Hey there community!
This is Illuminfti, reaching out to talk about the progression of my role within the GWG. When I first stepped foot into this exciting journey, my responsibilities were tightly linked to executing OKR 3 during Q2. At that time, I was on a part-time arrangement, with a six-week worth of work, compensated at $4,500 per month.
Nonetheless, in line with the dynamic nature of our work, my role underwent significant growth, necessitating an adjustment in both my time commitment and remuneration. Presently, I dedicate between 65 to 80 hours weekly to breathe life into NDC v1.
In the spirit of transparency - an ethos we firmly uphold - I believe itās essential to thoroughly walk you through this transition. Letās delve into the stages of my journey, the consequential expansion of my role, and the tangible, measurable outcomes this evolution has culminated in.
Specific Objectives
For reference, these were my initial OKR 3 responsibilities:
Objectives:
- Help each work group create a unique charter and budget for each of the 5 workgroups.
- Ensure all charters and budgets adhere strictly to NDC Core Principles and Objectives.
- Aid in the revitalisation of existing communities in line with NDC Core Principles and Objectives.
- Work along side the Legal Work Group to assist in legal entity guidance for the 5 work groups
- Create Documentation of charter, budgets, and legal entities guidance for all workgroups.
Navigating Through Responsibilities
This is a summary of my journey within the NDC so far, and you can find detailed information in the individual weekly transparency reports linked below.
Week 1: Establishing the Pillars (Week 1 Report)
My initial focus revolved around OKR 3, which encompassed:
- Laying the groundwork for our five core constellations - Amplify, NFTs, DeFi, Gaming, and Regional Communities - for successful funding applications post the NDC v1 elections.
- Tracking the readiness and advancement of all workgroups with their charters, budgets, and legal entities.
Week 2: Scaling New Heights (Week 2 Report)
The second week witnessed a growth in my responsibilities to encompass:
- The finalization of charters for all five core workgroups.
- Coordination of the Election GTM Process.
- Creation of a comprehensive Work Group Overview Document.
- Contributing to the inaugural WorkGroup Summit.
- Laying the groundwork for the NFT WG elections and designing the nomination and election process in collaboration with the work group champion.
Week 3: Steering Through Complexities (Week 3 Report)
By the third week, my role further diversified, centering on establishing new functions within the NDC and refining processes across the GWG and the broader NDC.
Embracing New Responsibilities
In addition to my OKR3 responsibilities, my expanded focus is now:
- Taking charge of the Polling and Amplification Process.
- Initiating the Planning and Strategy Work Group.
- Collaborating with the Compensation Work Group.
- Owning the Processes and process flows for the GWG.
- Working closely with the GWG and the Elections Work Group on the Election and Voting Process.
- Collaborating with others in the GWG on the Budget Standardisation Process
- This will be piloted within the GWG and then rolled out as best practice to the wider NDC.
Compensation Adjustment: Aligning with Industry Standards
In light of the significant achievements and the expanded role Iāve adopted within GWG, it seems just to propose a revised compensation of $10,000 per month. This adjustment is not a reflection of vanity, but an acknowledgement of the level of responsibility, dedication, and effort that I invest in our shared work.
The proposed compensation aligns with industry standards. My research shows that the Operations Manager role at similar organizations averages around $87,000 to $153,000 annually, which translates to approximately $7,200 to $13,000 per month. Considering the unique challenges and extensive role within our decentralized organization, the proposed compensation is suitable and leans towards the lower end of the industry scale.
Understanding and Addressing Risks
I fully recognize that a proposed increase in compensation might trigger questions or concerns. Upholding our culture of transparency and dialogue, I aim to address these points:
- Equity: We each contribute uniquely to the growth and success of GWG. This adjustment does not undermine anyoneās contributions. It is an alignment with industry standards and mirrors the escalated responsibilities and time commitment of the Operations Lead role.
- Justification: I pledge to offer regular updates and reports showcasing the progress we achieve under my guidance. This report serves as an instance of such efforts to quantify and highlight our progress.
- Contextualization: The proposed adjustment is not whimsical; it is guided by industry standards and the magnitude of the responsibilities I shoulder. I am open to discussion and debate on this topic, highly valuing your thoughts and feedback.
As we advance, I remain steadfastly dedicated to nurturing our community, achieving our objectives, and relentlessly pursuing transparency and efficiency. I encourage everyone to voice their thoughts, feedback, and concerns. Collectively, we can continue to cultivate an ecosystem that rewards diligence, commitment, and demonstrable progress.
In deepest respect and gratitude,
Illuminfti