NOTICE OF IMPORTANT POLICY CHANGE
The following notice describes important amendments to the Hello Love Fanatic Compensation Plan, which will go into effect August 1, 2022.
PLEASE READ CAREFULLY AS THESE AMENDMENTS TO THE HELLO LOVE COMPENSATION PLAN WILL AFFECT YOUR DISTRIBUTORSHIP.
1. The Ready. Set. Start! Program
The third tier (three stars) will change from $2000 PSV OR $500 PSV and two personally enrolled Fanatics to $2000 PSV OR $1000 PSV and two personally enrolled Fanatics. Any Fanatic with an enrollment date on or before July 31, 2022 will be grandfathered into the original terms. Only Fanatics enrolling on or after August 1, 2022 will be affected by this change.
2. Rank Achievement Tiers
We are eliminating the Lifetime FSV thresholds and replacing them with Monthly PSV thresholds, as follows:
Blush: $500 PSV
Pink: $1000 PSV
Red: $2500 PSV
Gold: $5000 PSV
White: $10K PSV
Black: $15K PSV
These will continue to be ONE TIME achievements, reached on a Fanatic’s first time hitting each threshold. The reason for this change is that Lifetime FSV can be affected negatively if a Fanatic leaves the company, and is therefore removed from a family tree. With this change, Rank Achievements will be based solely on PERSONAL sales achievements, and will not be reliant on downline sales.
3. Monthly Bonuses
We are adding two lower thresholds to the Monthly Bonus:
$5,000+ = $25
$10,000+ = $80
These bonuses are based on FSV (Family Sales Volume).
The updated Compensation Plan is posted in your Back Office under:
Documents and Media > Fanatic Onboarding > Compensation Plan
It can be downloaded by clicking on the button below: