Professional Documents
Culture Documents
Q 4 Policy
Q 4 Policy
Q 4 Policy
1] Monthly Target Linked Incentive (MTLI): All Power Brigade Dealers get the opportunity to maximize their
earnings on Exide Vehicular Batteries by (a) purchasing more and going beyond their MBVT Targets & (b) by
purchasing & promoting a better mix of brands.
On achievement of SEGMENT-WISE
ADDITIONAL BRAND LINKED INCENTIVE
below mentioned criteria TARGET LINKED INCENTIVE
of Vehicular MBVT Other Vehicular Cabby,
Epiq & Eezy &
(Car + Other Vehicular CAR Types Mileage Eko, Gold
Matrix Xpress
w/o E-Rick) (w/o E-Rick) & Kisan
130% BV Target Achievement 3.25% 2.50% 3.00% 2.00% 1.50% 1.00%
115% BV Target Achievement 2.50% 1.75% 2.50% 1.50% 1.00% 0.75%
100% BV Target Achievement 2.00% 1.25% 2.00% 1.00% 0.75% 0.50%
95% BV Target Achievement 0.75% 0.50% 1.00% 0.75% 0.50% 0.25%
On achievement of SEGMENT-WISE
ADDITIONAL BRAND LINKED INCENTIVE
below mentioned criteria TARGET LINKED INCENTIVE
of Vehicular MBVT Other Vehicular Cabby,
Epiq & Eezy &
(Car + Other Vehicular CAR Types Mileage Eko, Gold
Matrix Xpress
w/o E-Rick) (w/o E-Rick) & Kisan
130% BV Target Achievement 3.15% 2.40% 2.90% 1.90% 1.40% 0.90%
115% BV Target Achievement 2.40% 1.65% 2.40% 1.40% 0.90% 0.65%
100% BV Target Achievement 1.90% 1.15% 1.90% 0.90% 0.65% 0.40%
95% BV Target Achievement 0.75% 0.50% 1.00% 0.75% 0.50% 0.25%
2] Car Battery Target Achievement Incentive (CBTAI): All Power Brigade Dealers get the opportunity to earn
additional 0.50% incentive by achieving 115% of their Car battery targets in each month.
3] Growth Over Previous Month Incentive (GOPM): All Power Brigade Dealers can earn additional incentive every
month by simply showing growth over previous months offtake of Vehicular (w/o E-Rick) Batteries.
Dealer Category (PB Tier) Growth over Previous Month Incentive %age
Titanium 2.00%
Platinum 3.00%
Diamond 5.00% 0.15% payable on
Gold 7.00% achieving months NSV
Silver 10.00%
Bronze 14.00%
All Power Brigade Dealers will be entitled for 0.75% Annual Target Linked Incentive for achieving 100% of their
Vehicular Annual Target (Car + Other Vehicular w/o E-Rick).
EXIDE CARE BONUS: Power Brigade Dealers with Exide Care status are entitled to 0.05% EXTRA INCENTIVE on
achievement of their Vehicular Annual Target.
For detailed Terms & Conditions, please refer to Exide Incentive Policy Terms & Conditions Document. The above policy, terms and
conditions are indicative only and not exhaustive. Exide Industries Limited reserves the right to withdraw or change partially or wholly any
or all of the above without prior notice
Capitalize on the ever-growing demand for Exide 2-Wheeler Batteries to make more profit. Achieve your MBVT
or stretch yourself a little more and go beyond to earn extra profit.
All Dealers will be entitled for 0.75% Annual Target Linked Incentive for achieving 100% of their 2-Wheeler
Annual Target.
EXIDE CARE BONUS: Power Brigade Dealers with Exide Care status are entitled to 0.05% EXTRA INCENTIVE on
achievement of their 2-Wheeler Annual Target.
For detailed Terms & Conditions, please refer to Exide Incentive Policy Terms & Conditions Document. The above policy, terms and
conditions are indicative only and not exhaustive. Exide Industries Limited reserves the right to withdraw or change partially or wholly any
or all of the above without prior notice
1] EXIDE CARE INCENTIVE: All Power Brigade Dealers who have an existing Exide Care outlet and has maintained it
as per the norms will be eligible for 1% Annual Incentive on the overall NSV during the year. For new Exide Care
outlets implemented in 2019-20, the incentive will be valid from the month in which the outlet is approved by
CMO.
2] TOTAL TURNOVER ACHIEVEMENT LINKED INCENTIVE: All Dealers who achieve their Annual Total Turnover
Targets will be entitled to 0.75% incentive on their overall NSV (E-Rick will be considered for calculating
achievement only – no incentive will be payable on E-Rick offtake value).
