15
COMPENSATION PLAN

COMPENSATION PLAN - Beauty Society...compensation plan. beauty society allows you to make life changing income from day one, and a lifetime of residual income with our infinite pay

  • Upload
    others

  • View
    90

  • Download
    0

Embed Size (px)

Citation preview

Page 1: COMPENSATION PLAN - Beauty Society...compensation plan. beauty society allows you to make life changing income from day one, and a lifetime of residual income with our infinite pay

C O M P E N S A T I O N P L A N

Page 2: COMPENSATION PLAN - Beauty Society...compensation plan. beauty society allows you to make life changing income from day one, and a lifetime of residual income with our infinite pay

BEAUTY SOCIETY ALLOWS YOU TO MAKE LIFE CHANGING INCOME FROM DAY ONE, AND A LIFETIME OF RESIDUAL INCOME WITH OUR INFINITE PAY LEVEL STRUCTURE.

Page 3: COMPENSATION PLAN - Beauty Society...compensation plan. beauty society allows you to make life changing income from day one, and a lifetime of residual income with our infinite pay

HERE ARE SOME HIGHLIGHTS OF THE PLAN AND WHAT MAKES BEAUTY SOCIETY THE MOST UNIQUE IN THE INDUSTRY.

Incredibly high personal sales commissions of up to 50%

Unlimited levels of earning potential, with

no pay level limits

Inventory free business, no need to pay for huge stockpiles of inventory and you never need to ship anything yourself

– WE SHIP DIRECTLY TO EVERY CUSTOMER

Zero credit card transaction fees, unlike many other companies

we do all we can to keep your cost of business down

Profit Sharing for Premier Advisors with

no pay level limits

All training and coaching provided

free of charge

25% Advisor discount on all personal orders

Free Shipping on all personal orders over $40, and discounted

shipping under $40

Discounted Facial Party replenishment

supplies

Free Hostess Gifts and Hostess Perks provided directly from

Beauty Society at no cost to you

Free Headband replenishment

program

Page 4: COMPENSATION PLAN - Beauty Society...compensation plan. beauty society allows you to make life changing income from day one, and a lifetime of residual income with our infinite pay

PERSONAL VOLUME (PV)The combined volume from each product you and your customers purchase. Volume is equal to the retail price of the product purchased. Advisors receive a 25% discount on every product, the PV generated by personal purchases is equal to the Retail Price.

ACTIVE ADVISORTo qualify for commissions you must have at least 100 each month in Personal Volume (PV). 25% base commission is paid on every product sold to customers. Products purchased at your 25% Advisor discount have received the commission upfront. Shipping and tax are not included in volume calculation.

BONUS COMMISSIONSWhen your PV meets and exceeds 1,000 you receive a 5% bonus on all PV, not just the PV over 1,000. 5% additional Bonus Commissions are earned for every 1,000 in PV up to 25% in Bonus Commission (25% base commission plus 25% bonus commission is 50% in total commissions).

GROUP VOLUME (GV)The combination of your Personal Volume and your Downline’s Personal Volume. Group Volume determines monthly Pay Rank and Rank Advancements.

COMMISSIONABLE VOLUME (CV)You are paid a commission percentage on your Downline based on the total Commissionable Volume (CV) of their sales. Commissionable Volume is 75% of the Retail Price.

LEGEvery Advisor that you personally sponsor on your Level 1 becomes a new Leg in your Downline.

ACTIVE LEGWhen an Advisor in a Leg has at least 100 in PV that Leg becomes an Active Leg. Active Legs determine monthly Pay Rank and Rank Advancements.

PAY RANK/PAID AS RANKCommission percentages and number of Downline pay levels are based on the Pay Rank achieved each month.

BACKOFFICEOnline dashboard for running your business. This is where you enter orders, run reports, track packages, view commissions, access free training and manage your customer base.

ADVISOR PROFIT SHARINGPremier Advisors and above earn a 10% bonus commission on the CV of every new Advisor in their personal Group Volume Downline in the first two full calendar months.

