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Mannatech’s new enhanced compensation plan

Mannatech’s new enhanced compensation plan. 1. Why the need to enhance? . Mannatech pays out a total 42% in commissions and incentives. When looking at the compensation plan we found that there was areas paying non-productive money . 2. So where was this money being rewarded? .

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Mannatech’s new enhanced compensation plan

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  1. Mannatech’snew enhanced compensation plan 1

  2. Why the need to enhance? • Mannatechpays out a total 42% in commissions and incentives. • When looking at the compensation plan we found that there was areas paying non-productive money 2

  3. So where was this money being rewarded? • Team Bonus was being used as a targeted amount against product purchase price. • This did not encourage business growth. • Unilateral payments were not effectively paying on level 1-5 3

  4. The compensation plan enhancements 4

  5. Team Bonus • SGP$112 • Must Be Qualified 100PV • 600 GPV • No more than 65% and 390 GPV from one leg! • It’s simpler than before 5

  6. Team Bonus By helping your team earn a Team Bonus you will earn a Team development bonus of SGP$15 as the first qualified upline. Another SGP$15 is given to the second qualified upline. 6

  7. Earn the right from the get go! • SGP $112 Team Bonus • SGP $15 Team Development • SGP $94 Pack Bonus (Direct) (multiple times) • 3% AO Bonus on amounts paid • SGP $500 Power Bonus (multiple times) 7

  8. OrganisationalIncome • PV now on ALL Packs • Makes it easier to earn: • Team Bonus • Leadership • Lifestyle Rewards 8

  9. Immediate Income • It pays more to be a Champion All Star Associate • Enhancements to the Direct Bonus will mean higher Bonuses to the enroller if you are a Champion All Star. • The Direct Bonus is also paid to the 1st and 2nd generational up line leaders. • Training certificate of SG$25 in All Star packs 9

  10. Summary of bonuses 10

  11. Summary of bonuses 11

  12. Lifestyle Bonuses • Paid every BP to National Director level and above • Paid on top of all product and pack earnings • ND SGP$500 • ED SGP$1095 • PD SGP$2500 12

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  15. Mannatech loyalty program 15

  16. Loyalty Program • Better rewards for loyal customers • We are now offering a 20% Loyalty Credit rather than a 10% discount • Associate pay wholesale price for all orders • Earn credits every 3 consecutive BP’s • Receive 20% credit of the total of those orders • No PV or APO is attached on loyalty credit orders • One Year Expiration 16

  17. Loyalty Program Business Period 2 Business Period 1 Business Period 3 Your automatic order Automatic order value $100 Your automatic order Your automatic order Order value $200 Order value $200 Order value $200 Loyalty credit $40 Loyalty credit $40 Loyalty credit $40 • Total order value over 3 BPs worth $600 • 20% loyalty credits over 3 BPs worth $120 • Applies towards getting a FREE product of equivalent dollar value 17

  18. Who is Automatically opted in to the new Loyalty Program ? • All new Associates and members who join Mannatech from BP8 • All Associates who hold a leadership level of RD or above as at the start of BP8 • Anyone who has earned a Team Bonus in BP 6 or 7 • continued…… 19

  19. Who is Automatically opted in to the new Loyalty Program ? • Any Associate who earns a Team Bonus for the first time from BP8 onwards. • Any Associate who becomes a leader for the first time from BP8 onwards. • Any Associate who is not included in the above groups and who ceases to hold an AO as at or after BP8. 20

  20. Summary 21

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