Wealth Maximizer Plan pg1

STEP
1
Getting Started
RETAIL PROFITS AND VOLUME COMMISSIONS
1. Register as a new Distributor to start earning part-time income. The only required purchase to become a Distributor is a
not-for-profit Business Portfolio. All product purchases are optional. There are no bonuses paid for recruiting. All bonuses
are paid based on products sold.
2. Enroll new Distributors to start earning retail profits and volume commissions. No benefits or bonuses will be given or
paid for recruiting only.
STEP
2
Leadership Development
FOUNDATION FOR YOUR FUTURE
Build your organization to become an Executive and see your earnings grow.
How to qualify as an Executive:
1. Submit your Letter of Intent (LOI) on the month you want to start your Executive qualification.
2. Beginning from your LOI month, accumulate 6,000GSV within 6 months.*
3. Maintain a minimum of 100PSV per month during your Executive qualification period.
* Subject to change.
Once you become an Executive,
1. Upon completion of LOI, Executive must maintain a minimum of 100PSV and 2,000GSV to be
eligible for bonuses.
2. Executive’s 100PSV counts to upline Executives.**
3. Executive is entitled to one Grace Month in every 12 months.
** This rule is applicable to Singapore/ Malaysia/ Brunei/ Indonesia Executives only. Subject to change.
EARN EXECUTIVE BONUS
GROUP SALES VOLUME GSV
EXECUTIVE BONUS
EXTRA EB*
2,000-2,999 GSV
9%
3,000-4,999 GSV
10%
5%
5,000-9,999 GSV
11%
5%
10,000-14,999 GSV
12%
5%
15,000-24,999 GSV
13%
5%
25,000-49,999 GSV
14%
5%
50,000+ GSV
15%
5%
•
•
•
Earn monthly Executive Bonus (EB) on your Group CSV (GCSV).
Extra EB of 5% is paid to all active Executives paid on the VOLUME Maximizer.
Executive Bonus and Extra Executive Bonuses are not paid during a Grace Month.
* Percentage of Executive Bonus and Extra Executive Bonus are determined by GSV. Once the percentage is determined, the bonuses will be paid on Group Commissionable
Sales Value (GCSV)
STEP
3
Revolutionary Wealth Maximizer
ENSURES THE MAXIMUM PAYOUT FOR YOU
Increase your earning potential as you get paid the maximum commission possible. Nu Skin Enterprises automatically
maximizes your commissions every month, and pays the calculation that earns you the most.
Option 1
VOLUME MAXIMIZER
Option 2
DEPTH MAXIMIZER
Minimum
3,000 GSV
Extra Executive
Bonus 5%
2,000-2,999
G1 Bonus 2.5%
3,000-above
Double G1
Bonus 10%
OR
GSV
Leadership
Bonus (G1-G6)
2,000-2,999
2.5%
3,000-above
5%
* Percentage of Extra Executive Bonus and Leadership Bonus are determined by GSV. Once the percentage is determined, the bonuses will be paid on Group Commissionable Sales
Value (GCSV).
“Human potential is an intriguing thing, because there is no gauge on any of us. None of us know how much we can accomplish. We all have the
capacity to do more than we understand. There’s no question in my mind that everyone can go further, climb higher, do more than they ever
believed.”
