Transcript MY_GIP2014_en_US

2014
Amway
Makes it
Possible.
WE
Make it
Happen!
2014 AMWAY GIP
GROWTH
incentive
program
Growth Incentive Program
• It is NOT part of the Amway Sales & Marketing Plan
• Rewards Growth and Consistency
• Subject to change
• Approval by Ada
• Operate your distributorship in accordance to the Amway
Rules of Conduct and the Malaysia Direct Sales Act 1993
(for Malaysian Distributorships only).
2014 AMWAY GIP
2014 Growth Incentives Program
Rewarding growth & consistency
SQ Bonus
Special ALS Program
New Achiever Bonus
Emerald ALS Program
Emerald Growth Incentives
Diamond Growth Incentives
Executive Diamond Excellence Award
Break Leg Bonus
2014 AMWAY GIP
SQ Bonus
1.
SQ mths
SQ 6
SQ 7
SQ 9
SQ 12
(SQ12VE)
Malaysia
RM
8,000
RM10,000
RM15,000
RM28,000
Brunei
Singapore
B$ 5,000
S$ 6,500
B$ 6,500
S$ 8,500
B$
9,000
B$ 18,000
SQ Bonus Qualifications:
• Must maintain a minimum of 15% for non-SQ months
• Bonus is paid at the end of the performance year.
2014 AMWAY GIP
S$ 13,000
S$ 25,000
SQ Bonus
For new Platinum ONLY
2.
SQ mths
Malaysia
Brunei
Singapore
B$ 2,500
S$ 3,000
SQ 6 and above
If non-SQ month is
12%
RM
3,500
EXCEPTION:
New Platinums with NQ months < 12% before the 1st
qualified month in PY2014 is eligible provided
• he/she does not have any SP months in PY2013
• Achieves minimum 12% in both Sept & Oct 2014
If New Platinum achieves 6 SQ months with NQ month at
15% & above, he/she will receive RM8,000 / B$5,000 /
S$6,500 (exception rule above still apply for 15% condition)
2014 AMWAY GIP
SQ Volume
SQ Volume
Malaysia
>= 200,000 PV
+ RM13,000
Brunei
Singapore
+ B$ 8,500 + S$ 11,000
(+Growth of 10% or 25,000PV,
whichever lower)
SQ Volume Qualifications:
• Must have a minimum of 6SQ months to qualify for SQ Volume (SQV) of
200,000 PV
• Min requirement is 200,000 PV
• And growth of 10% or 25,000 PV as compared to PY2013, whichever is lower.
DD
PY2013
SQ Volume
PY2014
SQ Volume
Qualified?
A
NIL
200,000

Min 200,000 PV
B
180,000
200,000

Min 200,000 PV and growth of 10%
C
180,000
198,000

Did not meet min 200,000 PV
D
200,000
220,000

Min 200,000 PV and growth of 10%
E
200,000
200,000

Did not meet growth of 10%
F
300,000
325,000

Min 200,000 PV and growth of 25,000 PV
2014 AMWAY GIP
Why?
SQ Bonus
SQ Volume is a total of:
• Volume from SP and GP
• Volume from new Platinum
• Volume from re-classified DDs,
except 1st year re-classified DDs.
Volume of a re-classified PY2013 DD
(a 1st year re-classified DD) will not be
counted. EXCEPT if they re-qualify DD in
PY2014, then the full performance year
volume will be counted.
What is a SQ12 Volume
Equivalency (VE)?
An alternative way to achieve SQ12
is by achieving SQ10 or SQ11 with
180,000 SQ Volume.
What is a SQ Month?
A SQ Month is when you achieve
one of the following in a month:
• 12,500 PV# (SQ Volume)
• 5,000 PV # (SQ Volume)
+ ONE New 21% Leg
• TWO New 21% Leg
2014 AMWAY GIP
# To qualify for an additional
payment for SQ Volume of
200,000 PV and above, you must
have at least 6 SQ Months.
What is a New 21% Leg?
A New 21% Leg is a new
21% SP qualification.
SQ Bonus - Singapore
70% & above of the SQ
Volume generated from
Singapore
SQ Bonus will be paid in Singapore
Dollars
SQ Volume generated from
Singapore < 70%
SQ Bonus payment will be prorate
based on the ratio of volume from
each country and their payment
schedule
Example:
• SQ6 + non qualified SQ month at 15%
• SQ Volume of 120,000 PV
SQ Volume from
SG (%)
SQ Volume from
MY (%)
Payment
100,000 PV (83%)
20,000 PV (17%)
S$6,500
60,000 PV (50%)
60,000 PV (50%)
(50% x S$6,500) + (50% x RM8,000) = S$4,850
30,000 PV (25%)
90,000 PV (75%)
(25% x S$6,500) + (75% x RM8,000) = S$4,025
Exchange rate: S$1 = RM2.50
2014 AMWAY GIP
ALS
Specials
NEW Sapphire &
above
Automatic qualification to ALS2014 Auckland
when you move up new levels to Sapphire &
above
Eg:
• Founders Platinum who moves up to new Sapphire
• Sapphire who moves up to Founders Sapphire, etc
2014 AMWAY GIP
ALS
Specials
+
MORE!
2014 AMWAY GIP
1,000
ALS Bonus points
ALL who qualify Q12
or Q12VE
ALS
Specials
+
MORE!
2nd Timers & above
If you have not qualified ALS in the last 3 years
i.e. PY2011, PY2012 & PY2013
But have qualified SQ12 or SQ12 VE
in PY2012, PY2013 and PY2014
Join us for ALS2014 Auckland by,
a) Just achieve 3,000 ALS points more
than your ALS points of PY2013, OR
b) Just maintain your ALS points of PY2013,
if your ALS points in PY2013 is within
3,000 points of your ALS timer target.
2014 AMWAY GIP
ALS
Specials
Performance Year
2011
Qualified SQ12
(SQ12 VE)
Qualified ALS in
2012
2013
2014
  
