modicare maximizer plan double improved

The Plan of Independence

Our New Modicare Logo

Highlights

• Simpler to understand and teach - No Structures• More Reachable PBV required for being active/title qualification• Stronger Incomes at the lower levels with energized retail incomes• Bigger and Better Rewards for Team Development • Bonuses for starters exempted from Company Pool• Easier TRANSITION to Higher Titles- Live your dream faster• Much more REWARDING Reward and Recognition Program

Career Path

NO MORE STRUCTURES

ONLY VOLUME REQUIRED FOR QUALIFICATION

NO MORE DEPENDENCE ON SPILLOVER FOR PAT

YOUR PAT NOW TOTALLY IN YOUR CONTROL

Way Forward

ONLY VOLUME

Introduction to QEV

• QEV (Qualifying Enrolment Volume)– The PBV of yourself and everybody below you down infinitely deep in

your Enrollment Genealogy regardless of their title or PBV. – For each title there is a maximum leg rule which means maximum

volume which would be considered from each leg.– Your titles are based on QEV

Career Path – Starters and Builders

PAT ACTIVE LEGS QEV MAX BV FROM

ONE LEG MTB % PERSONAL MTB CAPS

Star 1 - - -Silver Star 2 - - 6% 2000Super Star

20000 12000 6% 3000

Gold 40000 24000 8% 5000Platinum 65000 39000 8% 9000

PAT QEV MAX BV FROM ONE LEG

LLV (Does not include PBV) MTB % PERSONAL MTB

CAPS

Emerald 125000 75000 50000 8% 18000Diamond 250000 150000 70000 8% 32000

President Diamond 500000 275000

100000

8% 75000Blue Diamond 900000 400000 8% 150000Royal Diamond 1600000 720000 8% 200000

Royal Double Diamond 3000000 1200000 8% 275000Royal Crown Diamond 4500000 1800000 8% 350000

Royal Double Crown Diamond 6500000 2600000 8% 500000

Royal Elite Double Crown Diamond 9000000 3600000 8% 650000

Royal Triple Crown Diamond 12000000 4800000 8% 800000

Royal Elite Triple Crown Diamond 20000000 7000000 8% 900000

Royal Black Diamond 37500000 11250000 8% 1150000Global Black Diamond 60000000 18000000 8% 1500000

Global Elite Ambassador 100000000 25000000 8% 3000000

Global Crown Ambassador 200000000 50000000 8% 5000000

KK Modi World Ambassador 300000000 75000000 8% 10000000

Leadership Titles

How is QEV calculated?

Example: For EmeraldYour Total Enrolment Volume = 171800The max EV you can get from any leg is 75000From Ram, you get 75000, Shyam 20000 and John 50000Your QEV = 146800QEV required for Emerald is 1,25,000**

** LLV requirement of min 50000

You 1800 PBV

Ram 1,00,000

QEVShyam

20,000 QEVJohn

50,000 QEV

Why does the Maximum Leg requirement reduce as you progress in the career path?

• Leaders are expected to build leaders in each of their teams and should not build “One Legged "structures

• Solid Width with depth is expected starting Emeralds and above• Stronger Width and Depth helps you to earn Stronger Maximizer Team

Bonus and Leaders Cheque Match

Active Requirement

• A Consultant has to be active in any given period, to receive commissions from their team for that month

• Active requirement: – Star and Silver Star : 500 PBV– Super Star to Platinum: 1000 PBV– Emerald and Above: 1800 PBV

Improved Bonus Plan

• Retail Profit• Power Seller Bonus • Team Builder Bonus• Maximizer Team Bonus• Leadership Cheque Match• Overseas Leadership Seminar (OLS) • Cash Rewards

MMP - Rewards for each Step taken towardsLiving Your Dreams

Develop Leaders Under You - LCM, Rewards

Build Bigger Teams - MTB

Develop Teams - Team Builder Bonus

Self Use and Share - Retail Profit, PSB

Power Seller Bonus

Personal BV % Incentive

10,000-24,999 5%25,000-49,999 10%

50000 and above 15%

PSB can be earned upto a max of Rs 20,000 a month

SIMPLERREWARDS RETAILERS NO TRIMMING

PBV accumulation program to work as follows:

First Time EverExciting Benefits for

Consistency

• All consultants eligible for the same irrespective of title

• Accumulate minimum 10000 PBV in 4 continuous rolling months subject to the consultant being active in all months

• Get paid 3% on the accumulated volume on which PSB is not paid• If inactive in any month, any earlier

accumulated PBV will be flushed

Reward Consistency and Retention through Retailing

Reward Consistency and Retention through Retailing

Examples:• Example 1:

– Month 1 : 3000 PBV– Month 2: 3500 PBV– Month 3: 4500 PBV– Month 4: 2000 PBV– Payout: 3% of 13000 PBV = Rs. 390

• Example 2:– Month 1: 3000 PBV– Month 2: 7000 PBV– Month 3: 20000 PBV– Mont 4: 3000 PBV– You Get paid 5% PSB on 20000 = Rs.

