Compensation - Angela Mckay
CompensationPLAN GUIDEJuly ,2015
MONAT GlobalCanada ULCis a uniquely positionedcompany of fering innovativeand creative hair careproducts that allow ourOur Compensation Plan is customer focused and consumptiondriven. We are able to do this as we offer a consumable householdproduct that almost everyone already purchases.Our VIP Customer program provides our Market Partners witha unique sales tool that creates exciting earning potential fromretail commissions on this leading edge product line. WhetherMarket Partners to capitalizeour Market Partners are signing up Retail Customers or VIPon the multibillion dollarCustomers, our Compensation plan provides extremely lucrativehair care market.earning opportunities.CANADA 1
The Compensation Plan5 waysVIP & RetailCustomers SalesTO EARNWITH MONAT15% SALESCOMMISION30% RETAIL SALESCOMMISIONSalesCommisionsUP TOAdvancementBonusesUp to 25,000 200- 600 MATCHING BONUSES40%YOUBuilder BonusPLATINUM / 3 3 400 800 1,200SILVER / 3 1 200 400 600Sponsor& Develop 120 or 150 FAST START BONUS;PLUS ONE TIME 200 FAST BUILDER BONUS7-12%4%UNILEVEL BONUS FOR MENTORING*GENERATION BONUS THROUGH 5 GENERATIONS*5%NETWORK BONUS (IN ADDITION TO LEVEL COMMISSIONS)FOR FIRST 3 MONTHS*We have created a building blockapproach to our Market Partner’sorganizational development. Withinthese building blocks are milestonesand goals that have the potentialto create substantial bonuses andincreased opportunities for ourMarket Partners as they progressthrough our system.The Platinum and Silver bonuses arepaid on the very simple “3 3” and“3 1” models respectively. We believethat it is extremely important to payour Market Partners regularly.As a Market Partner, you should berewarded quickly and frequently foryour efforts because greater earningopportunities are available whenyou yourself are excited about theproducts and have the resourcesavailable to motivate and equip yourown team with the tools they need forcontinued success. Our philosophy isone of gratitude, and we have alwaysknown that we thrive as a companyby creating opportunities and helpingour Partners succeed.Finally, in addition to very solidgenerational pay, MONAT is pleasedDARE TOSUCCEEDto have created more earning potentialthrough two Bonus Pools:1. The Founder’s Pool2. The Consistency PoolThese pools were created to inspireour leaders to both “get in early” andto maintain consistent habits on anongoing basis.We are proud of this compensationplan and are eager to see the impact itwill have on our Market Partners’ lives!*Paid on Comissionable volume CV2CANADA
Titles and QualificationsTHE MARKET PARTNERADVANCEMENT PATHSuccess and the life you’ve envisioned for yourself are now within your reach.You possess within you the passion and commitment to create your owndestiny. With MONAT, you have the means to empower and enrich your life asyou follow the Market Partner Advancement Path and successfully progressfrom Market Partner to Market Mentor, working towards ultimately earning thetitle of Executive Director.Partners: Selling and SponsoringBuilders: Building UILDER200 PV250 PV300 PV400 PV500 PV500 PV1 Active Line2 Active Lines2 Active Lines3 Active Lines(1 AMP)4 Active Lines(1 AMP & 1 LMP)4 Active Lines(2 MMP)2,400 GV4,000 GV7,000 GVYou have begunyour journey bysigning up as aMarket Partner1,200 GVMARKET PARTNERMARKET BUILDERAs a savvy and forward thinking Market Partner, you areable to look ahead and recognize this phase as a time tobuild and refine the foundational skills of your success:selling and sponsoring. You thrive on the knowledge thatyou are creating your own future, and you eagerly learnfrom your sponsor and mentors as you work towardssuccess and greater opportunities.You have the experience, understanding and drive tomove forward and share your knowledge with otherMarket Partners. You are eager and prepared tostep into the role of Market Builder. With the support ofyour upline, your enthusiasm and knowledge guides theMarket Partners in your Success Lines to discover theirown success.CANADA 3
