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SIP FY 2008. ENHANCED. New Achiever Bonus. NEW. Leadership Growth Bonus. ALS Bonus Points. Emerald ALS Program. Emerald Growth Program. Executive Diamond Excellence Award. SQ Bonus. 2008 SIP Program. Rewarding Growth & Consistency. P. P. P. P. P. 1. SQ Bonus. QUALIFICATION.
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SIP FY 2008
ENHANCED New Achiever Bonus NEW Leadership Growth Bonus ALS Bonus Points Emerald ALS Program Emerald Growth Program Executive Diamond Excellence Award SQ Bonus 2008 SIP Program Rewarding Growth & Consistency P P P P P
1. SQ Bonus QUALIFICATION • Payment on SQ6, SQ9 and SQ12 or SQ12 VE • Another payment if SQ Volume exceeds 200,000 PV • Minimum 15% for non SQ months • Payment at the end of fiscal year
What is? • New 21% Leg • 1st to 6th month new Platinum DD qualification. Will not count beginning 7th month • SQ month • 12,500 PV Include pass-up of non 21% volume from SP and GP. Exclude pass-up from Platinum DD, or • 5,000 PV + ONE new 21% leg, or • TWO new 21% legs SQ Volume # Is Personal Group volume that includes all SP, GP and new Platinum (up to the 6th month) SQ12VE Is SQ10 or SQ11, with 180,000 SQ Volume # Additional payment only upon meeting SQ6, SQ9 & SQ12 exceeding 200,000 SQ volume.
1. SQ Bonus BONUS PAYMENT
2. New Achiever Bonus Celebrating new Achievers’ Success!! • For 1st time Move-Uppers • beginning from Sapphire • New Levels are not retroactive • must exceed previous highest qualification level • Emerald Bonus Recipients • for new Emerald and Founders Emerald (3 domestic legs) • Diamond Bonus Recipients • for new Diamond and above (6 domestic legs)
2. New Achiever Bonus Example 1 FY 2007 Platinum DD FY 2008 Sapphire DD RM 6,000 Founders Sapphire DD + RM 8,000 Emerald DD + RM 11,000 RM 25,000
2. New Achiever Bonus Example 2 FY 2007 Emerald DD FY 2008 Founders Sapphire DD N/A Founders Emerald DD + RM 14,000 Diamond DD + RM 17,000 RM 31,000
3.Leadership Growth Bonus QUALIFICATION • Reward on growth of at least 1,000 ALS points • Base for comparison is 5,000 ALS pts or FY07 Total ALS pts, whichever is higher • Will not include any ALS Bonus points for computation
3.Leadership Growth Bonus BONUS PAYMENT Payment for each Growth ALS Points EXAMPLE 15,000 PV for 12 months. ALS points = 9,450. Base = 5,000 Growth in ALS pts = 9,450 – 5,000 = 4,450 Leadership Growth Bonus = 4,450 x RM2.00 = RM8,900
4. 1,000 ALS Bonus Points QUALIFICATION • All Platinum DDs and above with Q12 or Q12 VE will be awarded 1,000 ALS bonus points to qualify towards Osaka ALS 2008 Q12 VE = Q10 or Q11 with 180,000 PV (including volume from all downlines) • Bonus points will not be added for computation of Leadership Growth Bonus
5.Emerald ALS Programme QUALIFICATION • For re-qualified and new Emeralds • Alternative method to qualify for FY08 ALS
5.Emerald ALS Programme QUALIFICATION NOTE EALS Timer: count from FY00 Personal Volume: Not include any pass-up at all No. of Q months: Total no. of Q months from domestic and International 21% groups. Groups with less than 6Q can be added.
6. Emerald Growth Programme QUALIFICATION • For re-qualified Emeralds, new Emeralds and new Diamonds for the year. • To qualify, the total no. of Q months from 21% groups in FY08 must not be less than FY07’s total.
6. Emerald Growth Programme BONUS PAYMENT FOR TOTAL Q:RM200 / B$100 / S$155 for each Q month FOR GROWTH Q: EXAMPLE • FY07 = 2 legs with 7Q, FY08 = 3 legs with 12Q • Total Q = 36Q, Growth Q = 36Q – 14Q = 22Q Emerald Growth Program = (36Q x RM200) + (22Q x RM1,000) = RM29,200
7. Executive Diamond Excellence Award QUALIFICATION BONUS SCHEDULE • For 1st time new Executive Diamond Directs with 36 domestic Q months • For re-qualified Executive Diamond Directs and above with min. 6 domestic legs
Go Diamond Go ALS RM306,000 Cash bonuses RM79,000 Cash bonuses Go Emerald 23,000 87,186 63,000 39,375 93,750 RM306,311 SQ Bonus Leadership Growth Bonus Emerald Growth Program 21% Performance Bonus 4% Leadership Bonus Total RM167,000 Cash bonuses SQ Bonus 23,000 Leadership Growth Bonus 8,900 21% Performance Bonus 47,250 Total RM79,150 23,000 33,593 30,600 39,375 41,250 RM167,818 SQ Bonus Leadership Growth Bonus Emerald Growth Program 21% Performance Bonus 4% Leadership Bonus Total • ++Plus, more…. • Emerald Bonus • Diamond Bonus • Diamond Plus Bonus What is Your Goal!! ? ? ? ? Global Diamond Forum EDC Anniversary Meeting
Go Emerald! • Qualify as Emerald • and maintain 12,500 PV Personal Group volume for 12 months • 3 domestic 21% groups: • 2 x 21% legs (12Q months) and • 1 x 21% leg (9Q mths + [3 x15% mths])
Go Diamond! • Qualify as Diamond • and maintain 12,500 PV Personal Group volume for 12 months • 7 domestic 21% groups: • 4 x 21% legs (12Q months) and • 3 x 21% leg (9Q mths + [3 x15% mths]) Enjoy the Diamond Lifestyle!
FY2008 Special Platinum DD Seminar 3D2N Amway Brand Experience Centre in GuangZhou, China • New Platinum DD Qualification from: Sept 2007 to August 2008 • Extended to New Platinum DDs qualifying in July & August 2007
NATIONAL LEADERSHIP CONFERENCE 2007 FY2008 Travel Seminars
Kyoto Osaka 1 2 Nara 4 Kobe 3 Amway Leadership Seminar 2008
Osaka A Vibrant City. Amway Leadership Seminar 2008
Nara The Ancient Capital of Japan Amway Leadership Seminar 2008 Todaji Temple Nara Deer Park
Kyoto Enduring Beauty. Amway Leadership Seminar 2008 Golden Pavillion Samurai Village
Amway Leadership Seminar 2008 Kobe A City Reborn… Kobe Beef
Local Working Diamond Forum 2008 Sapporo, Hokkaido Breathtaking Landscapes… Seafood Paradise
50 Years. Two Cities. A Once-In-A-Lifetime Gala Event.
Amway Global Executive Diamond 2009Grand Rapids and Ada, Michigan • Qualification period: Sept 2007 to August 2008
Amway Global Diamond Invitational 2009Las Vegas, USA • Qualification period: Sept 2007 to August 2008