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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?
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