Commission / Incentive Payout Policy
 

Each products/packages promoted through the channel partner are termed as One sale which will entitle the customer the products/services included in that package. Detail of individual package is available at
http://packages.planetdewsoft.com/

An Associate shall be paid commission incentive on all commissionable sales done by him or his team that has been built through his reference or the reference of his referral commonly termed as his business network. All commissions shall be paid after deduction of necessary TDS as applicable. Sales as mentioned include direct sales plus his team sales. The incentive includes the reimbursement of travel, marketing and other activities involved in promotion of the company product to the tune of 100%. The table below reflects the payout effective from 1st January 2013

Table1.1
Steps
No. of
Sales
Sales Ratio
Total Sales
1st Mile
Compensation
2nd Mile
Compensation Onwards
L:R or vice versa
Step 1
3
1:02
3
2000
-
Step 2
6
2:04 /3:3
9
3500
3500
Step 3
9
3:06 /4:5
18
3000
3500
Step 4
9
27
3000
4000
Step 5
9
36
4000
4000
Step 6
9
45
4000
4000
Step 7
5
2:03
50
10500
11000
Total
50
17:33 to 25:25:00
30,000
30,000

Every Channel Partner has two sides to build his business, commonly referred to as left and right. Sales must be done in both these sides in order to earn Incentive. Incentive is calculated on the ratio not greater than 1:2 to achieve the highest achievable target. For example

Table 1.2
Description
Left
Right
Total
Amount
Payout for
First week Sale
9
12
21
18 Sales
Step 1-3
For Incentive calculation 
9
9
18
8500/-
from table1.1
Carryover
0
3
3
 
Second week Sales
12
16
28
27 Sales
Total With Carryover
12
19
31
Step 4-6
For Incentive Calculation
12
15
27
11000/-
from table 1.1
Carryover
0
4
4
 
Third week sale
15
18
33
32 Sales
Total With Carryover
15
22
37
Step 7 + Step 2-3
For Incentive Calculation
12
20
32
17500/-
from table 1.1
Carryover
3
2
5
Table 1.2 Continued
Fourth week sale 12 0 12  
No Incentive earned
Total With Carryover 15 2 17  
For Incentive Calculation 0 0 0  
Carryover 15 2    

The Software keeps a track of step of payments (table1.1) for each individual, and calculates further steps and incentive earned from thereon. Incentive is paid only if the sales are in the ratio of 1:2. In the fourth week of table 1.2, he required at-least 3 sales in his right side to calculate and earn incentive of 9 sales(3+6), for the next Step 4 of table 1.1, he only had 2 sales, hence no Incentive is earned by him. There is no timeline for him to do this sale, all carryovers stay intact forever.

If he had done only ONE sale on his right he would have achieved his target of 9 sales, earning incentive of Rs.4000 as modified in table 1.3

Table 1.3
Description
Left
Right
Total
Amount
Payout for
Fourth week sale
12
1
12
9 sales of
Total With Carryover
15
3
17
Step 4 of table 1.1
For Incentive Calculation
6
3
9
4000
 
Carryover
9
0
9
 

50 Sales are called a Mile. Incentive is computed through customized software which has been running successfully since inception in year 2000 and is paid 4 times in a month. It is transferred directly to the associate’s account after verification of the same. The customer/Channel Partner must ensure that his  Account Information is updated with the company to avoid delays in disbursement of incentives. One may update the same by using the facility in the online dashboard available to you after log in, or by sending the copy of the check/passbook showing clearly.

  • Beneficiary Name
  • Bank Name
  • Account Number
  • Account type              
  • IFSC Code                     
  • Branch Name, City, State
    Via fax to 91-11-25716839 or email to c.care@planetdewsoft.com