Amway Hong Kong

CorePlus+

Programme

PF2020/2021

The Amway Core Plus discretionary incentives program is the global program designed to complement the Amway ABO Compensation Plan (the Core Plan). Core Plus+ incentives can help business owners start earning more from their first sale, and rewards can keep growing as an ABO’s business does. Leaders earn more from the Core Plan and Core Plus+ with sustainable growth and a balance of width and depth. Building qualified legs can increase your rewards – year after year!

The PV/BV ratio of Amway Hong Kong in PF2020/2021 remains at 1:16. The required BV for a qualifying Silver Producer will be 10,000PV or BV HK$160,000. The Monthly Performance Bonus Schedule is as follows:

Bonus Ratio (%) PV BV (HK$)
21 10,000 $160,000
18 7,000 $112,000
15 4,000 $64,000
12 2,000 $32,000
9 1,000 $16,000
6 600 $9,600
3 200 $3,200
Target: Distributors who have not qualified for Gold Producer since September 2014
Eligibility: First-time Bronze Builder Incentive recipients

Eligibility:

  1. Attain 12 qualified Silver Producer months in one performance year; or
  2. attain 10 or 11 qualified Silver Producer months with annual total VE of 144,000; or
  3. attain 10 or 11 qualified Silver Producer months with annual total GPV of 120,000
Target: Distributors whose Performance Bonus level is below 12%
Eligibility: Gain “Verified Customer Sales” in any month, can earn up to 10% on Verified Customer Sales as Customer Sales Incentive
Bonus Amount and Calculation Method: Depends on the Performance Bonus percentage level of that month. Verified Customer Sales x (10% minus Distributors’ monthly Performance Bonus percentage level)
Target: Distributors whose highest Performance Bonus percentage level is 12% or below in PF2019/2020
Eligibility:
  1. Qualified Recipients whose Performance Bonus percentage level is 9% or above; and
  2. At least personally or foster sponsored 3 legs who achieve 3% Performance Bonus level or above; and
  3. Generate 100 Personal PV or more of that month
Bonus Amount and Calculation Method:
  1. Receive 30% of Performance Bonus as “Bronze Foundation Incentive”
  2. Every Distributorship can receive up to 12 months of “BFI” for rolling 18 months, beginning the first month of qualification
  3. The maximum amount of Bronze Foundation Incentive for each Distributorship each month is HK$20,500
Target: Distributors who have not qualified for Gold Producer from September 2014 to first Bronze Producer Month
Eligibility:
  1. Qualified Recipients whose Performance Bonus percentage level is 15% or above; and
  2. At least personally or foster sponsored 3 legs who achieve 6% Performance Bonus level or more; and
  3. Generate 100 Personal PV or more of that month
Bonus Amount and Calculation Method:
  1. Receive 40% of Performance Bonus as “Bronze Builder Incentive”
  2. Every Distributorship can receive up to 12 months of “BBI” for rolling 18 months, beginning the first month of qualification
  3. The maximum amount of Bronze Builder Incentive for each Distributorship each month is HK$27,000
Target:Qualified Silver Producer and up Distributors in PF2020/2021
Eligibility:Distributors who are qualified for Silver Producer or above, and have increased or maintained their total Personal Qs (PQ) over the PF2019/2020 baseline, and earned required Ruby Volume.


  Bonus Amount and Calculation Method:

No. of Qualified PQ Months in PF2020/2021Ruby Volume Required“Business Maintained” Bonus ratio“Business Growth” Bonus ratio
PQ14,000

10%

15%

PQ28,000
PQ312,000
PQ416,000
PQ520,000
PQ624,000
PQ7-1148,00030%35%
PQ1248,00035%

PQ1-6 Incentive calculation is based on designated bonus ratio of Performance Bonuses earned by Distributors during PQ months.
PQ7-12 Incentive calculation is based on designated bonus ratio of annual Performance Bonuses earned by Distributors during PQ months.

