on your selected payment method, which can be changed in your web office account settings.

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RETAIL BONUS (CUSTOMER)

RETAIL BONUS (MEMBER)

STARTER BONUS

12% TEAM BONUS (UP TO $25,000 USD WEEKLY)

ENROLLER MATCHING BONUS POOL (WITH COMPRESSION)

RANK ADVANCMENT & CASH BONUS (UP TO $145,500 USD TOTAL)

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Page 5: COMPENSATION PLAN - ForeverGreen€¦ · Forevergreen Compensation Plan The ForeverGreen Compensation Plan is a global plan designed to generously compensate Members, beating the

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NWhen you share ForeverGreen products with custom-ers, you earn the difference between the retail price and member price of each product. Retail customers must order products through your replicated site for you to earn this bonus.

The QV/CV associated with retail customer purchases will count toward your personal qualification up to 100QV. Any excess volume will count toward your rank qualification as an extra leg in your Enrollment Tree. It will also count toward your pay leg in your Placement Tree for Team Bonus earnings.

Similar to the Retail Bonus (Customer), when you share ForeverGreen’s products AND business opportunity, gaining a new member, you still earn the difference between the retail price and member price on their initial order, which is purchased at retail price. However, the QV/CV associated with this purchase will be for your new member so that they can participate on the comp plan as well.

Retail Bonus (Customer) Retail Bonus

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This is a 4-week, step-by-step program paid to all ranks. 3-STARs and above will be paid whichever bonus is greater between their Starter Bonus and the Enroller Matching Bonuses earned during those four weeks

Starter Bonus Fast Track At steps 3, 4 and 5 in this program, you can earn more than double the Starter Bonus when you reach different levels in the Starter program within your first weeks as a member.

Starter Program3

STARTER +STARTER STARTER-150 STARTER-250 STARTER-400When am I STARTER?

• You have at least one fullyqualified PEM anywhere in your left leg, and at least one fully qualified PEM anywhere in your right leg.

REWARD

Congratulations! You’ll earnRetail Bonus (New Member) andTeam Bonus.

FAST TRACK2 WEEKS

When you achieve STARTERwithin your first two periods in the business, the company willguarantee a total two-periodcumulative earnings of at least$75 USD.

When am I STARTER PLUS?

• You have at least one PEMSTARTER in your left leg, and atleast one PEM STARTER in yourright leg.

REWARD

Congratulations! You’ll earnRetail Bonus (New Member) andTeam Bonus.

FAST TRACK4 WEEKS

When you achieve STARTER PLUS within your first four periods in the business, the company will guarantee a total four-period cumulative earnings of at least $150 USD.

When am I STARTER-150?

• You have at least four Active orFully qualified PEMs. Minimum one per leg.

• You have 1,000 QV within yourfirst two levels (considering amaximum of 100 QV per person).

REWARD

The STARTER-150 bonus is for2-Stars and below and it pays$150 USD once every four weeks when requirements are met. If you were a 3-Star or higher during any of those four weeks, ForeverGreen will pay you whichever bonus is greater between your Starter Bonus and the Enroller Matching Bonusesearned during those four weeks.

FAST TRACK4 WEEKS

When you achieve STARTER-150 within your first four periods in the business, the Fast Trackbonus will award you an extra $150 USD in the period when this step is achieved for the first time.

When am I STARTER-250?

• You must have at least four Active or Fully qualified PEMs and at least one on each leg is also a STARTER-150.

• You could also qualify with 3 PEM STARTER-150’s in the same leg.

REWARD

The STARTER-250 bonus is for2-Stars and below and it pays$250 USD once every four weeks when requirements are met. If you were a 3-Star or higher during any of those four weeks, ForeverGreen will pay you whichever bonus is greater between your Starter Bonus and the Enroller Matching Bonusesearned during those four weeks.

FAST TRACK8 WEEKS

When you achieve STARTER- 250 within your first eight periods in the business, the Fast Track bonus will award you an extra $250 USD in the period when this step is achieved for the first time.

When am I STARTER-400?

•You must have at least four Active or Fully qualified PEMs who are also STARTER-150s, with at least one on each leg.

REWARD

The STARTER-400 bonus is for 2-Stars and below and it pays $400 USD once every four weeks when requirements are met. If you were a 3-Star or higher during any of those four weeks, ForeverGreen will pay you whichever bonus is greater between your Starter Bonus and the Enroller Matching Bonuses earned during those four weeks.

FAST TRACK12 WEEKS

When you achieve STARTER- 400 within your first 12 periods in the business, the Fast Track bonus will award you an extra $600 USD in the period when this step is achieved for the first time.

The information above, is for fully qualified members (I.e. 100QV or more). For Active members with personal QV between 50 and 99 points the Starter and Fast Track Bonuses pay half.

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4 Team BonusBuild both of your Placement Tree legs. When you’re fully qualified with a personal volume of 100QV, you can earn 12% of your pay leg’s CV for that week. If you’re active with less than 100QV, but more than 50QV, you can earn 8% of your pay leg’s CV. This Team Bonus will pay up to $20,000 per week.