ADVISOR GENERATION BONUSWhen Advisors in your team become Premier Advisors their Group Volume breaks away from your Group Volume and Generation Bonuses can be earned.

GRACE MONTHA Grace Month allows you to be a Paid As Premier Advisor if you have the structure, but not the Group Volume. When you are a Paid As Premier Advisor or above and a new Premier Advisor promotes you will receive 2 Grace Months. If you are a Paid As Premier Advisor for six consecutive months, without using a Grace Month, you will earn 1 additional Grace Month.

All volume and commissions are based on calendar months, the 1st day of the month until the last day of the month.

LET’S GET TO KNOW SOME OF THE COMPENSATION PLAN BASICS AND THE KEY TERMS WE WILL REFER TO WHEN EXPLAINING HOW YOU EARN COMMISSIONS.

Page 5: COMPENSATION PLAN - Beauty Society...compensation plan. beauty society allows you to make life changing income from day one, and a lifetime of residual income with our infinite pay

PERSONAL VOLUME COMMISSIONSBeauty Society pays an equal 25% base commission on every product sold to customers

whether the order is placed on your website, at a Facial Party, an auto delivery or placed

directly by you in the Backoffice. Volume is earned at the full retail price paid of each product;

no products have a volume lower than the retail price.

BONUS COMMISSIONS ON PERSONAL VOLUMEIn addition to your 25% base commission you can earn up to a 25% bonus commission

on your personal volume (PV) at the end of each calendar month. Your monthly bonus is

calculated upon the total personal and customer sales at the retail price paid.

1,000 – 1,999 PV = 5% Bonus +25% Base = 30% Commission

2,000 – 2,999 PV = 10% Bonus +25% Base = 35% Commission

3,000 – 3,999 PV = 15% Bonus +25% Base = 40% Commission

4,000 – 4,999 PV = 20% Bonus +25% Base = 45% Commission

5,000 PV and above = 25% Bonus +25% Base = 50% Commission

LEVEL COMMISSIONSYour income really grows when you start recruiting and building a team. A commission

percentage is paid on your downline based on the Pay Rank you achieve each calendar

month. The greater your Pay Rank, the higher commissions you will earn on each of your

downline levels. Once you become a Premier Advisor there is NO LIMIT to the number of

levels you are paid, it is infinite.

Page 6: COMPENSATION PLAN - Beauty Society...compensation plan. beauty society allows you to make life changing income from day one, and a lifetime of residual income with our infinite pay

A D V I S O R

R E Q U I R E M E N T S$100 in PV (the combined volume from each product you and your customers purchase)

P E R S O N A L V O L U M E C O M M I S S I O N

You earn a 25% base commission on every product sold to customers

B O N U S C O M M I S S I O N S O N P E R S O N A L V O L U M E

In addition to your 25% Personal Volume (PV) Base Commission you can earn up to 25% in Bonus Commission on your Personal Volume

1,000 – 1,999 PV = 5% Bonus2,000 – 2,999 PV = 10% Bonus3,000 – 3,999 PV = 15% Bonus4,000 – 4,999 PV = 20% Bonus5,000 and above = 25% Bonus

25%PV BASE

25%PV

BASE

The base level of the Beauty Society Comp Plan is called an Advisor. As an Advisor you earn personal commission and bonus commission on products sold to customers each month.

Page 7: COMPENSATION PLAN - Beauty Society...compensation plan. beauty society allows you to make life changing income from day one, and a lifetime of residual income with our infinite pay

StarO N E A D V I S O R

R E Q U I R E M E N T S$100 in PV (the combined volume from each product you and your customers purchase)

$500 in GV (the combination of your PV and your Downline’s PV)

1 Active Leg (when an Advisor in a Leg has at least 100 in PV it becomes an Active Leg)

P E R S O N A L V O L U M E C O M M I S S I O N

You earn a 25% base commission on every product sold to customers

B O N U S C O M M I S S I O N S O N P E R S O N A L V O L U M E

In addition to your 25% Personal Volume (PV) Base Commission you can earn up to 25% in Bonus Commission on your Personal Volume