Titles and QualificationsElements Of A Success LineMentors: Building TeamsDirectors: Developing RECTOREXECUTIVEDIRECTORSENIOREXECUTIVEDIRECTOR500 PV500 PV500 PV500 PV500 PV500 PV4 Active Lines(1 MMP & 1 MMB)4 Active Lines(2 MMB)4 Active Lines(1 MMB & 2 AMM)5 Active Lines(3 MMB & 2 MM)7,000 GV7,000 GV7,000 GV7,000 GV7,000 GV7,000 GV30,000 DV60,000 DV120,000 DV300,000 DV800,000 DV1 new 1st Gen MMBin the last 12 mos.6 Active Lines(4 MMB & 2 MMM)1 new 1st Gen MMBin the last 12 mos.8 Active Lines(6 MMB & 2 A ED)1 new 1st Gen MMBin the last 12 mos.MARKET MENTORMARKET DIRECTORYou have traveled the Advancement Path and have seenyour life transform as you continue to share the innovativeproducts and philosophy of MONAT. As a MarketMentor, you have the vision to go forward confidently andinspire the Market Builders under you as well. You havehoned your foundational skills and continue to spendtime strengthening Market Partners and others in yourSuccess Lines. Your continued success is directly relatedto helping others follow the Path to become MarketBuilders and Mentors like you.Together we are better! As you successfully mentor yourteam members, they will be motivated to build teams oftheir own. Your team will continue to follow your lead, andthey will prosper. Your role in their success is rewarded bybeing paid on the entire sales volume of those teams thatdevelop below you. Your potential is unlimited.Steps toSuccess Be Active Monthly. Become Managing Market PartnerBy Learning To Sell And Sponsor. Teach Others To Do The Same.4CANADA
Titles and QualificationsElements Of A Success LineMMB1AMP2MPMPMPMMP2ND LEVELMMPAMP3RD LEVELMPMPMP4TH LEVELMPMPMP1ST LEVELAMPMMBMP3MMP41PERSONAL GROUPYour Personal Group includes you and all Market Partnersbelow you down to, but not including, other ManagingMarket Builders or higher, and their Success Lines.2GENERATIONA Generation Begins with a Managing Market Builder orhigher anywhere below you, and includes everyone belowthem, down to but not including, the next Managing MarketBuilder or higher.3LEVELA Level is the position a Market Partner has in relationto you. The Market Partners you personally sponsor areconsidered your First Level. The Market Partners that yourFirst Level personally sponsors are your Second Level.4SUCCESS LINEA Success Line starts with a Market Partner directlybelow you (your First Level) and includes all of the MarketPartners below them. Each personally sponsored MarketPartner becomes another success line.CANADA 5
Commissions & BonusesUNILEVEL COMMISSIONSSponsoring and mentoring Market Partners below you is an important andfulfilling part of your role. When the Market Partners below you succeed, so doyou! As an Active Market Partner, you can be paid on the sales of the MarketPartners Below you, down through four levels. The percentages you are paid andthe number of levels you are paid on are based on your Paid-As Title, regardlessof the titles of the Market Partners in your Success Line. All Associate MarketMentors are paid the same Level Commissions as a Managing Market %12%12%3%5%6%7%3%5%L33%L4Group Volume BonusLevels 1 thru infinity, including your PV2%NETWORK BONUSNetwork Bonuses reward you for sponsoring and mentoring new MarketPartners. As an active Market Partner, you can receive a 5% bonus on the salesmade by your new Market Partners within your first two levels during their first3 full months. This is paid in addition to any level bonuses you may receive ontheir sales!The Network Bonus and Unilevel Commissions work hand in hand. If you arean MMP and you sponsor a new Market Partner, you will earn 15% CV on thesales made by your new team member for three full months. In addition, you’llearn 8% CV on new Market Partners in your second line who are in their firstthree months of business.GROUP VOLUME BONUSAs a Paid-As Managing Market Builder or higher, the Group VolumeBonus pays you an additional 2% on the sales of your entire Personal Group,down to the next MMB—who then becomes your first generation and triggersgeneration bonuses as you promote to AMM! This is paid in addition to theLevel Bonuses and Network Bonuses. You could be paid two or three timeson the same sales!6CANADA
