More Related Content
Similar to QS2 Compensation Plan (20)
QS2 Compensation Plan
- 1. COMPENSATION PLAN
Promotion Standards
Direct
Recruits
Total Team
Recruits
90 Days
Q-Base
BV/AV Points
5 Field
Training
Sales
-
-
MD
52.5%
-
3
9
10K
SMD
55.0%
-
4
12
15K
NMD
57.5%
-
5
15
20K
SVP
60.0%
4
-
-
30K
EFC
62.5%
6
-
-
40K
VC
65.0%
8
-
-
50K
Associate
Marketing Director
Senior Marketing Director
National Marketing Director
Senior Vice President
Executive Field Chairman
Vice Chairman
Generation Overrides
AND
-
-
25K
-
50K
AND
50.0%
100K
150K
AND
A
90 Days
12 Mo.
Q-Base 10 Gen Q-Base 10 Gen
BV/AV Points
BV/AV Points
OR
Direct
NMDs
OR
Level %
300K
500K
300K
450K
OR
Promotion Level
900K
1.5M
Compensation (including all Fees, Commission & Overrides) is based on the QS2
Associate Compensation Pool amount paid on each product or service.
1st Gen. NMD & Up
8%
2nd Gen. NMD & Up
6%
3rd Gen. NMD & Up
4%
4th Gen. NMD & Up
4%
5th Gen. NMD & Up
3%
6th Gen. NMD & Up
3%
7th Gen. NMD & Up
3%
To qualify for any insurance company based compensation you must have a valid
insurance license for the specific type of compensation to be received, such as a
life insurance license to receive life insurance compensation and a P & C license
to receive P & C compensation. You must also have valid, acceptable, and
approved E & O insurance. To receive compensation for direct business you write
as the agent you must be appointed with the Product Provider and licensed in the
state the business is submitted in. To qualify for compensation from any non-licensed products you must be signed up with the Product Provider.
8th Gen. NMD & Up
3%
Compensation plan is subject to change without notice
9th Gen. NMD & Up
3%
NMD level and higher are considered Executive Level Associates.
10th Gen. NMD & Up
3%
TOTAL
Business Value (BV) Points are earned on production and recruiting. For every $1
of compensation earned, 1 BV point is given. Adjusted Value (AV) means that no
more than 1/3 of your BV can come from any one leg.
40%
© Quantum Success Strategies, LLC, 2012 All Rights Reserved