- In ranking the top 55 income earners, all sources of income in the previous quarter (commission, Leadership Bonus, global contests, etc.) will be included. However, any Elite Bonus earned in the previous quarter will be excluded.
- While the quintile an Associate is placed in is determined by his or her income in the previous quarter, the income shares and growth shares he or she receives is determined by his or her income in the current quarter. The Associate does not share in a higher quintile’s Elite Bonus, even if his or her income this quarter moves him or her into the higher quintile. The Associate’s rank this quarter will only determine his or her quintile in the next quarter.
- Growth is measured by the absolute CVP growth versus the corresponding quarter of the previous year. Only the basic commission (CVP) is measured—all other income (Leadership Bonus, front-line commission, Elite Bonus, etc.) is excluded.
- If an Associate’s income registers a negative growth, the growth amount will be considered zero when calculating the total growth of the quintile.
Suppose Amy from the example on the Elite Bonus main page achieved a negative growth of 15,000 CVP this quarter. The Elite Bonus will work out as follows:
| |
|
Of 30 |
Of 15 |
|
|
| Second Quintile Associates |
Quarter’s Income |
Quarter’s Growth |
Income Shares |
Growth Shares |
Total Shares |
Elite
Bonus |
| #12 John |
200,000 |
20,000 |
2.07 |
2.46 |
4.53 |
$24,149.00 |
| #13 Amy |
400,000 |
(15,000) |
4.14 |
0.00 |
4.14 |
$22,069.00 |
| #14 Bob |
350,000 |
9,000 |
3.62 |
1.11 |
4.73 |
$25,212.00 |
| #15 Chris |
330,000 |
6,000 |
3.41 |
0.74 |
4.15 |
$22,141.00 |
| #16 Dan |
320,000 |
30,000 |
3.31 |
3.69 |
7.00 |
$37,327.00 |
| #17 Lucy |
210,000 |
15,000 |
2.17 |
1.84 |
4.02 |
$21,422.00 |
| #18 Jane |
200,000 |
5,000 |
2.07 |
0.70 |
2.77 |
$14,772.00 |
| #19 Sarah |
200,000 |
5,000 |
2.07 |
0.61 |
2.68 |
$14,313.00 |
| #20 Alan |
135,000 |
8,000 |
1.40 |
0.98 |
2.38 |
$12,694.00 |
| #21 Eve |
290,000 |
20,000 |
3.00 |
2.46 |
5.46 |
$29,115.00 |
| #22 Karla |
265,0003 |
3,300 |
2.74 |
0.41 |
3.15 |
$16,785.00 |
| Total |
2,900,000 |
122,000 |
30.00 |
15.00 |
45.00 |
$240,000.00 |
Here, the quintile’s growth shares will be calculated on a base of 122,00, excluding Amy.
- An Associate must be qualified to receive Leadership Bonus and in compliance and good standing with his or her Associate Agreement and Policies and Procedures to be eligible for Elite Bonus.
- If, for any reason, one or more of the top 55 income earners becomes ineligible to receive the Elite Bonus, the Associate immediately below in income rank will be moved up to replace him or her.
- In the case of a tie in income earned in a quarter (say between the #18 and #19 positions), the Associate with the higher growth will be placed ahead of the one with the lower growth.
- In calculating income shares and growth shares, the number of shares will be rounded to two decimal places. Please note that the number of individuals participating in the Elite Bonus may increase as sales increase. The number and frequency of individuals to be added has yet to be calculated.
Elite Bonus
FAQ
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