wealth & freedom network compensation system

16
©Wealth & Freedom Network ™, LLC. 2015 All Rights Reserved Jan 7 2016

Upload: wfnglobal

Post on 12-Apr-2017

231 views

Category:

Business


0 download

TRANSCRIPT

Page 1: Wealth & Freedom Network Compensation System

©Wealth & Freedom Network ™, LLC. 2015 All Rights Reserved

Jan 7 2016

Page 2: Wealth & Freedom Network Compensation System

Contents Introduction ........................................................................................................... 4

Compensation Qualification................................................................................... 5

Basic Requirements to Earn Commissions ................................................................................................ 5

Becoming a Qualified Independent Business Associate ........................................................................... 5

Relationships ............................................................................................................................................. 5

Customer ............................................................................................................................................... 5

Associate ............................................................................................................................................... 5

Sponsor ................................................................................................................................................. 5

9 Ways to Get Paid ................................................................................................. 6

Rank Qualifications ................................................................................................................................... 7

Personal Retail Commissions .................................................................................................................... 8

Customer Acquisition Bonus (CAB) ........................................................................................................... 9

Rapid Profit Bonus ................................................................................................................................. 10

Fast Start Bonus ...................................................................................................................................... 11

Leadership Bonus .................................................................................................................................... 12

Team Override Bonus ............................................................................................................................. 14

Leadership Pool ....................................................................................................................................... 15

Page 3: Wealth & Freedom Network Compensation System

©Wealth & Freedom Network ™, LLC. 2015 All Rights Reserved

Our MISSION is simple,

Change the World.

Not for Everybody but

for SOMEBODY

Access What You Need Save On What You Get Earn On What You Do

Page 4: Wealth & Freedom Network Compensation System

©Wealth & Freedom Network ™, LLC. 2015 All Rights Reserved

Introduction

The Wealth & Freedom Network (WFN) was born out of a real need for way that allows people

to improve upon their lifestyles. This is our driving force and influences everything we do. We

truly believe that everyone is entitled to a lifestyle of their own choosing. This requires having

access to more than just an opportunity, although opportunity is needed. It requires more than

just great products, even though great products are indeed necessary. To truly provide access to

lifestyle change, choice, and upgrade; it requires a sound concept, a sincere commitment, a solid

system, and a simple approach. That’s exactly what you’ll find here with WFN.

This exciting new company that is breaking out of the box and converging the world's top

industries to create an incredible opportunity. Not constrained to a single niche that has been

the Achilles hill of many companies who start strong and then find it hard to stay relevant with

emerging trends, WFN is designed to evolve with the ever evolving marketplace, allows staying

at the forefront of growing markets, capitalizing on fast moving trends, and assuring you

longevity.

Our compensation system is based upon an easily duplicable business model that leverages

relationship marketing. We view our Independent Business Associates as our invaluable business

partners, and as such, we reward them with one of the most generous compensation plans in the

industry.

Our Associates Do Two Simple

Things:

1. Build a customer base and earn up to

40% residual commissions.

2. Build a team of Associates and earn

residual overrides and bonuses

All commissions and bonuses defined in this

document are paid in US Dollars.

Page 5: Wealth & Freedom Network Compensation System

©Wealth & Freedom Network ™, LLC. 2015 All Rights Reserved

Compensation Qualification

Basic Requirements to Earn Commissions

The requirements to earn a commission in the Wealth & Freedom Network are simple and as follows. WFN pays three types of commission: Retail Commissions, Team Overrides and Bonuses and can be earn in a number of ways.

All payouts are calculated using the following criteria each month.

