Compensation Plan_2023.pdf

Compensation PLAN Africa  Congratulations! WELCOME TO THE NEOLIFE FAMILY! There has never been a better time to be a part of one of the fastest growing health and wellness companies in Africa....

Compensation PLAN Africa  Congratulations! WELCOME TO THE NEOLIFE FAMILY! There has never been a better time to be a part of one of the fastest growing health and wellness companies in Africa. NeoLife offers an exclusive range of quality products and an opportunity for you to take control of your financial future through helping others experience better health. As a Distributor, you are now able to tap into the unlimited earning potential of the NeoLife Compensation Plan. It is a highly rewarding plan, and in no time at all, you’ll be well versed in how it works. If you have questions, feel free to draw upon the expertise of your up-line sponsor or any member of the NeoLife Distributor Services or Sales Support Teams. For more information, contact your local Distributor Centre or Sales Support Team 2 The Distributor Startup Opportunity SUCCESS STARTS HERE! EXCLUSIVE $ COMPENSATION COMPANY PRODUCTS PLAN INFRASTRUCTURE With the NeoLife Distributor Opportunity, we offer what you need to grow a successful NeoLife business. There are low barriers to entry because NeoLife provides the infrastructure that any successful business needs, as well as superior quality, effective products, and generous compensation plan. So instead of having to raise hundreds of thousands of dollars to get started with a traditional startup, NeoLife makes entrepreneurship accessible to everyone. It’s your business on your terms, that can also be passed down as an asset to future generations. Unlike traditional business startups, building a NeoLife business does not require a significant investment in inventory, sales tools, or other materials. NeoLife Distributors are strongly discouraged from purchasing more than they can reasonably consume or sell in any given month, and they are protected by NeoLife’s 100% money-back consumer guarantee as well as repurchase policy for those who decide to leave the business. WE BELIEVE IN PEOPLE! Other companies gain legitimacy and brand awareness with ads on TV and splash marketing campaigns. We do it through people. Because we believe in people. So we don’t spend on advertising, we pay our Distributors instead… purely and simply based on performance. 3  Definitions & Terminology THE PATH TO THE TOP PRESIDENT’S TEAM WORLD TEAM EMERALD DIRECTOR DIRECTOR EXECUTIVE MANAGER SENIOR MANAGER MANAGER DISTRIBUTOR SOME IMPORTANT TERMS: PV – Point Value BV – Bonus Volume PV is a Point Value assigned to each product and is used BV is a currency value assigned to each product to qualify for bonuses, recognition and achievements. on which your bonuses are calculated. BV values PV doesn’t change when prices are adjusted. So no for each product can be found in the Confidential matter what the price of an item, the amount of PV which Distributor Price List. BV changes along with prices must be sold to attain particular bonus qualifications and is therefore an inflation-fighting feature. As the does not vary from year to year. cost of living and product prices go up over time, so does your income! PPV – Personal Point Value Personal PV is the PV on your Distributor Account and Note: BV does not have a fixed relationship to PV for represents the total Point Value of all products that you each product. The average ratio for products sold in have purchased during the month. Africa is approximately $0.60 BV per PV. To participate in NeoLife’s Compensation Plan and Distributor Incentives, you need 100 Personal PV, SRP – Suggested Retail Price which is the minimum monthly activity required Suggested Retail Price is the price NeoLife to participate. recommends that you use to sell to Retail Customers. Suggested Retail Price List is available QPV – Qualified Point Value from NeoLife. QPV is a combined PV figure: your Personal PV for the month plus the PV of all the Distributors you’ve DP – Distributor Price sponsored, and that they have sponsored, extending to Distributor Price is the wholesale price of the next Qualified Director in your downline. Your QPV NeoLife products to the Distributor. All registered determines the percentage of Sales Volume Bonus that Distributors can purchase products directly from you qualify to earn each month. NeoLife at Distributor Price. QUALIFIED DIRECTOR AUTO-SHIP Qualified Director is a Distributor who has the Director Your standing order with NeoLife delivered to you Title and accumulates at least 4,000 QPV. Qualified automatically each month. Placing a 100 PV or more Directors earn the 25% “Top of the Chart” Sales Volume Auto-Ship orders ensures your 100 PPV for the Bonus. month, and that you qualify to earn a Sales Volume Bonus according to your QPV. GROUP PV – Group Point Value Is your QPV, plus the QPV of all Qualified Directors, in your first three levels. 