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Modiway Compensation Plan PPT Feb

The Modiway Compensation Plan outlines a loyalty program offering up to 25% benefits for life, with specific terms for redeeming Loyalty Rewards Points (LRP) for products, excluding food and beverage categories. Advisors can earn commissions based on personal and group volumes, with various bonuses including Sharing Bonuses and Triple Power Bonuses based on performance milestones. The plan also includes provisions for leadership pools and additional earning potential through multiple business centers for Global Diamond Directors.

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Barun Das
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0% found this document useful (0 votes)
89 views

Modiway Compensation Plan PPT Feb

The Modiway Compensation Plan outlines a loyalty program offering up to 25% benefits for life, with specific terms for redeeming Loyalty Rewards Points (LRP) for products, excluding food and beverage categories. Advisors can earn commissions based on personal and group volumes, with various bonuses including Sharing Bonuses and Triple Power Bonuses based on performance milestones. The plan also includes provisions for leadership pools and additional earning potential through multiple business centers for Global Diamond Directors.

Uploaded by

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

Most Rewarding Loyalty Program


Up to 25% Benefit for life
care

Modiway Compensation Plan


Wholesale Price
Price at which Advisors & PC will
buy

Commissionable
Volume (CV):
1444.10
Redeem
LRP Points for Products of your own
choice.

Terms and conditions applied. LRP points can’t be redeemed for the F&B category products
To maintain your LRP status, order only 300 PCV in a single invoice in a month
1 2 3 4 5

( 2600 Points can be redeemed after three Qualified LRP Months )


▪ 1 LRP Point = 1 RV (Redemption Value)
For Example:
• Meal Replacement Drink has RV of 1444.10

• You have 1500 LRP Points

• While billing you can utilize LRP Points (1,444.10) to pay for products, the balance
points are retained.

• Rs. 1/- will be added to the invoice for each product bought using LRP Points.

• A product can’t be paid for partially by LRP Points.


While redeeming LRP Points, the points earned earlier are used first, the balance points
are retained.
LRP Points can’t be used to buy Food & Beverages category products
1 2 3 4
1 1 2 3

3100
10000 10000 10000 10000 10000
PCV PCV PCV PCV PCV

2 3 4 5 6 7 8 9 10 11 12 13

25
26

2500

23,250

In Month 13, new points earned are 2,500, however, 500 points earned in Month 1 will expire
after 12 Months. Hence, at the end of Month 13 total points accrued are 23,250
Additional Benefit
Modiway Advisor Retail Customer Modiway Advisor
Purchases at Rs. 10,000/- Purchases at Rs. 13,300/- MRP Earns Rs. 3,300/- as Retail Profit
Wholesale Price From Modiway Advisor (33% on wholesale price)
Sponsoring Structure Placement Structure

A
A
B
B C
C D
D E
E
Group Volume and Frontline Group Volume

A
5,000 PCV

A1 A2 (PC) B
5,000 PCV 5,000 PCV 5,000 PCV

C D
5,000 PCV 5,000 PCV

E
5,000 PCV
PCV 2,000

20%
B
Downline Level 1

10%
No Team Bonus (explained ahead) is paid on volumes C
eligible for Sharing Bonus Downline Level 2
Sharing Bonus Example

• A gets 20% from B


A
PCV 2000

• A gets 10% from C 20%


B
Downline Level 1

• B gets 20% from C 10% 20%


C
Downline Level 2
Sharing Bonus Example
• A gets 20% from B
A
PCV 2000

• A gets 10% from C 20% X


B
PCV 1000
Downline Level 1

• B doesn’t get 20% from C, as 10% 20%


B has PCV less than 2000
C
PCV 4000
Downline Level 2
Sharing Bonus Example
Joining
Assuming August is the Bonus Month: Month
February
• A doesn’t receive Sharing Bonus on A
PCV 2000
B, as B is older than three months
Joining
• A receives 10% on C, as C is still Month April

within three months of joining. B


PCV 2000
Downline Level 1

• B receives 20% on C, as C is still Joining


Month
within three months of joining and 10% August
B has PCV >= 2,000 C 20%
PCV 2000
Downline Level 2
(BV Month)

Bills in
(Modiway
compensasation
plan)

January 2025
January 2024
Sharing Bonus : Example

Rs. 400/- + Rs. 800/- + Rs. 0/- + Rs. 800 = Rs. 2,000/-
Sharing Bonus : Example
Earn in Multiples of up to Rs. 25,000/- per month, as a reward on
creating Profitable Structures and help your downlines do the same
Triple Power Bonus
Placement Structure

2000 PCV Frontline Group


(LRP Order) Volume (18,000 CV)

Rs. 2000/-
Milestone 1

Rs. 5,000/-
Milestone 2

Rs. 25,000/-
Milestone 3
Three Milestones, Four Weeks – Get Paid as You Progress
Do LRP Billing of 2000 Personal CV
Do Frontline Group Volume of minimum 18,000 CV
Triple Power Bonus • Develop a team of minimum 3 frontlines with LRP
2000 CV YOU FGV:
Milestone 1 Billing of 2000 Personal CV each LRP 18,000