Commissions & BonusesGENERATION BONUSESGeneration Bonuses reward you when Market Partners in your Success Linesadvance and develop Personal Groups of their own. You will receive GenerationalBonuses through five generations, and as you build and empower your organization,you will discover more opportunities and greater rewards. Generation Bonusesare paid in addition to all other SIONS750 3%1,000 5%1,750 7%2,500 10%G2G3G4G5*If an AMM is paid as an MMB, they will receive a 2% Generation 1 CommissionPERSONAL SALES COMMISSIONSPERSONAL SALES BONUSYou can earn 30% minimum salescommissions on Retail Customersales, 15% on VIP Customer sales, andan additional percentage on everythingyou sell when you reach at least750 Personal Volume (PV).Sharing MONAT products is simpleand rewarding. As a Market Partner,when you reach at least 750 PV, youwill earn an additional percentagebonus on all of your personal andCustomer orders during the month.As your PV increases, so does yourpercentage—up to 10%.FAST START BONUSESFAST BUILDER BONUSDuring your first full month, youreceive an additional 28% commissionon the sales of any Product Packs forthat month.During your first full month, youwill receive a one-time 200 bonuswhen you sell 3 Product Packs.*This is in addition to the Fast StartBonus.CANADA 7
Commissions & BonusesADVANCEMENT BONUSESWe want to celebrate your growth and success with you, so when you arepromoted to Managing Market Partner in your first 3 full months, you qualifyfor a 200 Advancement Bonus. Bonuses are also earned the first time youqualify for each subsequent career title.MANAGING MARKETPARTNERASSOCIATE MARKETBUILDERMARKETBUILDERMANAGING MARKETBUILDERASSOCIATE MARKETMENTOR 200advancement bonuswhen reached in thefirst 3 months 200advancement bonuswhen reached in the first4 months 250advancement bonuswhen reached in the first5 months 600advancement bonus 600advancement bonus 200 matchingadvancement bonusto sponsor 200 matchingadvancement bonusto sponsor 250 matchingadvancement bonus tosponsor 600 matchingadvancement bonus tosponsor*1 share quarterlyconsistency poolMARKETMENTORMANAGING MARKETMENTORASSOCIATE EXECUTIVEDIRECTOREXECUTIVEDIRECTORSENIOR EXECUTIVEDIRECTOR 1,200advancement bonus 3,000advancement bonus 6,000advancement bonus 12,000advancement bonus 25,000advancement bonus2 shares quarterlyconsistency pool3 shares quarterlyconsistency pool4 shares quarterlyconsistency pool5 shares quarterlyconsistency pool6 shares quarterlyconsistency poolFounders club poolFounders club poolFounders club poolFounders club poolFounders club pool*Matching advancement bonus paid to next Managing Market Builder in upline if Sponsor is not paid-as MMB.BUILDER BONUSYou can earn bonuses for buildinga balanced business each month byconsistently enrolling VIP Customersand Selling Product Packs (remember3 3). Bonuses are paid monthlywhen you meet the requirementsfor two consecutive months. Fornew Market Partners in their FastStart Period, Month 1 of the BuilderBonus qualification period includestheir first full month, and Month 2 oftheir qualification period is the monthimmediately following their Fast StartPeriod.Silver 1 and Platinum 1 are consistencybonuses that are awarded when yousell one new Product Pack and youenroll 3 new VIP customers (3 1) orwhen you sell 3 new Product Packsand you enroll 3 new VIP customers(3 3) for two consecutive months*.month thereafter when you repeatthe 3 3 or 3 1 activity. And yes!When you double your efforts for twoconsecutive months, you can doubleyour bonus! **When your personally sponsoredMP’s achieve Silver 1 or Platinum 1 inthe same month you do, you will earnan additional 400 or 800!These bonuses are paid out eachBONUS NAMEREQUIREMENTSMONTHLYBONUSBONUS NAMEREQUIREMENTSMONTHLYBONUSSILVER BONUS 1(SILVER BUILDER)ENROLL 3 NE W VIP CUSTOMERS ANDSELL 1 PRODUC T PACK FOR 2CONSECUTIVE MONTHS 200SILVERBONUS 2YOU ARE A SILVER BUILDER AND HAVE2 PERSONALLY SPONSORED SILVERBUILDERS 400SILVER BONUS 1-- DOUBLED -(SILVER BUILDER)ENROLL 6 NE W VIP CUSTOMERS ANDSELL 2 NE W PRODUC T PACKS FOR 2CONSECUTIVE MONTHS 400PLATINUMBONUS 2YOU ARE A PLATINUM BUILDER ANDHAVE 2 PERSONALLY SPONSOREDPLATINUM BUILDERS 800PLATINUM BONUS 1(PLATINUM BUILDER)ENROLL 3 NE W VIP CUSTOMERS ANDSELL 3 NEW PRODUC T PACKS FOR 2CONSECUTIVE MONTHS 400SILVER BONUS 2-- DOUBLED --AND HAVE 2 PERSONALLY SPONSOREDYOU ARE A DOUBLED SILVER BUILDERDOUBLED SILVER BUILDERS 850PLATINUM BONUS 1-- DOUBLED -(PLATINUM BUILDER)ENROLL 6 NE W VIP CUSTOMERS ANDSELL6 NE W PRODUC T PACKS FOR 2CONSECUTIVE MONTHS 800PLATINUMBONUS 2-- DOUBLED --YOU ARE A DOUBLED PLATINUM BUILDERAND HAVE 2 PERSONALLY SPONSOREDDOUBLED PLATINUM BUILDERS 1,600*New Market Partners’ first full month is considered “Month 1” of the two-month qualification period.**Monthly Builder Bonus amount is dependent on matching activity for two consecutive months in the qualification period. i.eif you do 6 6 in February and 3 3 in March, your bonus would be 400. However, if you did 6 6 in February and 6 6 in March,your bonus would be 800. And if you wanted to another 800 in April, you’d need to have 6 6 activity again.*Please see Statement of Typical Participant Earnings on last page of this Compensation Plan.8CANADA