4 Earning is Simple! There are many ways to earn income from your NeoLife business: 1. Retail & Club Member Profit: When you buy earn Leadership Development Bonuses on other at wholesale Distributor Price (DP) and sell at qualified Directors developed in your downline Suggested Retail Price (±20%) or Club Member organisation three levels deep. Price (5-15%). 4. Network Development Bonus (NDB): When To be eligible for Retail Sales Profit and / or you achieve President’s Team you qualify for Member Profit, you need to do a minimum of a Network Development Bonus on your entire 30 Personal Points in a month. network. 2. Sales Volume Bonus: Become a Manager, have 5. Incentives: In addition to Compensation Plan 100 Personal PV and you’re eligible to earn a benefits, NeoLife Distributors are eligible to earn Sales Volume Bonus. regular Incentives, Personal Recognition, Gifts and Travel Rewards based on your performance. 3. Leadership Development Bonus (LDB): When you achieve the Director title you also Distributor Benefits There are many Benefits available for you to enjoy when you maintain your status as an active Distributor: Own a nutrition startup business Personal Website Shop & Share NeoLife’s Exclusive Products Share with other prospective NeoLife Users Save ±20% off Suggested Retail (ShopNeoLife.com/YourName) Earn a Part-Time or Full-Time Income Sharing Good Health http://www.ShopNeoLife.com/YourName Participate in All the Benefits of the NeoLife Compensation Plan Participate in Exciting Incentives like Gifts, Cash and Travel Receive Recognition for your Achievements Premier Personal Development and Leadership Training Resources and Events Complimentary Back Office Website so you can Nutrition and Product Training Manage your Business and Network Online Resources and Events Weight Loss and Fitness Challenges Receive Company Publications and Belong to a Community of World-Changers! Communications including Lifestyle Magazine, and monthly Team-Talk emails N.B Remember to renew your Distributorship every 12 Months, from the Month you started with NeoLife. The illustrations that are included within this Compensation Plan guide are intended to demonstrate how bonuses are computed as hypothetical networks of participants develop. The network illustrations and earnings calculations are not a guarantee or projection of actual income that a NeoLife Distributor will earn through his or her participation in the Compensation Plan. Any guarantee of earnings would be misleading. Success with the NeoLife Compensation Plan results from successful sales efforts and business development on the part of the Distributor. Income applicable to any individuals or examples depicted are not average. 5  Sales Volume Bonus Grow your sales and watch your bonuses grow. The more products you and your Distributors sell, the more income you can make through Sales Volume Bonuses (SVB), starting at 250 QPV. Your Sales Volume Bonus is calculated each month using the percentages shown in the chart. A minimum of 100 Personal PV (PPV) is required to earn a Sales Volume Bonus. Sales Volume Bonus Chart TIP: The best way to ensure that you reach your 100 PPV requirement is to place a DISTRIBUTOR TOTAL SALES monthly Auto order. RANK MONTHLY VOLUME QPV BONUS DIRECTORS 4,000 25% QPV – Qualified Point Value QPV is a combined PV figure: your Personal PV 3,000 20% for the month plus the PV of all the Distributors you’ve sponsored, and that they have sponsored, Executive Managers 2,000 15% extending to the next Qualified Director in your downline. Your QPV determines the percentage Senior Managers 1,000 10% of Sales Volume Bonus that you qualify to earn each month. Managers 500 5% SALES VOLUME BONUS A bonus paid monthly. Your SVB level is Distributors 250 3% determined by your QPV. SVB is calculated using the BV (Bonus Volume) you accrue in a sales month. BV – Bonus Volume BV is a currency value assigned to each product on which your bonuses are calculated. BV values for each product can be found in the Confidential Distributor Price List. BV changes along with prices and is therefore an inflation-fighting feature. As the cost of living and product prices go up over time, so does your income! 