Compensation Plan Strategy April 11, 2017
Compensation Plan Strategy April 11, 2017
DISCLAIMER FOR ORGANIZATIONAL BONUSES OF NEW COMP PLAN
All income is earned through the sale of Mannatech products.
TITLE
All commissions, bonuses, and incentive awards are earned through the sale of Mannatech products.
SUBHEADER
POSITIVE FACTS ABOUT NEW COMP PLAN: 50% more Associates will be earning income each month from Mannatech! Mannatech will have approximately 6,000 additional people earning income in the new plan (who currently earn zero income). The average new amount for these individuals will be $24.31 per person! OTHER FUN FACTS: (More Associates making more money.) • • •
2% more $1,000 earners. 14% more $2,500 earners. 40% more $10,000 earners.
DISCLAIMER FOR MODELING INFO OF NEW COMP PLAN
This information details estimated commissions earned at specific leadership levels under the new compensation plan. It is only an estimate and is not a representation of what you will earn under Mannatech’s new compensation plan, as the changes have not been implemented. Your individual, actual earnings under the new compensation plan may be different and are dependent on various factors including, the sales volume generated by you and your downline, your customer base, and the time devoted to your business. All commissions, bonuses, and incentive awards are earned through the sale of Mannatech products.
NEW MODEL INCOME
$1998
v
$991 $662 $303
$194 $39 $13
$93
NEW MODEL INCOME
$59,841
v
$35,145
$20,531 $13,073 $6,891 $3,555
REALISTIC EXPECTATIONS AND STRATEGIES FOR THE NEW PLAN
REALISTIC EXPECTATIONS Current Plan
INCOME
$$$
RD 5,999 V
RD 1,500 V
$$ TEAM 600 V
$
ND 19,999 V
ND 6,000 V
TEAM 1,499 V
REALISTIC EXPECTATIONS New Plan
INCOME
$$$
RD 5,999 V
RD 1,500 V
$$ TEAM 600 V
$
ND 19,999 V
ND 6,000 V
TEAM 1,499 V
REALISTIC EXPECTATIONS INCOME
$$$
RD 5,999 V
RD 1,500 V
$$ TEAM 600 V
$
ND 19,999 V
ND 6,000 V
TEAM 1,499 V
NEW COMPENSATION PLAN STRATEGY WHAT SHOULD I DO RIGHT NOW? 1. Team Bonus Earners 2. Directors (Currently called RD) 3. Go for 10K! 4. Go for 40K and Beyond!
NEW COMPENSATION PLAN STRATEGY WHAT SHOULD I DO RIGHT NOW? Team Bonus Earners • New Monthly Auto Order Schedule. • Simple to earn more than current $60 TB (Do Something Plan). • Own order counts towards volume/pay. • A2 qualifications is 750 DPV (300 side volume). • A2 earns 2 levels of Uni-Level and new Customer Bonuses. • Add one or two new Preferred Customers or Associates. • Keep Going.
NEW COMPENSATION PLAN STRATEGY WHAT SHOULD I DO RIGHT NOW? Directors (Currently called RD) • Work with your Team Earners, especially those that you have enrolled, and help them qualify as A2 (750 DPV) or higher. • Earn $30 Mentor Bonus for each one. • Grow your PPV circle (your order PLUS customers). 150 minimum PPV • Enroll new Associates, and help them to A2 or higher.
NEW COMPENSATION PLAN STRATEGY WHAT SHOULD I DO RIGHT NOW? Go for 10K! • Check Match starts at Executive Director 1 (10K). o
Earn check match on First Generation Leaders.
• Enroll new associates and help them to A2 or higher. • Work with existing team to earn Mentor Bonus. o
Mentor adds $30 - $100 per month to Enroller per leader.
• Grow your PPV circle. 150 minimum PPV
NEW COMPENSATION PLAN STRATEGY WHAT SHOULD I DO RIGHT NOW? Go for 40K and Beyond! • New PD level is 40K. • Expecting hundreds of new PDs (will you be one of them?) • Bronze to Platinum o Volume plus more flexible structure o More Platinum PD’s
DRAFT Confidential Document of Comp Plan Concepts: • Not for distribution • Not finalized • The requirements and rules are still being determined. • This Comp Plan has not been formally approved.
