Financial Freedom’s Compensation Plan


Financial Freedom’s Compensation Plan

CONSULTANT in Training

Commission Level20%
Qualification Requirements:

Consultant in Fast Track

Commission Level25%
Override on Down-line Trainee5%
Qualification Requirements: *Only 10% is received on an individual’s personal plan. Sponsor receives the other 10%.


CONSULTANT

Commission Level30%
Override on Down-line Trainee10%
Qualification Requirements:

Consultant in Fast Track

Commission Level30%%
Override on Down-line Trainee10%
Qualification Requirements: *Personal Consultant Advancement Option – 15 personal sales completed (8 PayAccel Plus, HELOC or Premium), no organizational overrides.


SUB-LICENSEE

Commission Level40%
Override on Down-line Consultant10%
Override on Down-line Trainee20%
Qualification Requirements: *Personal Sub-Licensee Advancement Option – 40 personal sales completed (25 PayAccel Plus, HELOC or Premium), no organizational overrides.


LICENSEE

Commission Level50%
Override on Down-line Sub-Licensee10%
Override on Down-line Consultant20%
Override on Down-line Trainee30%
Qualification Requirements: *Personal Licensee Advancement Option – 85 personal sales completed (50 PayAccel Plus, HELOC or Premium), no organizational overrides.


OVERRIDES

Overrides are the difference between the different commission levels. For example: On PayAccel Plus Plan, a Consultant is paid at 30% commission and Sub-Licensee is paid at 40% commission, therefore a Sub-Licensee would receive a 10% override on any PayAccel Plus Plan closed by his/her first line Consultants.

A Consultant in Training will receive 20% commission therefore a Consultant at 30% would receive the difference of 10%, a Sub-Licensee, the difference of 20%.

GENERATION OVERRIDES

When a Licensee promotes one of their down-line Sub-Licensees to a Licensee, the representative then goes direct to the Company. This entitles the promoting Licensee to a 5% override on the promoted Licensee’s organization.

These generation overrides will remain with the promoting Licensee, as described in the license agreement, and cannot be denied except through voluntary termination or termination with cause from the Company.

SALES OVERRIDES

A 10% sales override is provided to the sales organization or sales person that closes the sale for the Consultant or Licensee. This 10% commission is deducted from the Consultant or Licensees Commission. For example; if the commission level is 30% and a sales rep closes the sale for the Consultant, the sales rep would receive 10% and the Consultant would receive 20%.

ORGANIZATION OVERRIDES

If an organization is recruited that organization will receive a 10% override on all sales generated by that organization. This 10% override is taken from 5% of the commissions of the recruiting Consultant or Licensee and 5% from the *Company. For example; if the Consultant commission level is 30% the override organization would receive 10% and the Consultant would receive 25% for every sale generated by that organization at that commission level.

Example of Commission Payouts

Position Commission Level Client Fee $4,500 Client Fee $6,500 Client Fee $8,500
Consultant in Training 20% $900 $1,300 $1,700
Consultant 30% $1,350 $1,950 $2,550
Sub-Licensee 40% $1,800 $2,600 $3,400
Licensee 50% $2,250 $3,250 $4,250