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Pooled Bonuses Neways India also pays pooled commissions to senior distributors other than the Unilevel bonus payments mentioned above that are paid for the various levels of achievement. Retail Bonus This bonus is paid to distributors who buy products worth more than 1 Lac INR (Wholesale Distributor Cost) every month. If a distributor does this, then they will share a 3% pooled bonus with all other distributors who achieve this retail volume for that month. Emerald Level The total product volume of the company for a particular month is calculated and then 1% is allocated to all distributors who achieve the Emerald level or above. The number of distributors eligible for the bonus is calculated and then shared equally between all these distributors. Note that the bonus is 1% and will be shared between a reasonable number of achievers. Diamond Level The total product volume of the company for a particular month is calculated and then 1% is allocated to all distributors who achieve the Diamond level or above. The number of distributors eligible for the bonus is calculated and then shared equally between all these distributors. Note that the bonus is 1% and will be shared between a fewer number of achievers than the Emerald bonus. Executive Diamond Level The total product volume of the company for a particular month is calculated and then 2% is allocated to all distributors who achieve the Executive Diamond level or above. The number of distributors eligible for the bonus is calculated and then shared equally between all these distributors. Note that the bonus is 2% and will be shared between relatively few achievers. Super Diamond Level The total product volume of the company for a particular month is calculated and then 3% is allocated to all distributors who achieve the Super Diamond level. The number of distributors eligible for the bonus is calculated and then shared equally between all these distributors. Note that the bonus is 3% and will be shared between very few achievers. This bonus can be very large. Charity Bonus The total product volume of the company for a particular month is calculated and then 1% is allocated to all nominated charities. The number of charities will be minimal and will primarily benefit the poorer classes. Housing charities will be given a priority. |
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Neways India |
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