Council of 13 - Compensation Matrix

The Compensation Matrix for the Council of 13 is designed to reflect the significance and responsibilities of each member within their respective verticals. This matrix includes both public and private benefits, ensuring that members are fairly compensated for their contributions while also fostering alignment with the values and mission of Hive Holdings LLC.

As we embark on the development phases of Hive Holdings LLC, the Council of 13's compensation structure is directly tied to the success and growth of our Assets Under Management (AUM). The compensation, based on 1% of AUM, will scale with the progression of our development phases.

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1% Management Fee on AUM (Assets Under Management)

The Council of 13 will receive a management fee of 1% of AUM, which will be distributed among the Council members according to their specific roles and contributions within their verticals. The following outlines the estimated compensation for each phase of development:

• Phase 1 (Estimated AUM: $149,000,000)

  • Total Management Fee: $1,490,000
  • This fee will be allocated among the Council members based on their verticals, ensuring that each member is compensated in line with their responsibilities and impact during the initial phase of development.

• Phase 2 (Estimated AUM: $320,000,000)

  • Total Management Fee: $3,200,000
  • As the AUM grows, so does the management fee, reflecting the increased scope and complexity of the Council's responsibilities. This phase will see a significant expansion in the Council's influence and the compensation they receive.

• Phase 3 (Estimated AUM: $500,000,000)

  • Total Management Fee: $5,000,000
  • In the final phase, the Council will be managing and overseeing a much larger portfolio, with the compensation reflecting the high level of governance and strategic oversight required.

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Benefits

1. Public Benefits

These benefits are visible to the wider community and highlight the value of being a member of the Council of 13.

• Public Recognition & Prestige: Council members are recognized as leaders in their fields, receiving public accolades and titles that reinforce their expertise and societal contributions.
• Leadership Development Opportunities: Members gain access to exclusive leadership training, mentorship, and professional development programs.
• Access to Strategic Networks: Council members can leverage Hive Holdings LLC’s broad network, connecting with global leaders, influencers, and industry experts.
• Speaking Engagements & Public Appearances: Opportunities to represent the Council at conferences, panels, and media events, elevating their public profiles.
• Public Influence: The ability to shape policies and initiatives that benefit communities, industries, and society at large, reinforcing their influence on a macro scale.
• Community Impact Recognition: Public acknowledgment of their role in supporting initiatives that benefit society, the environment, or specific industries.

2. Private Benefits

These benefits are more personalized and focused on the internal value provided to members for their dedication and integrity.

• Equity Stake Opportunities: Access to equity or profit-sharing in strategic initiatives or investments within their vertical.
• Private Financial Incentives: Performance-based bonuses or additional compensation packages for exceptional contributions or leadership.
• Exclusive Access to Private Resources: Council members gain access to research, strategic insights, and proprietary resources developed by Hive Holdings LLC and its partners.
• Wealth & Legacy Planning: Access to top-tier private wealth management, estate planning, and financial advisory services to ensure long-term prosperity.
• Private Retreats & Networking Events: Invitations to exclusive, high-level retreats and networking events with other Council members, elite professionals, and global leaders.
• Private Consultation Services: Access to legal, financial, or strategic advisory services from Hive Holdings LLC’s network of experts, as well as personal mentorship opportunities.
• Travel & Accommodations: Covered travel expenses for Council-related engagements, including luxury accommodations for meetings, conferences, or private events.

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Prerequisites

Membership in the 888 P.m.C

All prospective Council members must be part of the 888 P.m.C, a prerequisite that ensures alignment with the core values and missions of Hive Holdings LLC. Members of the 888 P.m.C are committed to upholding integrity, leadership, and societal contribution.

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Application Form

Link to form will go here.

The application form will consist of both comprehensive and general questions to ensure that prospective members align with the values of the Council of 13 and have the expertise necessary for their vertical.

1. Comprehensive Questions (Vertical-Specific)

• How has your expertise in [specific vertical] shaped your ability to influence positive change within your community or industry?
• Describe a major project or initiative you have led within your vertical and its long-term impact.
• How do you integrate innovation and ethical responsibility within your vertical’s industry?
• In what ways do you ensure that your work aligns with the core values of integrity, sustainability, and societal benefit?