6 Advance Your Distributor Title As your monthly sales volume increases, you'll step up to higher Distributor titles. Manager 500 QPV & up to 5% SVB QUALIFICATIONS BENEFITS Accumulate volume from your orders plus the All the Distributor benefits plus... orders of Distributors you sponsored for a total Earn a Sales Volume Bonus of up to 5%* of 500 QPV (Qualified Point Value) in one month, Receive a “Manager” pin recognising with at least 100 Personal PV. your achievement. This PV can be accumulated from multiple orders. Attend NeoLife sales meetings, team training, and special events. Senior Manager 1,000 QPV & up to 10% SVB QUALIFICATIONS BENEFITS Accumulate 1,000 QPV in one month All the Manager benefits plus... with 100 PPV. Earn a Sales Volume Bonus of up to 10%** Special Note: You can achieve both your Receive a “Senior Manager” pin recognising Manager and Senior Manager qualifications in your achievement. the same month. Attend Senior Manager training and other Qualified Senior Manager: Once you reach Senior leadership events. Manager, maintain "Qualified Status" by achieving Active Senior Managers will advance to Director 1,000 QPV in a month, and lock in a 10% or more and a 25% Sales Volume Bonus when they Sales Volume Bonus for that month. accumulate 4,000 QPV in a month! Executive Manager 2,000 QPV & UP TO 20% SVB QUALIFICATIONS BENEFITS Accumulate 2,000 QPV in one month with 100 All the Senior Manager Benefits plus … Personal PV. Earn a Sales Volume Bonus up to 20%. *** Special Note: You can achieve your Manager, Receive a “Executive Manager” pin Senior Manager and Executive Manager recognising your achievement. qualifications in the same month. Attend Executive Manager training and other Qualified Executive Manager: Once you reach leadership events. Executive Manager, maintain "Qualified Status" by Active Executive Managers will advance achieving 2,000 QPV in a month, and lock in a 15% to Director and a 25% Sales Volume Bonus or more Sales Volume Bonus for that month.. when they accumulate 4,000 QPV in a month! *A Qualified Manager with 500 QPV will earn a 5% SVB. If not Qualified in a month, you earn according to the SVB chart. (ex. 250 QPV+ earns 3%). **A Qualified Senior Manager with 1,000 QPV+ earns 10%. If you accumulate 3,000 QPV in a month, your earnings increase to 20%. If not Qualified in a month, you earn according to the SVB chart. *** A Qualified Executive with 2,000 QPV earns 15%. If you accumulate 3,000 QPV in a month, your earnings increase to 20%. If not Qualified in a month, you earn according to the SVB chart. 7  Senior Manager Profit Illustration NeoLife’s Sales Volume Bonus (SVB) rewards you not just for your orders, but also for the orders placed by all the Distributors in your team! In the example below, you ordered 250 PV of product and so did each of the 4 Distributors that you’ve sponsored into your team: Monthly QPV Determines Your Bonus % QUALIFIED PV (QPV) YOU SENIOR MANAGER Example Distributor PPV 250 PPV You 250 A B 250 PPV 250 PPV +A 250 +B 250 C +C 250 250 PPV +D 250 TOTAL: 1,250 QPV SVB BONUS % FOR YOU IS 10% D 250 PPV QUALIFIED PV (QPV) YOUR TEAM EARNS SVB ACCORDING TO THEIR OWN QPV YOU EARN ON THE VOLUME OF THEIR ORDERS A has 250 QPV and earns 3% SVB 7% (Your 10% rate less 3% earned by A) 7% X 250 = $17.50 C has 500 QPV and earns 5% SVB 5% (Your 10% rate less 5% earned by C) 5% X 500 = $25.00 B has 250 QPV and earns 3% SVB 7% (Your 10% rate less 3% earned by B) 7% X 250 = $17.50 *For simplicity the income illustrations on this page assume Plus 10% on your own Orders 10% X 250 = $25.00 that BV is equal to PV. Actual Sales Volume Bonuses would be significantly larger when paid on true BV. YOUR TOTAL SALES VOLUME BONUS $85.00 THE POWER OF NETWORKING! Notice that by introducing others to NeoLife, you as a Qualified Senior Manager increase your QPV to 1,250. Without the network of Distributors, you would have had only 250 PV and earn 3% Sales Volume Bonus. By sponsoring others into NeoLife, you accumulate 1,000 PV as a Qualified Senior Manager and qualify to earn up to 10% Sales Volume Bonus. REACH FOR HIGHER BONUS LEVELS ON THE CHART! In this example, your Bonus was based upon your 1,250 QPV and you qualified for 10%. Note that by reaching 2,000 QPV your Bonus rate would have been 15% and you would earn an additional 5% on all the orders in your network of Distributors! 