Proposal “coreteamcomp0518“ (Closed)Back
Title: | Core Team Compensation (May) |
Owner: | glennaustin |
One-time payment: | 1107 DASH (24001 USD) |
Completed payments: | 1 totaling in 1107 DASH (0 month remaining) |
Payment start/end: | 2018-04-18 / 2018-05-18 (added on 2018-04-07) |
Final voting deadline: | in passed |
Votes: | 24 Yes / 5 No / 0 Abstain |
Proposal description
This proposal is cross-posted at https://www.dash.org/forum/threads/proposal-core-team-compensation-may.35489/
This proposal funds the Dash Core Group's ongoing compensation costs - including all developers, administrative, and support staff - at market rates for base pay, excluding benefits or bonuses.
The team has ~60 paid team members, and we have open positions that will further expand this over the coming several months to ~70. The current run-rate is ~$325,000 monthly. This is an average of ~$5,400 / month / contributor.
As of Mid-March, the breakdown of the number of staff we have working in each department is as follows:
- Marketing / International Outreach - 9 staff - plans to expand to 11
- Development - 27 staff - plans to expand to 33
- Project Management - 3 staff - plans to expand to 4
- Infrastructure - 3 staff - plans to expand to 4
- Support - 1 staff - plans to expand to 2
- Quality Assurance - 4 staff - plans to expand to 6
- Leadership and Admin - 10 staff - plans to expand to 11
- Strategy - 3 staff - plans to expand to 4
- Human Resources - 1 staff
- Business Development - 2 staff - plans to expand to 5
If you have any questions, please direct them to @glennaustin in this Dash Forum post to ensure we are notified of your request.
Requested funding is as follows for the May 3rd budget cycle:
Note: Should any funding remain, we will apply it toward future compensation expenses.
This proposal funds the Dash Core Group's ongoing compensation costs - including all developers, administrative, and support staff - at market rates for base pay, excluding benefits or bonuses.
The team has ~60 paid team members, and we have open positions that will further expand this over the coming several months to ~70. The current run-rate is ~$325,000 monthly. This is an average of ~$5,400 / month / contributor.
As of Mid-March, the breakdown of the number of staff we have working in each department is as follows:
- Marketing / International Outreach - 9 staff - plans to expand to 11
- Development - 27 staff - plans to expand to 33
- Project Management - 3 staff - plans to expand to 4
- Infrastructure - 3 staff - plans to expand to 4
- Support - 1 staff - plans to expand to 2
- Quality Assurance - 4 staff - plans to expand to 6
- Leadership and Admin - 10 staff - plans to expand to 11
- Strategy - 3 staff - plans to expand to 4
- Human Resources - 1 staff
- Business Development - 2 staff - plans to expand to 5
If you have any questions, please direct them to @glennaustin in this Dash Forum post to ensure we are notified of your request.
Requested funding is as follows for the May 3rd budget cycle:
- 1,101.80 Dash for core team compensation ($325,000 USD @ $294.97 per Dash)
- 5.00 Dash proposal reimbursement
Note: Should any funding remain, we will apply it toward future compensation expenses.
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Discussion: Should we fund this proposal?
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Dash's fiat price, #coin rank, and evolution/core release deadlines matter. These no votes are a wakeup call to get things in gear a bit faster. We're not bitcoin in 2011. We have a million competitors.
The idea of an 1000 Dash/month for 6 months, is totaly resonable from my point of view.
You are our main and most efficient part today.
Not perfect, but who can claim to be.
Yes
Regards.
Not that I want this too happen or even think it very likely to, but it never hurts to do some planning around possible setbacks.
It will give some xtra room in the budget, in months than their are lots of other proposals, and This budget alone is already enough for more than 1/6 of the budget, assuming the team will grow and the paychecks will increase. This will further increase in size. Seeing MNO can vote to fire people, holding a larger USD buffer should proof no longer an issue.
You probably did not have to hear such a suggestion, as it you know allot more about it than me, but I wanted to show my (pre)-support to this way of running Dash Core Group finances.
At any-rate best of luck in your new job at Dash.
Hopefully, this is not getting NO votes because of this confusion.