39

Syntek Global Compensation Plan Slides - AlureVe - Chantelle McLeod

Embed Size (px)

DESCRIPTION

It's Your Time. Are you living the life you want to live? If not, what are the obstacles in your way? FINANCIAL‚ income loss, or current income isn't enough. TIME, not enough time to balance everything you have to do, should be doing, or want to do. SKILLS‚ don't have the skills to secure the life you want and don't know where to start. OPPORTUNITY‚ you never seem to be in the right place at the right time. Contact: Chantelle McLeod Company: C1Rose Consulting Website: www.C1Rose.MyAlureVe.com Phone: 647-693-1551

Citation preview

Page 1: Syntek Global Compensation Plan Slides - AlureVe  - Chantelle McLeod
Page 2: Syntek Global Compensation Plan Slides - AlureVe  - Chantelle McLeod

UPDATES

Page 3: Syntek Global Compensation Plan Slides - AlureVe  - Chantelle McLeod
Page 4: Syntek Global Compensation Plan Slides - AlureVe  - Chantelle McLeod

Next up:

Hi C1Rose, We promised to deliver Jeanie soon. Let’s give everyone a status update.

Do it now

Page 5: Syntek Global Compensation Plan Slides - AlureVe  - Chantelle McLeod

JeanieYour new best friend

Page 6: Syntek Global Compensation Plan Slides - AlureVe  - Chantelle McLeod

Construction Update

Our Blueprint① Replace MySyntek.com with the most advanced

distributor success tool ever created.② Deliver “Jeanie”—who always knows what to do next

and will train, mentor, prompt and assist you with many parts of building your business.

③ Help with recruiting, training, supporting, leading.④ Call scripts, email templates, marketing pages, more.⑤ Support all our business building approaches

including AlureVé.

Page 7: Syntek Global Compensation Plan Slides - AlureVe  - Chantelle McLeod

Construction Update

Our Progress Most of the major construction is done (over a

year of work.) We’re putting on the finishing touches now (a few

more weeks.) We’ll be asking for your help to test, give

feedback, and help us improve the system.

Page 8: Syntek Global Compensation Plan Slides - AlureVe  - Chantelle McLeod

Construction Update

Our Schedule Testing will begin in early July. Over the next few weeks each of you will be invited

to test and provide feedback before we all start using Jeanie.

You will all receive training and support for Jeanie. We will continually expand and improve Jeanie to

keep our company at the forefront of direct sales. Mysyntek.com will include AlureVé until

Jeanie is fully delivered.

Page 9: Syntek Global Compensation Plan Slides - AlureVe  - Chantelle McLeod

Next up:

See you all soon. I can’t wait to work together!

Page 10: Syntek Global Compensation Plan Slides - AlureVe  - Chantelle McLeod

Compensation Plan

Page 11: Syntek Global Compensation Plan Slides - AlureVe  - Chantelle McLeod

A CHANGE IS HERE• New Products = New Opportunity• Syntek Global is going all out!• Industry consultant of 27 years of experience

was brought in.• Full analysis and evaluation on current

compensation plan complete.• Solution is born!

Page 12: Syntek Global Compensation Plan Slides - AlureVe  - Chantelle McLeod

COMPENSATION PLANNew Compensation Plan• Unilevel (Enrollment Tree)• Binary Tree• Check Match• New Distributor Global Bonus Pool • New Growth Global Bonus Pool • Sponsor Bonus• Upline Bonus• Retail Commissions• Preferred Customer Commissions• Sapphire Car Bonus• Diamond Leadership Bonus Pool• Team Elite Leadership Bonus Pool • Cash Bonuses for Rank Advancement

Existing Compensation Plan• Binary Tree • Check Match• Emerald Expressway• Sponsorship Bonus• Upline Bonus• Preferred Customer

Commissions

Page 13: Syntek Global Compensation Plan Slides - AlureVe  - Chantelle McLeod

WHAT WILL THIS DO• Increase the check of

distributors who are working.

