Compensation Plan - HC Group

Transcription

happy.coCompensation Plan

“WE ALL HAVETHE RIGHTTO BE HAPPY.”DR GAETANO ZANNINI

Welcome to the Happy.Co Career& Compensation PlanWhether you are looking for a part time income of a few hundred euros a month,enough to replace your full time job, or turning your Happy.Co business into a sixfigure monthly income, you can do it here with Happy.Co.We’ve made the rewards of sharing the Happy.Co products simple and you canstart earning right away. With Happy.Co’s revolutionary new products, building ateam is easy and with Happy.Co’s Comp Plan your earning potential is unlimited.You have 3 ways to share Happy.Co products with othersand each way provides you with income:1RETAIL CUSTOMER2PREFERRED CUSTOMER3HAPPY.CO PARTNERAs a Business Partner you have 5 ways to earn with Happy.Co withimmediate or short term, medium term and long-term benefits.IMMEDIATE1 Retail Profit2 First Order BonusMEDIUM TERM3Team BonusLONG TERM4 Leadership Bonus5 Happy BonusHappy.Co / Compensation Plan2/3

Retail Customer, Preferred Customerand Happy.Co Partner1Retail Customer: This is for someone who typically purchasesproducts only once in a while.2 Preferred Customer: This is for someone who wishes to purchaseproducts regularly for himself only.3 Happy.Co Partner: his is for someone who can earn bonuses andTbenefit from the Career & Compensation Plan.Immediately / Short TermThese bonuses are designed to generate immediatecash flow into your business.1 Retail ProfitsIt’s simple: buy at wholesale, sell at retailOnce your friends try the Happy.Co products,they will want to have them every day. We makeit easier for them and profitable for you. As aHappy.Co partner you’ll be able to purchase theHappy.Co products at a wholesale price to resellto your customers for a Retail Profit.RETAILCUSTOMERYOURETAILCUSTOMERWhen you sell a product at a retail priceYOU KEEP THE DIFFERENCE2 First Order BonusThe First Order Bonus is based on the first order with products placed by everynew personally enrolled Business Partner.With First Order Bonus you are able to generate income to your business rightaway. For every person that you personally enroll you will receive a Bonus of 20%,up to 30% with JOKERS, of the Commissionable Volume of their first order.20 30YOUup to%

Medium TermThe real potential of the Happy.Co’s Plan opens up to you when you start to builda team. It’s all about sharing the products and business potential and teachingothers to do the same. These bonuses also help you by structuring and developingyour organization.3 Team Bonus (Binary)Happy.Co’s Team Earnings or Team Volume Commissions (TVC) are paid accordingto what is called a Binary pay plan. That means that when you enter the businessyou are placed in one of the two legs / teams (left or right) in your sponsor’sorganization. You’ll then be compensated for a successful building the two legs /Teams of your own.To encourage you to build a business with a solid, stable and balanced structure,you’ll qualify for commissions on the leg that generates less total CV in sales forany given month, this is considered your “lesser leg” for that month. Happy Copays 10% of the Commissionable Volume on your lesser leg.YOUBUSINESS CENTERLEG 1LESSER LEGLEG 2Happy.Co / Compensation Plan4/5

Every product purchase and sell by the team members in each leg is convertedinto “Commissionable Volume” or CV as every product has a CV value assignedto it. To start earning Team Bonus (TVC), stay active every month by generating80 CV of Personal Volume and have at least one personally-sponsored activeBusiness Partner.It’s really very simpleAll you have to do is to build your team by adding two Business Partners to beginwith, and then help each of them find two more. Just like you did, your two andtheir two are placed in your right or left leg, and when everybody follows thissimple model your business grows exponentially.While many companies only pay commissions on several levels deep, with Happy.Cothere is no “breakaway”, which means that you will continue to earn 10% of theentire Commissionable Volume of your lesser leg every month, no matter howmany levels you have in your structure.The maximum allowable under the Team Volume Commission per month is 20,000on Commissionable Volume of 200,000 or greater in your lesser leg.Business CenterRemember that you are allowed to build additional legs/teams, what we call a«Business Center», as your business grows. When you reach the maximum allowablefor your 1st Business Center, you can open the 2nd Business Center and than the3rd Business Center. This means you can earn a maximum income of 60,000 ofCommission just from the TVC Bonus every month.Happy.Co rewards your activity by allowing you to Carry Overvolume to the next month*. Carry over gives you the abilityto never loose the difference of the CV volume betweenthe legs. It will ALWAYS be automatically moved to thenext month as long as you are active and qualified.*Carry Over Rules: Should a Partner remain inactive, anyaccumulated volume for the current commission periodwill be flushed. If the Partner is Active, but not Qualifiedthe accumulated volume will be carried over for onemonth. If the Partner is Active but not Qualified for twoconsecutive months, the accumulated volume will becutted in half. If the Partner is Active but not Qualifiedfor three consecutive months, the accumulated volumewill be flushed.

