A date has been set for an initial meeting of Members to plan for the implementation and maintenance of a ‘Service Time’ accounting system for recording Members’ contributions of time in service to the co-op.
The meeting is open to all. I am happy to facilitate if there are no other offers. I will post an agenda prior to the meeting.
Resonate Time Tracking Meeting - Agenda Draft May 28
Notes to May 28 session.
Hello - 5 mins
Review concern points below.
Add additional concerns/actions.
Identify work and accountable coordinators
[one hour max]
Yes, patronage would be a method that people can track their hours contributed, that is in turn monitored and recorded by someone at Resonate. A simple Google Sheet would work and would just need someone in your Legal/Finance realm to be responsible for it.
Columns in each tab:
Date, Start Time, End Time, Description of patronage/labor
Rich Concerns: Prerequisites to a plan like you (Sarina) describe would seem to be:
a clear procedure for declaring certain time contributions as contributions, ie work parameters defined before work is counted as a contribution.
A process for recognizing contributions to date.
Guidance for determining the ‘half-life’ of contributions. Does their value diminish over time or carry-forward forever?
An articulation of what the ‘stake’ is. Is it a share of surplus? Or something else? TBD? Perhaps just having a metric is instructive/satisfactory as an experiment without attaching to ‘earned value’?
The Resonate Rulebook was derived from templates published by Fairshares.coop. Fairshares documents have gone through several versions and while their guidance is valuable, as many outside sources may be, Resonate’s policies are determined by its Members and have a life quite independent from documents, comments, and amendments produced by Fairshares.
That said, it is a great resource for ideas and building community with like-minded and similarly structured organizations like ours.
I have been working for some time on a proposal for how the Collaborator Class at Resonate could function. I’ve drawn from a variety of studies while putting this together; if you are curious about any of the concepts presented, let me know. I’d like the opportunity to elaborate on my thought process if there are questions.
This morning @sarinapl and I met to begin drafting the simple policy proposal to the board — we’ll be working on our portions respectively and touching base again Monday with (hopefully completed) drafts of the interim approval form and time tracking process! @Hakanto@brndnkng@richjensen
also Hakanto thank you so much for the reference material! Will be sure to give it due diligence since it’s so crucial in the conversation moving forward!
@sarinapl Thank you both so much for your work, am I reading the right document at this adress Patronage Meeting Slides _05-27-2021 - Google Präsentationen ? Just so I can follow the advancement, I’m a bit swamped in work right now so it’s hard to track meetings etc. but if I know where to look every once in a while I can do this on my leasure time.
Sunita and I will post a draft of a simple request for board approval on Monday/Tuesday. This will incorporate the deck you’ve linked to, notes from yesterdays call, and Hakanto’s research which will be added as an exhibit. Once this draft has consensus from the call-attendees yesterday, it will be presented to the board.
I believe in the past, Resonate has mentioned the idea of monthly, quarterly, and/or annual requirements to become a Resonate member, and maintain membership? I really like this idea as well to make sure people are continuously contributing to the co-op if they are going to be receiving continuous co-op benefits in return.
Anyways, I am interested to see what you all come up with, so I look forward to staying in touch!
Note: I will be updating my proposal document to revise how it approaches the idea of distributing shares. In the Fairshares model, which Resonate’s Rulebook draws from, many shares of a single type (e.g. Worker Shares) can be collected by a single individual; the number of shares owned determines the portion of dividend one will receive. Shares are used as a way to track contributions.
As I understand, Resonate’s model does not treat shares this way, thus the share distribution model I proposed would need to be revised.