Steve Lund
Executive Chairman of the Board and Executive Director of Nourish the Children, Nu Skin Enterprises
WEALTH MAXIMIZER
MAXIMIZE YOUR BONUS POTENTIAL
VOLUME MAXIMIZER:
EXTRA EXECUTIVE
BONUS
DOUBLE G
BONUS
OR
BONUS %
3,000
5%
BREAKAWAY EXECUTIVE BONUS
TITLE
EXTRA EXECUTIVE BONUS
MIN GSV
DEPTH MAXIMIZER:
GOLD
1
1
5%
BONUS %
3,000
10%
2,3
5%
4,5
5%
3
NUS DBLG
MIN GSV
RUBY
EMERALD
DIAMOND
BLUE
DIAMOND
8,9,10,11
12
Number of G1 Breakaway Executives
2
DOUBLE G
LAPIS
6,7
5%
5%
4
5%
5
6
Earn an extra 5% commission on GCSV plus 10%
commission on the GCSV of your G1 Breakaway Executive
Earn up to 5% commission on the GCSV of every Breakaway Executive in your organisation
WEALTH MAXIMIZER COMMISSION PAYOUT EXAMPLES
VOLUME MAXIMIZER
EEB 5%
paid on GCSV
S$255.00 / RM577.50 /
B$255.00
DBL G1 10%
paid on GCSV
S$2040.00 / RM4620.00
/ B$2040.00
Total
S$2295.00 / RM5197.50 /
B$2295.00
DEPTH MAXIMIZER
OR
G1 5%
paid on GCSV
S$1020.00 / RM2310.00 /
B$1020.00
G2 at 5%
paid on GCSV
S$510.00 / RM1155.00 /
B$510.00
Total
S$1530.00 / RM3465.00 /
B$1530.00
YOU
100 PSV, 3000 GSV,
5100 GCSV (SG & BN) / 11550 GCSV (MY)
RUBY EXECUTIVE
EXECUTIVE
GOLD
GOLD
EXECUTIVE
3000 GSV
3000 GSV
3000 GSV
3000 GSV
5100 GCSV (SG/BN) 5100 GCSV (SG/BN) 5100 GCSV (SG/BN) 5100 GCSV (SG/BN)
11550 GCSV (MY) 11550 GCSV (MY) 11550 GCSV (MY) 11550 GCSV (MY)
EXECUTIVE
EXECUTIVE
3000 GSV
3000 GSV
5100 GCSV (SG/BN) 5100 GCSV (SG/BN)
11550 GCSV (MY) 11550 GCSV (MY)
YOU
100 PSV, 3000 GSV,
5100 GCSV (SG & BN) / 11550 GCSV (MY)
RUBY EXECUTIVE
DEPTH MAXIMIZER
VOLUME MAXIMIZER
EEB 5%
paid on GCSV
S$255.00 / RM577.50 /
B$255.00
DBL G1 10%
paid on GCSV
S$2040.00 / RM4620.00
/ B$2040.00
Total
S$2295.00 / RM5197.50 /
B$2295.00
OR
G1 5%
paid on GCSV
S$1020.00 / RM2310.00 /
B$1020.00
G2 at 5%
paid on GCSV
G3 at 5%
paid on GCSV
S$1275.00 / RM2887.50 /
B$1275.00
Total
S$2805.00 / RM6352.50 /
B$2805.00
S$510.00 / RM1155.00 /
B$510.00
LAPIS
GOLD
GOLD
GOLD
3000 GSV
3000 GSV
3000 GSV
3000 GSV
5100 GCSV (SG/BN) 5100 GCSV (SG/BN) 5100 GCSV (SG/BN) 5100 GCSV (SG/BN)
11550 GCSV (MY) 11550 GCSV (MY) 11550 GCSV (MY) 11550 GCSV (MY)
EXECUTIVE
EXECUTIVE
EXECUTIVE
3000 GSV
3000 GSV
3000 GSV
5100 GCSV (SG/BN) 5100 GCSV (SG/BN) 5100 GCSV (SG/BN)
11550 GCSV (MY) 11550 GCSV (MY) 11550 GCSV (MY)
GOLD
GOLD
3000 GSV
3000 GSV
5100 GCSV (SG/BN) 5100 GCSV (SG/BN)
11550 GCSV (MY) 11550 GCSV (MY)
The CSV shown in the above example is for illustration purposes only. It is not a projection of a fixed and direct
conversion between PSV & CSV. CSV calculation is based on the wholesale price of a product or service minus
any taxes and PSV discounts (Web, etc).
EXECUTIVE
EXECUTIVE
3000 GSV
3000 GSV
5100 GCSV (SG/BN) 5100 GCSV (SG/BN)
11550 GCSV (MY) 11550 GCSV (MY)
NU SKIN ENTERPRISES IS THE
DIFFERENCE. DEMONSTRATED™.
BY PARTNERING WITH YOU,
WE CONTINUE TO DISTINGUISH
OURSELVES AS THE TRUE LEADER
IN GLOBAL COMPENSATION.
OUR VISION IS PERFECTLY CLEAR
TO BECOME THE WORLD’S
LEADING DIRECT SELLING
COMPANY BY GENERATING
MORE INCOME FOR OUR
DISTRIBUTORS THAN ANY
OTHER COMPANY.
