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Address any concerns about the hourly rate #10

marsrobertson opened this issue Feb 15, 2020 · 0 comments

Address any concerns about the hourly rate #10

marsrobertson opened this issue Feb 15, 2020 · 0 comments


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@marsrobertson marsrobertson commented Feb 15, 2020

Private conversation with a senior member of the Kleros team:

  • team members are contractors of the Cooperative
  • there's not an expectation of X amount of hours per week or month
  • there's no such thing as "X amount of hours per week"
  • there are tasks to be done and people doing them

Something other party does not have to know:

  • it will take me three months
  • I will dedicate 10 hours per week to this task
  • my Kleros-friendly rate is $50 per hour (and vesting at 50% speed because we are evaluating joining the team full time and working below my usual rate)
  • 3 months * 4.345 weeks per month * 10 hours = 130.68 hours

To avoid the term "hourly rate" I can simply issue the invoice for $6,534 or one the round numbers in the proximity such as $10k.

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