This document outlines the incentive scheme for 2023, including monthly rupee values and focus brands, early bird incentives, new product incentives, annual incentives including an international trip, and manager incentives. It provides the criteria and formulas for earning incentives on monthly and quarterly sales achievements as well as annual targets. The terms and conditions specify eligibility requirements and penalties for underperformance or delays in payments.
Magic India Recharge is the venture of MK Multitrade private Limited. We are web based recharge portal and deals in personal care product with the concept of network marketing.
For Details: +91-7419184343
Dear All
Want to work part time or full time without any risk and investment. Here is the opportunity to excel your potential. Join Magic India Recharge and earn a potential income for life time.
Dear All
Want to work part time or full time without any risk and investment. Here is the opportunity to excel your potential. Join Magic India Recharge and earn a potential income for life time.
The document discusses the revised Branch Score Card (BSC) used to evaluate branch performance. Key points:
- The BSC is weighted across business parameters like gold loans (44%), NH loans (16%), profitability (20%), and third party products (10%).
- Gold loan parameters include pledge count, incremental AUM, interest collection, active customers, and new customer acquisition.
- Digital adoption is newly introduced at 10% weightage, measured by 24x7 and digital repayment adoption.
- NH loans focus on reducing delinquencies in 30-89 and 90+ day buckets.
- Third party products include metrics for products like MTSS, forex, and health insurance.
LOYALTY PROGRAM RUNNING IN MARKET OF RIVALS (2)arti poddar
The proposed policy offers a tiered loyalty program with Silver, Gold, and Platinum levels. Members earn points on all purchases based on their tier, with points worth 1% of purchase value. Points do not expire for 12 months and can be redeemed on future purchases for discounts. The policy aims to reward frequent and high-value customers.
Dear All
Want to earn extraaaaa...... join Magic India Recharge seven Ways of Income Work Part Time or Full Time No Investment No Risk No Binary Required No Capping Required. For details Coantact: +91-7419184343 or Visit: www.magicindiarecharge.com
Dear All
Every body want to successful in his life. But only 20% people become successful as per the Survey report. Here is the opportunity to change your life style and your dreams into reality. Join Magic India Recharge and earn a potential income for life time. work part time full time.
Dear All
Want to earn extraaaaa...... join Magic India Recharge seven Ways of Income Work Part Time or Full Time No Investment No Risk No Binary Required No Capping Required. For details Coantact: +91-7419184343 or Visit: www.magicindiarecharge.com
Magic India Recharge is the venture of MK Multitrade private Limited. We are web based recharge portal and deals in personal care product with the concept of network marketing.
For Details: +91-7419184343
Dear All
Want to work part time or full time without any risk and investment. Here is the opportunity to excel your potential. Join Magic India Recharge and earn a potential income for life time.
Dear All
Want to work part time or full time without any risk and investment. Here is the opportunity to excel your potential. Join Magic India Recharge and earn a potential income for life time.
The document discusses the revised Branch Score Card (BSC) used to evaluate branch performance. Key points:
- The BSC is weighted across business parameters like gold loans (44%), NH loans (16%), profitability (20%), and third party products (10%).
- Gold loan parameters include pledge count, incremental AUM, interest collection, active customers, and new customer acquisition.
- Digital adoption is newly introduced at 10% weightage, measured by 24x7 and digital repayment adoption.
- NH loans focus on reducing delinquencies in 30-89 and 90+ day buckets.
- Third party products include metrics for products like MTSS, forex, and health insurance.
LOYALTY PROGRAM RUNNING IN MARKET OF RIVALS (2)arti poddar
The proposed policy offers a tiered loyalty program with Silver, Gold, and Platinum levels. Members earn points on all purchases based on their tier, with points worth 1% of purchase value. Points do not expire for 12 months and can be redeemed on future purchases for discounts. The policy aims to reward frequent and high-value customers.
Dear All
Want to earn extraaaaa...... join Magic India Recharge seven Ways of Income Work Part Time or Full Time No Investment No Risk No Binary Required No Capping Required. For details Coantact: +91-7419184343 or Visit: www.magicindiarecharge.com
Dear All
Every body want to successful in his life. But only 20% people become successful as per the Survey report. Here is the opportunity to change your life style and your dreams into reality. Join Magic India Recharge and earn a potential income for life time. work part time full time.
