Re: sweat equity | <– Date –> <– Thread –> |
From: School of Mathematics, U of MN (dept![]() |
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Date: Wed, 3 Aug 94 13:37 CDT |
On Wed, 3 Aug 94 10:18 CDT, fassnach [at] ssc.wisc.edu <cohousing-l [at] uci.com> wrote: > > We at Porchlight Cohousing are in the process of developing some of >our basic, defining documents. Associated with the definition of >membership, we wanted to include some sort of definition of seniority. >Seniority, we thought, should be based both on the number of months >that equity payments (of at least the minimum amount) are made, and on >the amount of sweat equity contributed. But how to measure sweat >equity? If we just count hours, then inefficient work can be >"rewarded" just for inefficiency. But maybe this is something we >shouldn't really be worrying about. At Monterey CoHousing seniority has been defined, but I'm not sure it ever was used. When we finally got to the stage of having a site and recruiting became necessary, it was decided that the "founding" members, those that were involved in acquiring the site and put money down for the downpayment, would have "seniority". Members joining later were also required to put money down to the level of the average contribution of the founding group. They acquired seniority with the date when they were approved as members. If there should be conflicts in unit selection, the plan was that seniority could be a factor. To be sure, there were considerable differences in the amount of sweat equity put in by the various people at all stages of the process. Generally and publicly, we don't worry about it. This is because there are widely varying talents needed along the way of getting a development up and running. I remember that at the beginning there were a few people who put in an inordinate amount of effort and work for us to make the closing date on the property. But it is not necessary to put out at this level forever. I have observed that people tend to stand back a bit when they start feeling overloaded, and we encourage that. Most often others will step in the breach. In my own case, my health was bad for more than a year and I was not able to contribute as much as I saw was needed. Now I'm feeling better again and I'm increasing the amount of my contribution steadily. As I see it, the important thing is not to drive things along to hard and to a point where the level of burnout in the people rises to high. Judy Baxter, in this group, could say a word or two on this topic. We have tried several times to deal with sweat equity of the type of work where someone normally gets paid for it, and/or cases where a member is giving a **lot** of his/her time. The hard part was to define what type of work would merit compensation and where to draw the line so you don't get into a position where you virtually employ somebody and the next person putting in similar hours does it for nothing, so to speak. As things stand now, people rely on their own gut feelings to define what is a fair contribution. In our group, people generally aren't too shy to ask others to join their work crew although some work has not been done due to a lack of willing hands and heads. Monika Stumpf, Monterey CoHousing-Mpls, dept [at] math.umn.edu
- Re: Sweat Equity, (continued)
- Re: Sweat Equity David Thomasson, July 14 1994
- Re: Sweat Equity Pablo Halpern, July 20 1994
- sweat equity fassnach, August 3 1994
- Re: sweat equity David Thomasson, August 3 1994
- Re: sweat equity School of Mathematics, U of MN, August 3 1994
- Re: sweat equity Judy, August 3 1994
- RE: sweat equity IAN_HIG, August 3 1994
- Re: sweat equity IAN_HIG, August 3 1994
- Re: sweat equity Pablo Halpern, August 9 1994
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