LPGN comp plan
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The document outlines LifePharm Global Network's new compensation plan created by its independent business owners. It provides bonuses and commissions for enrolling new members, retail profits, fast start bonuses for new enrollments, break even bonuses on auto-delivery orders, and matrix bonuses on sales in business networks up to 12 levels deep. Higher ranks like Builder, Leader, and Premier provide additional bonuses on personal and network sales volumes.
LPGN comp plan
- 1. 1 COMPENSATION PLAN AUGUST 2013
- 2. LifePharm, Inc. is the parent company of LifePharm Global Network, which has been involved in the development, marketing and distribution of premium nutraceutical and cosmeceutical products since 2001. LifePharm, Inc.’s products are currently available in over 1300 retail outlets throughout Southeast Asia. In creating this Compensation Plan, we did not hire a specialist or consultant who naturally tends to create a plan beneficial to the company. Instead, we sat down with various networking business leaders from the US and various countries such as yourselves and let ‘you’ have a free reign on creating what would be a money making plan entirely from your point of view. Our aim was to come up with a totally unprecedented, yet simple, straight forward and easy to achieve Compensation Plan, unequalled and unparalleled to any companies out there. We are proud to unveil a totally new approach in compensation, which we believe to be the first and only plan in the world that was created entirely by ‘you’, our Independent Business Owners (IBOs) and associates, with the main objective of ensuring you never fail in the networking business again. 2 BY FORYOU By You, For You
- 3. 3 Each new IBO who enrolls with an Enrollment Package will receive LPGN products, a website and a Virtual Office for their business. FAST START BONUS - earn a Fast Start Bonus for each person you enroll. LPGN pays you a percentage of the personal CV on each new IBO sponsored BREAK EVEN BONUS - each month LPGN will pay you $4 on the Auto-Delivery volume of each IBO you enrolled. This is limited up to the monthly amount of your own Auto-Delivery. Get your shipments of Laminine for free every month! START BUILDING YOUR TEAM Start Building Your Team
- 4. RETAIL YOU CUSTOMER PROFIT EXAMPLE WHOLESALE RETAIL PRICE PRICE $10 $33/BOX $43/BOX YOU EARN Paid Weekly Retail Profit 4
- 5. FAST START BONUS Only on the first order of your personally enrolled members. You receive 15% of the CV of the initial order on all IBOs that you personally enroll into LifePharm Global Network Paid Weekly Fast Start Bonus 5
- 6. BREAK EVEN BONUS A Break Even Bonus will be paid back to you on all Auto-Delivery orders made by IBOs you have directly enrolled Only on Auto-Delivery orders of your personally enrolled members Paid Weekly $100 maximum/week LAMININE $4/BOX* Packages with multiple boxes of Laminine have different set values. Break Even Bonus will not exceed your own personal order value in a month Break Even Bonus 6
- 7. 7 PERSONAL ENROLLMENTS* OR BUILDERS PERSONAL VOLUME 10 5 43 CV PERSONAL ENROLLMENTS* PERSONAL VOLUME 2 25 CV PERSONAL ENROLLMENTS* PERSONAL VOLUME 3 25 CV PERSONAL ENROLLMENTS* OR BUILDERS PERSONAL VOLUME 6 2 25 CV *The number of persons required for each rank must be active IBOs. Any personally sponsored IBOs that are terminated or suspended will not be counted towards the number of personal enrollments required for each rank. Rank Qualifications RANK QUALIFICATIONS ASSOCIATE BUILDER LEADER PREMIER
- 8. 2X12 MATRIX BONUS Get paid commissions on sales from your team weekly. Commission is calculated from the total commissionable volume from all products sold in a given week. Each product sold has an assigned CV. Enroll two people and become an Associate and get paid down 7 compressed levels. You must meet the minimum 25 CV to qualify. LEVEL 1 LEVEL 2 LEVEL 3 LEVEL 4 LEVEL 5 LEVEL 6 LEVEL 7 GET PAID 2% GET PAID 2% GET PAID 3% GET PAID 4% GET PAID 4% GET PAID 4% GET PAID 4% ASSOCIATE Paid Weekly 25 CV & 2 PERSONAL ENROLLMENT 2X12 Matrix Bonus 8
- 9. 9 MATRIX BONUS LEVEL 1 LEVEL 2 LEVEL 3 LEVEL 4 LEVEL 5 LEVEL 6 LEVEL 7 LEVEL 8 LEVEL 9 LEVEL 10 LEVEL 11 LEVEL 12 LEVEL 1 LEVEL 2 LEVEL 3 LEVEL 4 LEVEL 5 LEVEL 6 LEVEL 7 LEVEL 8 LEVEL 9 LEVEL 10 LEVEL 11 LEVEL 12 LEVEL 1 LEVEL 2 LEVEL 3 LEVEL 4 LEVEL 5 LEVEL 6 LEVEL 7 LEVEL 8 LEVEL 9 LEVEL 10 LEVEL 11 LEVEL 12 GET PAID 2% GET PAID 2% GET PAID 3% GET PAID 4% GET PAID 4% GET PAID 4% GET PAID 4% GET PAID 4% GET PAID 4% GET PAID 4% GET PAID 2% GET PAID 2% GET PAID 3% GET PAID 4% GET PAID 4% GET PAID 4% GET PAID 4% GET PAID 4% GET PAID 4% GET PAID 4% GET PAID 4% GET PAID 2% GET PAID 2% GET PAID 3% GET PAID 4% GET PAID 4% GET PAID 4% GET PAID 4% GET PAID 4% GET PAID 4% GET PAID 4% GET PAID 4% GET PAID 3% BUILDER LEADER PREMIER 25 CV & 3 PERSONAL ENROLLMENTS 25 CV & 6 PERSONAL ENROLLMENTS OR 2 BUILDER RANK IBOS 43 CV & 10 PERSONAL ENROLLMENTS OR 5 BUILDER RANK IBOS All levels receive dynamic compression to pay bonus on a weekly basis. Rank Bonus Grow with us and get paid more commissions on more levels.