• Increase 50% of the average working check.

• Creates BIG checks.• Competes head to head

with top compensation plans in the industry.

Page 14: Syntek Global Compensation Plan Slides - AlureVe  - Chantelle McLeod

WHY ARE WE DOING THIS• Syntek Global pays more in % than any other

company out there…….but you don’t feel that way

• Why are our checks not bigger than the other companies?

• We pay distributors for just signing up• 60% commissionable money is paid to

distributors to JUST sign up.

Page 15: Syntek Global Compensation Plan Slides - AlureVe  - Chantelle McLeod

A FEW KEY CHANGES• No longer get paid on PV • (Matching the standard of the industry).

• Customer volume is no longer PV, but its own category (CCV) so you WILL get paid on customer volume.

• We are switching the focus of the compensation plan first on Unilevel, Binary second.

Page 16: Syntek Global Compensation Plan Slides - AlureVe  - Chantelle McLeod

IT’S TIME TO PAY BIG CASH BONUSES

Page 17: Syntek Global Compensation Plan Slides - AlureVe  - Chantelle McLeod

IT’S TIME TO DRIVE NEW CARS

Page 18: Syntek Global Compensation Plan Slides - AlureVe  - Chantelle McLeod

HOW DO THE LEADERS FEEL• All leaders in

Syntek Global have been communicated on this.

Page 19: Syntek Global Compensation Plan Slides - AlureVe  - Chantelle McLeod

COMPENSATION PLAN DETAILS

Page 20: Syntek Global Compensation Plan Slides - AlureVe  - Chantelle McLeod

DEFINITIONSCustomer Commissionable Volume (CCV) — Any volume that has been generated through the sale of product to a customer. (Orders must be placed directly with the company to track the volume.)

Unilevel Tree (Enrollment Tree) — The people you enroll, the people they enroll, etc. (regardless of where they are placed in the binary structure).

Page 21: Syntek Global Compensation Plan Slides - AlureVe  - Chantelle McLeod

8 WAYS TO GET PAID1. Retail Sales2. Preferred Customer Commissions3. Unilevel Team Commissions4. Binary Team Commissions5. Check-Matching Bonus6. Sponsor Bonuses7. Upline Bonuses8. Leadership Bonus Pools

Page 22: Syntek Global Compensation Plan Slides - AlureVe  - Chantelle McLeod

1. RETAIL SALES• You earn the difference between the wholesale

price and the selling price. Products ordered from the website are sold to customers at the Suggested Retail Price and the commissions earned are paid monthly.Example: A customer places a web order for product paying the retail price of $165. The wholesale (or Preferred Customer price) for this product is $130. The distributor will earn $35 (the difference between retail $165 and $130 wholesale)

Page 23: Syntek Global Compensation Plan Slides - AlureVe  - Chantelle McLeod

2. PREFERRED CUSTOMER COMMISSIONS• Preferred Customer orders generate a 25% commission

from the purchase price of the product. Preferred Customer Orders also generate Level 1 GV of 50% of the regularly attributed volume.

Example: A customer signs up for a $130 Product AutoShip (this is the wholesale or Preferred Customer price), turning them into a Preferred Customer. The Distributor attached to this Preferred Customer earns a Preferred Customer commission of 25% of $130, which is $32.50, plus they would receive 50% of the normal GV on the Level 1 of their Unilevel Team. So if this $130 had GV of 130, then the Distributor would receive 65 GV on their Level 1.

Page 24: Syntek Global Compensation Plan Slides - AlureVe  - Chantelle McLeod

3. UNILEVEL TEAM COMMISSIONS• Receive commissions each month

from product orders and/or re-orders generated in your organization down to nine (9) levels deep.

• Compression maximizes the benefits of the Unilevel.

Page 25: Syntek Global Compensation Plan Slides - AlureVe  - Chantelle McLeod

UNILEVEL TEAM COMMISSIONS (CONT)

Page 26: Syntek Global Compensation Plan Slides - AlureVe  - Chantelle McLeod

4. BINARY TEAM COMMISSIONS• The Binary Team is your PlacementTree. Earn on the sales

of those distributors you, your upline, and your downline place within your Placement Tree.

• The Binary Tree has two sides, a Left Team and a Right Team, either of which can be the Power Leg (Strong Leg) or the Pay Leg (Lesser Leg) on any given commissionable period. The Syntek Global Compensation Plan allows you to earn up to 20% on the group volume (GV) of the Pay Leg.

• To start your Binary Team, you must have two (2) personally sponsored Distributors, one on the Left Team and one on the Right Team. Each must generate at least 50 PV.

Page 27: Syntek Global Compensation Plan Slides - AlureVe  - Chantelle McLeod

BINARY TEAM COMMISSIONS (CONT)

Page 28: Syntek Global Compensation Plan Slides - AlureVe  - Chantelle McLeod

5. CHECK-MATCHING BONUS• Earn Check-Matching Bonuses of up to

20% on the Unilevel Team Commissions of your personally sponsored Distributors. Plus, earn up to 10% Check-Matching bonuses on up to three (3) additional levels.

Page 29: Syntek Global Compensation Plan Slides - AlureVe  - Chantelle McLeod

CHECK-MATCHING BONUS (CONT)

Page 30: Syntek Global Compensation Plan Slides - AlureVe  - Chantelle McLeod

6. SPONSOR BONUS• The Sponsor Bonus is a great way to start

earning money immediately. As you build your team with Syntek Global, each time you sponsor a new Distributor that purchases a qualifying Starter Kit, you will earn between $25 to $100 on each Kit sold. There are no limits to the number of Starter Kits you can sell. The actual amount of this bonus depends upon the qualifying Kit sold and the published bonus amount of that Kit.

Page 31: Syntek Global Compensation Plan Slides - AlureVe  - Chantelle McLeod

7. UPLINE BONUS• The Upline Bonus rewards you for spending your valuable

time to help your personally enrolled Distributors succeed with Syntek Global. This bonus is paid on up to two (2) levels of your Unilevel Team. Level 1: As you help your personally enrolled distributors sponsor new distributors into the business with a qualifying Starter Kit, you will earn a cash bonus based on each qualifying Starter Kit sold. There are no limits to the number of people they can sponsor. The actual amount of this bonus depends upon the qualifying Kit sold and the published bonus amount of that Kit. Level 2: This bonus is also paid on the next level of Distributors on your team. All new Distributors that your Level 3 people sponsor with a qualifying Kit will earn a cash bonus.

Page 32: Syntek Global Compensation Plan Slides - AlureVe  - Chantelle McLeod

UPLINE BONUS (CONT)

Page 33: Syntek Global Compensation Plan Slides - AlureVe  - Chantelle McLeod

8. LEADERSHIP BONUS POOLS• The Leadership Bonus Pool is for distributors

who achieve the Diamond rank or higher. The Distributor shares a percentage of the Bonus Pool based on their rank.

Page 34: Syntek Global Compensation Plan Slides - AlureVe  - Chantelle McLeod

LEADERSHIP BONUS POOLS (CONT)Diamond Pool1% of global company commissionable volume. Diamond level or above.

Team Elite Pool1% of global company commissionable volume. Team Elite levels or above.

Page 35: Syntek Global Compensation Plan Slides - AlureVe  - Chantelle McLeod

$15,000 + Drive a New Car

90 DAY GAME PLAN

Page 36: Syntek Global Compensation Plan Slides - AlureVe  - Chantelle McLeod

Step 1: You get 4!

Page 37: Syntek Global Compensation Plan Slides - AlureVe  - Chantelle McLeod

Step 2: You help them get 4

Page 38: Syntek Global Compensation Plan Slides - AlureVe  - Chantelle McLeod

Step 3: Teach them to do the same - and go get 4 more!

Page 39: Syntek Global Compensation Plan Slides - AlureVe  - Chantelle McLeod