Dear All
Want to earn extraaaaa...... join Magic India Recharge seven Ways of Income Work Part Time or Full Time No Investment No Risk No Binary Required No Capping Required. For details Coantact: +91-7419184343 or Visit: www.magicindiarecharge.com
There are 7 types of income or benefits available through Magic India Recharge, including sponsoring income, recharge income, retail profit, personal purchase income, repurchase income, royalty income, and rewards income. Starter, premium, and ultimate kits are available for 1, 2, or 3 year packages that provide talk time and business/consumer products. Sponsoring income is calculated based on points earned from introducing new members. Recharge income is earned from a percentage of members' monthly mobile or DTH recharges. Other incomes include retail discounts, bonuses on personal purchases, commissions from repurchases and group sales volumes, and securing one's financial future without selling products.
DXN is a big company in Malaysia and you can work with this company in all world and in all languages.
For become partner you have to buy a ” Basic Kit” at 20 Euro.
Yes, Just with 20 Euro, you become a PARTNER and you can sell all products and you can use the products with discount. The membership is for all life.
No anymore fee.
No obligation to consume the products.
You will get a website in all languages (FREE)
All people drink a coffee every day and with DXN you can drink coffee with Ganoderma that is a mushroom with many property for the healthy. And there is some product DXN ALOE as well.
JOIN TODAY
www.dxnbusiness.org
http://revolutionbusiness.dxnnet.com/member_registration_private
SBI Magnum Global Fund: An Open Ended Growth Scheme - Jan 2016SBI Mutual Fund
SBI Magnum Global Fund is an open ended equity scheme and is best suited for investors who are looking for long term investment. This fund makes Investments in Indian equities, PCDs and FCDs from selected industries with high growth potential to provide investors maximum growth opportunity. To know more about the fund check our website page https://www.sbimf.com/Products/EquitySchemes/Magnum_Global_Fund.aspx
Fortune Hi-Tech Marketing is a relationship marketing company that provides tools to improve health and increase wealth. It offers products and services from reputable companies. Representatives can earn money by gathering loyal customers and introducing the business to others, without inventory, employees, territories, telemarketing, door-to-door sales, experience, boss, or set hours. Representatives have the potential to earn bonuses and commissions through multiple levels of their business and customer base.
SBI Magnum Global Fund: An Open Ended Growth Scheme - Dec 2015SBI Mutual Fund
This document provides an overview of the Magnum Global Fund portfolio, including:
1) The fund has a bottom-up stock selection process focused on mid-cap Indian equities, PCDs, and FCDs from industries with high growth potential.
2) The portfolio is skewed towards mid-caps for alpha potential and includes large-cap holdings to hedge against falling markets.
3) Top holdings include companies like Solar Industries, Procter & Gamble Hygiene, and Britannia Industries and are from sectors like industrial manufacturing and consumer goods.
4) The fund has outperformed its benchmark S&P BSE Midcap Index over the past year, providing long-term capital appreciation
GPM Life offers several incentive programs to reward agents for production and performance:
1) The Quick Start program rewards new agents who earn $6,000 in net production within their first 6 months with $200 and a logo polo shirt.
2) The Persona Rewards program provides monthly cash rewards on an agent's prepaid Visa based on net production amounts, with higher rewards for preferred agents earning over $30,000 annually.
3) The Preferred Agent Bonus program provides annual bonuses starting at $650 for earning $30,000 in net production and meeting quality standards, with bonuses increasing significantly for higher production agents. Top producers may qualify for the President's Club with additional rewards.
This is the 7th in the 8th session course on Entrepreneurship for working executives and this provides an overview of the different methods of valuing a company with emphasis on the DCF method. A couple of examples of how startups in India have increased their valuation have also been included based upon publicly gleaned information
The document provides details on exit load structures and trail commission rates for various mutual fund schemes offered by Edelweiss Asset Management Company for the quarter beginning April 1st, 2022. Most equity funds have an exit load of 1% if redeemed within 12 months. Trail commission rates for year 1 range from 0.5% to 1.75% depending on the scheme. An additional incentive of 1.75% is offered for sales in B30 cities for many equity schemes. Hybrid funds also have exit loads and trail commissions specified.
- The document discusses Fortune Hi-Tech Marketing, a network marketing company that provides products and services from reputable companies and allows individuals to build their own businesses by gathering customers and introducing others to do the same.
- It provides details on the company's history and leadership, compensation structure including bonuses and qualifications, and how representatives can get started by becoming a manager or trainer coach.