Requirements to earn Team Bonuses: • You must have at least one active PEM in your left leg, and one active PEM in your right leg.• You must have a minimum of 100CV in your pay leg for the week.

When the team bonus is paid for the CV on the small leg, the amount of CV paid on the small leg will be discounted from the big leg for the new weekly period. This is called carryover..

Any unpaid volume from your pay leg in the current period carries forward into the next period for up to 500CV, or the amount of the new CV that period (whichever is greater). Failing to maintain a minimum personal active order of 50QV or more cancels this carryover and resets both legs to zero volume in the new period.

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5 Enroller Matching Bonus Pool This is a Reward for developing leadership within your Enrollment Tree when you’re paid as a 3-STAR or higher (See chart). Earn a percentage of the Team Bonuses earned by all Members on the first 4 compressed levels of your Enrollment Tree. Levels compress to the rank of 1-Star.

The Enroller Matching Bonus is a pool. Once the system has calculated the total amount of commissions for the STARTER, FastTrack STARTER,

ALL-STARALL-STAR7-STAR6-STAR5-STAR4-STAR3-STAR HALL OFFAME

HALL OFFAME

Enroller Matching Bonus Payout

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Level 2

Level 3

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2Shares

10Shares

2Shares

2Shares

10Shares

2Shares

2Shares

2Shares

10Shares

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2Shares

2Shares

10Shares

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2Shares

2Shares

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2Shares

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5Shares

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Team Bonus, and Rank Advance Cash Bonuses, the remaining amount becomes the Enroller Matching Bonus Pool. This amount is divided by the number of shares for the period.

The number of shares you earn in the Enroller Matching Bonus Pool is dependent upon your rank and the Team Bonus(es) earned by your PEMs according to the chart below.

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• Active with 50 QV Personal Volume or more

• Enrollment Tree with either 13,500 QV across four periods (maximum 11,500 per leg) or 3,500 QV this week (maximum 2,625 per leg)

• Fully qualified or have 100 QV Personal Volume

• 100 QV from PEMs on your left leg, and 100 QV from PEMs on your right leg

• Fully qualified or have 100 QV Personal Volume

• One personally enrolled STARTER in your left leg, and one personally enrolled STARTER in your right leg

• Active with 50 QV Personal Volume or more

• Enrollment Tree with either 1,500 QV across four periods or 500 QV this week

• Active with 50 QV Personal Volume or more

• Enrollment Tree with either 4,500 QV across four periods (maximum 4,000 per leg) or 1,200 QV this week

• Second Time Reached: $500 USD each.

• Active with 50 QV Personal Volume or more

• Enrollment Tree with either 37,500 QV across four periods (maximum 29,500 per leg) or 9,000 QV this week (maximum 6,750 per leg)

• Second Time Reached: $1,000 USD each.

• Active with 50 QV Personal Volume or more

• Enrollment Tree with either 75,000 QV across four periods (maximum 45,000 per leg) or 20,000 QV this week (maximum 15,000 per leg)

• Second and Third Time Reached: $1,500 USD ea. Total of $3,000 USD

• Active with 50 QV Personal Volume or more

• Enrollment Tree with either 150,000 QV across four periods (maximum 63,000 per leg) or 40,000 QV this week (maximum 30,000 per leg)

• Second—Fourth Time Reached: $2,000 USD ea. Total of $6,000 USD

• Active with 50 QV Personal Volume or more

• Enrollment Tree with either 300,000 QV across four periods (maximum 120,000 per leg) or 75,000 QV this week (maximum 37,500 per leg)

• Second—Fifth Time Reached: $2,500 USD ea. Total of $10,000 USD

• Active with 50 QV Personal Volume or more

• Enrollment Tree with either 600,000 QV across four periods (maximum 210,000 per leg) or 1 50,000 QV this week (maximum 75,000 per leg)

• Second—Sixth Time Reached: $5,000 USD ea. Total of $25,000 USD

• Active with 50 QV Personal Volume or more

• Enrollment Tree with either 900,000 QV across four periods (maximum 270,000 per leg) or 300,000 QV this week (maximum 1 50,000 per leg)

• Second—Eleventh Time Reached: $10,000 USD ea. Total of $100,000 USD

If you skip over a rank as you advance, you can still receive the bonus(es) associated with the ranks you skipped by meeting the qualifications for those rank(s) in future weeks. Must reach rank twice to receive first Rank Advance Cash Bonus. Only one Rank Advance Cash Bonus will be paid each period.If you’re eligible for multiple Rank Advance Cash Bonuses in one period, you’ll be paid the highest bonus you’re eligible for in that period. Of the past four periods, only periods in which you were active will count toward your rolling four-period volume.

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STARTER

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6-STAR

7-STAR

ALL-STARALL-STARALL-STAR

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Rank advance by qualifying for the Team Bonus and meeting the following requirements.

REACH IT TWICE, GET THE CASH RANK REACH IT ONCE, GET THE RANK

HALL OF FAMEHALL OF FAMEHALL OF FAME

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