8 Achieving Director is Your Key to Success Achieving Director puts you in position to maximise your earning potential by earning the highest Sales Volume Bonus of 25%! Director 4,000 QPV & up to 25% SVB QUALIFICATIONS BENEFITS OPTION 1 All the Executive Manager benefits plus... Two simple steps: Earn the maximum Sales Volume Bonus (25%). 1. Be a Qualified Executive Manager or higher (at least 2,000 QPV) and Active Distributor.* A prestigious “Director” pin. Earn Leadership Development Bonuses. 2. Accumulate 4,000 QPV in a sales month. Be recognised in publications and at events. *You must have 100 Personal PV and 2,000 QPV Participate in specialised Director training. or higher in the sales month prior to achieving Director. Active Distributors maintain at least 100 Earn special Director incentives including travel Personal PV each month. to special NeoLife events. OPTION 2 Two simple steps: 1. Be a NeoLife Qualified Senior Manager and Active Distributor. 2. Accumulate 10,000 QPV in a 6 month period with at least 100 Personal PV each month & 4,000 QPV in your last month of qualifying. 9  Achieving Director is Your Key to Success This NeoLife business would earn more than $10,000 per year! YOU DIRECTOR 12 5,200 QPV CUSTOMERS 12 12 12 TOM CUSTOMERS MARY CUSTOMERS JOE CUSTOMERS BUILD YOUR BASIC 3 You have 12 Customers. You have started 3 other people as Distributors and they also have 12 Customers each. In our illustration, we assume each Customer is using 100 PV worth of product. New customers may start with less than this, but regular customers often use much more. A Director-size business built in this way would earn approximately $10,000 per year including incentives! This is an excellent income for part-time work. The illustration above is designed to simplify the explanation of how a NeoLife business is built. The Director Model accumulating 5,200 QPV is illustrated throughout these income examples. The minimum qualification for Qualified Director is 4,000 QPV; however the average QPV among Qualifying Directors is significantly higher. In NeoLife examples this Director Model is commonly used. Example illustration only. These sales network illustrations and earnings calculations are not a guarantee or projection of actual income that a NeoLife Distributor will earn through his or her participation in the Compensation Plan. Any guarantee of earnings would be misleading. Success with the NeoLife Compensation Plan results from successful sales efforts and business development on the part of the Distributor. Income applicable to the individuals (or examples) depicted are not average. 10 Understanding How SVB is Calculated Complete this fill-in-the-blank exercise with your upline sponsor for an understanding of how earnings are calculated. Sales Volume Bonus Chart DISTRIBUTOR TOTAL SALES RANK MONTHLY VOLUME QPV BONUS DIRECTORS 4,000 25% 3,000 20% Executive Managers 2,000 15% Senior Managers 1,000 10% Managers 500 5% YOU Distributors 250 3% 100 PPV 4,000 QPV % % % % % YOU EARN 100 QPV 300 QPV 500 QPV 1,000 QPV 2,000 QPV % % % % % THEY EARN When you develop a downline Director (4,000 QPV) your earnings on their volume shifts to the Leadership Development Bonus (LDB)! See page 15. They Earn: 0%, 3%, 5%, 10%, 15% A: (Left to Right) You Earn: 25%, 22%, 20%, 15%, 10% 11  Your Next Step: Achieve Emerald Director Becoming an Emerald Director reflects consistency in your growing Director business. Emerald Director QUALIFICATIONS BENEFITS 1. Be a NeoLife Director. All the Director benefits plus... 2. Achieve 3 consecutive months as a Qualified Receive a prestigious “Emerald Director” Pin. Director with at least 100 PPV and 4,000 QPV. Earn Leadership Development Bonuses. Maintaining Emerald Director: Be recognised in publications and at events. Once you become an Emerald Director, maintain your qualification by achieving Qualified Director Qualify to attend Leadership School. status with 4,000 QPV a minimum of 1 in every 3 You’re one step closer to achieving World months and at least 100 PPV each month. Team and all its benefits including exciting Travel Incentives! Exciting Incentives Available to Emeralds!