- Representatives earn money based on a percentage of customer bills and can build an organization with unlimited levels to achieve significant monthly residual income.
Idea Cellular Ltd. Q2 FY16 Result First Cut choice broking
Idea Cellular reported quarterly results that were largely in line with estimates. Consolidated net sales were 1.7% higher than expected at Rs. 86,765.8 million, driven by higher value-added services revenue. Consolidated EBITDA of Rs. 30,526.3 million and reported PAT of Rs. 7,873.3 million also met estimates. However, key operating metrics like voice revenue, minutes of usage, and data ARPU declined sequentially, leading to a 5.3% quarter-on-quarter drop in EBITDA and 13.1% fall in reported PAT. The brokerage maintains a "Buy" rating on Idea Cellular.
The document provides guidance on building a financial model to present to investors. It emphasizes that the financial model is the real business plan as it shows revenues, profits, cash needs, hiring plans, runway, and sensitivity analysis. The model should be built to answer questions about the viability, profitability, scalability, and sensitivity of assumptions for the business. The document outlines the key components of a financial model including income statements, balance sheets, cash flow statements, assumptions, and timelines. It provides examples of building out the revenue model with sales projections, the income statement template, headcount and salary projections, and non-salary expenses.
From Good to Great: How to Ace Your Marketplace FundraiseBattery Ventures
At the Marketplace Conference Online December 2020, Battery Ventures' Justin Da Rosa teamed up with Speedinvest's Philip Specht on the core marketplace metrics investors evaluate during the fundraising process from seed to growth.
This document summarizes an MLM compensation plan. It outlines three product packages (Personal, Executive, Professional) requiring different minimum CV purchases and qualifications. It describes various bonuses and commissions including fast start bonuses, executive bonuses, rank pool bonuses, and team volume commissions. It also covers qualifications and requirements to achieve different ranks like director, diamond, and qualifications to receive bonuses and perks like luxury car bonuses and travel allowances.
This document summarizes an MLM compensation plan, including various membership levels, qualifications for commissions and bonuses, and other plan details. The Personal Pack requires 210 CV for one business center, the Executive Pack requires 665 CV for three business centers, and the Professional Pack requires 3,000 CV and provides a 30% discount. The document outlines the requirements to qualify for different ranks and bonuses such as the luxury car bonus, expense account, and travel award. It also defines key terms related to the compensation plan.
Sage Advisers Superannuation Update August 2013Sage Advisers
This document provides an overview and summary of recent superannuation updates and policy changes:
1) The government announced changes in 2013 to tax the earnings of superannuation assets supporting income streams over $100,000 at 15% from July 2014.
2) The current superannuation system allows tax-free superannuation for those over 60, limits on contributions, and flexible pension payment rules.
3) A "transition to retirement" strategy was presented, using a non-commutable allocated pension to boost superannuation for retirement while maintaining current income through salary sacrificing and pension payments.
- The document discusses Fortune Hi-Tech Marketing, a network marketing company that provides products and services from reputable companies. Representatives can earn money by gathering loyal customers and introducing others to become representatives.
- Representatives have their own business with no inventory, employees, territories, telemarketing, or door-to-door sales required. They can earn money through commissions from customer purchases and by building a team of other representatives.
- To get started, one fills out an application and pays an initial fee ranging from $75-299 depending on the level. Then they are trained and work to gather customers and introduce others to the opportunity.
The document provides information from the State Bank of India newsletter for October 2016. It includes messages from the Regional Manager and DGM welcoming the new e-magazine initiative. It lists updates on SBI's Global Ed-Vantage education loan program, technology updates, NRI interest rates, and the appointment of a new CGM. It also advertises SBI home loans, car loans, life insurance plans and contact information for the NRI Kochi branch team.
If you have more month at the end of the money...if your "get up and go" job "got up and went"...if retirement to you is fantasy and not a reality...if your student loan is not getting paid on McDonalds wages. Boy do I have a plan for you!!!
This document provides a business plan for a new company. It includes an executive summary, one-page business proposal, business overview, feasibility analysis, and action plan. The business overview describes the company goals, organization, products/services, target market, competition, and financial projections. The feasibility analysis includes 5-year financial forecasts, assumptions, and ratio analysis. The action plan outlines key steps to register the business and achieve objectives.