1,000 – 1,999 PV = 5% Bonus2,000 – 2,999 PV = 10% Bonus3,000 – 3,999 PV = 15% Bonus4,000 – 4,999 PV = 20% Bonus5,000 and above = 25% Bonus

D O W N L I N E C O M M I S S I O N P A Y O U T S

5% on the Commissionable Volume (CV) of every Advisor on your Level 1 team

25%PV BASE + 5%

LEVEL 1

25%PV

BASE

5%LEVEL 1

Page 8: COMPENSATION PLAN - Beauty Society...compensation plan. beauty society allows you to make life changing income from day one, and a lifetime of residual income with our infinite pay

StarT W O A D V I S O R

R E Q U I R E M E N T S$200 in PV

$2,500 in GV

2 Active Legs

D O W N L I N E C O M M I S S I O N P A Y O U T S

6% on the CV of your Level 1

5% on the CV of your Level 2

25%PV BASE + +6%

LEVEL 15%

LEVEL 2

25%PV

BASE

6%LEVEL 1

6%LEVEL 1

5%LEVEL 2

P E R S O N A L V O L U M E C O M M I S S I O N

You earn a 25% base commission on every product sold to customers

B O N U S C O M M I S S I O N S O N P E R S O N A L V O L U M E

In addition to your 25% Personal Volume (PV) Base Commission you can earn up to 25% in Bonus Commission on your Personal Volume

1,000 – 1,999 PV = 5% Bonus2,000 – 2,999 PV = 10% Bonus3,000 – 3,999 PV = 15% Bonus4,000 – 4,999 PV = 20% Bonus5,000 and above = 25% Bonus

Page 9: COMPENSATION PLAN - Beauty Society...compensation plan. beauty society allows you to make life changing income from day one, and a lifetime of residual income with our infinite pay

StarTHREE A D V I S O R

R E Q U I R E M E N T S$300 in PV

$5,000 in GV

3 Active Legs

1 Active Leg is Paid As 2 Star Advisor or above

D O W N L I N E C O M M I S S I O N P A Y O U T S

8% on the CV of your Level 1

6% on the CV of your Level 2

5% on the CV of your Level 3

25%PV BASE + + +8%

LEVEL 16%

LEVEL 25%

LEVEL 3

25%PV

BASE

8%LEVEL 1

8%LEVEL 1

8%LEVEL 1

6%LEVEL 2

6%LEVEL 2

5%LEVEL 3

5%LEVEL 3

P E R S O N A L V O L U M E C O M M I S S I O N

You earn a 25% base commission on every product sold to customers

B O N U S C O M M I S S I O N S O N P E R S O N A L V O L U M E

In addition to your 25% Personal Volume (PV) Base Commission you can earn up to 25% in Bonus Commission on your Personal Volume

1,000 – 1,999 PV = 5% Bonus2,000 – 2,999 PV = 10% Bonus3,000 – 3,999 PV = 15% Bonus4,000 – 4,999 PV = 20% Bonus5,000 and above = 25% Bonus

Page 10: COMPENSATION PLAN - Beauty Society...compensation plan. beauty society allows you to make life changing income from day one, and a lifetime of residual income with our infinite pay

Premier A D V I S O R

R E Q U I R E M E N T S$1,000 in PV

$10,000 in GV

5 Active Legs

2 Active Legs are Paid As 2 Star Advisors or above

C O M M I S S I O N P A Y O U T S30% PV Base Commission (25% + 5% Bonus)Up to 50% PV Commissions

10% on the CV of your Level 1

6% on the CV of your Level 2 to Infinity, down to your first Advisor Generation Group

Promoting to a Premier Advisor allows you to earn commission on EVERY ADVISOR in your Downline, infinite levels deep in your personal Premier Group Volume! You are not limited to 5 or 7 levels, you can be paid on levels 17 or 45.

Premier Advisors also receive Advisor Profit Sharing, you receive a 10% bonus commission on the CV of every new Advisor in your personal Group Volume Downline in their first two full calendar months.

When Advisors in your Downline become Premier Advisors their Group Volume breaks away from your personal Group Volume. If you do not qualify as a Paid as Premier Advisor for 6 consecutive months your title will revert back to 3 Star Advisor.

