This report is for those of you who still think NHCD is a legitimate company that isn't trying to make money off of its' reps. This company is in complete financial disarray at this time. This makes me quite happy. Not because people may lose their jobs, but because sites such as this are making a difference and influencing whether people choose to work for NHCD.
I've read many posts on this site, some defending NHCD, but most telling it the way it really is. I know for a fact that the posts from past managers are true. I am also a past manager, and was never fired or disgruntled. I simply wised up and left by choice. Partly because I know that NHCD is trying to make money off their reps. But mostly because I have a conscience and refused to lie to reps anymore. I still have friends within the company that let me know what's happening from time to time, and as long as NHCD continues doing business this way, I will do my best to dissuade others from working with this company.
Here come the latest facts:
4882 "hires" on Matrix since December. Out of those, 1939 went through successfully as hires and about 60%, or 2943 cancelled. They are currently overbudget in the sales dept by about $25 per sale. Why? The Matrix cancellations. Because of this, they are threatening current managers, telling them if they don't hire at least 3 people per week, they will stop giving them company provided reps to train. Does this tell you where their money is really coming from? It should. SB actually stated, "We need to get hires to make immediate cash."
Currently, new "hires" are required to pay a $19.95 security deposit which will be refunded if there's no "phone abuse." Then about a week later, each hire will have $19.50 debited from their checking or credit card for the "access code." Remember, this code costs the company nothing. So let's take this a step further: The company is shooting for 500 "hires" a week (ever heard of a company hiring so many every week? Hmmm).
500 x 4wks/month = 2000 hires monthly
60% who will likely cancel = 1200
1200 = 800 actually move on to training
Now: 2000 X $19.95 deposit = $39,900.00 monthly
2000 X $19.50 for first month = $39,000.00
1200 cancellations X $29 cancellation fee (because you'll be charged if you cancel within 6 months) = $34,800.00
Grand Total for one month: $39,900 39,000 34,800 = $113,700.00 for one month!
Is that black and white enough for you Grant? Maybe instead of trying to make money off folks who really want a work from home position and would really like to show off their talents and attributes, you could put your energy into figuring out why people are really cancelling? Is it because they don't want to pay to work for you? Any "real" company out there will take care of the phone charges and would never charge a "security deposit." Is it because they realize they were "recruited" instead of hired? Your recruiting department is a joke. Hence the name "Recruiting Department." Most of these folks you hire are in need of an income and you should be ashamed that you are paying so lousy and making money off your reps in any way you can. Or are they cancelling because they are reading the message boards and the rip off reports, asking questions, and getting educated?
Ya know Grant, in years past you could get away with your rotten business practices, but you're not the only duck in the pond anymore. And people are discovering that there are plenty of work from home jobs out there that pay well, don't charge you to work, and offer support rather than threats. I think it's time to get with the program, because as long as there are usacomplaints.com and message boards out there, and people continue to investigate this organization, your "hires" will continue to decline. I for one, hope the trend continues.
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