Notice of Launch of Velocity by Nu Skin and Replacement of current Sales Compensation Plan (December 1, 2018)

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Notice of Launch of Velocity by Nu Skin and Replacement of current Sales Compensation Plan

December 1, 2018

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Dear Business Partners,

 

In January 2018, we introduced an exciting new option for title advancement. As we strive to achieve Nu Skin’s vision to become the world’s leading opportunity platform, we’re pleased to continue the introduction of Velocity by Nu Skin® with the full launch of our new Flexible, Fast, and Fulfilling performance pay program.

 

Velocity by Nu Skin rewards you as you Share, Build, and Lead. No matter your goals, your style and your Nu Skin journey will be distinct to you. You choose your path—and your pace.

 

Effective January 1, 2019, the full Velocity by Nu Skin program will replace the current Sales Compensation Plan. Please see below for more information.

 

We are truly excited to fully launch Velocity by Nu Skin in our market! Thank you for your enthusiasm as we adopt these incredible innovations that will help you reach your fulfilling future while improving other’s lives.

 

Nu Skin International, Inc.

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Notice of Launch of Velocity by Nu Skin and Replacement of current Sales Compensation Plan

 

Launching Velocity by Nu Skin

In December of last year, we announced a Velocity Title Determination alternative, which became effective on January 15, 2018. Velocity Title Determination provided alternative requirements for determining your Title and associated number of paid Generations as a Brand Representative.  

 

Effective January 1, 2019, full Velocity by Nu Skin will replace the current Sales Compensation Plan.

Full Velocity by Nu Skin introduces Sharing, Building and Leading Bonuses. To review the Velocity by Nu Skin brochure please click here. For additional information, please contact your Executive Partners.

 

Transition Timing and Details

As previously announced, prior to July 1, 2018, the Title requirements of the pre-Velocity plan (the plan in effect prior to January 15, 2018) will continue to apply to all Brand Affiliates (Distributors), unless they previously opted into the Velocity Title Determination alternative.

 

Beginning July 1, 2018, requirements for determining your Title will be based on Velocity by Nu Skin (including the adjusted Leadership Team requirements) and the Title requirements of the pre-Velocity plan will no longer apply except as follows:

 

  • Unless they have decided to opt in to Velocity Title Determination, Brand Affiliates (Distributors) who achieve a paid title of Executive Brand Partner (Ruby Executive) or higher in April, May, or June 2018, will continue to have their Title determined by the Title requirements of the pre-Velocity plan through June 2020.

 

  • Unless they have decided to opt in to Velocity Title Determination, Brand Affiliates (Distributors) who achieve a paid Title of Executive Brand Director (Blue Diamond Executive) or higher in April, May, or June 2018, may continue to participate in the Title requirements of the pre-Velocity plan.

 

If you have already opted into the Velocity Title Determination alternative, or you opt in prior to July 1, 2018, then the Velocity Title Determination alternative will continue to apply to you. For additional information, please contact your Executive Partners.

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