Payout/ Deductions/ MG Plan
Q. How does this category work.
In this category customer books a bundle of Weekly service
Q. Payout frequency dates
Payouts will be released every 14-day cycle, which can be validated from the rich profile. Please check the screenshot below.
~To check if the partner is buffer or primary partner, go to Hubs, deposits and minimum guarantee under Edit Details on partner profile
| Payout Cycle | Every 14 Days Partner will get the payout the next day after the cycle ends |
| Partner Payout Components(General) | |
| A. Job value | |
| B. Incentives(+) | |
| MG Incentive | |
| Referral Incentive | |
| UC Coach Incentive | |
| Tips | |
| C. Deductions (-) | |
| UC commission | 20% on every job |
| Service Charge | 2% on every job |
| GST | 5% on every job |
| D. Net Earnings of the partner | |
| E. Easy Order (-) | 500 per cycle |
| F. Kit Loan (-) | 1000 per cycle (if currently going on) |
| Other Deductions | |
| G. TDS (-) | |
| Bank Transfer | |
| A. Minimum Gaurantee Job Value | ||||
1. Minimum Job Value to the partner. If total job value is less than the MG, we pay the difference 2. Partner's MG is dependent on their Current Rank and if they are Buffer or Primary Partner 3. Partner's actual job value can be more than the minimum job value. |
| B. Incentives | ||
| Type | Amount | |
| MG Incentive (If Actual Job Value< MG) | 74% of the difference | For Instance: MG: 15800 Actual Job value: 14000 Difference: 1800 MG Incentive: 1332 |
| Referral bonus for Normal Partners | 2,500 | |
| Referral bonus for Ambassador | 5,750 | |
| UC Coach Incentive | 2,000 | |
| UC Cancellation Protection Incentive | 100 on every job cancelled on CNR (currently not in use) | |
| C. Deductions on Job Value | |
| Paid To UC | |
| UC commission | 20% on every job |
| Service Charge | 2% on every job |
| Paid to Government | |
| GST | 5% on every job |
Note: Other Deductions (TDS) happen on certain conditions, please refer Table G
| D. Net Earnings | ||||
1. After deducting UC commission (20%), Service Charge (2%), GST (5%), on Job Value, partner's NET EARNINGS earnings are left to be 74% of the Job Value. 2. EasyOrder Wallet transfer and Kit Loan EMI are deducted from the net earnings to arrive at NET BANK TRANSFER | ||||
* Partner MG is same in case of new and bronze tier. | |||||
** Minimum Net Earnings in 14 day cycle is mentioned after deducting 1000 loan per cycle and 500 easy order per cycle. If loan deduction is disbursed then earning will increase by 1000. | |||||
*** Partner will get MG in case of strike (PIP) when defaulted on rating error but in other case he will not get mg and only job value will be transferred. | |||||
| D. Easy Order Recharge | |||||
| Rs 400 to 600 is transferred to partner's easy order wallet to order kit items per cycle. Note: It is not a deduction.The amount is transferred to Easy Order Wallet, a separate account visible on partner's app. | |||||
| E. Kit Loan EMI | |||||
| Header | Bangalore | Delhi* | |||
| Kit Loan Amount (After adding interest) | 11,710 | 11,710 | |||
| Loan Duration (Months) | 6 | 6 | |||
| Per Month Max EMI** | 2,000 | 2,000 | |||
| * Check Loan Status and Amount on Partner Profile--->Loans--->Loan type:Kit Loan (proceed if recory status is ongoing)--->Loan Process Details--->Final Payment Amount ** For any particular cycle's payout, check loan deduction in the last payout, the total should be below the max EMI amount per month. | |||||
| G. Other Deductions: TDS | |||||
| TDS on Earnings | |||||
Case 1 | Earnings less than 5,00,000 | 0.1% if Pan card is linked with Aadhar card (October onwards) 5% if Pan card is unavailable or not linked with Aadhar card | |||
| In case, at financial year's end, Partner couldn't EARN more than 5 Lakhs then Partner can get refund of the entire TDS deducted by Filing an ITR(Income Tax Return). UC will Provide TDS Certificate when requested. | |||||
Case 2 | Earnings more than 5,00,000 | 1% is deducted when the earnings go over 5 lakhs as Bulk TDS EMI recovery | |||
| 1% TDS will be deducted on every job after that | |||||
| TDS on Incentives | |||||
| Case 1 | Incentives less than 20,000 | No TDS | |||
Case 2 | Incentives more than 20,000 | 10% TDS if Pan and Aadhar are linked | |||
20% if Pan and Aadhar are not linked | |||||
| TDS on MG | |||||
| Case 1 | Actual Job Vaue> MG Job Value | No TDS | |||
Case 2 | Actual Job Vaue< MG Job Value | 10% TDS if Pan and Aadhar are linked | |||
20% if Pan and Aadhar are not linked | |||||
| Scenario | Action by helpline | |||||
| Expected Payout Inquiry | 1. Check Partner's cycle end date from rich profile and inform him the payout will be sent the day after the cycle ends 2. Check the Payout status from the Dashboard--> Logs-->Payouts | |||||
| Payout Delayed | 1. If partner has not received the payout even after the cycle date has passed, raise a bug on slack and tag Shekhar Sharma and Harshit Khurana | |||||
| Expected and actual earnings mismatch | 1. Check the Payout status from the Dashboard--> Logs-->Payouts and explain the earnings, deductions and incentive breakdown. 2. If there is any unwarranted deduction or actual bank transfer is different than dashboard, raise it on slack. | Query to check partner payout details | ||||
| Referral Incentive not received | 1. Check status from Dashboard-->Logs-->Referral tracking 2. If there is a mismatch, raise it on slack and tag Shekhar Sharma, Harshit Khurana, Parth Shah, Ananyam Dwivedi | |||||
| UC Coach Incentive not received | 1. Check Status from Dashboard---> Payouts--->Incentive--->UC Coach Incentive. 2. If there is a mismatch, raise it on slack and tag Shekhar Sharma,Harshit Khurana , Parth Shah, Ananyam Dwivedi | |||||