Please be informed that there will be some adjustments to the Compensation Plan taking effect from 5 January 2013 onwards. As the New Year approaches, we believe that these changes will help you make 2013 the time when your team can start faster and you can rise higher.
Start Faster With Early Payout Rules adjustment
A new IR who is Qualified and Activated must achieve the required first 1000BV on his/her Lower Volume Leg within first 4 weeks from the registration date to be eligible to receive the corresponding Early Payout.
Thereafter, the new IR who is Qualified and Activated must achieve the required second 1000BV on his/her Lower Volume Leg within first 6 weeks from the registration date to be eligible to receive the corresponding Early Pay Out.
The IR who is Qualified must be Activated by referring 2 Qualified Direct Referrals placed on each side of any of his/her Tracking Centers (TC), in order to be eligible for the Early Payout option. Self-Activation will not allow the IR to earn from the Early Payout option.
Click here to read the full clause 7.03 of the Policies and Procedures.
What does it mean for you? For an Upline and leader, getting your prospects to start faster will increase your chances of building a strong, dynamic and successful team. Remember that those who linger may not get far, so encourage your Downlines to start fast and earn their Early Payout!
Rise Higher with TC Qualification Adjustments
After having qualified TC-001, TC-002, and TC-003 with a minimum of 500 BV, you can acquire an additional TC, by achieving 1000 BV from your retail sales or personal purchase.
What does it mean for you? Your volume increases faster with every additional Tracking Center that your Downline acquires from his/her retail sales or personal purchase with 1000 BV.
Prepare to enter 2013 confidently with these new requirements for your business. Think how you can make the most of them!
Q Account monthly maintenance fee for inactive IRs
Please also be informed of the Policies and Procedures adjustment regarding the Q Account monthly maintenance fee for inactive IRs, which will come into effect on Monday, 31 December 2012.
What does ‘Inactive IR’ mean?
According to the new Policies and Procedures, “Inactive IR” means QNET Independent Representative who failed to renew his/her Representativeship for at least a period of twelve (12) months after the last Anniversary Date.
Effective 31 December, Q Accounts of inactive IRs will be charged monthly fee of USD 10. Please note that this change won’t affect active IRs.
Please refer to the full P&P Clause below.
4.01 Maintenance of Inactive IR
(a) Once a non-renewed IR becomes an Inactive IR as defined in clause 2 above, QNet reserves the right to charge a reasonable fee to maintain the Inactive IR and the maintenance fee shall be advised by QNet through its’ Q Account system.
(b) The maintenance fee will be charged regardless of the amount of balance or credit left in the Inactive IR’s Q Account until the said Q Account is zeroed.
(c) The maintenance fees will be deducted from any balance standing in the relevant Inactive IR’s Q Account and will be shown in the relevant Inactive IR’s Q Account report/statement.
(d) QNet reserves the right to amend the Inactive IR’s maintenance fees from time to time and at any time without prior notice to the IRs.
(e) IRs will be advised about any imminent risk of any Inactive IR’s maintenance fees being charged in their Q Account report/statement so that they can take corrective action.
Please feel free to contact your GSC at firstname.lastname@example.org if you have any questions.