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COMPENSATION PLAN TEST You need a copy of the Compensation Plan Brochure and a calculator for this test.

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Presentation on theme: "COMPENSATION PLAN TEST You need a copy of the Compensation Plan Brochure and a calculator for this test."— Presentation transcript:

1 COMPENSATION PLAN TEST You need a copy of the Compensation Plan Brochure and a calculator for this test.

2 How much will a customer pay for this item?

3 N5200

4 How much will the Stylist pay for this item?

5 N4160

6 If a customer purchases the following item from a Stylist’s e-boutique, how much Retail Profit will the Stylist earn?

7 3500 – 2800 = N700 / 3500 x 20% = N700

8 If a Stylist, or her customer, purchases the following items, how much PBV will the Stylist earn from this purchase?

9 1560 + 1140 = 2700

10 If a Basic Stylist purchases the following item, how much Retail Profit will her Premium Stylist Sponsor earn?

11 3500 x 15% = N525

12 What Level are the following Stylists, and what Retail Commission % will they earn? (Be sure to notice if they are Premium or Basic) Premium Stylist with a Cumulative/Lifetime PBV of 221,000. Premium Stylist with a Cumulative/Lifetime PBV of 55,000. Basic Stylist with a Cumulative/Lifetime PBV of 225,000.

13 Level 2 10% Level 2 7% No Level 0%

14 How much Retail Commission will a Level 3 active Premium Stylist earn if she, or one of her customers, purchase the following item?

15 2820 x 15% = N423

16 How much Retail Commission will a Level 4 active Premium Stylist earn if she, or one of her customers, purchase the following item?

17 3000 x 17% = N510

18 What is Sarah’s Group Business Value (GBV) based on the PBV’s of her Downline?

19 30,000 + 10,000 + 10,000 +100,000 + 80,000 + 20,000 + 40,000 = 290,000

20 What is Annie’s Group Business Value (GBV) based on the PBV’s of her Downline?

21 10,000 + 100,000 + 80,000 + 40,000 = 230,000

22 How many Stylists does Sarah have in her 1 st Generation?

23 2 Stylists

24 What are the Ranks of the following Stylists, and what Team Sales Commission % have they each reached? Premium Stylist with a Cumulative/Lifetime GBV of 2,550,550. Premium Stylist with a Cumulative/Lifetime GBV of 198,050. Premium Stylist with a Cumulative/Lifetime GBV of 1,500,500

25 No Rank 0% 5 Star 13% 7 Star 17%

26 Below is Fathima, and all of her 1 st Generation Stylists. Calculate the Team Sales Commission Fathima will earn from each Stylist based on their Rank and their GBV for the month. FATHIMA 7 STAR 4 STAR 2 STAR NO RANK7 STAR6 STAR 200,000 GBV 290,000 GBV 27,000 GBV 440,000 GBV 8000 GBV

27 FATHIMA 7 STAR 4 STAR 2 STARNO RANK7 STAR 6 STAR 200,000 GBV 290,000 GBV 27,000 GBV 440,000 GBV 8000 GBV 17% - 11% = 6% 200,000 X 6% = N12,000 17% - 0% = 17% 8000 X 17% = N1360 17% - 7% = 10% 27,000 = N2700 17% - 15% = 2% 290,000 X 2% = N5,800 17% - 71% = 0% 440,000 X 0% = NONE

28 What monthly PBV will Fathima have to reach in order to be eligible to earn Leadership Commission? FATHIMA 7 STAR

29 40,000 FATHIMA 7 STAR

30 How much Leadership Commission will Fathima earn from Lily based on her GBV for that month? FATHIMA 7 STAR 440,000 GBV LILY

31 440,000 x 4% = N17,600 FATHIMA 7 STAR 440,000 GBV LILY

32 What monthly PBV will Fathima have to reach in order to be eligible to earn Status Commission? FATHIMA 7 STAR

33 60,000 FATHIMA 7 STAR

34 If Ade has five 7 Star Stylists in her 1 st Generation, what % Status Commission will she earn on all of her 7 stars? 7 STAR ADE

35 2% 7 STAR ADE

36 7 STAR ADE 330,000 140,000 200,000 550,000 225,000 Calculate the Status Commission Ade will earn from all of her 1 st Generation 7 Star Stylists based on their monthly GBV.

37 7 STAR ADE 330,000 140,000 200,000 550,000 225,000 330,000 x 2% = N6600 140,000 x 2% = N2800 200,000 x 2% = N4000 225,000 x 2% = N5000 550,000 x 2% = N11,000


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