  
Requirement
3 years
SQ12
3 years not
attended
ALS
ALS Points Schedule
Timer
ALS
Points
1st 10,000
2nd 13,000
3rd 16,000
4th 19,000
EXAMPLE
DD A
ALS Points
Target for 2014
ALS points
in 2013
Minimum ALS Points to
qualify for 2014
22,000
20,000
20,000
Maintain PY2013 ALS pts
DD B
22,000
12,000
15,000
Grow +3,000 ALS from PY2013
• DDs A and B are both 5th timers:
2014 AMWAY GIP
5th 22,000
6th & 25,000
above
New Achievers’ Bonus
Celebrating Your Achievements
Want More? Get More!
New Pin Level
Malaysia
Platinum
RM4,000
B$2,000
S$3,000
Founders Platinum
RM6,000
B$3,000
S$5,000
Sapphire
RM10,000
B$ 5,000
S$ 8,000
Founders Sapphire
RM15,000
B$ 7,500
S$12,000
Emerald
RM50,000
B$25,000
S$35,000
Founders Emerald
RM25,000
B$12,500
S$18,000
Diamond
RM80,000
B$40,000
S$55,000
Founders Diamond
RM35,000
B$17,500
S$24,000
Executive Diamond
RM40,000
B$20,000
S$27,000
Founders Exec. Diamond RM45,000
B$22,500
S$30,000
2014 AMWAY GIP
Brunei Singapore
New Platinum
must maintain
min of 12% for
non-Q months
New Achievers’ Bonus
Celebrating new achievements
Conditions
• New Levels are not retroactive and must exceed
previous highest qualification level
• New Emeralds & above Total domestic Q months
must not be less than last performance year.
• Emerald Bonus Recipients are Emeralds and
Founders Emerald and above with min 3 domestic legs
• Diamond Bonus Recipients are Diamonds and above
with min 6 domestic legs
• For non-EBRs & non-DBRs
•
•
•
•
2014 AMWAY GIP
Re-qualify at the new level as an EBR/DBR within
3 years* of new level and be eligible for NAB.
Maintain total Q of domestic legs of the previous year.
Inclusive of new qualifiers of PY2011, PY2012 & PY2013
who are non-EBR, non-DBR.
*Subject to the availability of the NAB program.
New Achievers’ Bonus
Celebrating new achievements
• 1st Time New Platinums
Must re-qualify Platinum in PY2014 with minimum 12% in
non-SQ months in PY2014. Payment is upon
requalification in PY2014.
EXCEPTION:
New Platinums with NQ Months < 12% before the 1st qualified
month in PY2014 is eligible provided
• he/she does not have any SP Months in PY2013
• Achieves minimum 12% in both Sept & Oct 2014
Go1B Incentive:
Receive additional 50% bonus for new
Founders Platinum and above qualification
when we achieve Sales growth of 10% as
compared to CY2013 (9% for Singapore)
2014 AMWAY GIP
Emerald ALS Program
• For re-qualified and new Emeralds
• Alternative method to qualify for ALS2014
Personal
Volume (PV)
Q Months
1st Timer
50,000
18Q
2nd Timer
50,000
24Q
3rd Timer & above
50,000
30Q
Emerald ALS Timer
Counting from
PY2000
2014 AMWAY GIP
Will not include
pass-up from,
in-between 21% and
SP & above
Total no. of Q months
from domestic and
international 21% groups.
Groups with less than
6Q can be added.
Emerald
Re-Qualify
Growth Emerald
Incentives (EBR)
Grow by 1Q
Malaysia Brunei Singapore
(RM)
(B$)
(S$)
12,000
6,000
7,000
Grow by 2Q
14,000
7,000
8,000
Grow by 3Q
30,000 15,000 25,000
Go1B Incentive:
Receive additional 50% bonus for
qualification with growth of 3Q and above,
when we achieve Sales growth of 10% as
compared to CY2013 (9% for Singapore)
2014 AMWAY GIP
Emerald Re-Qualify Emerald &
New Emerald (EBR)
Growth
Grow 7-9Q
Incentives Extra
QMonths
and
get…
For requalified
Emerald
(EBR)
and New
EBR
2014 AMWAY GIP
Malaysia
(RM)
Brunei
(B$)
Singapore
(S$)
3,000
1,500
2,500
10-12Q
