RE: A New Job Listing & Job Creation with Hive Stake-Based Income as Payment: Hiring A Comment Curator for the FreeCompliments Community!
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Is 15 HSBI enough? I'd say probably not. I have a friend building up HSBI and has added about 150. The 1st share gave about a 3 cent vote, but each additional hasn't compounded onto that at all. Now with 184 shares the 1st vote will only be around 8 cents and if they post each day that vote drops approximately 33% each post. So that equals less than 20 cents a week IF they post daily.
Now, I understand it compounds monthly, but even after 10 months the daily votes won't be much more if they are at all. The SBI docs state that you'd need around $20 worth to get a daily vote, which is 100 shares as of today. So, even after a year or two, the annual earnings would be around $20 total. Please correct me if I'm missing something.
For some reason I overlooked this in notifications. Glad I found it!
It is definitely not a huge amount, but my consideration is that the HSBI will build up over the course of a lifetime, not just one year. Even if someone works for a year, they'll reap the benefits for as long as HSBI is around, and as long as they continue to create posts.
Additionally, as mentioned, raises for a consistently good job are certainly on the table (and I've already done this for someone who's stayed in a position and excelled for a long time).
That said, 15 HSBI is definitely not a very large amount, but I'm also considering the fact that this is the starting pay, as well as the involved workload, plus the amount paid for other positions.
The amount of written comments has actually been steadily increasing most months, and I did raise the pay from 10 to 15 HSBI for this exact reason. I may consider raising it some more (maybe 20 HSBI) because the job of going back to older posts to catch certain comments may pose a challenge. Outside of this, from my personal experience, the daily time input for this was ~30 minutes (15 hours per month).
So, with all that considered, plus your calculations (which seem reasonable to me), what do you think?
How many shares do you have to get you your $2.50'ish HSBI vote?
Assuming you mean a daily $2.50 vote here. It's going to be based on Hive's current price ($~0.20). I do know that it's going to be several thousand HSBI. @josephsavage, do you happen to have the formula we can use to calculate this?
The HSBI website is now working. You have 12.7k shares
APR is usually around 12% I believe, but that's after curation. So
(target vote / 2) * 365 days per year / 0.12 apr estimate = subscription $ value
subscription $ value / hive price = estimated units.
I'm estimating 19k and you're coming in at 12700, so actual APR is probably a little better than 12% right now
Thanks Joseph!
So going with the target daily vote of $2.50: 2.5/2*365/0.12/0.2 = around 19k HSBI units, as you estimated. @alphahippie
You must not be getting my notifs...
Got this one, but maybe not all of them. Let me check other frontends...
Looks like I did get them all. I did see the one where you mentioned my HSBI shares. However, I use community accounts for the HSBI rewards/payments. Goal is to grow the community and its active participants / workers.
I'm not sure how the "however" part ties into the convo, but it doesn't matter. I don't think 15 HSBI is enough and my mind hasn't changed
Oh, you posted my HSBI so I wasn't sure if you were trying to compare that to the community accounts.
What do you think would be more fair?
Well, since retention seems to be an issue, I wouldn't raise the 1st months incentive or if you do, just by a little. But, I'd raise the amount of shares for each consecutive month they remain on the job. Since we've already established that even 100 hsbi doesn't really do much I think giving them a set beneficiary % on the community posts or at least on a specific post theme, since you have consistent themes you post about.
I do have the benefit of earning a % of post rewards for our post curator, since part of their duty is to write out posts about post curation via @fc-rewards ad @fc-curation.
It may be a little bit more challenging to implement this for a comment curator. I'd have to think about how that can be implemented. Monthly raises might be doable (i.e. 1 additional HSBI per month will certainly add up substantially over time).