| |
GI is a flat amount paid on individual branch volume
according to GV level achieved (other than qualifying branch(es))
To qualify for GI, you need to have either:
| a. |
One branch with minimum of
15,000 GV, OR
|
| b. |
Smaller branches (including
your personal branch) whose GV can be combined to achieve
a minimum of 15,000 GV
|
If you meet the GI qualification, you will then receive
GI for every other branch that reaches a certain GV level according
to the table below:
| Branch
GV |
GI
(RM) |
15,000
25,000
35,000
45,000
60,000
75,000
100,000
150,000 |
RM
300
RM 400
RM 500
RM 600
RM 800
RM 1,000
RM 1,200
RM 1,400 |
|
| Branch
GV |
GI
(RM) |
200,000
300,000
400,000
550,000
700,000
850,000
1,000,000 and above
|
RM
1,600
RM 1,800
RM 2,000
RM 2,250
RM 2,500
RM 2,750
RM 3,000 |
|
|
EXAMPLE: Qualification
for Gold Incentive (GI)
|
| Your
Group |
GV |
GI |
| You
50 QV |
100 |
GV from A =
Qualification for GI
RM 400 |
A
B |
15,000
25,000 |
| TOTAL |
|
RM
400 |
| Your
Group |
GV |
GI |
| You
50 QV |
100 |
GV from You + A + B = Qualification for
GI
|
A
B
C
D |
4,900
10,000
15,000
25,000 |
| TOTAL |
|
RM
700 |
|
|
|
Leadership
Development Bonus (LDB)
|
LDB is a flat amount paid on individual branch volume
according to SV level achieved
The LDB is the ultimate reward for your leadership, effort and dedication
in developing your Cosway business. To qualify for LDB, you need to
have at least 3 branches with a minimum of 15,000 SV each.
(You are not allowed to combine branches to come up with the 15,000
SV minimum.)
If you meet the qualification, you will receive LDB for each
branch which has a minimum of 15,000 SV according to the table below:
| Branch
SV |
LDB
(RM) |
15,000
25,000
50,000
100,000
150,000
200,000
300,000
400,000
500,000 |
250
500
750
1,000
1,500
2,000
2,500
3,000
3,500 |
|
| Branch
SV |
LDB
(RM) |
600,000
700,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
1,800,00
2,000,000 and above
|
4,000
4,500
5,000
5,500
6,000
6,500
7,000
7,500
8,000 |
|
|
EXAMPLE: How to calculate
Leadership Development Bonus (LDB)
|
| Your
Network |
SV |
LDB |
| You
50 QV |
50 |
-
RM 250
RM 750
RM 6,000
RM 8,000 |
A
B
C
D
|
15,000
50,000
1,200,000
2,000,000 |
|
TOTAL |
RM
15,000 |
Using the same example:
If Branches A, B & C grow to the same level as Branch D i.e. reaching
2,000,000 SV per branch, each of those branches will give you LDB
of RM8,000.
This means that you will earn a total of RM8,000 x 4 = RM32,000 just
from your LDB!
There is no limit to the number and size of branches you can build,
and therefore no limit to the LDB that you can earn!
|
BONUS
STATEMENT & PAYMENT
|
|
Every member who has made personal
sales will be mailed a monthly Bonus Statement that indicates
any corresponding bonuses achieved from the sales for the
month. You will receive your first Bonus Statement 1 ½
months after you signed up as a member. For example, if you
signed up in January, you will receive your January Bonus
Statement in mid-March, and your February Bonus Statement
in mid-April, and so forth.
If you have a bonus amount of less
than RM 100, you will be sent a Payment Slip (as part of your
Bonus Statement) and you can use this Payment Slip to redeem
your bonus in cash at any sales centre. If you achieve a bonus
amount of RM 100 or higher, you will be issued a cheque, which
will be sent together with your Bonus Statement. When your
monthly bonus amount exceeds RM 300, you are advised to open
an account with Maybank Bhd and inform COSWAY Headquarters
of your bank account details to enable your bonus to be remitted
directly to your bank account each month.
|
|
|
|
|
