EqPeak Compensation Plan
The success of EqPeak as a company is only possible through the success of our members. We are proud to present one of the most lucrative compensation plans in the industry, which reward leadership and hard work by offering as much as €20,000 in weekly binary bonuses along with unlimited ongoing income in our uni-level Trading Brokerage plan.
1. Binary RMR Bonuses
When you join EqPeak you get access to a private member lounge from which you can run your home-based business. To activate a lounge to receive income you have to sell (or purchase for yourself) products for a minimum of 100 RMR Points (depending on the level of membership). Then the member is enabled to start accumulating RMR Points towards bonuses.
- To receive payments, that is, to transform RMR Points into money, members must also have personally sold products equivalent to 150 RMR Points, 75 in the Left Team and the equivalent of 75 RMR Points in the Right Team. Altogether products must have been sold for a minimum of 250 RMR Points to begin receiving bonus payments.
- To step there must be 600 RMR Points of sales in your organization. You need 300 RMR Point sales on each side. When this happens you create a “step”.
- Each step is equal to your RMR Points multiplied by an X-factor which initially is set to 1.25 and gives bonuses in Credits. 10 Credits is equal to EUR €1.
- RMR Points older than 6 months are flushed. It means that you have 6 months in which to use the accumulated points in order to be paid. When flushing, the first in – first out principle is used.
- Additional Sales carry forward as held volume. Qualifying Sales can come from any team member, this includes sales made by people in your upline to their members that are within your organization. This is what makes a Binary Plan so powerful!
EqPeak packages that count towards the Binary are the following:
- Executive Package (Recommended) €299 150 RMR Points 2990 Credits
- Standard Membership €99 75 RMR Points 990 Credits
How to calculate the value of a step
The RMR Points earned in a step are multiplied by the x-factor, which is normally 1.25.* As an example, a step could consist of 600 RMR Points. Multiply 600 by the X-factor of 1.25 and you know your payment for the step will give you €75.00.
- * In any given week, if the allocated ratio of gross incoming sales is not enough to cover the commissions/bonus payout, the x-factor will be slightly adjusted. If the company wants to increase the out payment for any reason, the x-factor will be adjusted slightly. This will slightly reduce or increase the normal exchange rate of RMR Points, but will ensure the long term income opportunities with EqPeak for all members.
Qualifications: Must be Active and Qualified
Important Compensation Terms Defined:
To get activated:
If you purchase a Standard, Executive or VIP Executive, you will get activated. If you have a Default or Free membership, you will get activated when you have accumulated a total of 200 RMR Point from sales. The 200 RMR points are used to activate your center. Members with an Active status will accumulate binary volume for a period of 6 months at which point the volume will be flushed on a time stamped first in first out basis
A member that is active and has met the following qualifications:
1. Generates at least 100 RMR Points to activate the income lounge by personally selling or purchasing EqPeak packages in any combinations that give at least 100 RMR Points combined.
2. Personally sells products to earn at least 75 RMR Points in each team (at least 75 RMR Points on Team 1 and 75 RMR Points on Team 2.)
Relationship Marketing Reward Points is the name of the point value that is generated when products are sold. These points are awarded to you in your Binary organization anytime anyone in your team markets EqPeak products and services. These points are used in calculating your Binary Bonus.
The sale of product packages adding up to 600 RMR Points in your binary organization where the sales are split between your 2 teams such that no more than 400 RMR Points come from any one team. A step triggers a bonus which can be calculated by adding the RMR Points in the step and then multiplying them by the x-factor. Normally a step is equal to 750 Credits, or €75.
The number which is multiplied by the combined RMR Points in a step in order to compute the payout value. The X-factor value is normally 1.25, but in any given week, if the allocated ratio of gross incoming sales is not enough to cover the commissions/bonus payout, the x-factor will be adjusted slightly.
A customer is a person that does not wish to participate in the marketing side of EqPeak. They will have access to all products as a customer, but will not have access to any Distributor tools.