FINANCIAL EXECUTIVE COMPENSATION PLAN · 2019. 5. 1. · MONTHLY PAY PRESIDENTIAL BONUS Level Goup...
Transcript of FINANCIAL EXECUTIVE COMPENSATION PLAN · 2019. 5. 1. · MONTHLY PAY PRESIDENTIAL BONUS Level Goup...
MWR Financial Compensation Plan1
F I N A N C I A L E X E C U T I V E
COMPENSATIONPLAN
© 2019 MWR Financial
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GETTING STARTED
MOMENTUM BONUSIn your first 30 days enroll 3 Qualified Financial Directors (QFDs) and earn a $150 Momentum Bonus. Half paid on qualifying and half paid on the second billing. A maximum of 30 days is allowed for the second billing.
In your first 60 days help 3 personally enrolled QFDs each enroll at least 3 personal QFDs and earn an additional $450 Momentum Bonus. Paid upon second billing of all QFDs and all QFDs must be Qualified.
In your first 90 days help 3 personally enrolled QFDs each enroll at least 3 personal QFDs that each enroll at least 3 personal QFDs and earn an additional $900 Momentum Bonus. Paid upon second billing of all QFDs and all QFDs must be Qualified.
30DAYS
$150 $450
60DAYS
$900
90DAYS
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DAILY PAY
CUSTOMER BONUSYou can earn $40 on EVERY Financial Edge customer you personally enroll and when you enroll 3 or more customers this makes your financial edge membership absolutely free, for as long as you maintain a minimum of 3 active customers. You’ll also earn a $10 monthly residual income on all the customers you personally enroll over and above the 3 active customers that are used to make your membership free. But it gets even better... Each of your customers can also refer 3 customers to make their membership free and when they do, you’ll earn an additional $40 bonus on all of their referrals that enroll, through infinity.
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DAILY PAY
When Independent Financial Directors (FD) you sponsor become Qualif ied within 30 days of Enrollment, you earn an Sponsor Bonus of $50.
SPONSORBONUS
LEADERSHIP EXPANSION BONUSEarn Leadership Expansion Bonuses when FDs in your coded organization become Qualified within 30 days of Enrollment.
UNLIMITED DEPTH PER LEADERSHIP RANK
Sponsor Executive Senior Area District Regional National
$50 $10 $20 $45 $55 $65 $75
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MONTHLY PAY
LEADERSHIP CUSTOMER RESIDUALS
Earn Leadership Customer Residuals of up to $8 per month on all of the Customers
enrolled by your coded organization. Payments start on the third month
from Customer enrollment.
25% CHECK MATCH
The 25% Check Match is paid on the Daily and Monthly Pay of your personally sponsored FDs, excluding the Daily Guarantee, Momentus Bonuses and Luxury Vehicle Club. To qualify to earn the 25% Check Match, you must be a Senior Director with 3 sponsored QFDs.
UNLIMITED DEPTH PER LEADERSHIP RANK
Executive Senior Area District Regional National
$0.25 $0.50 $3.50 $4.50 $5.50 $8.00Amounts indicate earnings per rank level. Differentials will be paid on customers coded to lower ranking FDs within your leadership rank.
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DAILY GUARANTEEEarn $5 to $1,000 in Daily Guarantee based on your Placement Team Qualification Points. Commissions accrue daily and are paid as a top-up against the previous month’s earnings*. Each leg counts for up to one-third of volume. Must maintain 3 sponsored QFDs and 1 Retail Customer. Payments begin on the first month of qualification.
Star Level
Group Points
Daily Pay
1 9 $5
2 36 $20
3 150 $30
4 300 $50
5 550 $100
6 1,100 $150
7 1,750 $200
8 2,750 $300
9 4,250 $500
10 9,250 $1,000
MONTHLY PAY
*Excludes Luxury Vehicle Club and Presidential Bonuses
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MONTHLY PAY
PRESIDENTIAL BONUSLevel Group
Points Monthly
Bonus
1 250 $500
2 750 $1,000
3 1,750 $2,500
4 3,750 $5,000
5 7,500 $10,000
6 11,250 $15,000
7 18,750 $25,000
8 37,500 $50,000
9 75,000 $100,000
Earn a Monthly Presidential Bonus when your Enrollment Team Qualification Points are maintained for two consecutive months. Must be an Area Director and each leg counts for up to one-third of volume.
A 50% Check Match is paid on Presidential Bonuses. 25% is earned by the first Presidential Bonus qualified QFDs in your upline Enrollment Team. An additional 25% is earned by the first Presidential Bonus qualified QFDs in your upline Enrollment Team that is a higher level than your own.
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PROMOTION REQUIREMENTSPromotions legs are based on your Placement Team. You will be promoted as soon as you meet your team requirements, after which you will have a grace period of 45 days to meet your Qualification Point requirements.
3 Level 1 QFDs (Placement Team or Enrollment Team), 1 Sponsored QFD Develop 3 legs each with a minimum
of 1 Area Director, 1 Sponsored QFD
Develop 3 legs each with a minimum of 1 Executive Director, 1 Sponsored QFD
Develop 3 legs each with a minimum of 1 District Director, 1 Sponsored QFD
Develop 3 legs each with a minimum of 1 Senior Director, 1 Sponsored QFD
Develop 3 legs each with a minimum of 1 Regional Director, 1 Sponsored QFD
Executive Director Executive District Director
Executive Regional Director
Executive National Director
Executive Senior Director
ExecutiveArea Director (Presidential Club)
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LUXURY VEHICLE CLUBTIER I:
LUXURY VEHICLE OF YOUR CHOICE
TIER II: LUXURY VEHICLE OF YOUR CHOICE
TIER III:SUPERCAR OR
LUXURY HOME BONUS
$500 per month towards a luxury vehicle of your choice. Must maintain 200 Enrollment Team Qualification Points.
$1,250 per month towards a luxury vehicle of your choice. Must maintain 500 Enrollment Team Qualification Points.
$3,000 per month towards a supercar or luxury home. Must maintain 1,750 Enrollment Team Qualification Points.
REWARDS
Each leg counts for up to one-third of the required point volume which must be maintained, along with 3 sponsored QFDs,on the first day of every month when the Luxury Vehicle Club report is generated. Vehicles must be 5 years old or newer.
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ENROLLMENT VS PLACEMENT
MISCELLANEOUS
Personally sponsored FDs and the lineage that subsequently develops from sponsored FDs make up your Enrollment Team.
To be Active, your Biz Center must be current. To be Qualified, you must be Active with at least 3 Active Qualification Points.
You must be Active and Qualified to receive commissions. You have 30 days to redeem your status to avoid losing accrued commissions.
Personally sponsored FDs and FDs “placed” by you or your uplines make up your Placement Team. Personally sponsored FDs may be placed within 60 days of their enrollment.
Financial Edge counts for 2 Qualification Points and the Biz Center counts for 1 Qualification Point.
Daily Pay is paid on the 4th day from when it is earned and Monthly Pay is paid on the 10th calendar day of the month.
Enrollment Team
Status
Commissions
Placement Team
Qualification Points
Payment Frequency
The information contained in this document is for educational and illustrative purposes and is not a guarantee of income. Even though the MWR Financial business opportunity is unlimited, individual results will vary depending on the Director’s skillset, work effort and commitment level.