2. General Questions (Pre-Screening)

• Why do you wish to join the Council of 13, and how do you see your role in advancing our mission?
• What principles do you believe are essential for ensuring ethical and responsible leadership?
• How do you balance public influence and private responsibility in your professional life?
• Are you a member of the 888 P.m.C, and how have you contributed to its initiatives?

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This compensation matrix ensures that the Council of 13 is not only rewarded for their significant contributions but also remains motivated to uphold the highest standards of integrity and governance as Hive Holdings LLC progresses through its development phases.

Proposed Bonus Structure for the Council of 13

To create a compelling and strategically aligned bonus structure for the Council of 13, the following framework is proposed. This structure is designed to incentivize exceptional performance, foster collaboration, and align with the long-term goals of Hive Holdings LLC.

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1. Strategic Goal Alignment

• Goal-Driven Bonuses: Bonuses are directly tied to the organization’s annual strategic goals. For instance, if expanding into new markets is a priority, specific bonuses will be awarded for successful market entry and establishment. This ensures that bonuses are aligned with the company’s overarching strategy.
• Tiered Bonuses: Introduce tiered levels where higher performance unlocks progressively larger bonuses. This creates a stronger incentive for exceptional performance, encouraging Council members to surpass basic targets.

2. Balanced Scorecard Approach

• Balanced Metrics: Utilize a balanced scorecard that includes financial, customer, process, and learning/growth perspectives. Bonuses are awarded based on a combination of these metrics, ensuring a holistic approach to performance.
• Impact on Key Metrics: Define key performance indicators (KPIs) for each vertical. Bonuses are tied to meaningful impacts on these specific metrics, ensuring that each vertical contributes to broader success.

3. Collective and Individual Bonuses

• Collective Success Bonuses: A bonus pool is shared among all members if the Council collectively meets or exceeds overall performance targets. This fosters teamwork and ensures alignment towards common goals.
• Individual Contribution Bonuses: In addition to collective bonuses, individual bonuses are awarded based on personal contributions, ensuring that high performers are recognized and rewarded appropriately.

4. Long-Term Incentives

• Deferred Bonuses: Implement a system where a portion of the bonus is deferred and paid out after a few years, contingent on sustained performance. This encourages long-term commitment to the organization’s success.
• Equity-Based Bonuses: Offer equity or options as part of the bonus structure, aligning the Council’s interests with the long-term growth and success of Hive Holdings LLC.

5. Non-Monetary Incentives

• Personal Development Opportunities: Beyond financial rewards, offer bonuses in the form of personal development opportunities such as executive education programs, leadership retreats, or sabbaticals for personal projects.
• Recognition Programs: Create high-visibility recognition programs where top performers are celebrated both within the company and externally, such as through press releases or industry awards, enhancing their professional reputations.

6. Dynamic Review Process

• Quarterly Performance Reviews: Introduce quarterly reviews where Council members receive feedback and potential bonus adjustments based on their performance throughout the year, ensuring continuous alignment with goals.
• Peer and 360-Degree Reviews: Incorporate peer feedback and 360-degree reviews into the bonus determination process, ensuring that bonuses reflect leadership qualities and collaboration, not just individual output.

7. Transparency and Communication

• Clear Communication: Ensure that all Council members clearly understand the criteria and processes for earning bonuses. Regular updates on performance relative to these criteria will keep everyone motivated and aligned.
• Performance Dashboards: Create dashboards that allow Council members to track their performance against bonus criteria in real-time, driving higher engagement and continuous improvement.

8. ESG Goal Integration

• ESG Bonuses: Incorporate bonuses tied to Environmental, Social, and Governance (ESG) performance, such as reducing the carbon footprint, improving diversity and inclusion, or enhancing governance practices. This aligns the Council’s work with broader societal values and stakeholder expectations.

9. Peer-to-Peer Recognition

• Peer-Nominated Bonuses: Implement a system where Council members can nominate their peers for bonuses based on outstanding contributions, fostering a culture of recognition and mutual respect within the Council.

10. Bonus Accelerator Program

• Accelerated Bonuses: For Council members who significantly exceed their goals, introduce an accelerator program where they receive a percentage increase in their total bonus, creating a powerful incentive for those willing to go above and beyond.

We encourages both individual excellence and collective success, aligning the Council’s efforts with the strategic goals of Hive Holdings LLC while fostering a culture of continuous improvement, collaboration, and long-term commitment.

 

[ COUNCIL OF 13 ] - Overview