Notes:
  1. If qualified PQ months cannot meet the corresponding Ruby Volume required, the number of qualified PQ months will be calculated based on the lower Ruby Volume required level.
  2. Attaining Q10 or Q11 and annual total VE of 144,000; or attaining Q10 or Q11 and annual total GPV of 120,000 in PF2020/2021 is equivalent to Founders Platinum qualification, but meanwhile Ruby Volume must be no less than 48,000, then PQ months are calculated based on the actual number of qualified Silver Producer months (that is PQ10 or PQ11).
  3. The maximum amount of Personal Group Growth Incentive for each Distributorship is HK$160,000.
Target: Qualified Founders Platinum and up in PF2020/2021
Eligibility:
  1. Distributors who are qualified Founders Platinum and up, and personally or foster sponsored legs who can maintain or increase total number of qualified Silver Producer months; and
  2. Distributor himself/herself must attain 12 qualified Silver Producer months in one performance year or attain 10 or 11 qualified Silver Producer months with annual total VE of 144,000; or attaining Q10 or Q11 and annual total GPV of 120,000 in PF2020/2021; and
  3. Have earned HK$12,000 or above annual Leadership Bonus; and
  4. Accumulate at least 48,000 Ruby Volume

  Bonus Amount and Calculation Method:

  Incentive calculation is based on designated bonus ratio of Annual Monthly Core Plan Bonuses earned by Distributors.

The total no. of personally or foster sponsored downline groups’ qualified Silver Producer months in PF2020/2021 VS PF2019/2020 Founders Platinum to Founders Sapphire Emerald Bonus Recipient or above
Maintain or reduce at most 2 qualified Silver Producer Month 10% 30%
Increase at least 1 qualified Silver Producer Month 20% 40%
Notes:
  1. Annual Monthly Core Plan Bonuses include: Monthly Performance Bonus, Ruby Bonus, Pearl Bonus, 6% Leadership Bonus but exclude International Leadership Bonus.
  2. The maximum amount of Frontline Growth Incentive of each Distributorship is HK$320,000.
Target: Distributors who are newly qualified for Platinum, Founders Platinum (FP), Sapphire, Founders Sapphire, Emerald (EBR), Founders Emerald, Diamond (DBR) and Founders Diamond (FDBR) Distributors
Eligibility: Qualified for new achievement awards in the performance year and re-qualified for the same award or even higher in the next performance year

   Bonus Amount:

Award First-Time Qualifying Bonus (HK$) Re-Qualifying Bonus (HK$)
Platinum $16,000 $16,000
Founders Platinum (FP) $32,000 $32,000
Sapphire $43,000 $43,000
Founders Sapphire $64,000 $64,000
Emerald (EBR) $85,500 $85,500
Founders Emerald (FEBR) $107,000 $107,000
Diamond (DBR) $133,500 $133,500
Founders Diamond (FDBR) $160,000 $160,000
Note:
  1. This incentive is not applicable to first-time or past Double Diamond and up Direct Distributors.

The above awards are for PF2020/2021 only and are not part of the core Amway Sales & Marketing Plan. All bonuses will be issued upon verification. Amway Hong Kong will review the above programme according to its effectiveness and market condition and make amendments, cancelations or extensions as necessary for the coming fiscal year. Distributors who are eligible for the above awards must also comply with the company’s Code of Ethics, otherwise Amway Hong Kong reserves the right to cancel any bonus and travel award issuance. Amway Hong Kong reserves the right of final decision. Only sales volume generated in Hong Kong and Macau will be counted. If you have any questions about the Growth Incentive Programme, please contact Sales Department for more details.

For full details and terms and conditions of the above awards, please refer to September 1, 2020 edition of Newsgram.

Other Awards in PF2020/2021

Other Awards in PF2020/2021

In PF2020/2021, Amway Hong Kong will retain the Diamond Excellence Award. Founders Diamond Direct and up Distributors are qualified for striving for the bonus. Details are as follows:

Qualification (1):
Target: Qualified Diamond Direct Distributors (FDBR) in PF2020/2021
Qualification: In PF2020/2021, personally or foster sponsor six FP Groups, and Distributor himself/herself must be Platinum qualifier and accumulate at least 48,000 Ruby Volume
Qualification (2):
Target: Qualified Executive Diamond or up Direct Distributors in PF2020/2021
Qualification: In PF2020/2021, personally or foster sponsor at least six Q6 or above Distributors Groups

In response to the COVID-19 outbreak, the destination for the Leadership Seminar will be announced at a later date. Please refer to Newsgram for details.

In PF2020/2021, Distributors who attain the Double Diamond Direct or above qualification through GAR are eligible for cash awards. The bonus amount for the Two-Time Cash Award (TTCA) ranges from HK$92,400 to HK$2,240,000. A Distributor qualifying for the first time is eligible for the First-Time Cash Award, while a Distributor qualifying for the second time is eligible for the Two-Time Cash Award.

The Founders Achievement Award recognizes those leaders who make great strides in the progressive development of their business. In PF2020/2021, Amway has adopted a new calculation method for the bonus award.