- Overview: The CoE has settled on a base rate of $50 an hour for project funding, keeping the review and approval process free from rate negotiations and value calculations.
- Problem: Not all projects are created equal, and some will deliver more value than others.
- Proposal: Create a retroactive bonus payment that recognizes exceptional work and value.
- Details: At any time in a project’s lifecycle, the CoE, members of the community, or the project owner can propose bonus pay for a project or project milestone.
- Best-case outcome: The bonus incentivizes developers to deliver work above and beyond the base rate.
Example: Project X
Base rate: $50hr
Max bonus rate: $50hr
Potential rate: $100hr
A specific milestone in Project X delivered exceptional value against the base rate. The project owner requests via proposal:
- Approval for a bonus and,
- A bonus rate of $15, $20, or $25hr for that period.
The community votes, ultimately sending it to the CoE for review, who approves a $20hr bonus for the work delivered in that period.
In the polls that follow, you will vote on:
- Should the CoE approve secondary funding for a project?
- What should the max hourly bonus be?
Should the CoE approve secondary funding for a project?
How much should the maximum hourly bonus be?
- $25 (Potential rate of $75hr)
- $50 (Potential rate of $100hr)
- $75 (Potential rate of $125hr)
- $100 (Potential rate of $150hr)
Poll will close Sept, 15th 2021