The Nu Skin Enterprises Sales Compensation Plan
rewards you for your leadership as you grow healthy
and stable organizations. The Wealth Maximizer
Plan is one more aspect that demonstrates Nu Skin’s
automatically analyzes your organization and computes
revolutionary commission element ensures that we will
pay you the maximum commissions possible – a truly
unique concept.
When you study the plan, you will see that there is a
Group Sales Volume (GSV) is greater than 3,000.
WEALTH MAXIMIZER AT A GLANCE
Depth Maximizer
Help your downlines succeed
Volume Maximizer
Train your Downlines
As an Executive
Build your Organization
L1 Bonus – 5%
Executive Bonus – 9-15%
Leadership Bonus – 2.5%/5%
L1 Bonus – 5%
Executive Bonus – 9-15%
Extra Executive Bonus – 5%
Double G1 Bonus – 10%
L1 Bonus – 5%
Executive Bonus – 9-15%
Extra Executive Bonus – 5%
As a Distributor
Earn part-time income
L1 Bonus – 5%
“Most people think, “Well, I want lots of money.” That isn’t really true. They want what they can do with money. They want a lifestyle, they want
freedom, or maybe they want the ability to help other people because they have extra income that they don’t need to use on themselves.”
Blake Roney
Founder, Nu Skin Enterprises
Glossary:
Business Portfolio is a non-commissionable, not-for-profit and is the only purchase
required to become a Distributor. It contains Nu Skin’s Policies and Procedures,
the Sales Compensation Plan, a Distributor Agreement, a Business Entity Form,
a Joint Participation Form and other sales and demonstration materials to assist a
Distributor in starting and conducting his/her independent business.
Breakaway Executive: A Distributor who has completed Executive qualification
and “broken away” from their upline, meaning that the sales volume of the new
Executive and their circle group no longer count towards their upline’s GSV. When
this event occurs, the upline Executive can qualify to receive the Leadership Bonus
on the GSV of their new Breakaway Executive.
Circle Group: for non-Executives, a circle group consists of all Distributors. For
Executives, a circle group consists of all Distributors and Qualifying Executives.
CSV: Commissionable Sales Value is the monthly currency value of the
commissionable products and services purchased from the Company upon
which Sales Compensation Plan bonuses and commissions will be calculated.
CSV is equal to the wholesale price of a product or service minus any taxes and
PSV discounts (Web, etc). Qualification requirements will be based on PSV
and GSV.
DEXEC: Demoting Executive is an Executive who fails to maintain Executive
requirements and is in the process of being demoted back to Distributor. This
usually occurs at the conclusion of the Provisional Executive (PEXEC) status.
Distributor: an independent contractor authorised by Nu Skin under the contract
to purchase and retail Products, recruit other Distributors and receive Bonuses in
accordance with the requirements of the Sales Compensation Plan. A Distributor’s
relationship to the Company is governed by the Contract.
Double G1 Bonus:
Executives. To receive 10% Double G1 Bonus, an Executive must have at least
3,000GSV. This bonus is only paid on the Volume Maximizer calculation if it
constitutes the higher payout of the two options.
EB: Executive Bonus is a bonus earned monthly on your total GSV. Executive
Bonus ranges from 9% to 15% depending on the total GSV.
EEB:
your GSV. To receive this 5% Extra Executive Bonus, an Executive must have at
least 3,000GSV. This bonus is only paid in accordance with the Volume Maximizer
calculation if it constitutes the higher payout of the 2 options.
Executive Maintenance Requirements: 100 PSV and 2,000 GSV.
Executive Re-entry: this process by which fallen Executives complete the
qualification process again and regain Executive status. If an account who was once
an Executive goes through qualification and passes to Executive within 6 months
after falling to Distributor, they will recapture their former Breakaway organization.
While an account can go through qualification as many times as they like, the
option to recapture one’s Breakaway organization is only available within six months
after falling to Distributor.
G1: Generation 1 refers to a Distributor’s first generation Breakaway Executives.
Grace Month: if an Executive fails to maintain Executive Maintenance
Requirements, he/she may take a grace and maintain their Executive status. Each
Executive is entitled to one Grace Month per 12-month rolling calendar period.
For example, if you use a Grace Month in May, the next time you can take one is
in May of the following year. Executive Bonuses will not be paid during a Grace
Month. An Executive may earn the L1 Bonus during a Grace Month if they meet
the minimum active requirement of 100PSV.
