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Mannatech’s new enhanced compensation plan

Date post: 23-Feb-2016
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Mannatech’s new enhanced compensation plan. 1. 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 . 2. So where was this money being rewarded? . - PowerPoint PPT Presentation
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Page 1: Mannatech’s new enhanced compensation plan

Mannatech’s new enhanced compensation plan

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Page 2: Mannatech’s new enhanced compensation plan

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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Page 3: Mannatech’s new enhanced compensation plan

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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Page 4: Mannatech’s new enhanced compensation plan

The compensation plan enhancements

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Page 5: Mannatech’s new enhanced compensation plan

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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Page 6: Mannatech’s new enhanced compensation plan

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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Page 7: Mannatech’s new enhanced compensation plan

• 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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Page 8: Mannatech’s new enhanced compensation plan

Organisational Income

PV now on ALL Packs

Makes it easier to earn:

• Team Bonus

• Leadership

• Lifestyle Rewards

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Page 9: Mannatech’s new enhanced compensation plan

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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Page 10: Mannatech’s new enhanced compensation plan

Summary of bonuses

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Page 11: Mannatech’s new enhanced compensation plan

Summary of bonuses

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Page 12: Mannatech’s new enhanced compensation plan

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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Page 13: Mannatech’s new enhanced compensation plan

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Page 15: Mannatech’s new enhanced compensation plan

Mannatech loyalty program

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Page 16: Mannatech’s new enhanced compensation plan

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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Page 17: Mannatech’s new enhanced compensation plan

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

Page 18: Mannatech’s new enhanced compensation plan

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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Page 19: Mannatech’s new enhanced compensation plan

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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Page 20: Mannatech’s new enhanced compensation plan

Summary

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