Base Pay Shift

[0x4007]

Objective:

Analyze current compensation patterns and design an optimized incentive structure to reduce burn rate while ensuring high performers maintain or increase total compensation as base pay decreases.

Requirements:

1. Data Analysis:

   • Track and analyze on-chain transactions for identified team wallets
   • Compare base pay vs incentive-based earnings for each team member
   • Calculate current burn rate and project future scenarios

2. Compensation Structure Design:

   • Plan quarterly base pay reduction steps (-$2k each)
   • Simulate incentive mechanisms (we have a tool for this) to project incentives based earnings.
   • Target maximum 4 reduction phases from current max ($10k) to minimum/zero base pay

Key Parameters:

• Maximum base pay: $10k
• Reduction increment: $2k per phase
• Implementation frequency: Quarterly maximum
• Total phases: Up to 4
• For this task only focus on the first reduction.

Available Data:

• Team wallet addresses with associated identities
• Historical base pay records
• On-chain transaction history
• Performance metrics and incentive payments

Deliverables:

1. Current state analysis of compensation distribution
2. Projected impact analysis of base pay reductions
3. Proposed incentive structure adjustments
4. Implementation timeline and phase triggers

Success Criteria:

• Reduced overall burn rate
• High performers maintain or increase total compensation

Note: This is a one-time analysis project with specific implementation phases, not requiring ongoing maintenance.

[0x4007]

/ask can you help me break this apart into sub issues?

• I know that the simulations will be a project that will take me about a day to come up with the numbers. This will be gentlementlegen and my project.
• I think that the accounting/spreadsheet work will also be about a day. v4d33m's project
• Writing a plan of implementation steps for the full year will take half a day. minhyeong112 and my project.

[ubiquity-os]

I'll help break down Issue #151 into sub-issues based on your provided workstreams and team assignments:

Sub-Issue 1: Compensation Simulations

• Assignees: gentlementlegen, [original requester]
• Estimated time: 1 day
• Tasks:
  • Create simulation models for incentive mechanisms
  • Project earnings scenarios with reduced base pay
  • Calculate impact on high performers' total compensation
  • Document simulation results and recommendations

Sub-Issue 2: Financial Analysis & Accounting

• Assignee: v4d33m
• Estimated time: 1 day
• Tasks:
  • Track and analyze on-chain transactions for team wallets
  • Compare current base pay vs incentive earnings
  • Create spreadsheet documenting current compensation patterns
  • Calculate current burn rate
  • Prepare financial impact analysis for proposed changes

Sub-Issue 3: Implementation Planning

• Assignees: minhyeong112, [original requester]
• Estimated time: 0.5 day
• Tasks:
  • Design quarterly reduction schedule
  • Define phase triggers and milestones
  • Create timeline for full year implementation
  • Document success metrics and monitoring plan
  • Outline communication strategy for team

Each sub-issue should reference the parent Issue #151 and include relevant sections from the original requirements to maintain context.