Difference between revisions of "Labour Share Fraction"
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* 0.35 in Social Enterprises and Social Co-operatives | * 0.35 in Social Enterprises and Social Co-operatives | ||
| − | From V3.0 onwards, the fraction is set during the creation of rules in the [https://sites.google.com/view/fairshares FairShares Rules Generator], and this provides for a range of choices from 0.30 to 0.45. The V3.0 rules generator does not permit rules to specify more than 0.4 for [[Investor Shareholders]], and a sets the minimum payout to [[Labour Member|Labour]] and [[User Member]]s at 60%. Typically, 70% or higher is paid out to people active in FairShares companies, and 75% of higher in FairShares cooperatives. | + | From V3.0 onwards, the fraction is set during the creation of rules in the [https://sites.google.com/view/fairshares FairShares Rules Generator], and this provides for a range of choices from 0.30 to 0.45. |
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| + | In associations, this fraction (as is the case with Founder and User Shares Fractions) determines the share or surplus Labour Members (as a group) can allocate to social objects without board approval. | ||
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| + | The V3.0 rules generator does not permit rules to specify more than 0.4 for [[Investor Shareholders]], and a sets the minimum payout to [[Labour Member|Labour]] and [[User Member]]s at 60%. Typically, 70% or higher is paid out to people active in FairShares companies, and 75% of higher in FairShares cooperatives. | ||
The total amount paid out to Labour Shareholders is called the [[Labour Share]]. | The total amount paid out to Labour Shareholders is called the [[Labour Share]]. | ||
Revision as of 05:04, 1 January 2018
The Labour Share Fraction is the share of Surplus paid to Labour Shareholders.
In early versions of FairShares, the Labour Share Fraction was:
- 0.5 in Worker Co-operatives and Employee-Owned Social Enterprises
- 0.35 in Social Enterprises and Social Co-operatives
From V3.0 onwards, the fraction is set during the creation of rules in the FairShares Rules Generator, and this provides for a range of choices from 0.30 to 0.45.
In associations, this fraction (as is the case with Founder and User Shares Fractions) determines the share or surplus Labour Members (as a group) can allocate to social objects without board approval.
The V3.0 rules generator does not permit rules to specify more than 0.4 for Investor Shareholders, and a sets the minimum payout to Labour and User Members at 60%. Typically, 70% or higher is paid out to people active in FairShares companies, and 75% of higher in FairShares cooperatives.
The total amount paid out to Labour Shareholders is called the Labour Share.
Return to the FairShares Glossary.
