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Numis Network Compensation Plan Updates – What It Means To Your Business

Just this last weekend, Numis Network had a historic conference where they made some significant adjustments to the compensation plan.  I’m not going to spend a great deal of time talking about the specifics of what the changes actually are – you can download a copy of the new corporate document HERE.

What I want to do (and I’m going to make a video of the ACTUAL CHANGES when I get back to costa rica) is I wanted to talk to you guys who are in Numis about what this actually means for the longevity, strength, profitability, and ease of building your business.

Here’s what Numis did (essentially) without getting in to 10 pages of detail:

1.  $30 was ADDED to the compensation plan in a new bonus called a ‘Fast Track Unilevel‘ from every new Executive enrollment.  The money wasn’t ‘taken’ from any other part of the compensation plan, it was additional money that was added (very cool).  You qualify by sponsoring one new rep at the top package, and now earn a 3 level $10 bonus IN ADDITION to the coded bonuses and the existing binary commissions – just to give a bit of an idea, this bonus alone would have been an extra $10,000 in my paycheck since March 17th of 2010 (about 9 months) - not bad…

2.  We all got a 10% raise on our existing binary commissions – so in other words, instead of paying 10% on the lesser leg sales volume, Numis is now paying 11% – also, this now caps out at $50,000 per week now, whereas before, it capped out at $15,000 per week (a BIG difference).  Also, you can now qualify for additional binary percentages as you move through the ranks – so if you hit the top level, you can actually earn 12.5% binary commissions instead of 11%.  EVERYONE just had an immediate 10% raise, at every level in the compensation plan.

3.  The binary matching commissions got dramatically enhanced (really, the difference is like comparing a rusted 1979 ford truck to a 2011 BMW 7 Series.  I don’t want to write 10 pages – so I’ll focus on simplicity.  Now, instead of only paying 3 levels, it pays 3 GENERATIONS of leadership.  So in other words, the reach of the binary matching bonuses (in addition to nearly multiplying by four as far as the percentage of payout is concerned) just got dramatically enhanced.  Look at it on the comp plan and wait for my video – it is WAY better, this will eventually triple, or quadruple the incomes of every single person in Numis, at every level of the pay plan.

I want to spend some time on the MOST SIGNIFICANT change to the compensation plan:

Now, there are some other important things in addition to what I’m about to mention, but this single change is a ‘Game Changer’ for your ability to get to the top ranks in the company.  Here’s what they changed:

QUALIFICATIONS are no longer based in width (by personally sponsoring) they are now based on LEADERSHIP DEVELOPMENT in depth, and EVERY LEVEL is way easier to qualify for, and you earn more money at EVERY LEVEL.

You can now hit the top level in Numis with only six legs – here’s the best part about that, though – you don’t need to have any personally sponsored active reps to hit any of the levels.

I’m most excited about this, because it was my suggestion.  You see – normally in an MLM compensation plan, if you sponsor  Bill, who sponsors Fred, who sponsors Jill – and  Bill and Fred quit the business – you have almost zero incentive to help Jill – even if she’s aggressively building.

Now, in Numis Network’s revolutionary ‘depth’ compensation model (again, my idea) you have an equal incentive to help Jill – even if she’s 100 levels down.  In fact – now you can spend your time helping whoever is working, KNOWING that it is going to help you rank advance, and it doesn’t matter at all whether they are personally sponsored or not.

What does this do for team building?  It’s simple – it means that there is MORE incentive for helping your own team than there is for producing.  Let me give you an example.

Ray Higdon (one of our great upline leaders) has been travelling to Toronto Canada to help Erwin McKin build a business.  Erwin is 2 levels down in the comp plan – and outside of Ray’s code – before, Ray earned virtually no income from Erwin’s production, and has spent a great deal of time helping him – NOW, Ray is earning a generational matching income bonus from Erwin that gives him an ENORMOUS incentive to continue doing what he’s already been doing – helping him build a business.

That’s just one example (I could give you about 200 from my own business) of why the comp plan is better.

Here’s what’s happened:

1.  There’s more money for the little guy

2.  There’s more money for the leadership

3.  It’s easier to qualify for ranks

4.  We’ve still got the coded bonuses (nothing changed there)

FINALLY, here’s the last thing that Numis did:

We created a new kind of bonus – called a ‘Rank Advancement Coded Bonus’ that pays you an up-front, one time bonus when you rank advance, and your sponsor, or ‘qualified upline’ now earns an exact match.