1. Representative is a Qualified Independent Business Associate (QIBA)

2. Representative meets all customer, product sales volume and structural requirements to qualify for any particular payout

3. Representative meets all ancillary requirements necessary for a particular payout

Becoming a Qualified Independent Business Associate

Qualification for commissions are a set of basic actions that anyone in business must take in order to produce earnings and be considered active as a business owner. You must participate in the program as an IBA in order to be eligible to receive commissions. By qualifying each month with a minimum of 99 Personal Volume (PV), your distributorship will remain current and will maintain uninterrupted eligibility. PV is generated by the sale of WFN products, services, or memberships. No product purchase is necessary. However, WFN does recognize the IBA’s will want to take advantage of the products from their own distributer and does allow purchasing from yourself as an acceptable method of generating PV. Any combination of products and services sold to customers or purchased for

personal use, which allows an IBA to achieve 99 PV is acceptable. Relationships Customer Associate Sponsor

Page 6: Wealth & Freedom Network Compensation System

©Wealth & Freedom Network ™, LLC. 2015 All Rights Reserved

8 Ways to Get Paid

Page 7: Wealth & Freedom Network Compensation System

©Wealth & Freedom Network ™, LLC. 2015 All Rights Reserved

Rank Qualifications

Page 8: Wealth & Freedom Network Compensation System

©Wealth & Freedom Network ™, LLC. 2015 All Rights Reserved

Personal Retail Commissions

Incentives To Build Your Customer Base

one-time for every customer that you add to your client base

Example. If you help one person a week acquire a Lifestyle

Elite membership you would earn

Page 9: Wealth & Freedom Network Compensation System

©Wealth & Freedom Network ™, LLC. 2015 All Rights Reserved

Customer Acquisition Bonus (CAB)

• One-Time Incentives for increasing your

retail clientele

• CAB’s are paid in addition to Personal Retail

Commissions.

• Paid in the Monthly Bonus Period.

• Paid on all CAB associated products

Earn Up To

For Each New Qualified Customer

You Acquire

Affiliates up to $10

“ THE MORE CUSTOMERS YOU ACQUIRE,

THE MORE YOU EARN! “

For example: Help one person a week acquire a Lifestyle Elite membership = $1,300

Page 10: Wealth & Freedom Network Compensation System

©Wealth & Freedom Network ™, LLC. 2015 All Rights Reserved

Rapid Profit Bonus

This is a bonus EXCLUSIVE to WFN and was specifically designed to accomplish two things:

To get your business into

profit quickly

To immediately stimulate the

growth of your team

On Each Qualified Business Center Sponsored For The First Entire 3 Days Of Your Business

