One24 - The Compensation (Platinum Bonus Pool)

I may or may not have mentioned it in a previous post, but One24 pays out 50% of its monthly earnings to its members (PCs).  Let me say that again in a different way.  Every month One24 takes 50% of the earned revenue and pays it out in commissions to its PCs.  I've already spoken about the green, silver, and gold income streams, so now it's time to discuss the platinum!  The One24 platinum bonus pool is a handsome reward for those that decide to really put some effort into building their businesses.  One24 puts 6% (increased from 4% to 6% in September 2011) of the company's total monthly earnings into the platinum bonus pool, which is reserved for PCs who have been successful bringing other PCs into the business.  In order to qualify for the platinum bonus a PC must have personally brought in six PCs that have personally brought in two PCs that have personally brought at least one PC into One24.  Basically this structure provides an incentive for One24 PCs to not only bring a few people into the company themselves, but to also work with their teams and show them how to do the same thing.  This goes back to the core principle of One24 which is "people helping people," and the primary reason why I got involved in this program!  

A One24 PC qualifies for his/her first share of the platinum bonus pool by bringing in six PCs that have each brought in two PCs that have each brought in one PC.  However, a second share of the platinum bonus pool is earned once that PC brings in his/her seventh PC who has brought in two PCs that each have brought in one PC; and the cycle continues up until the allowable max of 7 shares is reached.  Can you imagine what this would do to your monthly income?  Let me break it down for you.  When a One24 PC brings in one PC who has brought in two PCs that each have brought in one PC, there is a total of five people in that group.  So in order to qualify for the first share of the platinum bonus pool a One24 PC needs to have six groups of five, which equals 30 PCs total.  Now obviously by the time you qualify for your first share of the platinum bonus pool you would have already maxed out the silver performance bonus with five shares, to go along with the green and gold income you would have generated (including the matching bonus which I will discuss in my next post).  Therefore, you are probably already receiving a pretty healthy residual income check.  Add in your first share of the platinum bonus pool and that check has grown by at least a few hundred dollars and/or potentially doubled instantly!  Qualify for a few more shares and you are looking at checks that are having thousands of dollars added automatically just from the platinum bonus!  For example, if the platinum bonus pool contained $200,000 and there were 1000 qualifying shares, then each share would be worth $200 and someone with 5 shares would have an additional $1,000 in their check!

As you have seen, One24 has multiple streams of income available to its PCs.  The reality is that some people may never qualify for the platinum bonus pool because they will just choose not to do what it takes to get there.  Fortunately for them, One24 has designed a compensation plan so that even those that never put in any work can WIN!  Although I think it is great that someone can receive compensation just for taking advantage of using the great One24 products and never bring in a single person; I also think that it is important for the company to reward those that build the company by bringing in new PCs who share the vision of One24, push the products, and teach others to do the same.  As the company continues to grow everyone continues to be rewarded, but those that are stimulating that growth are deservedly being rewarded a little bit more and a little bit faster.  At the end of the day EVERYONE WINS as long as they remain a part of One24 and "stay connected."  Stay tuned for details on the "matching bonus" and how it adds to this already lucrative compensation plan....