- 10. MATRIX MATCH BONUS Receive an additional bonus on your first two personally enrolled IBOs matrix earnings. This is paid as a percentage from their weekly matrix income. Paid Weekly ASSOCIATE 15% LEADER 20% BUILDER 20% PREMIER 20% Matrix Match Bonus 10
- 11. GENERATION TREE & MATRIX TREE GENERATION TREE YOU ANN MIKE In the generational tree, my new personally sponsored IBO, Joe, will Automatically fall in my First Generation. GENERATION TREE MATRIX TREE ANN MIKE In the matrix tree, I have the choice of placing my new personally sponsored IBO, Joe, into any of the 4 open spots on level 2. MATRIX TREE YOU JOE JOE YOU ANN MIKE JOE JOE ALEX YOU ANN MIKE BOB JOE JOE ALEX When Joe enrolls somebody new, (Let’s say Alex) he is automatically placed below Joe. He is considered Joe’s first generation and my second generation. When Joe enrolls somebody new, (Let’s say Alex) he has the option of placing him in any one of the open spots under him, as long there is someone located above that open spot in the matrix. Coded Bonus 11
- 12. 12 CODED BONUS The Coded Bonus pays “Infinity Wide” beginning from the 3rd IBO you personally enroll and each one you personally enroll thereafter. The Coded Bonus percentage is based on your Rank: Builder - 2% of the CV Leader - 6% of the CV Premier - 10% of the CV The Coded Bonus also pays Infinity Deep. Beginning with your 3rd personally enrolled IBO, and their first 2 personally enrolled and their “First Two” and their “First Two” and their “First Two” and so on Infinity Deep. 10% 10% 0% 0% Must maintain personal CV sales volume assigned to each rank per month. Coded Bonus 1ST PERSONAL 2ND PERSONAL 3RD PERSONAL 4TH PERSONAL 5TH PERSONAL 10% 10% 10% 10% 10% 10% 10% 10% 10% Paid Weekly. 10% 10% 10% 0% YOU 10%
- 13. 13 CODED MATCH BONUS You will be paid a Coded Match Bonus from a percentage of the Coded Bonus earnings when those coded to you earn the Coded Bonus. You will be able to earn from your compressed first 5 qualified Coded Generation Teams.* *Any IBO coded to you who opens their coded bonus earnings, by personally sponsoring a third enrollee under them, is your 1st generation coded match. You can earn a Coded Match Bonus through up to 5 coded generations with unlim-ited width and depth in your Generational Tree! YOU Must maintain personal CV sales volume assigned to each rank per month. Coded Match Bonus Paid Weekly 1ST PERSONAL 2ND PERSONAL 1ST C.M. 2ND C.M. 3RD C.M. 4TH C.M. 5TH C.M. 3RD C.M. 4TH C.M. 2ND C.M. 1ST C.M. 3RD C.M. 4TH C.M. 2ND C.M. 1ST C.M. 3RD PERSONAL 1ST C.M. 2ND C.M. 3RD C.M. 4TH C.M. 5TH C.M. 3RD C.M. 4TH C.M. 2ND C.M. 1ST C.M. 3RD C.M. 4TH C.M. 2ND C.M. 1ST C.M. 3RD PERSONAL 1ST C.M. 2ND C.M. 3RD C.M. 4TH C.M. 5TH C.M. 3RD C.M. 4TH C.M. 2ND C.M. 1ST C.M. 3RD C.M. 4TH C.M. 2ND C.M. 1ST C.M.
