What a great weekend, we loved seeing all of you at Fall Conference. Be expecting in these next few days a survey about your experience at this years fall conference! We would love to hear your input!
Compensation Plan Additions!
Level 2 Fast Start Qualification
Starting October 1st Engage Global will change the qualification around eligibility for the Level 2 Fast Start Bonus. The bonus paid out on the Fast Start Builder Pack. As of October 1st anyone who purchase a Fast Start Pack or Fast Start Builder Pack will be eligible for the Level 2 Bonus of $200. This bonus is paid out weekly.
The Three Additions!
On October 1st a Leadership Bonus Pool will be instituted. This pool is designed to reward Field Leadership as the company grows. Those who qualify at the rank of Liberty 3 or above will be eligible to participate in the pool. This pool will be paid out monthly and those who qualify will earn shares of the pool. Once the month ends the share totals are tallied and divided against the funds in the pool. Then each participant will be paid out an amount based on the shares that they have earned. Shares are earned in the following manner:
Liberty 3 – Earns 1 share
Freedom 1 – Earns 2 shares
Freedom 2 – Earns 3 shares
Freedom 3 – Earns 4 shares
The amount of money in the pool is based off a sliding percentage of 3-5% of total volume. This percentage is determined by company’s 10% profitability metric as well as 50% of volume maximum commission metric. It is important to note that this bonus is paid monthly and is only paid to qualifying Liberty 3s and above.
Weekly Fast Start
Starting October 1st Engage Global will begin paying the direct sponsor Fast Start Bonus on a trailing weekly basis. As an example if person A was to sponsor person B on a Tuesday with a Fast Start Pack the $100 bonus would be paid out on a week from Friday. This allows for proper commissions calculations. Each Friday these bonuses will be paid on the prior week’s Fast Start Enrollments.
Second Generation Fast Start Bonus Promotion
Engage Global is please to extend the promotional Second Generation Fast Start Bonus from October 1st to December 31st. This promotional bonus is paid out to the sponsor of the sponsoring member. As an example if person A sponsors person B and person B the enrolls person C with a Fast Start Pack earning a $100 bonus, person A is also paid out a $50 bonus. This bonus is paid out at $50 for a Fast Start Pack or $100 for a Fast Start Builder Pack. It is important to note that this bonus does not compress. This bonus is paid out monthly.