There are 7 types of income or benefits available through Magic India Recharge, including sponsoring income, recharge income, retail profit, personal purchase income, repurchase income, royalty income, and rewards income. Starter, premium, and ultimate kits are available for 1, 2, or 3 year packages that provide talk time and business/consumer products. Sponsoring income is calculated based on points earned from introducing new members. Recharge income is earned from a percentage of members' monthly mobile or DTH recharges. Other incomes include retail discounts, bonuses on personal purchases, commissions from repurchases and group sales volumes, and securing one's financial future without selling products.
DXN is a big company in Malaysia and you can work with this company in all world and in all languages.
For become partner you have to buy a ” Basic Kit” at 20 Euro.
Yes, Just with 20 Euro, you become a PARTNER and you can sell all products and you can use the products with discount. The membership is for all life.
No anymore fee.
No obligation to consume the products.
You will get a website in all languages (FREE)
All people drink a coffee every day and with DXN you can drink coffee with Ganoderma that is a mushroom with many property for the healthy. And there is some product DXN ALOE as well.
JOIN TODAY
www.dxnbusiness.org
http://revolutionbusiness.dxnnet.com/member_registration_private
SBI Magnum Global Fund: An Open Ended Growth Scheme - Jan 2016SBI Mutual Fund
SBI Magnum Global Fund is an open ended equity scheme and is best suited for investors who are looking for long term investment. This fund makes Investments in Indian equities, PCDs and FCDs from selected industries with high growth potential to provide investors maximum growth opportunity. To know more about the fund check our website page https://www.sbimf.com/Products/EquitySchemes/Magnum_Global_Fund.aspx
Fortune Hi-Tech Marketing is a relationship marketing company that provides tools to improve health and increase wealth. It offers products and services from reputable companies. Representatives can earn money by gathering loyal customers and introducing the business to others, without inventory, employees, territories, telemarketing, door-to-door sales, experience, boss, or set hours. Representatives have the potential to earn bonuses and commissions through multiple levels of their business and customer base.
SBI Magnum Global Fund: An Open Ended Growth Scheme - Dec 2015SBI Mutual Fund
This document provides an overview of the Magnum Global Fund portfolio, including:
1) The fund has a bottom-up stock selection process focused on mid-cap Indian equities, PCDs, and FCDs from industries with high growth potential.
2) The portfolio is skewed towards mid-caps for alpha potential and includes large-cap holdings to hedge against falling markets.
3) Top holdings include companies like Solar Industries, Procter & Gamble Hygiene, and Britannia Industries and are from sectors like industrial manufacturing and consumer goods.
4) The fund has outperformed its benchmark S&P BSE Midcap Index over the past year, providing long-term capital appreciation
GPM Life offers several incentive programs to reward agents for production and performance:
1) The Quick Start program rewards new agents who earn $6,000 in net production within their first 6 months with $200 and a logo polo shirt.
2) The Persona Rewards program provides monthly cash rewards on an agent's prepaid Visa based on net production amounts, with higher rewards for preferred agents earning over $30,000 annually.
3) The Preferred Agent Bonus program provides annual bonuses starting at $650 for earning $30,000 in net production and meeting quality standards, with bonuses increasing significantly for higher production agents. Top producers may qualify for the President's Club with additional rewards.
This is the 7th in the 8th session course on Entrepreneurship for working executives and this provides an overview of the different methods of valuing a company with emphasis on the DCF method. A couple of examples of how startups in India have increased their valuation have also been included based upon publicly gleaned information
The document provides details on exit load structures and trail commission rates for various mutual fund schemes offered by Edelweiss Asset Management Company for the quarter beginning April 1st, 2022. Most equity funds have an exit load of 1% if redeemed within 12 months. Trail commission rates for year 1 range from 0.5% to 1.75% depending on the scheme. An additional incentive of 1.75% is offered for sales in B30 cities for many equity schemes. Hybrid funds also have exit loads and trail commissions specified.
- The document discusses Fortune Hi-Tech Marketing, a network marketing company that provides products and services from reputable companies and allows individuals to build their own businesses by gathering customers and introducing others to do the same.
- It provides details on the company's history and leadership, compensation structure including bonuses and qualifications, and how representatives can get started by becoming a manager or trainer coach.
- Representatives earn money based on a percentage of customer bills and can build an organization with unlimited levels to achieve significant monthly residual income.