1000– Accumulative PSB = 3% of 13000 = Rs.

390

Examples:• Example 3:

– Month 1: 3000 PBV– Month 2: 0 PBV– Month 3: 45000 PBV– Mont 4: 2000 PBV– Month 3 PSB = 10% of 45000 = Rs. 4500– No accumulative PSB as not active in all 4

months• Example 4:

– Month 1: 2000 PBV– Month 2: 20000 PBV– Month 3: 2000 PBV– Month 4: 8000 PBV– Month 2 PSB = 5% of 20000 = Rs. 1000– M1 + M3 + M4 = 12000 *3% = Rs. 360

Team Builder Bonus Team Builder Bonus Proposed• Paid on 1000 BV Generations with

Compression• From Star up to President Diamond

– Paid for 1st Generation: Star to Silver Star– Paid upto 3rd Generation: Super Star to

President Diamonds• 1st Generation 3%• 2nd Generation 2% • 3rd Generation 1%

No Complicated Conditions

No Trimming Ever

Power Of Team Builder Bonus

You 2500 PBV

A 2000 PBV

A1 500 PBV

A3 2500 PBV

A2 1000 PBV

A43000 PBV

B 500 PBV

B1 6000 PBV

B3 5000 PBV

B2 1000 PBV

B4 3000 PBV

C 1000 PBV

C110000 PBV

C4 5000 PBV

C2 750 PBV

C5 1200 PBV

C3 5000 PBV

C6 5000 PBV

D 5000 PBV

D1 3000 PBV

D3 1800 PBV

D2 500 PBV

D4 1200 PBV

Power of ∞ Width

Upto 3 Generations Deep

Dynamic Compression - Never Lose out on any volume created upto 3 generations

Maximizer Team BonusFortified with even more Vitamin M

• Strengthen the MTB pool from 23.5% to 27 of BV %• PBV in PLV upto 5000 for PAT Silver Star only

Maximizer Team Bonus – Pool 27%PAT Effective % in last 6 months New

% Paid % Paid CapsSilver Star 3.5% 6 2000Super Star 3.5% 6 3000

Gold 5.6% 8 5000Platinum 5.6% 8 9000Emerald 7.0% 8 18000Diamond 7.0% 8 32000

President Diamond 7.0% 8 75000Blue Diamond 7.0% 8 150000Royal Diamond 7.0% 8 200000

Royal Double Diamond 7.0% 8 275000Royal Crown Diamond 7.0% 8 350000

Royal Double Crown Diamond 7.0% 8 500000Royal Elite Double Crown

Diamond 7.0% 8 650000Royal Triple Crown Diamond 7.0% 8 800000

Royal Elite Triple Crown Diamond 7.0% 8 900000

Royal Black Diamond 7.0% 8 1150000Global Black Diamond 7.0% 8 1500000

Global Elite Ambassador 7.0% 8 3000000Global Crown Ambassador 7.0% 8 5000000

KK Modi World Ambassador 7.0% 8 10000000

Other Rules

• MTB to be paid on a minimum Pay Leg Volume (PLV) of 5000 BV• Rule regarding non applicability of company pool to new joinees

removed

Maximizer Team Bonus

• Your PAT is based on QEV as against DV earlier. However, you continue to earn your MTB on your Less Leg.

• Your Enrolment lineage is converted into Placement Lineage (Strong and Less Leg). As you grow your QEV, you will also in this process build your Placement Lineage and help to create spillovers for your downlines.

• Therefore to maximize your MTB earnings you should continue to focus on building both your Strong as well as Less Leg.

LCM – 4% Pool

Your Paid As Rank Emerald

Generations Deep

% (based on Pay Rank of downline)

Caps (Rs)Receiving Leader Leader Check Match Cap on

Each Person

Emerald 15% 2700Diamond 1 15% 4500

President Diamond 1 15% 11000Blue Diamond 2 15% 22500Royal Diamond 2 15% 30000

Royal Double Diamond 2 15% 40000Royal Crown Diamond 3 20% 70000

Royal Double Crown Diamond 3 20% 100000

Royal Elite Double Crown Diamond 3 20% 130000

Royal Triple Crown Diamond 3 20%

150000

Royal Elite Triple Crown Diamond 3 20%Royal Black Diamond 3 20%Global Black Diamond 3 20%

Global Elite Ambassador 3 20%Global Crown Ambassador 3 20%

KK Modi World Ambassador 3 20%

REWARDS AND RECOGNITION

PAT

FIRST TIME

6 months in 12 rolling months



Emerald Rs. 25000 cash award Rs. 40000 cash award OLS

Diamond OLS OLS with Rs. 15000 cash OLS with spouse with Rs. 25000 cash

President Diamond

OLS with Rs. 20000 Cash OLS with Rs. 30000 Cash OLS with spouse with Rs.

