This is the official discussion thread for RPIP-41: Committee Stipends. Some prior discussion of this has taken place on the initial discussion thread here: [Discussion] Compensation for Committee Members.
Here’s a brief summary of the RPIP:
- There’s a global stipend rate for committees, proposed at $30 / hr.
- Each committee has a ‘Target Hours per member’ parameter.
- Committees receive a stipend budget based on their number of members, their target hours, and the global stipend rate.
- Committees can determine via internal vote how to split the stipend budget.
- Stipend budgets are paid out by the GMC, from the GMC budget, for lack of better options right now.
There are a number of differences between this initial draft RPIP and the previously discussed proposal in the pre-RPIP discussion thread. These changes are mostly to prioritize simplicity or consistency with existing policies. Here’s a summary of the changes:
- There’s no escrow of the initial month of membership payout as there was in the initial discussion.
- This was unclear in the initial discussion, but no fixed methodology is required to be used by committees.
- Stipend payment currency is no longer fixed to RPL, the recipient may select from the GMC’s token payout options. Stipend is denominated in USD, and RPL is priced at time of payment transaction creation to reduce market risk as much as is feasibly possible.
The initial numbers for the GMC and IMC were based on either discussions or materials generated by Val and ShfRyn. I want to emphasize these are initial starting points, and I can easily adjust them to feedback. As it was, they both came out around the same level, and I rounded them to 13.
Grants Management Committee
Date | Target Member Count | Target Member Hours | Target Monthly Stipend Budget |
---|---|---|---|
2024-03-04 (RPIP Authored) | 9 | 13 | $3,510.00 |
Incentives Management Committee
Date | Target Member Count | Target Member Hours | Target Monthly Stipend Budget |
---|---|---|---|
2024-03-04 (RPIP Authored) | 9 | 13 | $3,510.00 |
Thanks for reading. I’d love to get useful feedback from you all here. I know this topic has been debated hotly a few times in the past, if you feel this is going to cause problems in its current form please tell me and I’ll try to add safeguards or fallbacks to cover issues raised.