Amway GIP2014-15booklet PDF
Amway GIP2014-15booklet PDF
Amway GIP2014-15booklet PDF
Amways Sales Plan has stood the test of times, and for 55 years has been recognized as
the leader in Direct Selling compensation across the globe. Amway continues to have the
best compensation package, which has helped change the lives of millions of people
around the world.
From time to time, we have added additional elements in the compensation plan, which
have proven to be the catalyst for exponential growth. Growth Incentive Programs (or GIPs
as they are well known), coupled with Business trips have been motivating for all of you and
your downlines. They provide another good reason, but SHOULD NOT BE THE ONLY reason
for you to go Platinum, Emerald or Diamond.
We are currently running a program, with never before offered monetary benefits,
designed to provide that extra income over the core plan income. It is easy to understand,
yet so highly rewarding.
The program rewards GROWTH. Everybody who grows (and is at least at the Platinum level)
can benefit from this program. We encourage you to think long-term and how this GIP can
help you on the path to a large, sustainable & profitable Amway business.
To further fuel your growth, and multiply your monetary benefits, we have put together,
a number of exciting & exotic trips, never before offered in a three year window.
These trips are designed to provide the necessary business inputs & relaxation to both
recognize & reward your hard work.
So while Amway India is working on several other areas to take your business to even
greater heights through enhanced Infrastructure, Services, Product Portfolio, Image &
Reputation, make sure you are ready to maximize your benefits with this New & exciting
GIP and TRIPS programs.
Read on to get complete details of the program.
Achinta Banerjie
Vice President - Distributor Relations & Training
Criteria:
12
- 20
15
3
IN YE
SU NO AR
& ST VA S OF
GR PR AI TIV
OW OF NA E,
ITA BL
TH
BL E
E
2012 - 2015
The immediate upline qualified / Re-qualified Platinum of any ABO who is a non re-qualified
Platinum as on 1st September 2014, for the period of the GIP, but was a Platinum at some point
in time, would get half the BAP amount i.e. `50,000/-, if any such ABO subsequently
re-qualifies as a Platinum in the PY regardless of the structure.
When a New / RQG Emerald or a New / RQG Diamond breaks within a Platinum group, the
immediate upline Platinum would not be entitled for any BAP.
When a New / RQG Platinum breaks off, the tracking volume and the baseline volume of the up
line qualified / Re-qualified Platinum would automatically get recalculated.
To calculate the growth volume of the upline qualified / Re-qualified Platinum (on which
he would get paid), we would exclude the volume of the new / RQG Platinum from both the
tracking year as well as the baseline year.
The BAP will be paid on the downlines highest New / RQG pin at the end of each performance
year and only once during the entire 3 year GIP period, for the same pin.
c) Founders Platinum One Time Cash Award (OTCA):
All qualified /Re-qualified Platinums who achieve the Founders Platinum qualification will receive an
OTCA. This is rewarded for only once in the 3 year GIP Period for the same Founders Pin
as per the details below :
v A New Founders Platinum will receive an OTCA of `2.5 Lakhs.
v A Re-qualified Founders Platinum (after a gap) will receive an OTCA of `1.25 Lakhs.
* Subject to fulfilling the following criteria.
Founders Platinum OTCA Matrix New qualification
Qualification Criteria
OTCA
Amount
Founders Platinum* with the group PV (Side Volume**) of more than or equivalent to 72,000 PV
during the performance year
FULL
2,50,000/-
HALF
1,25,000/-
Qualification Criteria
OTCA
Amount
Founders Platinum* with the group PV (Side Volume**) of more than or equivalent to 72,000 PV
during the performance year
FULL
1,25,000/-
HALF
62,500/-
Or
Founders Platinum* with the group PV (Side Volume**) of less than 72,000 PV
during the performance year
Or
Founders Platinum* with the group PV (Side Volume**) of less than 72,000 PV
during the performance year
**Side Volume: Volume outside of any qualified legs in a month.
20
3 YEARS OF
SUSTAINABLE
& PROFITABLE
GROWTH
You must be a new/re-qualified Emerald in PY September 2014 - August 2015 and in each
subsequent PY.
Your baseline volume at the beginning of every year is the total BV generated in your
personal Emerald group during the last PY, down to, but excluding the next downline qualified/
Re-qualified Emerald and above.
To calculate your current year's BV, you, as an Emerald can count all BV down to, but
excluding, the next downline qualified /Re-qualified Emerald and above in the current PY.
Volume from in-market legs only would be considered for the purpose of calculating growth.
Example 2 : If an Emerald achieves the Volume Growth GIP of 5 Lakhs by growing the business
by 150% over the previous year;
They would receive `5 Lakhs GIP Volume Growth Bonus
`5 Lakhs Premium Bonus (upto 100% of volume Growth GIP)
Total of `10 Lakhs* (as volume growth and Premium)
* Does not include payout from any other component of GIP.