45000 Cash

Blue Diamond OLS with cash Rs 2 lac OLS with cash Rs 3 lac OLS with spouse and Rs. 4 lac

Royal Diamond OLS with cash Rs 3.5 lac OLS with cash Rs 4.5 lac OLS with spouse and Rs. 6

lac

Royal Double Diamond

OLS with cash Rs 4.5 lac OLS with cash Rs 6 lac OLS with spouse and Rs. 8

lac

PATFIRST TIME




Royal Crown Diamond OLS with cash Rs 6 lac OLS with cash Rs 8 lac OLS with spouse and Rs. 10

lac Royal Double

Crown Diamond OLS with cash Rs 9 lac OLS with cash Rs 12 lac OLS with spouse and Rs. 15 lac

Royal Elite Double Crown Diamond

OLS with cash Rs 12 lac OLS with cash Rs 16 lac OLS with spouse and Rs. 20

lac Royal Triple Crown

DiamondOLS with cash Rs 15

lac OLS with cash Rs 19 lac OLS with spouse and Rs. 23 lac

Royal Elite Triple Crown Diamond

OLS with cash Rs 17 lac OLS with cash Rs 22 lac OLS with spouse and Rs. 28

lac Royal Black

DiamondOLS with cash Rs 20

lac OLS with cash Rs 27 lac OLS with spouse and Rs. 34 lac

Global Black Diamond


lac Global Elite Ambassador


crGlobal Crown Ambassador

OLS with cash Rs 0.90 cr OLS with cash Rs 1.2 cr OLS with spouse and Rs. 2

crKK Modi World

AmbassadorOLS with cash Rs 2.25

cr OLS with cash Rs 3.5 cr OLS with spouse and Rs. 5 cr

PATSECOND TIME

Perks10 months in 12 rolling months

Blue Diamond OLS with spouse and Rs. 4 lac Economy Travel Plus Room on overseas travel

Royal Diamond OLS with spouse and Rs. 6 lac Economy Travel Plus Room on overseas travel

Royal Double Diamond OLS with spouse and Rs. 8 lac Economy Travel Plus Room on overseas travel

Royal Crown Diamond OLS with spouse and Rs. 10 lac Business class travel, upgraded

room on OLSRoyal Double Crown Diamond OLS with spouse and Rs. 15 lac

Royal Elite Double Crown Diamond OLS with spouse and Rs. 20 lac

Royal Triple Crown Diamond OLS with spouse and Rs. 23 lac Business class travel, suite room and luxury car on OLS

Royal Elite Triple Crown Diamond OLS with spouse and Rs. 28 lac Business class travel, suite room and luxury car on OLS

Royal Black Diamond OLS with spouse and Rs. 34 lac Business class travel, suite room and luxury car on OLS

Global Black Diamond OLS with spouse and Rs. 50 lac Business class travel, suite room and luxury car on OLS

Global Elite Ambassador OLS with spouse and Rs. 1 cr Business class travel, suite room and luxury car on OLS

Global Crown Ambassador OLS with spouse and Rs. 2 cr Business class travel, suite room and luxury car on OLS

KK Modi World Ambassador OLS with spouse and Rs. 5 cr Business class travel, suite room and luxury car on OLS

Rules

• Blue Diamond and Royal Double Diamond can requalify for the R&R reward only once at the same PAT. Royal Crown Diamond and higher can qualify multiple number of times on meeting the requalification criteria

• Consultant cannot avail a lower reward than the highest award ever availed

• Rewards already availed cannot be availed again as per the modified plan. For example: If you have availed the Blue Diamond reward twice, you now have to qualify as a minimum Royal Diamond for the reward

• All rewards subject to TDS as per Government of India rules• R&R points accumulated till May’14 will be converted into appropriate

number of months– For example: If you have accumulated 90000 points on Blue Diamond title,

the same will now be converted to 3 months of title achievement.

Transition

For PAT Silver Star till PAT President Diamonds (as per new career path) transition will be as follows:

1. Since the plan is being announced in the middle of the month, incase income of PAT Silver Star to PAT President Diamonds is lower under the new plan, they will be paid the difference between their old plan bonus and new plan bonus for the Month of June’14

2. Transition on Team Builder Bonus (TBB) Vs Power Team Bonus (PTB)

June’14 and July’14 Aug and Sept’14 Oct and Nov’14 Dec’14Pay consultant the full difference between what he will make now in TBB Vs What he would have made under PTB

Pay consultant 75% difference between what he makes as per new rule and what he would have made as per existing rule

Pay consultant 50% difference between what he makes as per new rule and what he would have made as per existing rule

Normal Plan – Transition ends.

Double Bonanza Promotion

• For all consultants who have started their race for Thailand- Qualified for 1 or both months in April/May’14- can continue their qualifications as per new career path

• For consultants who are yet to start their qualification – Will start in June- have to do the following:– Required title Emerald (Base Title was Platinum or lower): Will now require

Diamond as per new career path– Required title Diamond (Base Title was Emerald): Will still require Diamond

as per new career path– Required title President Diamond or higher (Base title was Diamond)- Will

still require President Diamond or higher as per new career path

GET READY FOR ACTION NOW…