30%PV BASE + +10%

LEVEL 16%

LEVEL 2

to Infinity to Advisor

Generations

30%PV

BASE

10%LEVEL 1

10%LEVEL 1

6%LEVEL 2

TO INFINITY

6%LEVEL 2

TO INFINITY

Page 11: COMPENSATION PLAN - Beauty Society...compensation plan. beauty society allows you to make life changing income from day one, and a lifetime of residual income with our infinite pay

Senior A D V I S O R

R E Q U I R E M E N T S$1,000 in PV

$10,000 in GV

5 Active Legs

2 Active Legs are Paid As 2 Star Advisors or above

1 Qualified Premier Advisor Leg

C O M M I S S I O N P A Y O U T S30% - 50% PV Commission

10% on the CV of Level 1 (L1)

6% on the CV of Level 2 (L2) to infinity

6% on the CV of Generation 1 (G1)

Once an Advisor in your Downline promotes to a Paid As Premier Advisor, you can promote to be a Paid As Senior Advisor. You now have an Advisor that is running their own Premier Group, allowing you to be paid a Generation Bonus on their Premier Group Volume, while allowing you to focus on your personal Group Volume.

Senior Advisors continue to receive Advisor Profit Sharing on every new Advisor in their personal Group Volume Downline in the first two full calendar months of the new Advisors.

30%PV BASE + + +10%

LEVEL 16%

LEVEL 26%

GEN 1

to Infinity Generation 1 Advisors

30%PV

BASE

10%LEVEL 1

10%LEVEL 1

6%LEVEL 2

TO INFINITY

6%LEVEL 2

TO INFINITY

6%G 1

Page 12: COMPENSATION PLAN - Beauty Society...compensation plan. beauty society allows you to make life changing income from day one, and a lifetime of residual income with our infinite pay

Executive A D V I S O R

R E Q U I R E M E N T S$1,000 in PV

$10,000 in GV

5 Active Legs

2 Qualified Premier Advisor Legs

C O M M I S S I O N P A Y O U T S30% - 50% PV Commission

10% on the CV of L1

6% on the CV of L2 to infinity

6% on the CV of G1

4% on the CV of G2

Once a second leg in your Downline promotes to a Paid As Premier, and you qualify as a Premier Advisor you are a Paid As Executive Advisor. You now have at least two Advisors that are running their own Premier Groups, allowing you to be paid a Generation Bonus on their Premier Group Volumes and the Group Volume of Level 2 Advisor Generations.

Executive Advisors continue to receive Advisor Profit Sharing on every new Advisor in their personal Group Volume downline in the first two full calendar months of the new Advisors.

30%PV BASE + + + +10%

LEVEL 16%

LEVEL 24%

GEN 2

to Infinity Generation 2 Advisors

30%PV

BASE

10%LEVEL 1

10%LEVEL 1

6%LEVEL 2

TO INFINITY

6% LEVEL 2 TO INFINITY

6%G 1

4%G 2

6%G 1

6%GEN 1

Generation 1 Advisors

Page 13: COMPENSATION PLAN - Beauty Society...compensation plan. beauty society allows you to make life changing income from day one, and a lifetime of residual income with our infinite pay

Principal A D V I S O R

R E Q U I R E M E N T S$1,000 in PV

$10,000 in GV

5 Active Legs

3 Paid As Premier Advisor Legs

1 Paid As Executive Advisor Leg

C O M M I S S I O N P A Y O U T S30% - 50% PV Commission

10% on the CV of L1

6% on the CV of L2 to Infinity

7% on the CV of G1

4% on the CV of G2

3% on the CV of G3

Once you have three Paid As Premier Advisor legs, one of which is a Paid As Executive Advisor, and you qualify as a Premier Advisor you are a Paid As Principal Advisor. You now have at least three Advisors that are running their own Premier Groups, one of which is running their own Executive Group, allowing you to be paid a Bonus on your Generation 1 and be paid on your Generations 2, and 3.

