Compensation: Difference between revisions
Jump to navigation
Jump to search
No edit summary |
|||
| Line 1: | Line 1: | ||
== Problem: Extrinsic Motivation == | == Problem: Extrinsic Motivation == | ||
*Volunteers are cat-like. Fickle. Unreliable. | *Volunteers are cat-like. Fickle. Unreliable. | ||
*Members can't see who is putting in effort. Who isn't. | *Members can't see what the exec is working on. And, can't see who is putting in effort. Who isn't. | ||
== Proposed Solution: Motivation Bonds == | == Proposed Solution: Motivation Bonds == | ||
* 240 Month, inflation-linked, zero-coupon, 8% bonds | * 240 Month, inflation-linked, zero-coupon, 8% bonds | ||
Revision as of 14:52, 20 March 2013
Problem: Extrinsic Motivation
- Volunteers are cat-like. Fickle. Unreliable.
- Members can't see what the exec is working on. And, can't see who is putting in effort. Who isn't.
Proposed Solution: Motivation Bonds
- 240 Month, inflation-linked, zero-coupon, 8% bonds
- Volunteers submit monthly time-sheets, to Jeff to track.
- Date
- Task details
- Hours spent
- Regional Coordinators = $40/hour
- Leader, Deputy Leader, Treasurer = $50/hour
- Exec = $45/hour
- Other Volunteers = $30/hour
Responsibilities
- Campaign director to prepare reports.
- Treasurer + Leader to approve (signatures only)
Timeline
- Run for 6 months, then decide if it's worth continuing.
End Of Life Plan
- Simply start declining the maturity, as finances start improving, until 100 years from now, we're paying salaries weekly.