- 14. 14 Below percentages are floating, descending in order to cap 60% payout on the total commissionable volume CODED MATCH BONUS (continued) GENERATION 1 15% 15% 15% GENERATION 2 5% 10% 10% GENERATION 3 10% GENERATION 4 10% GENERATION 5 5% BUILDER LEADER PREMIER Pays an extra 15% on qualifying IBOs on 1st generation. Pays an additional 5% on 2nd generation. Pays an extra 15% on qualifying IBOs on 1st generation. Pays an additional 10% on 2nd generation. Pays an extra 15% on qualifying IBOs down on 1st generation. Pays an additional 10% on 2nd generation, 10% on 3rd generation, 10% on 4th generation and 5% on 5th generation. Coded Match Bonus
- 15. For IBOs at Builder and Leader ranks, reach 20,000 CV in Team Generation Volume in a given month and earn an extra 2% from your team’s total volume. Premier rank receives 5% monthly. You earn up to a 5% bonus of your total Generation Leg Volume up until any individual generational leg reaches a monthly total of 20,000 CV or more. Once any of your generation legs hits 20,000 CV or more, that generation leg breaks away and you become eligible for either the Leadership Match Bonus or share(s) in the Global Pool. Please see details of the Leadership Match Bonus and the Global Pool Bonus for more information. 15 LEADERSHIP BONUS 10,000 CV 5% = $500 4000 CV 5% = $200 4000 CV 5% = $200 4000 CV 5% = $200 500 CV 5% = $25 PREMIER RANK Paid Monthly Leadership Bonus
- 16. LEADERSHIP MATCH BONUS 20,000 CV 0% = $0 10,000 CV 5% = $500 Leadership = $500 + Match Bonus Total = $1000 PREMIER RANK 4000 CV 5% = $200 4000 CV 5% = $200 500 CV 5% = $25 The Leadership Match Bonus, on top of the current Leadership Bonus, is available only to IBOs who are not in the Global Pool (See Global Pool Bonus for more details). When your 1st generation leg breaks away at 20,000 CV, you will receive a 100% match on the Leadership Bonus earned from your second highest generation leg volume. The Leadership Bonus and Leadership Match Bonus combined will not exceed $1000 on your second highest generation leg. Once you have your 2nd highest generation leg break away at 20,000 CV, you will no longer earn any Leadership Match Bonus, but will transition over to earning shares in the Global Pool Bonus. Paid Monthly Leadership Match Bonus 16
- 17. Once you have 2 generational legs that reach over 20,000 CV or more in a month, you will receive 2 shares in the Global Pool.* With each subsequent generation leg that reaches 20,000 CV or more in the same month you will receive an additional share in the Global Pool. There is no limit on shares that may be earned in the Global Pool. *Total Payout for the Global Pool Bonus and the Leadership Match Bonus will be 3% of Worldwide Sales CV. The Global Pool is a floating percentage. Once the Leadership Match Bonus has been paid out, the remainder of the 3% of Worldwide Sales CV will be allocated to the Global Pool Bonus. 17 GLOBAL POOL BONUS Global Pool Bonus GLOBAL POOL 3% Global Pool = 3% of Worldwide Volume (CV) (Less Leadership Match Bonus) Personal Volume Requirement: 70 CV Paid Monthly
- 18. CASH & BONUS REWARDS Click Here to view the Cash Bonus & Rewards Terms and Conditions or visit the Resources page in your Virtual Office to download. 18 CASH BONUS PV REQUIRED $1,000 80 $3,000 100 $5,000 100 - 100 $100,000 100 $500,000 100 RANK REWARDS MATRIX GROUP EXECUTIVE PORTFOLIO HDTV & LAPTOP $12,000 CAR BONUS $65,000 CAR BONUS ROLEX WATCH - - 5 DAY CRUISE - - EUROPE TRIP FOR 2 20 DAY LUXURY CRUISE FOR 4 SILVER DIRECTOR GOLD DIRECTOR PLATINUM DIRECTOR TITANIUM DIRECTOR DIAMOND DIRECTOR ROYAL DIAMOND DIRECTOR VOLUME WEAK LEG VOLUME 10,000 CV 4,000 CV 50,000 CV 20,000 CV 80,000 CV 32,000 CV 350,000 CV 140,000 CV 700,000 CV 280,000 CV 1,500,000 CV 600,000 CV MATRIX GROUP VOLUME PER MONTH FOR 2 CONSECUTIVE MONTHS (60%:40% MATRIX LEG BALANCE) Cash Bonus and Rewards are paid one time only at each rank Cash & Bonus Rewards
- 19. 19 This Compensation Plan was designed entirely by you, our Independent Business Owners, to help you rapidly build a team and with generous weekly and monthly payouts paid ten ways. Should you have any questions about the Compensation Plan please ask your enroller or contact LPGN at the Corporate Office. We wish you best of luck and much success! SUCCESS LifePharm Global Network reserves the rights to edit, modify and alter the compensation plan at anytime. V3 130820.01