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P1B

How the
Action Fund works

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Riding in a Car

All payment funds pay according to the input and support of each individual member!

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Payments are made according to each members actions during the preceding fortnight.

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THE ACTION FUND CONSISTS OF 6 ACCOUNTS

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Each account accesses data from the app and from new membership nominations. This data is added to the data contained in the account from the previous fortnight.

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The 6 accounts are;

  • BA04-Introductions

  • BA05-Trips & Miles

  • BA06A-Stars

  • BA06B-Quiz & Questionnaire

  • BA07-Join Date

  • BA08-Action Fund Totals

T & M

BA05-
Action Fund: The 'Trips & Miles' Part

The amount for 'Trips & Miles' part of the Action Fund is calculated, and then divided out and shared with all member who qualify for this part of the fund

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To make a trip, you have to book it via the app and complete the ride to qualify. The app records the trip, the driver, the rider, the miles distance, and more.

 

The members total number of trips is recorded together with the miles travelled and the members coefficients is applied.   


See COEFS table on this the Introductions page

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The coefficient slightly skews the resulting amount paid in favor of the member's status and level.

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Where members do not qualify for a specific part of the Action Fund, this does not effect their payments from the other parts of the fund.

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Trips & Miles is a high paying part of the Action Fund.

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Both the number of trips and the miles covered for each trip, are used to form the final total share the member will receive.

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When a member makes no trips in the fortnight, or has not reached the minimums, no payment is received for the Trips & Miles part but all other parts are still paid.

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Note that Rider 2 has to make only 2 trips in the fortnight, or one a week but Rider 1 has to make twice that, or 2 a week.

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Rider 1 is paid at a higher rate than Rider 2, due to the coefficients applied.

Action Fund Payments for each part
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Minimums needed to qualify for the Introductions part of the Action Fund
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These are super low minimums and it's everyone who's serious about Jumps-in will complete their minimums easily.

BA05-
Action Fund: The Trips & Miles Part

Go to the next part: STARS GIVEN

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