As much as $200 per activation of a qualifed business center

Sponsor 1 QBC = $75 ea Sponsor 2 QBC = $150 ea Sponsor 3+ QBC = $200 ea

In Your First 3 Days

Page 11: Wealth & Freedom Network Compensation System

©Wealth & Freedom Network ™, LLC. 2015 All Rights Reserved

Fast Start Bonus

$40 $55 $65 $75

Second Generation Override $15 $20

ASSOCIATE

LEVEL

DIRECTOR

LEVEL

EXECUTIVE

LEVEL

VICE-PRESIDENT

LEVEL

$10 $15

$15

Third Generation Override

Fourth Generation Override

One time bonuses generated for helping new associates get started and qualified

Who can earn: Associates (After 1st

3 Days Active)

FAST START BONUS PROGRESSION

Page 12: Wealth & Freedom Network Compensation System

©Wealth & Freedom Network ™, LLC. 2015 All Rights Reserved

Leadership Bonus

MONTHLY BONUS

GROUP VOLUME

LINE MAX

LEGS REQUIRED

SENIOR ASSOCIATE $100 1,287 - 3

DIRECTOR $500 2,900 50% 3

AREA DIRECTOR $700 5,700 50% 3

REGIONAL DIRECTOR

$800 8,500 50% 3

NATIONAL DIRECTOR

$1000 11,300 50% 3

SENIOR DIRECTOR $1500 1,287 - 3

EXECUTIVE $3,000 22,400 45% 4

AREA EXECUTIVE $5,000 44,600 40% 4

REGIONAL EXECUTIVE

$10,000 89,000 40% 5

NATIONAL EXECUTIVE

$10,000 133,500 35% 5

SENIOR EXECUTIVE $10,000 180,000 35% 5

VICE-PRESIDENT $15,000 266,900 35% 6

EXECUTIVE VICE-PRESIDENT

$15,000 355,800 35% 6

AREA VICE-PRESIDENT

$15,000 533,500 35% 7

REGIONAL VICE-PRESIDENT

$15,000 711,300 35% 7

SENIOR VICE-PRESIDENT

$20,000 1,111,300 35% 7

Page 13: Wealth & Freedom Network Compensation System

©Wealth & Freedom Network ™, LLC. 2015 All Rights Reserved

Performance Bonus

Beginning at Director, you can qualify to earn performance bonuses. Each month

you maintain the rank of Director or higher and meet all ancillary requirements,

WFN will send you your Performance Bonus(es). The bonus is calculated and paid

in the Monthly Bonus Period.

RANK LEISURE LIFESTYLE LUXURY DI $50 AD $50 RD $75 ND $75 SD $250 $100 EX $250 $250 $150 AE $375 $375 $150 RE $500 $500 $250 NE $550 $550 $500 SE $625 $625 $500 VP $750 $750 $750 EVP $875 $875 $875 AVP $1,000 $1,000 $1,000 RVP $1,000 $1,000 $1,000 SVP $1,000 $1,000 $1,000

Upgrade Your Lifestyle On Your Own Terms And Timetable

LIFESTYLE BONUS - monthly Home/Auto bonus ranging from $250-$1000.

LEISURE BONUS - a monthly Travel and Vacation bonus allowance ranging from

$250-$1000.

LUXURY BONUS - a monthly Gold Savings Accounts bonus reimbursement

ranging from $250-$1000.

Page 14: Wealth & Freedom Network Compensation System

©Wealth & Freedom Network ™, LLC. 2015 All Rights Reserved

Team Override Bonus

REGIONAL VICE-PRESIDENT

AREA VICE-PRESIDENT

EXECUTIVE VICE-PRESIDENT

VICE-PRESIDENT

SENIOR EXECUTIVE

NATIONAL EXECUTIVE

REGIONAL EXECUTIVE

AREA EXECUTIVE

EXECUTIVE

up to $50,000

up to $30,000

up to $20,000

up to $15,000

up to $8,000

up to $6,000

up to $4,000

up to $2,000

up to $1000

Page 15: Wealth & Freedom Network Compensation System

©Wealth & Freedom Network ™, LLC. 2015 All Rights Reserved

Leadership Pool

1%Total Company ELP

Bonus Volume

1%Total Company PLP

Bonus Volume

LEADERSHIP POOL

LEADERSHIP POOL

Qualification starting at the

Executive Rank

Bonus distribution based on

the lowest rank for the

overall commission period

Page 16: Wealth & Freedom Network Compensation System

©Wealth & Freedom Network ™, LLC. 2015 All Rights Reserved

LEADERSHIP POOL

Who

What

How

Open to any Qualified Associate. (This bonus pool has a limited time of entry)

An Exclusive income center where you Earn A Share in a limited entry pool

comprised of 1% of the Total company Founders Bonus Volume

Personally help 5 or more individuals to Get Started and Qualify their

Business Centers within your First 30 Days.

As company founders, this elite group of leaders

share an additional bonus based on 1% of total

company Founders Bonus Volume

Help 5 TO QUALIFY*

30 Days

%

WEALTH & FREEDOM NETWORK

Requirements: 1. Sponsor 5 Associates within first 30 days of activation (or Jan 5,, 2015 – Feb 5, 2015 for existing IBA’s) 2. Sponsor 8 or more to qualify for 2 SHARES 3. New Associates MUST qualify their business centers with a minimum of 99PV within the enrollers 30 day

qualification period 4. Bonus is paid quarterly beginning with the first distribution period following the founder’s 12th consecutive month

as a qualified independent business associate 5. IBA must maintain qualified status for bonus distribution

Qualify in 30 & Share in 1%