6,000
3,000
5,000
13-15Q
9,000
4,500
7,500
16-18Q
12,000
6,000
10,000
19-21Q
15,000
7,500
12,500
22Q &
above
18,000
9,000
15,000
Diamond
Growth
Incentives
Re-Qualify
Diamond
(DBR)
Grow by 1Q
Malaysia Brunei Singapore
(RM)
(B$)
(S$)
Grow by 2Q
21,000 10,000 15,000
Grow by 3Q
50,000 25,000 35,000
18,000 8,500
Go1B Incentive:
Receive additional 50% bonus for
qualification with growth of 3Q and above,
when we achieve Sales growth of 10% as
compared to CY2013 (9% for Singapore)
2014 AMWAY GIP
12,000
Diamond Re-Qualify Diamond &
New Diamond (DBR)
Growth
Grow 7-9Q
Incentives Extra
Malaysia
(RM)
Brunei (B$)
Singapore
(S$)
5,000
2,500
4,000
Q-Months 10-12Q
and get…
For re- 13-15Q
10,000
5,000
8,000
15,000
7,500
12,000
16-18Q
20,000
10,000
16,000
19-21Q
25,000
12,500
20,000
22Q &
above
30,000
15,000
24,000
qualified
Diamond
(DBR) and
new DBR
2014 AMWAY GIP
Emerald &
Diamond
Growth
Incentives
Terms and Conditions
•Must be EBR or DBR to qualify
for EGI or DGI respectively.
•Re-Q Bonuses are not applicable
to new Emeralds and new
Diamonds.
2014 AMWAY GIP
Calculating Your Base Q
1. All Domestic Q qualifies as a base Q.
2. Minimum base Q is 18Q for EGI and 36Q for DGI and
*not less than PY13.
3. Base Q is now limited to a max of 3Q above your Q
months of PY13 subject to min base of 18Q (for EGI) and
36Q (for DGI).
4. If you receive new Emerald/new Diamond/EGI/DGI in
2013, your base is PY2013, otherwise, it is an average of
3 years (PY2011, 2012 & 2013)
5. To qualify as a count for growth Q, the domestic Q month
in PY2014, must be followed by at least a 2 subsequent
months of minimum 12%, OR immediately by another Q
month.
EXAMPLE
Em A
Base
PY11 PY12 PY13 (average of 3 years) New Base
29Q 26Q 20Q (29+26+20) ÷ 3 = 25 23Q
Em B
16Q
18Q
14Q
(18+18+18) ÷ 3 = 18 18Q min
Em C
21Q
18Q
14Q
(21+18+18) ÷ 3 = 19 18Q min
Em D
18Q
36Q
30Q
(18+36+30) ÷ 3 = 28 *30Q
Executive Diamond
Excellence Award
For New and Re-qualified Executive Diamonds
& Above with min. 3 domestic legs.
Total No. of Domestic
Q-Months
Malaysia
RM
Brunei
B$
Singapore
S$
36 – 44
30,000
15,000
20,000
45 – 53
35,000
17,500
24,000
54 – 66
40,000
20,000
28,000
67 – 80
45,000
22,500
32,000
81 – 93
50,000
25,000
36,000
94 – 107
60,000
30,000
42,000
108 & above
70,000
35,000
48,000
2014 AMWAY GIP
EXAMPLE
9 domestic legs with
6 months each
= 9 legs x 6mths
= 54 Q mths
= RM40,000
Break Leg
Bonus
NEW Platinum in
Singapore
Break a new Platinum leg in Singapore and be
rewarded with S$6,000!
•
•
•
2014 AMWAY GIP
For immediate qualified upline Platinum who is not a EGI/DGI
recipient.
Immediate qualified upline can be from Malaysia, Brunei or
Singapore
New leg must qualify as new Platinum in PY2014 and re-qualify
with 6Q in PY2014
One Time
Cash Award
Celebrating new achievements
New Pin Level
Malaysia
(RM)
Brunei
($)
Singapore
($)
90,000
42,000
54,000
120,000
150,000
56,000
70,000
76,000
90,000
180,000
240,000
84,000
112,000
108,000
144,000
Crown Ambassador
300,000
360,000
140,000
168,000
180,000
216,000
Founders Crown Ambassador
420,000
196,000
252,000
Double Diamond
Founders Double Diamond
Triple Diamond
Founders Triple Diamond
Crown
Founders Crown
2014 AMWAY GIP
ALS 2014
AUCKLAND
2014 AMWAY GIP
DI 2014
MILAN
2014 AMWAY GIP
Amway
Makes it
Possible.
WE
Make it
Happen!
2014 AMWAY GIP
MOVE
UP!
CHANGE
PIN!
Set your goal to
qualify as
Diamond & above
by 2015!