* GET AN EXCLUSIVE INVITE TO Emerald Directors who remain qualified at title for 6 consecutive months. Do 25,000 QPV, sponsor 25 Leadership School new Distributors in your Director Team, of which 3 new Distributors must be personally sponsored.* *See International Incentives book for more details. Available at ShopNeoLife.com Login to your back office at ShopNeoLife.com > Go to 'Resource' > click on 'Resource Library' > scroll down to your regional 'International Incentives Book'. Incentives are subject to change at the discretion of the company. 12 NeoLife World Team Developing Qualified Directors is your springboard to success! WORLD TEAM QUALIFICATIONS: WORLD TEAM BENEFITS: 1. Achieve the specified amount of First Level Receive a World Team Pin. Director Legs* and Total Group PV as listed in Qualify for special incentives like step-up the chart for a given title. consistency cash. 2. Maintain that level for a total of 3 months within Attend World Team Conference and travel to a six-month period, and you earn your World luxurious vacation destinations. Team/President’s Team title. Be recognised in publications and on-stage at events. Attend special meetings, trainings, PRO TIP: Keep it up! and invitation-only events. Achieve 3 consecutive months at your new World Team title, and earn a Step-Up Bonus of PRESIDENT'S TEAM BENEFITS: $400 - $26,000!** All the World Team Benefits Plus… Your step-up month can be counted as the first month of the Receive a President’s Team Pin, made of real 3 consecutive month requirement. gold and precious gemstones. *"First Level Director Legs" refers to Qualified Directors or higher in your Qualifying Team. Attend Diamond Director Lifestyle events at the most **See International Incentives book for more details. Available highly sought after destinations around the world. at ShopNeoLife.com. Login to your back office at ShopNeoLife. com > Go to 'Resource' > click on 'Resource Library' > scroll Qualify for exclusive incentives including down to your regional 'International Incentives Book'. President’s Team Consistency Cash of up to Incentives are subject to change at the discretion $20,000, President’s Team Emerald Director of the company. Development Bonus of up to $50,000, and much, much more! World Team Qualification Chart TITLE QUALIFICATIONS TIP: Group PV is your First Level Director Legs Total Group PV QPV plus the QPV of three levels of 5 Diamond Director 18 500,000 Qualified Directors in your group. PRESIDENT'S TEAM 4 Diamond Director 16 400,000 3 Diamond Director 14 300,000 2 Diamond Director 12 250,000 1 Diamond Director 10 200,000 5 Ruby Director 8 150,000 4 Ruby Director 6 100,000 3 Ruby Director 5 50,000 2 Ruby Director 4 30,000 1 Ruby Director 3 20,000 Sapphire Director 1 10,000 Maintain your World Team or President's Team title by qualifying a minimum of 3 out of 12 months (January - December) in the current calendar year. 13  The Power of Duplication YOUR BUSINESS: BUILDING THROUGH DUPLICATION Each of the Directors in the illustration below has developed their own network of Customers and Distributors, and so each is maintaining a business averaging approximately 5,200 Points per month. A NeoLife business structured like this would earn more than $20,000 per year! 1 RUBY DIRECTOR QUALIFICATIONS: 3 Qualified Director Legs 20,000 Group PV YOU DIRECTOR 12 5,200 QPV CUSTOMERS TOM 12 MARY 12 JOE 12 DIRECTOR CUSTOMERS DIRECTOR CUSTOMERS DIRECTOR CUSTOMERS This illustration also shows you continuing to service your 12 customers, but it’s important to note that Directors at this level have quite often built a much larger personal customer base—and are therefore earning much more residual income than that indicated by this basic illustration. This is a simplified illustration of a 1 Ruby Director-size NeoLife business. Example illustration only. These sales network illustrations and earnings calculations are not a guarantee or projection of actual income that a NeoLife Distributor will earn through his or her participation in the Compensation Plan. Any guarantee of earnings would be misleading. Success with the NeoLife Compensation Plan results from successful sales efforts and business development on the part of the Distributor. Income applicable to the individuals (or examples) depicted are not average. 