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Modiway Plan 18th March

The document outlines the Compensation Plan effective from March 1, 2025, detailing the Loyalty & Loyalty Plus Program, which includes incentives for product purchases and bonuses based on performance metrics. Advisors can earn free products and various bonuses based on their personal and group sales volumes, with specific requirements for different levels of achievement. Additionally, the plan includes leadership pools and rewards for sponsoring new members, along with a recognition trip to be announced later.

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0% found this document useful (0 votes)
140 views14 pages

Modiway Plan 18th March

The document outlines the Compensation Plan effective from March 1, 2025, detailing the Loyalty & Loyalty Plus Program, which includes incentives for product purchases and bonuses based on performance metrics. Advisors can earn free products and various bonuses based on their personal and group sales volumes, with specific requirements for different levels of achievement. Additionally, the plan includes leadership pools and rewards for sponsoring new members, along with a recognition trip to be announced later.

Uploaded by

imphalspotter
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Compensation Plan

Effective 1st March 2025


Loyalty & Loyalty Plus Program

Month 1: Month 7:
Buy minimum products worth Rs. 1800/- at Rs. 10,000 Rs. 10,000
Wholesale Price
Month 2: Month 8:
Rs. 10,000 Rs. 10,000
✓ For 6 Consecutive Months:
Get Free* products worth your 6 months average Month 3: Month 9:
in the 7th Month (Maximum Rs. 10,000/-) Rs. 10,000 Rs. 10,000
Month 4: Month 10:
✓ For 12 Consecutive Months: Rs. 10,000
Rs. 10,000
Get Free* products worth your 12 months average
Month 5: Month 11:
in the 13th Month (Maximum Rs. 10,000/-)
Rs. 10,000 Rs. 10,000

Month 6: Month 12:


Loyalty Purchase Loyalty Amount % Rs. 10,000 Rs. 10,000

Rs. 1800/- to < Rs. 2500/- 80% Free Products Free Products
Rs. 10,000/- Rs. 10,000/-
Rs. 2500/- and more 100%
Free Products (Loyalty Plus)
*Terms and Conditions Apply Rs. 10,000/-
Loyalty & Loyalty Plus Program

Advisors who have not done required Loyalty Billing in February’25, will be given the month of
March’25 to continue Loyalty.

For the month of March’25, last date to complete Loyalty Billing will be 28th March (Month Closing
Date). This is applicable for all Advisors, irrespective of the month of joining.

For New Joiners of each month:


• Last Date of Loyalty Closing will be Last Date of the month (for the first three months of
joining, including the month of joining.)

• For February’25 Joinings, last date of March’25 (28th March) and April’25 will be Loyalty
Closing Date.

Advisors Joined before February’25:


Last Date of Loyalty Closing will be 25th of every month
Loyalty & Loyalty Plus Program

Loyalty Program Continuation

Oct’24 Nov’24 Dec’24 Jan’25 Feb’25 Mar’25


Rs. 3000 Rs. 3000 Rs. 2000 Rs. 2500 < Rs. 1800 and >= Rs. 1800
Personal CV < 1000
Loyalty 1 2 3 4 - 5
Months

Oct’24 Nov’24 Dec’24 Jan’25 Feb’25


Rs. 3000 Rs. 3000 Rs. 2000 Rs. 2500 >= 1000 Personal
CV or >= Rs.
1800
Loyalty Months 1 2 3 4 5
1. Accumulative Performance Bonus

Title PCV Accumulative GCV Percentage

Non-Qualified < 500 < 500


Advisor
Advisor 500 500 to < 20,000 7%

Senior Advisor 500 20,000 to < 40,000 9%

Silver 500 40,000 11%

Gold and Above As per title - 11%


requirement
2. Sharing Bonus
Sponsoring Structure

▪ Paid to the Sponsor Uplines, on the personal volume of


their downlines (up to 2 level deep) who have joined
within last two calendar months PCV 1,000
▪ Sponsor Upline must have a Personal CV of minimum
1000 by the end of Weekly Closing. A
▪ Paid 4 times a Month for following periods:
• 1st to 7th
• 8th to 14th 10%
• 15th to 21st
B
• 22nd to last date of the month Downline Level 1
▪ Sponsor Upline gets 10% on the Personal CV of their
Level 1 Downline and 5% on the Level 2 downlines.
▪ Generation Bonus (explained ahead) is not paid on
volumes eligible for Sharing Bonus 5%
▪ Sharing Bonus Volume is Included in APB
▪ Advisors who’ve already qualified for Sharing Bonus in C
first two weekly closings of March’25, their Sharing Downline Level 2
Bonus will not be re-calculated as per new Sharing
Bonus slabs.
3. Triple Power Bonus (8% Pool)
Paid Monthly
✓ Do Personal CV of 2,000 in the month Maximum Capped at
✓ Do Frontline Group Volume of minimum 12,000 CV 1 Structure

Triple Power Bonus • Develop a team of minimum 3 frontlines with 2,000 YOU FGV: 12,000
PCV
Level 1 2,000 Personal CV each
2,000 2,000 2,000
1 Shares PCV PCV PCV