Idea Cellular Ltd. Q2 FY16 Result First Cut choice broking
Idea Cellular reported quarterly results that were largely in line with estimates. Consolidated net sales were 1.7% higher than expected at Rs. 86,765.8 million, driven by higher value-added services revenue. Consolidated EBITDA of Rs. 30,526.3 million and reported PAT of Rs. 7,873.3 million also met estimates. However, key operating metrics like voice revenue, minutes of usage, and data ARPU declined sequentially, leading to a 5.3% quarter-on-quarter drop in EBITDA and 13.1% fall in reported PAT. The brokerage maintains a "Buy" rating on Idea Cellular.
The document provides guidance on building a financial model to present to investors. It emphasizes that the financial model is the real business plan as it shows revenues, profits, cash needs, hiring plans, runway, and sensitivity analysis. The model should be built to answer questions about the viability, profitability, scalability, and sensitivity of assumptions for the business. The document outlines the key components of a financial model including income statements, balance sheets, cash flow statements, assumptions, and timelines. It provides examples of building out the revenue model with sales projections, the income statement template, headcount and salary projections, and non-salary expenses.
From Good to Great: How to Ace Your Marketplace FundraiseBattery Ventures
At the Marketplace Conference Online December 2020, Battery Ventures' Justin Da Rosa teamed up with Speedinvest's Philip Specht on the core marketplace metrics investors evaluate during the fundraising process from seed to growth.
This document summarizes an MLM compensation plan. It outlines three product packages (Personal, Executive, Professional) requiring different minimum CV purchases and qualifications. It describes various bonuses and commissions including fast start bonuses, executive bonuses, rank pool bonuses, and team volume commissions. It also covers qualifications and requirements to achieve different ranks like director, diamond, and qualifications to receive bonuses and perks like luxury car bonuses and travel allowances.
This document summarizes an MLM compensation plan, including various membership levels, qualifications for commissions and bonuses, and other plan details. The Personal Pack requires 210 CV for one business center, the Executive Pack requires 665 CV for three business centers, and the Professional Pack requires 3,000 CV and provides a 30% discount. The document outlines the requirements to qualify for different ranks and bonuses such as the luxury car bonus, expense account, and travel award. It also defines key terms related to the compensation plan.
Sage Advisers Superannuation Update August 2013Sage Advisers
This document provides an overview and summary of recent superannuation updates and policy changes:
1) The government announced changes in 2013 to tax the earnings of superannuation assets supporting income streams over $100,000 at 15% from July 2014.
2) The current superannuation system allows tax-free superannuation for those over 60, limits on contributions, and flexible pension payment rules.
3) A "transition to retirement" strategy was presented, using a non-commutable allocated pension to boost superannuation for retirement while maintaining current income through salary sacrificing and pension payments.
- The document discusses Fortune Hi-Tech Marketing, a network marketing company that provides products and services from reputable companies. Representatives can earn money by gathering loyal customers and introducing others to become representatives.
- Representatives have their own business with no inventory, employees, territories, telemarketing, or door-to-door sales required. They can earn money through commissions from customer purchases and by building a team of other representatives.
- To get started, one fills out an application and pays an initial fee ranging from $75-299 depending on the level. Then they are trained and work to gather customers and introduce others to the opportunity.
The document provides information from the State Bank of India newsletter for October 2016. It includes messages from the Regional Manager and DGM welcoming the new e-magazine initiative. It lists updates on SBI's Global Ed-Vantage education loan program, technology updates, NRI interest rates, and the appointment of a new CGM. It also advertises SBI home loans, car loans, life insurance plans and contact information for the NRI Kochi branch team.
If you have more month at the end of the money...if your "get up and go" job "got up and went"...if retirement to you is fantasy and not a reality...if your student loan is not getting paid on McDonalds wages. Boy do I have a plan for you!!!
This document provides a business plan for a new company. It includes an executive summary, one-page business proposal, business overview, feasibility analysis, and action plan. The business overview describes the company goals, organization, products/services, target market, competition, and financial projections. The feasibility analysis includes 5-year financial forecasts, assumptions, and ratio analysis. The action plan outlines key steps to register the business and achieve objectives.
The document discusses India's surgical strike against terrorist camps in Pakistan-occupied Kashmir in September 2016 in response to an attack in Uri that killed 19 Indian soldiers. It provides details on what a surgical strike is, statements from the Prime Minister and Defence Minister supporting the strikes, and how the strikes were carried out by Indian Army troops targeting terrorist launch pads across the border.