So at my next rank advancement (when I hit six-star), I’m going to earn a one time $5,000 bonus – and whoever the next six star is in my upline (no matter how many levels up), they are going to earn a $5,000 EXACT MATCH!  This bonus goes all the way up to a $50,000 matching code for the top level in the compensation plan, and is just ‘extra money’.

This is REALLY COOL, because it encourages you to stay just one rank ahead of your team, and gives your team enormous incentive to move up to the next rank.  It is A LOT of money.

Overall, I’ve never been involved with such a radical increase in pay before – and am more excited than I’ve ever been in my life.  We are going to create an army of five stars, six stars, and generational leaders that will last a hundred years!

Let’s rock it out my friends!

To the TOP,

David Wood
Numis Network Visionary

P.S. Feel free to re-post this article, as long as you link back to http://workwithdavidwood.com/numis-network-compensation-plan-updates/

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18 comments
124Online
124Online

This looks like a pretty good networking program, I wonder how different this will be. Thanks for the share man!

Bryan Salek
Bryan Salek

David, this is an awesome description of the recent changes. I'll start pointing folks here to answer their questions. Thank you, Bryan

Carolyn Johnson
Carolyn Johnson

Hi Dave, I am pleased to see the new Numis compensation plan. It is much easier to move to higher levels. I am pumped about my future in Numis. Thanks for sharing!

Karen Marrow
Karen Marrow

David, Great new comp plan. Thanks for the explanation! Karen

124online
124online

Yep, I totally agree, you don't have to have all the technical stuff down to make money... Just get in front of the wave!!

Paul Butler
Paul Butler

Hey David. Great new updates for Numis. Exciting stuff. This really is the best comp plan I have ever seen in this industry. See you at the top my friend... :)

joelburrell
joelburrell

I agree, with Ray, who cares if you fully can understand or explain it, just keep doing what your doing and make MORE MONEY!!!

Joe Young
Joe Young

Thanks for the detail info about Numis David. More money is always a good thing. I would rather see a company grow than digress. Some don't get that, not sure why. If the company wants to give more, it doesn't change what I do as a recruiter. Like one told me about the compensation plan, it is not necessarily to learn so you can explain it to a new prospect, as much as it is to learn so we can know how we need to build our organization. As always, your stuff and Ray's is awesome! - joe young

Craig Anderson
Craig Anderson

Assume post David, Numis Rocks! Where else do you get a pay raise just for doing nothing but being involved with a great company. Don't recall anything in that I was part of in the past doing this. But do recall past company's making thing harder to achieve my goals.

Jack Foley
Jack Foley

I like in the new plan thats there is more money for the little guy... Share the wealth as they say...

Ray Higdon
Ray Higdon

Good stuff David, I know it is a lot to understand but I would rather NOT understand something and simply get paid more! Haha, keep up the good work David

Aki Wood
Aki Wood

The only thing that sucks about the new compensation plan is that it is a bit harder to understand. There is Waaaaay more money being paid out, and it was probably just about the best in the industry before the upgrades.

Michelle Morgan
Michelle Morgan

Hello David, Great review! Thank you so much for sharing how it is to on Numis.. It's worth the read...

David Wood
David Wood

That's it man - this is one of the coolest things ever, to be out doing the same thing as before, with the same sized group, and have your income increase by almost 20% for basically.... ...nothing :)

David Wood
David Wood

Thanks Ray - I'm going to make a video on this here soon to explain the core differences, I got a feeling most people still don't 'get' what we've just been given. -dave

David Wood
David Wood

Ha ha - yeah, it is a bit harder, but just as easy to explain - I think we should leave most of the ranks to compensation plan training AFTER people get started :) -dave

Aki Wood
Aki Wood

I agree, I was going to cut a video that explained the whole thing, but then thought to myself, "I don't think anyone new needs to know anything past 4 star director." ...and honestly, most anyone that truly understood the infinity coded bonuses(which Numis already had) would probably have to change their shorts before pulling out their credit card to start. Unless one loves math, about the only thing someone needs to know is, "You get paid a lot more, it's easier to qualify for, easier to maintain qualification, and encourages team building." Personally, I don't like math a whole lot, except for counting checks and coins.

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