2012 - 2015
3 YEARS OF
SUSTAINABLE
& PROFITABLE
GROWTH
Criteria:
Example 2 : If a Diamond achieves the Volume Growth GIP of 14 Lakhs by growing the business
by 120% over the previous year;
They would receive `14 Lakhs GIP Volume Growth Bonus
`14 Lakhs Premium Bonus (upto 100% of volume Growth GIP)
Total of `28 Lakhs (as volume growth and Premium)
* Does not include payout from any other component of GIP.
2012 - 2015
3 YEARS OF
SUSTAINABLE
& PROFITABLE
GROWTH
GIP 2014-15
PLATINUM PROGRAM
EMERALD PROGRAM
VOLUME GROWTH
PLATINUM: `1:25 BV
FOUNDERS PLATINUM: `1:20 BV
BREAK A PIN
NEW PLATINUM `1 Lakh / `50,000/RQG PLATINUM: `50,000/-
FOUNDERS OTCA
NEW FOUNDERS PLATINUM:
`2.5 Lakhs / `1.25 Lakhs
RQG FOUNDERS PLATINUM:
`1.25 Lakhs / `62,500/-
DIAMOND PROGRAM
VOLUME GROWTH
EMERALD: `1:35 BV
FOUNDERS EMERALD `1:30 BV
BREAK A PIN
VOLUME GROWTH
DIAMOND: `1:55 BV
FOUNDERS DIAMOND `1:50 BV
BREAK A PIN
FOUNDERS OTCA
FOUNDERS OTCA
PREMIUM
PREMIUM
EMERALD: `2 Lakhs
FOUNDERS EMERALD: `3 Lakhs
(If 15% GIP Growth Achieved)
All payout for the annual program would be made at the end of each PY and payouts for the
Consistency Bonanza would be made at the end of the GIP i.e. August 2015.
All new /RQG qualifications have to start and complete in the same PY i.e. September August.
All payments for the Annual Program and the Consistency Bonanza Program are inclusive
of service tax and are subject to all applicable taxes and levies as prevailing from time to time
and shall be borne by the ABO's.
ABOs can qualify for Founders Diamond & above either through legs or FAA progam (both in market).
This GIP & all TRIPS is a discretionary program and is liable to be changed or amended by Amway
India Enterprises Pvt. Ltd. at it's sole discretion any time during the period of the program,
without any prior notice.
GIP 2012-2015 & all TRIPS are not a guaranteed part of the Amway Sales Plan. Invitation for
Amway Business Trips is discretionary. It will be paid out only to those ABOs who are in good
standing with the company and Amways Rules of Conduct & Code of Ethics, during the program
& at the time of payouts. The final decision with respect to payment / invitation will rest
with Amway India.
All qualifications and linked benefits from this GIP are subject to validation from Amway India.
The criteria of paying GIP ( all components) to Non resident ABOs - NRIs and or Foreigners are
as follows;
1) Must visit the market at least once a year, &
2 ) Must spend at least 2 weeks in the market during the course of each of the GIP years.
Please note that this is a discretionary Program and will only be paid to those resident ABOs
who have spent physical time in India and can demonstrate that they have been building the
business in India as defined above.
For further clarifications please get in touch with your Business Development Manager.
2012 - 2015
3 YEARS OF
SUSTAINABLE
& PROFITABLE
GROWTH
Shown below is a matrix of which pin levels the qualifying ABOs need to maintain, to earn the
Bonanza at each slab of this amazingly rewarding component of the GIP. A growth percentage
is mandatory in each year of the consistency bonanza, as mentioned below.
All Qualified Diamonds & above as of 31st August 2015 are eligible to participate in the
Consistency Bonanza.
Average 15% GIP Volume Growth is required across three years of the GIP for the Consistency Bonanza.
Slabs
Pin in 2012-13
Pin in 2013-14
Pin in 2014-15
BONANZA AMOUNT
Slab-1
Emerald
Emerald
Diamond
10 Lakhs
Slab-2
Emerald
Diamond
Diamond
20 Lakhs
Slab-3
Diamond
Diamond
Diamond
30 Lakhs
Slab-4
Diamond
Diamond
Executive Diamond
40 Lakhs
Slab-5
Diamond
Executive Diamond
Executive Diamond
50 Lakhs
Slab-6
Executive Diamond
Executive Diamond
Executive Diamond
60 Lakhs
Slab-7
Executive Diamond
Double Diamond
Double Diamond
70 Lakhs
Slab-8
Double Diamond
Double Diamond
Double Diamond
80 Lakhs
Slab-9
Double Diamond
Triple Diamond
Triple Diamond
1.0 Crore
Slab-10
Triple Diamond
Triple Diamond
Triple Diamond
1.25 Crores
Slab-11
Triple Diamond
Crown
Crown
1.50 Crores
Slab-12
Crown or
Crown Ambassador
Crown or
Crown Ambassador
Crown or
Crown Ambassador
2.0 Crores
Founders Levels of each pin category will be considered the same as the corresponding base pin
for the Consistency Bonanza
Note: This GIP & all TRIPS is a discretionary program and is liable to be changed or amended by Amway India Enterprises Pvt. Ltd.
at it's sole discretion any time during the period of the program, without any prior notice..
