Profit Sharing
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The FLP Profit Sharing incentive is certainly the effort! Thousands of People worldwide have qualified throughout the years for profit sharing checks ranging from $1,000 to $1,000,000. Receiving a profit sharing check is easier than you may think. Let’s review the qualification requirements for this exciting incentive.
3 levels of profit sharing
There are three levels in the incentive. At the end of each calendar year, the Company determines a bonus pool for profit sharing. One half of this pool is divided among those Managers who qualify for Level 1; one third is divided among the Level 2 qualifiers; and one sixth is divided among Level 3 qualifiers. It’s important to understand that Level 2 qualifiers receive shares of both the Level 1 and Level 2 bonus pools; and Level 3 qualifiers receive shares of all three bonus pools.
Qualification Period
The profit sharing incentive runs from January 1st through December 31st of each year, and all of the incentive requirements must occur within those dates. There are certain requirements that pertain to all three levels. First, you must be active with 4 Active cc every month during the year that you are a Recognized Manager. Next, you must qualify for Leadership Bonus every month that you are a Recognized Manager. Then, you must qualify for or be participating in the Earned Incentive program anytime during the year. Next, you must build your business according to correct network marketing principles, and abide by all Company policies. And finally, you must attend and support Company sponsored events.
level- 1 Profit sharing
Now let’s describe the additional qualification requirements for Level 1. As you begin the profit sharing year, your group most likely will have some existing non-Manager volume, which means that there are no Managers between you and the distributors generating that volume. In addition, you will sponsor new distributors during the qualification period. As these distributors generate sales, this is referred to as your NEW non-Manager volume. During the year, you must have a total of at least 150 new non-Manager case credits; and an overall total of 700 case credits from both new and existing non-Manager volume. Re-sponsored distributors do not count toward the 150cc requirement; but they do count toward the 700cc requirement. Your personal volume also counts toward the 700cc. The new non-Manager case credits are accumulated from all countries where you have sponsored new distributors; however, the existing non-Manager case credits must be generated in the country in which you are qualifying for the incentive.
Level-2 Profit Sharing
In Level 2 is designed to reward you for working with your downline Managers to help them qualify for Profit Sharing. The new and overall non-Manager volume requirements are lowered to 100 and 600cc; and in place of the 600cc Manager, you must have three Managers, each in separate sponsorship lines, who qualify for any level of Profit Sharing. It doesn’t matter how many generations downline from you these Managers are sponsored.
Level-3 Profit Sharing
Level 3 is the ultimate goal for profit sharing Managers. The payout at this level includes not only shares of Level 3, but also of Levels 2 and 1. To qualify for this Level, you need 500 overall non-Manager and 100 new non-Manager case credits, plus six downline Profit Sharing Managers, each in different lines. Again, it doesn’t matter how far downline they are sponsored.
Level 3 is the ultimate goal for profit sharing Managers. The payout at this level includes not only shares of Level 3, but also of Levels 2 and 1. To qualify for this Level, you need 500 overall non-Manager and 100 new non-Manager case credits, plus six downline Profit Sharing Managers, each in different lines. Again, it doesn’t matter how far downline they are sponsored.
Level 3 is the ultimate goal for profit sharing Managers. The payout at this level includes not only shares of Level 3, but also of Levels 2 and 1. To qualify for this Level, you need 500 overall non-Manager and 100 new non-Manager case credits, plus six downline Profit Sharing Managers, each in different lines. Again, it doesn’t matter how far downline they are sponsored.