DISCLAIMER FOR ORGANIZATIONAL BONUSES OF NEW COMP PLAN
All income is earned through the sale of Mannatech products.
TITLE
All commissions, bonuses, and incentive awards are earned through the sale of Mannatech products.
SUBHEADER
POSITIVE FACTS ABOUT NEW COMP PLAN: 50% more Associates will be earning income each month from Mannatech! Mannatech will have approximately 6,000 additional people earning income in the new plan (who currently earn zero income). The average new amount for these individuals will be $24.31 per person! OTHER FUN FACTS: (More Associates making more money.) • • •
2% more $1,000 earners. 14% more $2,500 earners. 40% more $10,000 earners.
DISCLAIMER FOR MODELING INFO OF NEW COMP PLAN
This information details estimated commissions earned at specific leadership levels under the new compensation plan. It is only an estimate and is not a representation of what you will earn under Mannatech’s new compensation plan, as the changes have not been implemented. Your individual, actual earnings under the new compensation plan may be different and are dependent on various factors including, the sales volume generated by you and your downline, your customer base, and the time devoted to your business. All commissions, bonuses, and incentive awards are earned through the sale of Mannatech products.
NEW MODEL INCOME
$1998
v
$991 $662 $303
$194 $39 $13
$93
NEW MODEL INCOME
$59,841
v
$35,145
$20,531 $13,073 $6,891 $3,555
REALISTIC EXPECTATIONS AND STRATEGIES FOR THE NEW PLAN
REALISTIC EXPECTATIONS Current Plan
INCOME
$$$
RD 5,999 V
RD 1,500 V
$$ TEAM 600 V
$
ND 19,999 V
ND 6,000 V
TEAM 1,499 V
REALISTIC EXPECTATIONS New Plan
INCOME
$$$
RD 5,999 V
RD 1,500 V
$$ TEAM 600 V
$
ND 19,999 V
ND 6,000 V
TEAM 1,499 V
REALISTIC EXPECTATIONS INCOME
$$$
RD 5,999 V
RD 1,500 V
$$ TEAM 600 V
$
ND 19,999 V
ND 6,000 V
TEAM 1,499 V
NEW COMPENSATION PLAN STRATEGY WHAT SHOULD I DO RIGHT NOW? 1. Team Bonus Earners 2. Directors (Currently called RD) 3. Go for 10K! 4. Go for 40K and Beyond!
NEW COMPENSATION PLAN STRATEGY WHAT SHOULD I DO RIGHT NOW? Team Bonus Earners • New Monthly Auto Order Schedule. • Simple to earn more than current $60 TB (Do Something Plan). • Own order counts towards volume/pay. • A2 qualifications is 750 DPV (300 side volume). • A2 earns 2 levels of Uni-Level and new Customer Bonuses. • Add one or two new Preferred Customers or Associates. • Keep Going.
NEW COMPENSATION PLAN STRATEGY WHAT SHOULD I DO RIGHT NOW? Directors (Currently called RD) • Work with your Team Earners, especially those that you have enrolled, and help them qualify as A2 (750 DPV) or higher. • Earn $30 Mentor Bonus for each one. • Grow your PPV circle (your order PLUS customers). 150 minimum PPV • Enroll new Associates, and help them to A2 or higher.
NEW COMPENSATION PLAN STRATEGY WHAT SHOULD I DO RIGHT NOW? Go for 10K! • Check Match starts at Executive Director 1 (10K). o
Earn check match on First Generation Leaders.
• Enroll new associates and help them to A2 or higher. • Work with existing team to earn Mentor Bonus. o
Mentor adds $30 - $100 per month to Enroller per leader.
• Grow your PPV circle. 150 minimum PPV
NEW COMPENSATION PLAN STRATEGY WHAT SHOULD I DO RIGHT NOW? Go for 40K and Beyond! • New PD level is 40K. • Expecting hundreds of new PDs (will you be one of them?) • Bronze to Platinum o Volume plus more flexible structure o More Platinum PD’s
DRAFT Confidential Document of Comp Plan Concepts: • Not for distribution • Not finalized • The requirements and rules are still being determined. • This Comp Plan has not been formally approved.