2012 - 2015
3 YEARS OF
SUSTAINABLE
& PROFITABLE
GROWTH
BANGKOK!!!
Experience
Learning, recognition & fun, Great Experience, Entertainment
Overseas! Rich Content! U35 Look & Feel!
2N/3D Event Look & feel: Corporate
PARIS!!!
Home to
Disneyland
Fashion
Capital
Best
Vineyards
of the World
Louvre
Museum
2012 - 2015
3 YEARS OF
SUSTAINABLE
& PROFITABLE
GROWTH
PARIS!!!
Time to experience another exotic dream destination
1 st Timer
18
2 nd Timer
21
3 rd Timer
24
4 th Timer
27
30
=
=
=
=
=
1.0 Point
1.5 Points
1.0 Point
1.5 Points
2.0 Points
Rules / Criteria:
1. Points are earned during a qualified Silver Producer Month only.
2. Must maintain 1,250 Group PV in every SP month (incase of 2 or more legs) to receive ALS points.
3. For an Existing Platinum: Must be a Re-qualified Platinum to attend ALS (has to complete
six SP months in fiscal year, i.e. from September to August).
While he/she has to qualify/requalify as Platinum within the Performance Year, he/she can still
achieve the required ALS points to participate in Mega Leadership Seminar from March 2014
to August 2015 to participate in 2nd Mega Leadership Seminar.
4. For a New Platinum: He/she can complete both his/her Platinum Qualification and required
nd
ALS Point (18 Points) during March 2014 -August 2015 (for the 2 Mega Trip).
However, the requirement of 3 consecutive Silver Producer (SP) Months for New Platinum remains unchanged.
Paris ALS Qualification Criteria for Requalified and New Platinum
Requalified Platinum
Sep14 - Aug15
New Platinum
For Re-Qualification*
For Qualification**
Sep14 - Aug15
Mar14 - Aug15
Mar14 - Aug15
Mar14 - Aug15
2012 - 2015
3 YEARS OF
SUSTAINABLE
& PROFITABLE
GROWTH
Paris
Paris is a beautiful city and a real masterpiece, often given names like City of Light or City of Love.. It is one of the
most popular tourist destinations in the world because of its rich heritage, unique architecture, gourmet cuisine,
exquisite and trend setting fashion.
Discover the joie de vivre at Paris with Amway while exploring the iconic Eiffel Tower. Arc de Triomphe, Louvre are
some other masterpieces of art.
2012 - 2015
3 YEARS OF
SUSTAINABLE
& PROFITABLE
GROWTH
Go Crown 2015
SOUTHERN FRANCE
2 Nights/3 Days
Qualification
Qualified Diamonds & Above
Beautiful Beaches
Heritage Buildings
Best Wine yards
Blue Waters
WHERE
Nice
Monaco
Monte - Carlo
Note: This GIP & all TRIPS is a discretionary program and is liable to be changed or amended by Amway India Enterprises Pvt. Ltd.
at it's sole discretion any time during the period of the program, without any prior notice.
FAMILY TRIPS . . .
SOUTH AFRICA
Qualification
Qualified Diamonds & Above September 2014 To August 2015
Glossary
GIP
BAP
Break a Pin
OTCA
BBB
RQG
PY
Performance Year
In market legs
Legs, which have all BVs generated from the Indian business.
New Platinum
An ABO, who has done at least 6 Silver Producer (SP) Months during
September-August of which 3 SP months are in consecutive (for the
purpose of this GIP). Qualified Platinum An ABO, who has done at least
6 Silver Producer Months during September-August.
Platinum
requalification
after a gap
2012 - 2015
3 YEARS OF
SUSTAINABLE
& PROFITABLE
GROWTH
Emerald
requalification
after a gap
Diamond
requalification
after a gap
Personal Platinum
Group
Personal Emerald
Group
Personal Diamond
Group
ALS
FAA Points
Volume Equivalency
Note: This GIP & all TRIPS is a discretionary program and is liable to be changed or amended by Amway India Enterprises Pvt. Ltd.
at it's sole discretion any time during the period of the program, without any prior notice..