3] HIT INCENTIVE: All Power Brigade Dealers will be eligible for 1.5% HIT Incentive on Vehicular (w/o E-Rick) and 2-
Wheeler NSV based on their entitlement of HIT sales. Maximum 35% of Vehicular & 2WH primary purchases of a
Dealer will be considered for this incentive. Designated HIT dealers will be entitled to this incentive up to a
maximum 85% of Vehicular & 100% of 2WH primary purchases (however, if any HIT Dealer has a Combined
(TR+MT+NV+HU) Bill Value Offtake < Rs. 10L in a particular month, his HIT Incentive will be calculated only up to
a maximum 35% of primary purchases for that month). Only Humsafar Sales registered on Humsafar Billing
Software with Battery Serial Numbers will be eligible for HIT Points.
4] CONSUMER SALES REGISTRATION INCENTIVE (CSRI): All Dealers will be entitled to CSRI benefit as detailed below
for all Consumer Sales Registrations initiated and completed by them through the Exide specified system:
Segment Amount Payable per Unit Registered
Vehicular (w/o E-Rick) Battery Rs. 45/-
2-Wheeler Rs. 15/-
Inverter Battery Rs. 45/-
5] POWER BRIGADE SOFT BENEFIT: All PB Dealers will be eligible for soft benefits as detailed below depending on
their PB 2019-20 Tier.
6] CHANNEL FINANCE INCENTIVE FOR GROWTH IN TURNOVER: All Dealers who avail of CF facility from the CF
Partner Banks are eligible for 0.75% incentive. Qualifying amount would be the additional off-take value over and
above the previous year’s off-take value for the month subject to minimum growth of 10%. Such incentive would
be disbursed through monthly credit notes.
7] RTGS & CASH DISCOUNT INCENTIVES:
a) 0.75% on RTGS amount for payments received through RTGS - to be disbursed through monthly credit notes.
b) 0.50% Cash Discount – payable on the face of invoice.
For detailed Terms & Conditions, please refer to Exide Incentive Policy Terms & Conditions Document. The above policy, terms and
conditions are indicative only and not exhaustive. Exide Industries Limited reserves the right to withdraw or change partially or wholly any
or all of the above without prior notice
VEHICULAR BATTERIES:
1] Monthly Target Linked Incentive (MTLI): Take the opportunity to maximize your earnings on Exide
Vehicular Batteries by (a) purchasing more and going beyond your MBVT Target and (b) by purchasing
and promoting a better mix of brands.
On achievement of SEGMENT-WISE
ADDITIONAL BRAND LINKED INCENTIVE
below mentioned criteria TARGET LINKED INCENTIVE
of Vehicular MBVT Other Vehicular Cabby,
Epiq & Eezy &
(Car + Other Vehicular CAR Types Mileage Eko, Gold
Matrix Xpress
w/o E-Rick) (w/o E-Rick) & Kisan
130% BV Target Achievement 2.25% 1.50% 2.40% 1.40% 0.90% 0.65%
100% BV Target Achievement 1.50% 1.00% 1.90% 0.90% 0.65% 0.40%
2] Annual Target Linked Incentive (ATLI): You are also entitled to 0.75% Annual Target Linked Incentive
for achieving 100% of your Vehicular Annual Target (Car + Other Vehicular w/o E-Rick).
2-WHEELER BATTERIES:
1] Monthly Target Linked Incentive (MTLI): Capitalize on the ever-growing demand for Exide 2-Wheeler
Batteries to make more profit. Achieve your MBVT or stretch yourself a little more and go beyond to
earn extra profit.
3] Annual Target Linked Incentive (ATLI): Get 0.75% Annual Target Linked Incentive for achieving 100%
of your 2-Wheeler Annual Target.
1] TOTAL TURNOVER ACHIEVEMENT LINKED INCENTIVE: All Dealers who achieve their Annual Total
Turnover Targets will be entitled to 0.75% incentive on their overall NSV (E-Rick will be considered
for calculating achievement only – no incentive will be payable on E-Rick offtake value).
2] CONSUMER SALES REGISTRATION INCENTIVE (CSRI): All Dealers will be entitled to CSRI benefit as
detailed below for all Consumer Sales Registrations initiated and completed by them through the
Exide specified system:
Segment Amount Payable per Unit Registered
Vehicular (w/o E-Rick) Battery Rs. 45/-
2-Wheeler Rs. 15/-
Inverter Battery Rs. 45/-
3] CHANNEL FINANCE INCENTIVE FOR GROWTH IN TURNOVER: All Dealers who avail of CF facility from
the CF Partner Banks are eligible for 0.75% incentive. Qualifying amount would be the additional off-
take value over and above the previous year’s off-take value for the month subject to minimum
growth of 10%. Such incentive would be disbursed through monthly credit notes.
4] RTGS & CASH DISCOUNT INCENTIVES:
c) 0.75% on RTGS amount for payments received through RTGS - to be disbursed through monthly
credit notes.
d) 0.50% Cash Discount – payable on the face of invoice.
For detailed Terms & Conditions, please refer to Exide Incentive Policy Terms & Conditions Document. The above policy, terms and
conditions are indicative only and not exhaustive. Exide Industries Limited reserves the right to withdraw or change partially or wholly any
or all of the above without prior notice
SIGNATURE:
DATE: 1st January 2020 1st January 2020 1st January 2020