Principal Advisors continue to receive Advisor Profit Sharing on every new Advisor in their personal Group Volume Downline in the first two full calendar months of the new Advisors.

30%PV BASE + + + +10%

LEVEL 16%

LEVEL 23%

GEN 34%

GEN 2

to Infinity Gen 2Advisors

Gen 3 Advisors

30%PV

BASE

10%LEVEL 1

10%LEVEL 1

6% LEVEL 2 TO INFINITY

6% LEVEL 2 TO INFINITY

7%G 1

4%G 2

4%G 2

7%G 1

7%G 1

3%G 3

7%GEN 1

Gen 1 Advisors

Page 14: COMPENSATION PLAN - Beauty Society...compensation plan. beauty society allows you to make life changing income from day one, and a lifetime of residual income with our infinite pay

Select A D V I S O R

R E Q U I R E M E N T S$1,000 in PV

$10,000 in GV

5 Active Legs

3 Paid As Premier Advisor Legs

1 Paid As Principal Advisor Leg

C O M M I S S I O N P A Y O U T S30% - 50% PV Commission

10% on the CV of L1

6% on the CV of L2 to Infinity

7% on the CV of G1

5% on the CV of G2

4% on the CV of G3

3% on the CV of G4

Once you have three Paid As Premier Advisor legs, one of which is a Paid As Principal Advisor, and you qualify as a Premier Advisor you are a Paid As Select Advisor. You now have at least three Advisors that are running their own Premier Groups, one of which is running their own Principal Group, allowing you to be paid a Bonus on your Generations 1 and 2, and be paid on your Generations 3 and 4.

Select Advisors continue to receive Advisor Profit Sharing on every new Advisor in their personal Group Volume Downline in the first two full calendar months of the new Advisors.

30%PV BASE + +10%

LEVEL 16%

LEVEL 24%

GEN 33%

GEN 45%

GEN 2

to Infinity Gen 2Advisors

Gen 3 Advisors

Gen 4 Advisors

30%PV

BASE

10%LEVEL 1

10%LEVEL 1

6% LEVEL 2 TO INFINITY

6% LEVEL 2 TO INFINITY

7%G 1

5%G 2

5%G 2

5%G 2

7%G 1

7%G 1

4%G 3

4%G 3

4%G 3

3%G 4

7%GEN 1

Gen 1 Advisors

Page 15: COMPENSATION PLAN - Beauty Society...compensation plan. beauty society allows you to make life changing income from day one, and a lifetime of residual income with our infinite pay

Ultimate A D V I S O R

R E Q U I R E M E N T S$1,000 in PV

$10,000 in GV

8 Paid As Premier Advisor Legs

2 Paid As Select Advisor Legs

C O M M I S S I O N P A Y O U T S30% - 50% PV Commission

10% on the CV of L1

6% on the CV of L2 to Infinity

7% on the CV of G1

5% on the CV of G2

5% on the CV of G3

4% on the CV of G4

3% on the CV of G5

Once you have eight Paid As Premier Advisor legs, two of which are Paid As Select Advisors, and you qualify as a Premier Advisor you are a Paid As Ultimate Advisor. You now have at least eight Advisors that are running their own Premier Groups, two of which are running their own Select Groups, allowing you to be paid a Bonus on your Generations 1, 2 and 3 be paid on your Generations 4 and 5.

Ultimate Advisors continue to receive Advisor Profit Sharing on every new Advisor in their personal Group Volume Downline in the first two full calendar months of the new Advisors.

30%PV

BASE+ +10%

LEV 16%

LEV 25%

GEN 34%

GEN 43%

GEN 55%

GEN 2

to Infinity Gen 2Advisors

Gen 3 Advisors

Gen 4 Advisors

Gen 5 Advisors

30%PV

BASE

10%LEVEL 1

10%LEVEL 1

6% LEVEL 2 TO INFINITY

6% LEVEL 2 TO INFINITY

7%G 1

5%G 2

5%G 2

5%G 2

7%G 1

7%G 1

5%G 3

5%G 3

5%G 3

4%G 4

3%G 5

7%GEN 1

Gen 1 Advisors