Wednesday, May 17, 2006

WLG Business Value

New Business Value Calculations Online Now
Tuesday, May 16, 2006

On the recent Executive Leadership Cabinet conference call, Hubert mentioned our transition to the new recognition structure of “Business Value” as of May 1st. This week, production points that have been used for leaders bulletins, contests, pool participation and promotions were replaced online with “Business Value” (BV). BV is comprised of the sum of production points, recruiting points and leadership bonus points (Convention attendees, etc.). Points for months prior to May 2006 will NOT be recalculated. Points detail will be available online soon for the following point types: production points, recruiting points, bonus points and total business value.

Here is a summary of the changes:

1. Production points are 5,000 points (regardless of the size of the transaction) per transaction and will be split according to Field Builder/Field Trainer percentages.

2. Recruiting points are awarded at a rate of 1,000 points per recruit. These points will be awarded immediately after they successfully complete the WLG online signup. An additional 1,000 points will be awarded if the associate becomes a “quality associate” within 30 days of joining WLG.

3. Convention registration points awarded – 500 points for pre-registration prior to May 1st and 1,000 points for pre-registration May 1st through May 31st.

4. The Adjusted Value (AV) principle, where no more than one-third of your points can come from any one leg, will be applied to Business Value totals for promotion and recognition purposes. We are also enforcing a rule where no more than 50% of your Business Value can come from the sum of your recruiting points and leadership bonus points.

5. Production points counted towards “Business Value” will NOT be awarded on an “advanced basis” until August or September when the new processing center software is implemented.

WLG Support

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