Rs. 2,000/- 2000 2000 2000


LRP LRP LRP

Triple Power Bonus 2000 CV YOU FGV:


• Develop a team of minimum 3 frontlines qualifying LRP 18,000
Milestone 2 for Rs. 2,000/- TPB each

Rs. 5,000/-
Rs 2000/- Rs 2000/- Rs 2000/-

Milestone 1 Achievers

Triple Power Bonus • Develop a team of minimum 3 frontlines qualifying 2000 CV YOU FGV:
Milestone 3 LRP 18,000
for Rs. 5,000/- TPB each
Rs. 25,000/-
Rs 5000/- Rs 5000/- Rs 5000/-

Milestone 2 Achievers
Example 1:

Rs. 2000

Example 2:

Milestone 2 (Rs. 5000)


YOU
YOU 2000 PCV
4500 PCV

A B C D E F
A B C 4000 1000 2000 2000 5000 2000
4500 PCV 4500 PCV 4500 PCV PCV PCV PCV PCV PCV PCV
YOU YOU
10,000 PCV 1000 PCV

A B C D
A B C
3000 1000 3000 3000
4000 PCV 4000 PCV 1000 PCV PCV PCV PCV PCV
YOU
2000 PCV
YOU
2000 PCV Milestone 2
Qualifiers
A B C A, B & C
Rs 5000 Rs 5000 Rs 5000
Milestone 1
Qualifiers
1 2 3 1 2 3 1 2 3
A, B & C A B C Rs Rs Rs Rs Rs Rs Rs Rs Rs
2000 2000 2000 2000 2000 2000 2000 2000 2000
Rs 2000 Rs 2000 Rs 2000

3 Frontlines Qualified for Rs. 2,000/- 3 Frontlines Qualified for Rs. 5,000/-
If Frontline Group Volume >= 18,000 If Frontline Group Volume >= 18,000
Triple Power Bonus : Rs 5,000 Triple Power Bonus : Rs 25,000
Advisors can earn from multiple Triple Power structures

After qualifying for Rs. 25,000 Triple Power Bonus (Milestone 3), Advisor will
be eligible to earn from the next Triple Power Structure.
Milestone 2 Qualifiers Milestone 1 Qualifiers
Team Bonus is not paid on volumes eligible for Sharing Bonus
A and F are Inactive, since their PCV is less than 1000.
Sapphire
Director FOR YOU
YOU

A 900 PCV Since A is Inactive (< 1000 PCV). A’s volume will be rolled
A
down to B
5000 PCV Level 1
B B will be considered as Level 1. You will be paid 2% of A+B
(Senior Advisor) 2% B
(2% of 5900)
3000 PCV Level 2
C
(Senior Advisor) 4% C C will be considered as Level 2, You will be paid 4% on C

3000 PCV Level 3


D D D will be considered as Level 3. You will be paid 4% on D
(Advisor) 4%

4000 PCV Level 4 E E will be considered as Level 4.


E 4%
(Advisor)
Since, F is inactive, and there no active level below, F’s volume
F 900 PCV F will be rolled up, hence, You will be paid 4% on the PCV of
E+F (4% of 4900)
Assuming Commission Month as August’ 25

YOU

5000 PCV Team Bonus is not paid on volumes eligible for


Sharing Bonus
Month of Joining: Jan’25
A
5000 PCV No Modiway Team Bonus will be paid on C as C is still
within three months of joining.
Month of Joining: May’25
B
However, Sharing Bonus Up to two levels up will be
4000 PCV
paid on C, basis eligibility of sponsor uplines.
Month of Joining: July’25
C
Leadership Pools ( P a i d M o n t h l y )
7.25% of Company’s Commissionable Volume
Example
Leadership Performance Pool Shares
Month 1 Month 2

You You
Ruby Director Ruby Director

Platinum
Director
First Time Platinum Platinum
Platinum Platinum Platinum
Director Director
Director Director
Total Shares in Leadership Performance Pool: 2* Total Shares in Leadership Performance Pool: 1*

1 + 1 (Additional Share, because of 1 First Time No Additional Share earned, since there’s no First
Personally Sponsored Platinum Director or above)* Time Platinum Director or above.

A share’s monthly bonus is equal to the designated pool’s percentage, multiplied by the
Company Volume for the same month, and divided by the number of shares of Modiway
Advisors who have qualified for a share or shares in the month.
A share’s monthly bonus is equal to the designated pool’s percentage, multiplied by the
Company Volume for the same month, and divided by the number of shares of Modiway
Advisors who have qualified for a share or shares in the month.
For Example: For Builder Bonus Calculation

Shares Earned by Emerald Director : (A) 2

Total shares earned by all Builder Bonus Pool : (B)


Qualifiers

Company’s Total Volume


Builder Bonus Pool % : 1.25%
Bonus in Rs. Available for Builder Bonus : Company’s Total Volume * Builder bonus pool

Value of 1 Share : Available Builder bonus / Shares earned by


all builder pool qualifiers
Builder Bonus (In Rs.) : Value of 1 share * Share earned by Emerald
Director
Global Diamond Director
Multiplier Account

Earn from Infinite Depth


Global Diamond Director
▪ Global Diamond Director can open an
additional account, under their main Business Center
1
account

▪ This account can be created to


further increase earning potential
Business Center
down 7 levels below the original 2
account
Business Global
Diamond
Center 1 Director
• Open additional Business Centre once you reach
Global Diamond Director.