2,000 CV FGV: 12,000


Triple Power Bonus • Develop a team of minimum 3 frontlines with YOU

Level 2 2,000 Personal CV each


• To qualify for Level 2 need three Level 1
3 Shares Qualifiers. One qualifier anywhere in each of
three legs.
Level 1 Achievers

2,000 CV YOU FGV: 12,000


Triple Power Bonus • Develop a team of minimum 3 frontlines with
2,000 Personal CV each
Level 3
• To qualify for Level 3 need three Level 2
13 Shares Qualifiers. One qualifier anywhere in each of
three legs. Level 2 Achievers
Triple Power Bonus Example:
Level 1 Qualifier

You (3000
PCV)

A (3000 PCV) B (3000 PCV) C (2000 PCV) D (1000 PCV) E (Inactive)

Requirements Requirement Met

Personal CV (Minimum 2000 CV) Yes

Frontline Group Volume (Minimum 12,000 CV) Yes

Three Frontlines with Minimum 2000 CV Yes


Triple Power Bonus Example:
Level 2 Qualifier
You (3000
PCV)

A (3000 B (3000 C (2000 D (1000 E


PCV) PCV) PCV) PCV) (Inactive)

E1 (Level
A1 C1
1 Qualifier)

A2 (Level C2 (Level
1 Qualifier) 1 Qualifier)

Requirements Requirement Met

Personal CV (Minimum 2000 CV) Yes

Frontline Group Volume (Minimum 12,000 CV) Yes

Three Frontlines with Minimum 2000 CV Yes

Three Level 1 Qualifiers (1 in Each Leg) Yes


4. Modiway Generation Bonus
Placement Structure Paid Monthly
Paid As Title Gold Platinum Sapphire Ruby Emerald Diamond Yellow Blue Global
Director Director Director Director Director Director Diamond Diamond Diamond
Director Director Director
Monthly Personal CV 1,000 1,000 2,000 2,000 2,000 3,000 3,000 3,000 3,000
Monthly Group CV 40,000 60,000 100,000

Max Leg Volume (80% 32,000 48,000


of required GCV)
Qualified Legs 2 3 4 4 5 5 6
Leg Requirement Gold Platinum Sapphire Ruby Ruby Emerald Diamond
(Placement Structure) Director Director Director Director Director Director Director
Self Generation 2% 2% 2% 2% 2% 2% 2% 2% 2%
Generation 1 3% 3% 3% 3% 3% 3% 3% 3% 3%
Generation 2 2% 2% 2% 2% 2% 2% 2% 2% 2%
Generation 3 2% 2% 2% 2% 2% 2% 2% 2% 2%
Generation 4 3% 3% 3% 3% 3% 3% 3% 3%
Generation 5 3% 3% 3% 3% 3% 3% 3%
Generation 6 2% 2% 2% 2% 2% 2%
Generation 7 1% 1% 1% 1% 1% 1%

No Generation Bonus is paid on volumes eligible for Sharing Bonus


Generation Bonus : Example

You PCV
Generation Bonus for You (Platinum)
(Platinum) 2,000

Generation 0: You (2000) + A (20,000)=


GCV PCV 2% of 22,000 = Rs. 440/-
20,000 A B (Gold) 1,000

Generation 1: B (1000) + D (15,000) = 3%


of 16,000 = Rs. 480/-
PCV
1,000 C (Gold) D GCV
Generation 2: C + C1 + C2 = 2% of
15,000
40,000 = Rs. 800/-

GCV
32,000
C1 C2 GCV
7,000 Total: Rs. 1,720/-
Leadership Pools(Paid Monthly)
14% of Company’s Commissionable Volume
Number of Shares
Yellow Blue Global
Sapphire Ruby Emerald Diamond
Diamond Diamond Diamond
Director Director Director Director
Director Director Director
Builder Bonus Pool (1%) 1 1 1+1*
To receive 1 share, sponsor 1 new Member(Preferred Customer or Advisor) with 2000 PCV in the month. Emerald Director* can earn 2 Shares if
Emerald Director sponsors two Members with 2000 PCV each.
Leadership Performance Pool (4.5%) 1 2 5 10
Earn additional share with each new personally sponsored first time Platinum Director or above.
Elite Leadership Performance Pool (1.5%)
For Diamonds and Above
1 2 3 4
Earn additional share with each new personally sponsored first time Sapphire Director or above.
Yellow Diamond Pool(1%) 3
Earn additional share with each new personally sponsored first time Sapphire Director or above.
Blue Diamond Pool (1%) 3
Earn additional share with each new personally sponsored first time Sapphire Director or above.
Global Diamond Pool (1%) 3
Earn additional share with each new personally sponsored first-time Ruby Director or above.
Leadership Pools(Paid Monthly)

Volume Builder Bonus Pool (3%)


Sapphire and Above

Lifestyle Fund Pool (1%)


Sapphire and Above

Share(s) per 1.2 Maximum


Lakh CV Leg Shares
Sapphire 1 2

Ruby 1 3

Emerald and above 1 4


Exciting Reward & Recognition Trip

To Be Announced Soon

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