Compensation Plan
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| Representatives may achieve the following
status levels based upon the retailing performance of their
business: |
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| Independent Representative: |
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| Anyone who completes an independent
representative application & agreement form, purchases a starter
pack direct from the company and has their application approved
by Richway. |
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- Will receive a 5% Sales Commission.
- Will qualify to be a partner.
- May sponsor other Independent Representatives.
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| Partner: |
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| An independent representative who generates
personal sales volume of $1 ,500 and meets the requirement. |
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- Will receive a 5% Sales Commission.
- Will qualify to be a Gold Executive.
- May sponsor other Independent Representatives.
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| Gold Executive: |
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| An independent representative who generates
personal business volume of $3,000 after becoming a partner and
must own three (3) business centers. |
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- Will receive a 7% Sales Commission.
- May earn up to $400 in Binary Bonus per week, per
Business Center.
- May earn Training Bonus 10% of the Total Amount of
Binary paid in the same month to their down line
Representatives that they have sponsored.
- May be promoted to be a Emerald Executive.
- May sponsor other Independent Representatives.
- May earn one Placement Certificate per week.
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| Emerald Executive: |
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| An independent representative who generates
personal business volume of $6,000 after becoming a Gold
Executive and meets the requirement. |
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- Will receive a 10% Sales Commission.
- May earn up to $800 in Binary Bonus per week per
Business Center.
- May earn Training Bonus 10% of the Total Amount of
Binary paid in the same month to their down line
Representatives that have been sponsored.
- May be promoted to be a Diamond Executive.
- May sponsor other Independent Representatives.
- May earn one Placement Certificate per week.
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| Diamond Executive: |
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| An independent representative who generates
personal business volume of $6,000 after becoming a Emerald
Executive and meets the requirement. |
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- Will receive a 20% Sales Commission.
- May earn up to $1,200 in Binary Bonus per week per
Business Center.
- May earn Training Bonus 10% of the Total Amount of
Binary paid in the same month to their down line
Representatives that they have sponsored.
- May be promoted to be the MD and/or Royal Family.
- May sponsor other Independent Representatives.
- May earn on Placement Certificate per week.
- May receive Diamond Executive Watch.
- May qualify for Automobile Allowance Program.
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| Royal Family: |
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| An independent representative who meets the
following criteria achieves the pinnacle of success with
Richway. |
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- Develops extended group and assists 4 independent
representatives, whom they sponsored to become Diamond
Executives.
- Receives a combined total of at least $50,000 in quick
pay, binary bonus (promotional bonuses included) during the
calendar half (6 months) of qualification.
- Will receive a 20% Sales Commission.
- May earn up to $1,200 in Binary Bonus per week per
Business Center.
- May earn Training Bonus 10% of the Total Amount of
Binary paid in the same month to their down line
Representatives that have been sponsored.
- May be promoted to be the MD.
- May sponsor other Independent Representatives.
- May earn one Placement Certificate per week.
- May qualify for Automobile Allowance Program.
- May earn profit sharing bonus in Company Gross Sales
Volume 2% of Total.
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| BONUSES AND REWARDS |
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| RichWay offers a diverse selection of fine
merchandise at competitive prices. Independent Representatives
may earn a substantial Retail Profit selling RichWay products to
the Ultimate consumer. In addition, Independent Representatives
are eligible to earn weekly Quick Pay, Sales and Training
Bonuses. These Bonuses are determined by the number of Sales
made within each Leg of a Representative's organization. |
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| Binary Bonus: |
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- At Gold Executive Status - When a Gold Executive
generates 6 or more Business centers in each Leg of one of
their Sales Increments, they earn a $400 Binary Bonus.
- At Emerald Executive Status - When an Emerald Executive
generates 6 - 11 Business centers in each Leg of one of
their Sales increments, they earn a $400 Binary Bonus. When
they generate 12 or more Business centers in each Leg of one
of their Sales increments, they earn an $800 Binary Bonus.
- At Diamond Executive Status - When a diamond Executive
Generates 6 - 11 Sales in each Leg of one of their Sales
increments, they earn a $400 Binary Bonus. When they
generate 12 -17 Business centers in each Leg of one of their
Sales increments, they earn an $800 Binary Bonus. When they
generate 18 or more Business centers in each Leg of one of
their Sales increments, they earn a $1,200 Binary Bonus.
- At Royal Family Status - When a Royal Family generates 6
- 11 Business centers in each Leg of one of their Sales
increments, they earn a $400 Binary Bonus. When they
generate 12 -17 Sales in each Leg of one of their Sales
increments, they earn a $800 Binary Bonus. When they
generate 18 or more Business centers in each Leg of one of
their Sales increments, they earn a $1,200 Binary Bonus
- The Royal Family Bonus Pool - Share in Company Gross
Sales Volume (2% of Total). - The Royal Family bonus Pool is
calculated by taking 2% of the Company's total Business
Volume for 1 year. This amount is then divided by the total
number of Royal Family Members according to their sales
volume
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| Training Bonus |
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| Richway stands out in the industry for
rewarding our Executives for supporting, training and leading
their Sales Organizations. A training Bonus may be earned each
month on all qualifying Executives. A RichWay Representative a
who has received 4 Binary Bonuses in a designated month and who
is a gold Executive, or higher, shall be entitled to receive 10%
of the Total Amount of Binary paid in the same month to their
down line Representatives that they have sponsored. |
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| Placement Certificate |
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| Each time a Representative with a status of
Gold Executive or higher earns a Sales Bonus, they receive a
Placement Certificate which entitles them to a free Business
center. A Representative may earn a Binary Bonus on these free
Business centers. The Placement Certificates and free Business
centers are for the purpose of placement only, and do not
entitle the Representative to any Company products, do not count
as a Sale, and are non-transferable. A Representative may earn
up to one Placement Certificate per week. |
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| By becoming a RichWay Independent
Representative, you take an important step in securing what
could become a lifetime source of income for you and your
family. RichWay is committed to the development and enhancement
of the human potential, rewarding individuals for outstanding
commitment and achievement. RichWay's innovative Sales
Compensation Plan rewards outstanding performance, and allows
everyone endless opportunities Retailing |