• New Business Centre, can open another Business Centre, Business Global
Center 2 Diamond
on reaching Global Diamond Director. Director

• Opportunity to earn on unlimited depth. Business


Center 3
Maintain Global Diamond Director to Earn from
Business Centre 2

Blue Diamond Director Global Diamond Director

Business Business
Center 1 Center 1

Business Business
Center 2 Center 2

No Bonus Earn Bonus as Per Plan


Shape Shift 30 Days Bundle Pack
Net Content :
1. Shape Shift Meal Replacement
Shake (500g)-3 Units
2. Shape Shift Fat Burner Capsule
(pack of 30 Capsule)-1 Unit
3. Shape Shift Fat Burner Premix
(pack of 60 Sachet)-1 Unit
4. Well Multivitamin Multimineral
(30 Unit)-1 Unit
5. Science of Shape Shifting Guide-1
Unit
6. Shape Shift Progress Tracker-1
Unit
Available in Chocolate/Mango/Kulfi Flavors
MRP : Rs. 11,684/-
WHSL : Rs. 8413/-
CV : 5836.40
Save Rs. 3271/- on MRP
Shape Shift 90 Days Bundle Pack

Available in Chocolate/Mango/Kulfi Flavors

MRP : Rs. 37,004/-


WHSL : Rs. 25,018/- Save Rs. 11,986/- on MRP
CV : 17,443.20
FROM FEB’25 ONWARDS

No BV Transfer
No Extension in Weekly or Monthly Closing
Transition

To

Applicable to all consultants who have qualified for at least one month in
Loyalty Plus Program as of Jan 25 closing
All such advisors will be tagged* in the Loyalty Rewards program,
starting Feb’25 as follows:
Rules for LRP points calculation
• Purchases in Loyalty Plus (Till Jan’25 closing) - Points calculated on DP Value in Loyalty
Period

• Purchase in Loyalty Rewards Program (From Feb’25) – Points calculated on PCV

• Advisors tagged at 15% will advance to 20% post completion of 6 months,


(including both Loyalty Plus & Loyalty Rewards Program)

Eg: Advisor completed 4 months in Loyalty Plus (till Jan’25 closing) tagged at 15%, if
completes 2 more months in LRP will advance to 20%

• Advisors tagged at 20% will advance to 25%, post completing 3 months in the Loyalty
Rewards Program

• All LRP points for such advisors (who are eligible for the Transition) will be credited upon
completion of 6/12 months period, as applicable
Transition
To
Eg 1: Advisors completed Eg 2: Advisors completed
1 month in Loyalty Plus 7 months in Loyalty Plus
Terms & Conditions
▪ The above is valid for Advisors of Modicare India only.
▪ Advisors need to maintain minimum 300 CV in any month to retain loyalty
transition benefits.
▪ Advisors can redeem LRP points starting from the month, they are credited.
▪ LRP redemption rules will be applicable as per new Loyalty Rewards Program.
▪ For all loyalty coupons issued in Loyalty Plus, redemption rules will be as per
Loyalty Plus Program.
▪ For LRP points calculation till Jan'25 - Monthly Loyalty purchase considered is
capped at Rs.7000/-, if the loyalty purchase is less than Rs.2500/-, only 80%
of the value will be considered.
▪ Modicare Ltd. reserves the right to change or withdraw the promotion
anytime without assigning any reasons.
▪ All disputes are subject to Delhi Jurisdiction only.
Valid Title Mapping
SMAP 2.0 to Modiway Compensation Plan
Modicare Valid Title Modiway Valid Title
Consultant Advisor
Senior Consultant Advisor
Supervisor Senior Advisor
Senior Supervisor Silver Director
Director / NQD Gold Director
Senior Director Platinum Director
Executive Director Sapphire Director
Senior Executive Director Ruby Director
Platinum Director Emerald Director
Diamond Director Diamond Director
Black Diamond Director Yellow Diamond Director
Red Diamond Director Blue Diamond Director
Global Red Diamond Director Global Diamond Director
Summary
300 PCV 1000 PCV 2000 PCV 2500 PCV

Retain LRP Points and


Percentage Yes Yes Yes Yes

Advance LRP Percentage and


Yes Yes Yes
Earn New Points*

Eligible to earn Sharing Bonus*,


Titles* and Triple Power
Yes Yes
Bonus*

Product of the Month Offer


(Do 2500 PCV in a single Yes
invoice by 15th of the month)

(See
* Other Qualification terms and conditions
Conditions Apply for details)

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