Nu Skin Enterprises Singapore Pte Ltd
9 Penang Road, Park Mall #10-08
Singapore 238459
Tel: 65 6837 3363 Fax: 65 6837 3353
www.nuskin.com.sg
GCSV: Group Commissionable Sales Value is the Commissionable Sales
Value of a Distributor plus the Commissionable Sales Value of all Distributors in
his/her group (not including Commissionable Sales Value of Breakaway
Executives and their Downline Organizations) but not counting an Executive’s
100PSV equivalent Commissionable Sales Value which counts to his/her upline
Executive’s GCSV. (This is applicable to Singapore/Malaysia/Brunei/Indonesia
Executives only)
GSV: Group Sales Volume is the Personal Sales Volume of a Distributor plus the
Personal Sales Volume of all Distributors in his group (not including the volumes
of Breakaway Executives and their Downline Organizations) but not counting an
Executive’s 100 PSV which counts to his/her upline Executive’s GSV. (This is
applicable to Singapore/ Malaysia/ Brunei/ Indonesia Executives only).
L1: Level 1 includes all personally sponsored Distributors, regardless of title.
L1 Bonus: Level 1 Bonus is a 5% bonus paid based on the PSV of all personally
sponsored Distributors. L1 Bonus is paid only to Distributors who fulfill the
minimum active requirement of 100PSV.
Leadership Bonus:
each generation based on the total number of G1 Breakaway Executive. To receive
a 5% Leadership Bonus, an Executive must at least have 3,000GSV. If the GSV falls
between 2,000-2,999, then the Leadership Bonus will be paid at 2.5% on the G1 to
G6 Breakaway Executives for that month.
LOI: Letter of Intent is a letter showing a Distributor’s intention to become an
Executive. During the 1st month of Executive qualification period, a Distributor is
often referred to as an “LOI Distributor”. An LOI Distributor is not the same as a
Qualifying Executive (QEXEC), although both are in qualification to become an
Executive. If a Distributor has been a Qualifying Executive in the past and wishes to
enter Executive qualification again, the Distributor must submit a new LOI form.
PEXEC: Provisional Executive is an Executive who has not met Executive
Maintenance Requirements and has already used the Grace Month. A PEXEC
keeps all of their Breakaway Executives in addition to counting as a Breakaway
Executive to their upline. A PEXEC’s GSV is not included in their upline’s GSV. An
account may be a PEXEC for up to three consecutive months. If a PEXEC meets
Executive Maintenance Requirements, they will be immediately promoted to an
Executive in the month that they meet Executive Maintenance Requirements.
PSV: Personal Sales Volume is the point value of Products purchased by a
primarily for resale to customers.
QEXEC: Qualifying Executive is a Distributor who has successfully passed their
first month of Executive qualification (called an LOI month) and is not fully on
track to be qualified as an Executive.
Roll-up Executive: An Executive who used to be on your second generation (G2)
of Breakaway Executives but because their immediate upline Executive failed to
maintain their Executive Maintenance Requirements, which make him/her a firstgeneration Breakaway (G1) Executive to you.
Roll-up GSV: when a first generation (G1) Breakaway Executive falls to
Distributor, the GSV of the fallen Executive rolls-up in to their upline’s GSV. The
portion of one’s GSV that comes from fallen Breakaway Executive is called “roll-up
GSV”. Executives cannot count roll-up GSV towards their Executive Maintenance
Requirements.
Sponsor: a Distributorship under which another Distributorship is originally placed
after it has applied to become a Distributor.
Wealth Maximizer: a bonus calculating component of the Sales Compensation
Plan that will automatically pay the higher of two alternative bonus calculation:
Volume Maximizer (including Extra Executive Bonus + Double G1 Bonus) or Depth
Maximizer (including Leadership Bonus).
Nu Skin (Malaysia) Sdn Bhd (402787-V)
License No. AJL 931384
Lot 01-05, Level 1, PNB Darby Park Retail
10 Jalan Binjai, 50450 Kuala Lumpur
Tel: 603 2170 7888 Fax: 603 2170 7999
www.nuskin.com.my
NuSkin Pharmanex (B) Sdn Bhd
D2, Blk D, Lot 11620, Jalan Gadong
Bandar Seri Begawan BE1718
Brunei Darussalam
Tel: 673 2 422 225 Fax: 673 2 422 226
www.nuskin.com.bn