Membership Application
- Dear associates, group have system-generated membership application form for registration of your membership with BIJO Group and membership code generation after going through associate application form and verification to information provided in with attached related proof, please ensure at the time applying for membership age should be 20 years, also company has set exit age is 70 years, after exit membership code gets terminated.
- Company will not allow using company goodwill for any personal or professional dealing purpose without legal permission of the admin board. All mentioned information in application form and attached supportive documents will be used for internal record of management panel of BIJO Group, there would be acceptance or decline of application after verification process.
- The proposal approval or rejection, also fixed or variable incentive and incentive payouts are the final decision of board. If any information or representation is found to be incorrect or if any material information is detected or any action is found to be in contravention by applicant, as per code of conduct or rules of the company will terminate membership at spot without any notice.
- The company hopes that during period of membership, associate will act honestly, faithfully, diligently and efficiently for the growth of the company, associates are expected to maintain utmost secrecy in regard to the affairs of the company and shall keep confidential any information, documents relating to the company and associate that may come to professional knowledge as a member of the company.
- After membership code generation there will be a mandatory training of three days, any leave during training period will have leave without pay (LWP) and if any associate leaves the organization during training there is no provision for any payout or full and final settlement, all benefits (OD, Leave, FNF) will be applicable only after completion of associate training.
- Associate will have to give notice of ONE month or emergency notice of SIX days at the time of leaving. If associate left the organization without notice will not eligible for any dues, payouts or full and final settlement amount, in case of any dispute or dissolution company will terminate membership without any dues, payouts and full and final settlement amount.
- For exit an associate has to follow the mutual separation process, in order to disobey there will be a penalty of ₹5 thousand including interns across functions. interns mandatorily need to serve for minimum six months to get all concerned experience documents. Interns have to undertakes to keep technical and commercial information of each other secret, except for publicly available information which has become known to them while executing the present agreement and not transfer it without a written consent from its legal representatives.
- Associate with the company calls for whole time membership and will devote exclusively to the business of the company, associate won’t take up any work on an advisory capacity or be interested directly or indirectly in any trade or business during membership without written permission with the concerned legal department of the company.
- Associate would be receiving fixed incentive (part of revenue) in between 1stto 5th of every month and variable incentive (part of revenue) as weekly from Monday to Saturday will be credit on coming Monday. The payouts and its duration are subject of product and services, any part of payout taken by associate as advance, would be settled in incentive (part of revenue) of next month and would not be carry forward, the advance system is applicable after sixth month compilation of membership in company.
- Associate will be eligible for payout, contests, and other fixed or variable scheme, also eligible for allowances subject to target and achievements, loss of pay will be deducted from fixed or variable incentive. Company will deduct charity donation amount which comes only 1% of net earned incentive every month and it will be use to donate as charity to orphanage, old age homes, cancer patients, poor students and other needy dependent particulars, also professional tax will be deducted as per the state slab from net earned incentive, company will credit minimum net earned incentive ₹1 thousand and not less than it.
- Saving Fund Contribution is the concept in which company will deduct part of basic incentive, SFC will be calculated on level revenue incentive and group revenue incentive. GRI will be calculate as direct downline converted business and it will be given for supporting to downline associate to achieve their targets. 25% SFC book balance always will remain in company’s fund account as when associate will take exit or company will terminate the service of the concerned associate for any reason or in any uncertainty case, company will credit whole SFC balance to the nominee with full and final settlement amount in registered bank account in system. SFC is the internal saving fund contribution scheme, it is applicable to all associate of the group vertical, SFC withdrawal limit is 75% holding of SFC book.
- Incentive Liquidity Plan applicable to all payout and it will be calculated on net revenue base and it will be shared as per incentive liquidity slab. Net revenue will be calculated on the bases of service and vertical weightages. Recruitment and activation incentive will be released after 30 days, direct downline incentive will be released after 60 days, contest incentives will be released after 90 days, all payout will be calculated up to mark accordingly. BIJO Club membership incentives will be calculated annually and it will be applicable for whole vertical of group, company will announce winners and award reward in mahaan-milaap concert.
- Company gives to associates accidental death cover of ₹5 lakh or accidental permanent disability cover of ₹10 lakh through principal service provider company and in natural death company itself providing through inhouse concept a survival contribution of ₹50 thousand, contribution concept is designed by the company to do a little helping hand contribution to help dependent during active membership. Company will credit and handover final closer settlement amounts and things in case of uncertainty to the registered nominee or appointee in system as per nominee and appointee greed. Company needs a soft copy of the claim form with enclosed all related documents from the concerned mail ID to the claim department, claims will be settled in duration of 100 days from the claim, the claim will be acceptable after 100 days of registration of membership in system.