Commissions & BonusesQUARTERLY CONSISTENCY POOLSTITLEAs a leader, you can participate in two quarterly leadership pools based on yourPaid-As title each month of a quarter. To participate, you must be paid-as anAssociate Market Mentor or higher each month of the calendar quarter (January– March; April – June; July – September; October – December). You will receiveshares based on your paid-as title each month.When you qualify as an Associate Market Mentor for two of the three months in thecalendar quarter,and in the third month of that quarter you are promoted to MarketMentor, you will receive a total of 4 shares—1 share for each of the two months youwere paid-as an Associate Market Mentor, and 2 shares for the month in whichyou were paid-as a Market Mentor.The Quarterly Consistency Pool begins when the company reaches 400,000Commissionable Volume for the quarter. The total pool amount will be equal to thepercentage of the total Commissionable Volume for that quarter. Paid-as AssociateMarket Mentors and higher, must have been paid as an Associate Market Mentoror higher for all three months to receive their share of the pool.DOUBLE YOUR SHARE BONUSWhen you qualify for the Quarterly Consistency Pool andare paid-as your Career Title in the month, you will doubleyour share amount for that month!FOUNDER’S CLUB POOLYou become a member of the Founder’s Club when youpromote to Market Mentor within one year of joining —mustjoin MONAT prior to October 1, 2015.SHARESAssociate MarketMentor1Market Mentor2Managing MarketMentor3Associate ExecutiveDirector4Executive Director5Senior ExecutiveDirector6The Founder’s Club Pool pays quarterly each time thecompany reaches a new Commissionable Volume record.The pool is a percentage of the difference between the oldrecord and the new record. The pool will be divided anddistributed based on the total DV contribution percentageof the recipients.To maintain your Founder’s Club status, you must be paidas a Market Mentor at least once within 12 consecutivemonths.*Please see Statement of Typical Participant Earnings on last page of this Compensation PlanCANADA 9
GlossaryACTIVE: You are considered Activewhen you achieve at least 200Personal Volume (PV) in the month.ACTIVE LINE: Any first level MarketPartner and their entire SuccessLine, where at least one person isconsidered to be Active.CAREER TITLE: your recognition titlethat only changes upon promotionor in the case of a Managing MarketBuilder or higher who does not qualifyfor their Career Title at least oncewithin a 12 month period.COMMISSIONABLE VOLUME (CV):the volume basis on which you arepaid on your Success Lines’ sales.This is equal to the Wholesale Priceunless otherwise indicated.CONSISTENCY POOL:Paid-as Associate Market Mentorsand higher must have been paidas an Associate Market Mentor orhigher all three periods in order toreceive a portion of the pool. Sharesare awarded to each participatingMarket Partner based on their Paidas Title for each month.DOWNLINE VOLUME (DV):the PV from you and all of yourSuccess Line, regardless of their title.FIRST FULL MONTH: the month ofenrollment plus the entire followingmonth.GENERATION: a Generation beginswith a Managing Market Builder(Career Title) anywhere below youand includes everyone below them,down to but not including the nextManaging Market Builder.GRACE PERIOD: The two monthsfollowing the promotion of a ManagingMarket Builder from your personalgroup. This applies to ManagingMarket Builders or higher in whichthere is a 7,000 GV requirement.For two periods following the newMMB promotion, the GV requirementis halved ( 3,500), in order tomaintain paid-as rank.GROUP (PERSONAL GROUP):your Group includes your entireSuccess Line down to, but notincluding, the next Managing MarketBuilder (Career Title) or higher.GROUP VOLUME (GV): the volumefrom you and your entire downlinedown to, but not including the nextManaging Market Builder or higher.When a Market Partner in yourGroup promotes to Managing MarketBuilder for the first time, their GVwill be included in your GV for thatmonth’s qualification purposes only.LEVEL: the location of a MarketPartner in your Success Line in relationto you, regardless of their title. Whenyou personally sponsor a MarketPartner, they are considered to be your1st Level. Market Partners below themare the 2nd Level, and so