How does the Milestone Shares program work?
07/14/2016 Effective, January 1st, 2016, for every 10 personal VP you earn, you also earn up to 18 bonus shares of the TripleClicks Executive Pool that will be paid to you upon reaching the milestones of SFI's five Team Leader ranks!...which are:- Bronze Team Leader (BTL)
- Silver Team Leader (STL)
- Gold Team Leader (GTL)
- Platinum Team Leader (PTL)
- Diamond Team Leader (DTL)
- 10 Milestone Shares per 10 VP if your rank is Affiliate or EA
- 12 Milestone Shares per 10 VP if your rank is BTL
- 14 Milestone Shares per 10 VP if your rank is STL
- 16 Milestone Shares per 10 VP if your rank is GTL
- 18 Milestone Shares per 10 VP if your rank is PTL
Important Notes:
1. We want
Milestone Shares to provide a significant and meaningful
bonus--commensurate to the effort invested to earn them. However, it's
also vital that the TripleClicks Executive Pool not become rewarding
only to some but not to others. Therefore, quarterly, the quantity of Milestone Shares award per 10 VP may be adjusted up or down (with the rate increase or decrease effective starting with the new quarter).
2. Milestone Shares earned expire after one year.
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FREQUENTLY ASKED QUESTIONS
Just keep doing what you're doing! For every 10 VersaPoints you
now earn, you'll automatically be banking up to 18 Milestone Shares!
Q: What do you mean when you say that shares are "banked?"
It just means that we've put those shares into a special account
for you, to be paid to you upon reaching your first/next milestone.
Q: Is there any limit to how many Milestone Shares I can earn?
Nope. In fact, we hope you'll work at collecting an extra large amount of personal VP each month so that we can pay you tens of thousands of extra shares of the TripleClicks Executive Pool each time you hit a new milestone!
Q: I can earn tens of thousands of extra shares of the TripleClicks Executive Pool?
Yes! Let's say that, through your personal actions and sales,
you're collecting 6000 personal VersaPoints each month for a year. That
would be 72,000 (minimum) and up to 129,600--depending on your
rank--extras shares of the TripleClicks Executive Pool added to your
commissions as a bonus upon reaching a new milestone!
Q: Does the new Milestone Shares program help me meet the new Team Leader requirements?
Absolutely, YES! There's now a great new incentive for every one
of your PSAs to be more active than ever (the more VP they earn, the
more Milestone Shares they receive!). Milestone Shares also will firmly
put your PSAs' focus on THE PLAN--which can of course be instrumental in boosting YOU to SFI's highest-earning rank--Diamond Team Leader! And don't forget all that Matching VP you can earn as a Team Leader when your affiliates and CSAs are all earning more VP due to the Milestone Shares incentive!
Q: Why expire Milestone Shares after one year?
Two reasons. First, you don't want the affiliates in your group
purposely not advancing in rank just to earn more Milestone Shares.
Secondly, the one-year expiration creates urgency and sharpens the
focus of your affiliates towards advancing, since no one wants to lose
the Milestone Shares they've banked.
Q: Is there a place where I can keep track of Milestone Shares that have expired or will be expiring soon?
Yes, we will be adding a Milestone Shares Ledger with full details for you, as a new report located in the My Account area
Q: What if I achieve a Team Leader rank, then lose that
rank, and then achieve it again at a later time? Do I earn the
Milestone Shares each time?
No, you can only earn Milestone Shares one time for each Team Leader rank.
Q: What if I'm already a Team Leader? How does the program work for me?
If you're already a Team Leader, you won't be able to earn Milestone Shares for all five Team Leader milestones, but you'll be able to earn them for all the Team Leader ranks you've not yet achieved. And you'll be earning your Milestone Shares at a higher rate (see above chart) if you're a BTL or higher ranked Team Leader.
Q: If I've been earning Milestone Shares at the 10x rate as
an EA and then advance to BTL a few months later (which bumps the rate
up to 12x), how are the total Milestone Shares due to me calculated?
Looking back one year, you'll receive shares at the 10x rate for
the months you were an EA...and at the 12x rate for the months you were a
BTL. If within that year you advanced further yet, say, to STL for a
couple months, you would earn some shares at the 14x rate, too.
Q: Do I earn Milestone Shares for all the Matching VersaPoints I earn?
No, Milestone Shares are banked only on the PERSONAL VP you earn.
Q: What happens to my Milestone Shares bank once I achieve the top rank of Diamond Team Leader?
Once you reach Diamond status and are paid your banked shares,
you'll no longer be earning Milestone Shares, your Milestone Shares
account is zeroed out and it will no longer be displayed to you.
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