India has a powerful air force and is constantly researching and developing new technologies for its air force and rockets. The document then lists several Air Force Training Institutions located in India, including the Initial Training Wing in Coimbatore formed in 1946, the Elementary Flying Training School in Jodhpur formed in 1942, the Advanced Flying Training School in Ambala formed in 1941, and two Ground Training Schools formed in 1947.
This document provides a template and outline for an Air Force program review briefing. The template includes sections for a bottom line up front, program description, concept of operations, requirements, affordability, schedule, funding, risks, and recommendations. It emphasizes key information to include in each section, such as decisions being requested of leadership, outstanding issues, cost and schedule drivers, and risk mitigation activities. The template is intended to guide briefers in concisely summarizing essential information about the program under review.
This document summarizes the challenges facing the banking industry and objectives of banks. It notes that banks are investing in new technologies like blockchain to transform their business models and meet challenges from increasing competition, regulatory changes, and changing customer expectations. The document suggests that banks need to focus on improving employee competencies and motivation through training, as well as ensuring management is fully committed to implementing changes needed to achieve business objectives.
The E-Way Bill revolutionizes logistics by digitizing the documentation of goods transport, ensuring transparency, tax compliance, and streamlined processes. This mandatory, electronic system reduces delays, enhances accountability, and combats tax evasion, benefiting businesses and authorities alike. Embrace the E-Way Bill for efficient, reliable transportation operations.
Methanex is the world's largest producer and supplier of methanol. We create value through our leadership in the global production, marketing and delivery of methanol to customers. View our latest Investor Presentation for more details.
Cleades Robinson, a respected leader in Philadelphia's police force, is known for his diplomatic and tactful approach, fostering a strong community rapport.
UnityNet World Environment Day Abraham Project 2024 Press ReleaseLHelferty
June 12, 2024 UnityNet International (#UNI) World Environment Day Abraham Project 2024 Press Release from Markham / Mississauga, Ontario in the, Greater Tkaronto Bioregion, Canada in the North American Great Lakes Watersheds of North America (Turtle Island).
World economy charts case study presented by a Big 4
World economy charts case study presented by a Big 4
World economy charts case
World economy charts case study presented by a Big 4
World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4
World economy charts case study presented by a Big 4
World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4study presented by a Big 4
ZKsync airdrop of 3.6 billion ZK tokens is scheduled by ZKsync for next week.pdfSOFTTECHHUB
The world of blockchain and decentralized technologies is about to witness a groundbreaking event. ZKsync, the pioneering Ethereum Layer 2 network, has announced the highly anticipated airdrop of its native token, ZK. This move marks a significant milestone in the protocol's journey, empowering the community to take the reins and shape the future of this revolutionary ecosystem.
5. #play2win
Win back on 14th on achieving 40%
Anyone achieves 40% on 14th in-spite missing 10%
on 7th will get 3000
Month’s target achievement to be 100% and
subsequent month 90%
Early Bird- Win back
Early Bird
7th 14th 21st 28th ( N-2)
Maximum
earning
10% 40% 60% 100%
1500 2000 3000 3500 10000
6. #play2win
Month’s target ( Over all) achievement to be
100% .
NPD sales achievement to be calculated on
Quarterly basis
Average calculation of 2022 will be based on
available months post launch
Example ( of 2022): Brand X launched in Oct and sales in Oct- 20K/Nov-0K. Dec-10K= Hence YPM 2022 is 10 K ( 30/3).
This YPM will be considered for calculation of 2023 hence in Q1 total base becomes 30 K. Any FO achieves 55 K ( 30+25)
Will be eligible for 2500/ in case of 65 K ( 30+35) will be 3500 and 80 K ( 30+50) will get 7500 per QTR.
Example ( of 2023): Brand Y launched in the month of June ( QTR2) hence QTR sales achievement should be as per the slab
mentioned. Please note the value will remain same for the QTR irrespective of launch month of the NPD.
New products- ‘ 22 & ‘ 23
NPD Incentive ( Launched in 2022/23)
Incremental sales on average
sale of 2022
Actual primary sales of 2023
>25K >35K >50K >25K >35K >50K
2500 3500 7500 2500 3500 7500
8. #play2win
International trip criteria for FO :
Single person: 110% Achievement of Annual target & minimum 90% of
following QTR ’24. Incremental 5 Lakh over annual Target.
With Spouse: 110% Achievement of Annual target & minimum 90% of
following QTR ’24. Incremental 7.5 Lakh over annual Target.
Eligibility for International trip incentive is 7 months tenure in organization
Annual- International trip
9. #play2win
• Monthly Rupee value: 100% achievement for the month and 90% achievement of the subsequent month
• Focus brands achievement : ( Focused brands as per the approved list). Minimum 100% achievement of overall
target for the month along with 100% of focus brand’s target with each brand 80% and more primary achievement,
90% of over all target and 90% of focus brands for the subsequent month. No changes of brands will be entertained
during the year.
• Quarterly win back (Rupee & Focus Brand): On achieving quarterly 100% with minimum 2 month’s 100% & 90%
achievement of the subsequent month, FO can win back the balance amount.
( Only base amount of 100% of the missing month).
• NPD: The incentive calculations will be based on the proposal made in the circular. 100% to quarterly Rupee value
target . NPD will be calculated based on quarterly sales achievement. Over all Rupee value achievement of 90% for
the subsequent month.
• Annual Incentive : 1.25%/ 1.35%/ 1.50% of Annual Sales of 2023 as per the Annual Incentive Slide.
• 100% of Annual Target & Min 90% in Q1 2024.
• Eligibility as per Terms & Conditions of Incentive Scheme 2023.
Basic clauses of incentives.
10. #play2win
FO/ABM/SM/SH can start achieving & accruing incentives right from first month of joining.
• Incentive will be paid to all FO/ABM/SM/SH on achieving target as per Incentive Criteria laid down for Rupee Value /Focus Brands /Quarterly
/NPD/New NPD /Annual /International Trip.
• Incentive disbursement will take place (with retrospective effect, from month of joining or 1st Jan 2023, whichever is later) only on fulfilling all of
the following conditions.
• Probation Period - 50% Incentive can be released during Probation Period and Balance Incentive can be released at the time of Confirmation.
• Employee should be on the payroll of the company at the time of disbursement.
• Employee joining after 15th of the month, will not be entitled for incentive for that month.
• For any Rewards/Awards Management decision will be Final.
• Short Supply would not be considered as Sales.
• All C/N would be deducted TWICE the actual amount for the current month & One time for next month.
• Any Invoice wrongly Billed & for which the C/N has been created due to the mistake of C&S should be informed to HO with copy of Order, Invoice
& C/N will be considered for one time deduction for all the details received before disbursement of the Incentive.
• All employee will qualify for all types of incentives only if he/she is on monthly positive growth over same month previous year ( Except the
month Jan 2023 including the coverage clause)
• Incentive parameters & earning will be calculated on Budgeted Manpower Strength only.
• At the time of disbursement of incentive , there should NOT be any OVERDUE with respect to that particular period of billing ;
• Any dispute of the incentive should be reported within 90 days of declaration, otherwise will not be considered.
• The incentive scheme is announced by the company at its discretion and may be withdrawn or altered at any time. The decision of company shall
be final in case of any dispute.
• Achievement in all cases will be rounded down. For eg 99.51%-99.99% will be rounded up will be considered as 99% and not 100%
• Individual email will be go to all concerned employees regarding Terms & Conditions & Incentive disbursement.
Some of the negative GC brands will not be considered while calculating YPM achievement for incentive purpose ( Division wise list will be shared )
Terms & conditions
11. #play2win
Penalty Clause on Efforts & Overdue
MCR Coverage & Aatmnirbhar Customer Coverage “
If overall coverage is less than 85% and Truly Aatmanirbhar Overall Dr coverage is less than 85%
for the month then 15% Incentive will deducted from the total eligible incentive for the Month.
Payment Penalty Clause Beyond 90 Days (Except Legal Over Due Out Standing )-
Payment Penalty Clause on Delay Payments to be made applicable from 2023 :-
Payments Collected > 90 Days : 15% Incentive Deduction
Penalty clause
12. FB & NP ( ‘22-’23)
Focus Brands and NPD for Field Force - of 2023
Magfam
Division Focus Brands NPD NPD(New)
Aciloc 300, Aciloc
RD,Aciloc Only,LMX
Oral (Tab &
Suspension) , Esiloc
(20/40)
Thrabis, Esiloc IV,
Esiloc Fast
Esiloc D , ACI GUT (PROBIOTECH) ,
Aciloc MPS,Nutridac Syrup ,
Asiloc Insta , Asizyme