on.LINE: A Line begins with a MarketPartner on your 1st Level, and includesall of the Market Partners below them.You will have as many lines as youhave personally sponsored MarketPartners. Please also see Active Lineand Qualified Line.PAID-AS TITLE: the title forwhich a Market Partner meets thequalifications for in the period. ThePaid-as Title may be the same orlower than the Career Title and mayfluctuate from month to month.PERIOD: A period is equal to theactual calendar month. I.e. Six periodswould be six calendar months.PERSONALGROUP:AMarketPartner themselves and their entiredownline, up to but not including,the next Managing Market Builder(Career Title) or higher.PERSONAL VOLUME (PV):Volume from orders placed personallyand directly with the company by yourcustomers and VIP Customers.PERSONAL SPONSOR: the MarketPartner directly above you in thegenealogy is considered to be yourPersonal Sponsor.PRODUCT PACK: when you enrollas a new Market Partner, youhave the option to purchase ourproducts at an exclusive, one-timediscount within your first 30 days.QUALIFIED LINE: To have a qualifiedLine, at least one Market Partnerin your Line must be qualified tobe paid as a specific title (or above)in the month. For example, to be aManaging Market Builder, you needfour Active Lines plus two lines thathave at least one Market Partner thatis paid-as a Managing Market Partneror higher. Qualified Lines depend onthe monthly Paid-As Title.QUALIFYING VOLUME (QV):used for Personal Volume (PV),Group Volume (GV), and
MENTOR MARKET MENTOR MANAGING MARKET MENTOR ASSOCIATE EXECUTIVE DIRECTOR EXECUTIVE DIRECTOR SENIOR EXECUTIVE DIRECTOR 500 PV 4 Active Lines 7,000 GV 500 PV 4 Active Lines (2 MMB) 7,000 GV 30,000 DV 500 PV 4 Active Lines 7,000 GV 60,000 DV 500 PV 5 Active Lines 7,000 GV 120,000 DV 1 new 1st Gen MMB in the last 12 mos. 500 PV 6 Active Lines 7,000 .
was registered in Angela Davis's name. This was the ground for the frame-up despite the fact that Angela was nowhere near the courtroom when the incident took place. The F.B.I. organised a manhunt and'its posters described Angela as a "blood-thirsty criminal". Angela was arrested on October 13, 1970 in New York. The fight then went on to
McNaughton-McKay's issues with resource restraints and the potential for data-entry errors. McNaughton-McKay launched The Conexiom Platform with several high frequency customers. "As soon as the team saw large orders coming in clean that they didn't have to manually enter, they were ecstatic with the results," recalls Wyss.
McNaughton-McKay Electric Company has over a century of experience as an electrical distributor. While the first 72 years of its operation was confined to the Detroit marketplace, today McNaughton-McKay has 24 locations in 5 states across the US and 2 locations in Germany. The organization grew at a rapid pace from 1982, when it had
TABLE OF CONTENTS UNIT LESSON TITLE PAGE NO. I 1.1 Compensation 3 1.2 Compensation Responsibilities 17 1.3 Compensation System Design Issues 23 1.4 Compensation Philosophies 29 1.5 Compensation Approaches 34 II 2.1 Fringe Benefits 41 2.2 Strategic Compensation
Clinic compensation (Total Compensation -Academic Compensation) 170,000 Dr. Smith earned 5 points in 3 different categories in calendar year 2018. Dr. Smith has therefore met the expectations for 100% the benchmark. Dr. Smith's compensation in FY20 is 200,000 30,000 (Academic Compensation) 170,000 (Clinical Compensation)
Angela Yvonne Davis, Lawrence O. Holmberg, David Ethan Ellis, and L. Paul Sutton. Doing time collection, 1972-1980. Center for Southwest Research, General Library, University of New Mexico, Albuquerque, NM. "Liberation News Service: Angela." A short description of the events that took place as Angela Davis was led into prison.
2. Proposed Instructions to Compensation Discussion and Analysis 3. “Filed” Status of Compensation Discussion and Analysis 4. Proposed Elimination of the Performance Graph and the Compensation Committee Report B. Compensation Tables 1. Compensation to Named Executive Officers in the Last Three
Fellow Shareholders, Before you cast your vote on Management Resolution Item 3 – Advisory Vote to Approve Executive Compensation, the members of the Board’s independent Compensation Committee encourage you to review the content of this Executive Compensation Overview, as well as the additional detail provided in the Compensation Discussion and Analysis, compensation tables, and
