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Proposal: Core Team Compensation (June)

glennaustin

Active member
This proposal is cross-posted at https://www.dashcentral.org/p/coreteamcomp0818

This proposal funds the Dash Core Group's ongoing compensation costs - including all developers, administrative, and support staff - at market rates for base pay, including some benefits which we are now beginning to roll out as certain contractors are converted to employee status. By extending employment and benefits to our key contributors, we aim to improve the sustainability of working for the Dash Core Group by providing compensation and benefits commensurate with the market. Providing these benefits will greatly improve retention and provide a more stable workforce to the network.

The team currently has ~65 paid team members. We have 10 open positions that will further expand the team over the next several months to ~75. The current run-rate is $360,000 monthly.

The run-rate has increased in the past few months and we expect it to increase further due to a number of factors including:
a) Extending benefits to staff that are transitioning from contractors to permanent employees of Dash Core Group Inc. (In some jurisdictions our payroll partner requires a deposit representing 2 months employee benefits/coverage due to laws and regulations governing employee terminations)
b) Increase in the total number of employees/subcontractors as open positions are filled
c) Targeted salary increases for employees and subcontractors to align with market rates including adjustments to account for blockchain experience
d) New administrative costs charged by our global employment, payroll, and benefits provider for servicing employees

In the future the funding requested will also increase due to the desire to build up a 2-3 month buffer in the core team compensation line to account for potential Dash volatility.

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 June 3rd budget cycle:
· 935.04 Dash for core team compensation ($360,000 USD @ $385.01 per Dash)
· 5.00 Dash proposal reimbursement
Total: 940.04 Dash
Note: Should any funding remain, we will apply it toward future compensation expenses.

Manually vote YES on this proposal:
dash-cli gobject vote-many cccf432ef3b0176d6f57be3e5ff56f4434441e9e48dd15027553164f5d3f2c85 funding yes
OR from the qt console:
gobject vote-many cccf432ef3b0176d6f57be3e5ff56f4434441e9e48dd15027553164f5d3f2c85 funding yes

Manually vote NO on this proposal:
dash-cli gobject vote-many cccf432ef3b0176d6f57be3e5ff56f4434441e9e48dd15027553164f5d3f2c85 funding no
OR from the qt console:
gobject vote-many cccf432ef3b0176d6f57be3e5ff56f4434441e9e48dd15027553164f5d3f2c85 funding no
 
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