Long Term IncomeAs a Happy.Co Business Partner, your focus will be on creating a Retail andPreferred Customer base, as well as building an organization, or team of otherBusiness Partners.As you progress through the Happy.Co’s Career and Compensation Plan, you willearn increasing commissions based on the product sales generated throughoutyour organization. These bonuses can provide a long term, full or part time income,which can start you on the path towards your financial goals.The Leadership Reward Bonus section of the Compensation Plan is called a Matrixor Unilever with Compression. That means you will earn a percentage through acertain number of levels of referral within your organisation or Tree. The higherrank you achieve, the more levels from which you can earn commission.The Happy.Co compensation plan uses compression to allow you to earn on salesoriginating down deeper within your referral line. A level is determined by an activeBusiness Partner.REFERRAL TREEYOU1ST GENERATION(personally enrolled)2ND GENERATION(enrolled by the 1st generation)3RD GENERATION5TH GENERATION6TH GENERATION7TH GENERATION4TH GENERATIONHappy.Co / Compensation Plan6/7

4 The Leadership Reward Bonus (LRB)Your long term earning potential with Happy.Costarts with the people you directly sponsor andgrows with the ones they sponsor.The LRB awards you for any personallysponsored active Business Partner, theirpersonally-sponsored active BusinessPartners, and so on, up to seven levels deep,no matter which binary leg they are on.This reward will make you seeing yourbusiness in an altogether different light (it is anaddition to the Binary awards) and rewards yousignificantly for the sales generated by your team.You start earning Leadership Rewards Bonus whenyou become a Business Partner and every time youadvance in rank your earning potential increasesbecause you qualify to go deeper in your personalenrollment tree.How much does it pay?The LRB offers you up to 50% of the Commissionsbeing earned from the Team Volume Commissionin your sponsorship 00435%8%8%8%4%4%Diamond50,000640%8%8%8%8%4%4%Blue Diamond100,000845%8%8%8%8%8%4%Black Diamond200,0001050%8%8%8%8%8%8%Pink Diamond400,00010*50%8%8%8%8%8%10%Silver* 2 Emerald personnally sponsored

5 Happy BonusAs your sales organization grows, you can enhance your opportunity for bonusesby qualifying for or reaching defined leadership levels which ascend from Ruby,through Emerald, Diamond, up to Blue Diamond and Black Diamond and highestof all Pink Diamond.To show how much we appreciate our top producing field leaders and rewardthose who have helped the most people in their organization to develop and growtheir business. Each month we reward our leaders with a Happy Bonus of betweento 10,000 per month.This is your money to spend however you want to for travelling, charity, cars,home, your child’s trust fund or your retirement fund, or whatever else you wouldlike to spend it on.This is just another way in which Happy.Co shows that it’s a company that caresabout your success and really pays you for your hard work.LEADERSHIP LEVELRubyHAPPY BONUS (PER MONTH)e 1,000Emeralde 2,000Diamonde 3,000Blue Diamonde4,000Black Diamonde 5,000Pink Diamonde 10,000Happy.Co / Compensation Plan8/9

Summary20 30%up toFirst Order BonusBONUSe 19Average Retail Profite 15Average PreferredCustomer Profit10%Team Volume Bonusup toup to50%LeadershipReward Bonuse 10,000Happy Bonus

GLOSSARYActive: A status that any Business Partner can reach by generating a minimum of80 CVs in Personal Volume per month.Qualified: A status that any Business Partner can reach by being active and havingat least one personally sponsored active Business Partner. Being qualified meansa Business Partner can earn bonuses and is eligible to benefit from the Career andCompensation Plan.Auto Ship: An optional program that allows Customers and Business Partnersto create a monthly standing orders with Happy.Co’s products that are beingprocessed o a selected date at a wholesale price.Binary: The method used to calculate team commissions, in which Business Partnersare arranged in a structure of a tree with two legs (left and right), and commissionsare paid on the sales volume of the weaker sales volume leg.Business Partner: The term used for all independent distributors who are eligibleto participate in the Career&Compensation Plan.Personal Sponsor: The person directly responsible for enrolling a new BusinessPartner.Compression: The possibility of accumulating sales volume from multiple levels ofBusiness Partners and only counting as one pay level.Personal Enrollment Tree: The line of referral that is tracked from enroller to enroller.Rank: The level of Active Business Partners according to the size and structure oftheir organization.CV: Every purchase of product by the team members in each leg / team is convertedinto “Commissionable Volume” ,or CV, as every product has a CV value assigned to it.Downline / Group / Team / Organization: People directly enrolled by an independentBusiness Partner plus all the people whose line of sponsorship resulted from andcame through that independent Business Partner. Your downline consists of allindependent Business Partners on all levels through unlimited depth.Commission Universal limit: Happy.Co has a particularly rewarding and generousCompensation Plan. Happy.Co applies an universal limiting system to maintainthe business healthy and financially viable. The limit is currently set as 55% of theturnover.Happy.Co / Compensation Plan10/11

FLUENT COMPENSATIONLondonParisNew YorkSan FranciscoMadridMiamiIt’s time to shareRio de Janeiro

allowing you to developyour business freely across the worldMoscowBerlinWarsawKievRomeTokyoShanghaithe Happiness!SydneyHappy.Co / Compensation Plan12/13

It’s time to be happyBonuses and commissions are based strictly on individual performance. No commissions are paid for recruiting of new Business Partners. Commissions are onlypaid on the sale of products.Happy.Co makes no guarantees of income--results depend solely on the efforts ofeach individual Business Partner.This document is designed to offer an overview of the generous benefits offeredby Happy.Co to those individual Business Partners who put in the work necessaryto build a successful Happy.Co business.

The Happy.Co compensation plan uses compression to allow you to earn on sales originating down deeper within your referral line. A level is determined by an active Business Partner. Happy.Co / Compensation Plan 6/7 REFERRAL TREE 1ST GENERATION (personally enrolled) 5TH GENERATION 2ND GENERATION (enrolled by the 1st generation) 6TH GENERATION .