[Cadre-politics] finance status / fiduciary responsibility
Dan MacNeil
dan at thecsl.org
Sat Jul 14 13:15:22 EDT 2007
Those of us with fiduciary responsibility (the board) are probably most
interested in our cash flow [1]
[1] http://thecsl.org/sys/finance.d/cash_flow.xls
Executive Summary: We're almost certainly good until at least December.
As an aid to concentration, I've inserted a few errors. There are a few
expenditures that violate our financial policies and one very optimistic
revenue projection.
The first board member to point out these errors wins a gold star. If
you aren't on the board and you point them out, maybe you could be
nominated.
As far as the details, the checkbook register [2] is the best guide:
[2] http://thecsl.org/sys/finance.d/checkbook.xls
In my small experience, management keeps payroll secret to:
Avoid the emotionally difficult task of
explaining to some people why they
have a low market value.
Keep communication in the market
poor, so people don't know their
market value.
Hid management's tendency to
abuse their power and over pay
themselves.
Given that transparency is our first financial principle. You might be
curious about my [3] and John's payroll [4]
[3] http://thecsl.org/sys/finance.d/payroll.d/payroll_dan_2007.xls
[4]
http://thecsl.org/sys/finance.d/payroll.d/payroll_john_2007.xls
I'm pretty happy w/ my check. It is a bit more money than I made last
year working for the CS Dept. I got to collect it all at once. Finally,
according the global rich list [5], I'm in the top 13% of wage earners
in the world.
[5] http://www.globalrichlist.com/
I'm also (relatively) happy with John's Check, He's not getting paid
close to his market value and he has to buy his own health insurance.
However he is making a living wage. Which for those of us who aren't
married to Laura, is a prerequisite for sticking around. John sticking
around is a prerequisite for mvhub to keep getting better.
Of course all this transparency stuff might strike you as the moral
equivalent of opening up the raincoat and showing the world your private
bits. --I'm open to anyone that wants to rant on this subject.
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