14 Leadership Development Bonus HERE’S HOW IT WORKS: EXAMPLE: When you help others to grow their own Director-size NeoLife business, they begin earning top-of-the-chart Sales Volume Bonus—and your earnings on their volume shifts to YOU Up to 6% Leadership Development Bonus. SAPPHIRE DIRECTOR AND ABOVE Leadership Development Bonus is how NeoLife rewards your leadership role in developing your network of Up to 4% QUALIFIED Director-size businesses. DIRECTOR You earn Leadership Development Bonus on 3 levels of Qualified Directors: As you advance up the Up to 4% QUALIFIED World Team to 3 Ruby Director, your DIRECTOR Bonus percentages grow to 6% on your First-Level Directors, 4% on your Second-Level Directors, and 4% on your Third-Level Directors. QUALIFIED DIRECTOR Leadership Development Bonus Chart TITLE QUALIFICATIONS 1st Level 2nd level 3rd level 4 Ruby and above 6% 4% 4% 3 Ruby Director 6% 4% 4% QUALIFIED 2 Ruby Director 6% 4% 3% 1 Ruby Director 6% 3% 2% Sapphire Director 6% 2% 1% Director 5% 2% 1% For qualification requirements, see page 13. 15  The Ultimate Reward: JOINING THE PRESIDENT'S TEAM Using the Power of Duplication, in this illustration you have now helped a total of 6 Directors and they have each helped 3 others to achieve a Director-size business. A NeoLife business structured like this would earn approximately $60,000 per year! 4 RUBY DIRECTOR QUALIFICATIONS: DIRECTOR 6 Qualified Director Legs 100,000 Group PV YOU 4 RUBY DIRECTOR DIRECTOR DIRECTOR DIRECTOR DIRECTOR DIRECTOR Example illustration only. These sales network illustrations and earnings calculations are not a guarantee or projection of actual income that a NeoLife Distributor will earn through his or her participation in the Compensation Plan. Any guarantee of earnings would be misleading. Success with the NeoLife Compensation Plan results from successful sales efforts and business development on the part of the Distributor. Income applicable to the individuals (or examples) depicted are not average. 16  Network Development Bonus WHAT IS A NETWORK DEVELOPMENT BONUS? As you continue to take advantage of the Power of As a Diamond Director you earn 0.5% bonus on all the Duplication, adding new Directors and helping your Directors in your network, up to and including the first group develop Directors in their networks, you will Diamond Director below you. This is regardless of the achieve 4 Ruby Director title which makes you a member status of that Diamond Director, and continues down of the elite President’s Team — and you begin earning through all levels until another Diamond Director is your Network Development Bonus (NDB). reached. 4 Ruby Directors and above earn their Network These Network Development Bonuses are paid in Development Bonus on their entire network’s addition to the Leadership Development Bonuses organisations, through unlimited levels, down to and you earn! including the next Director of the same pay status. President's Team — Network Development Bonus Payment on First Level Diamond Director Legs / Group Own Team 4 Ruby 5 Ruby 1 Diamond 2-5 Diamond 5 Diamond Director 18 / 500,000 3.0% 2.5% 2.0% 1.0% 0.5% 4 Diamond Director 16 / 400,000 3.0% 2.5% 2.0% 1.0% 0.5% 3 Diamond Director 14 / 300,000 3.0% 2.5% 2.0% 1.0% 0.5% 2 Diamond Director 12 / 250,000 3.0% 2.5% 2.0% 1.0% 0.5% 1 Diamond Director 10 / 200,000 2.0% 1.5% 1.0% 0.5% 0.5% 5 Ruby Director 8 / 150,000 1.0% 0.5% 0.5%* 4 Ruby Director 6 / 100,000 0.5% 0.5%* *Paid on downline Qualified Directors under Ruby Directors of the same status. WITH NEOLIFE, THERE IS NO LIMIT ON YOUR INCOME! You help yourself by helping others—the bigger you build, the more you earn! YOU 6% LDB + 3% NDB = Up to 9% DIAMOND DIRECTOR AND ABOVE 4% LDB + 3% NDB = Up to 7% 1 ST LEVEL DIRECTOR 4% LDB + 3% NDB = Up to 7% 2 LEVEL ND DIRECTOR Up to 3% NDB 3 RD LEVEL DIRECTOR 4TH LEVEL DIRECTOR + UNLIMITED LEVELS! 17  Notes 18 19 NeoLifeSA NeoLifeSA NeoLifeAfrica NeoLife_Africa NeoLife_Africa NeoLife.com © April 2023. NeoLife International. All rights reserved. Code 322.