To clarify, I don’t think salaries are anywhere near $1M. I do think there are a lot of people at EA organizations who make $150-200k per year or so. When you add benefits, lunches, office space, expense policies, PTO, full Healthcare packages/benefits, staff retreats, events, unnecessary software packages, taxes etc. a typical organization might be spending 1/3rd of their budget on salaries so something like $5-6M, not $10M. I wasn’t being exact with numbers and I should have been.
I think many EA organizations could reduce their budgets by ~50%, drastically turn up the frugality and creativity and remain approximately as effective.
I’m not sure the effects this would have. I suspect less “exodus from EA” than people think.
I’m also just speaking to what happened as to why we don’t have a robust earning to give ecosystem. It’s much different having 50 people fund a 100-500k org than a 5M org.
To clarify, I don’t think salaries are anywhere near $1M. I do think there are a lot of people at EA organizations who make $150-200k per year or so. When you add benefits, lunches, office space, expense policies, PTO, full Healthcare packages/benefits, staff retreats, events, unnecessary software packages, taxes etc. a typical organization might be spending 1/3rd of their budget on salaries so something like $5-6M, not $10M. I wasn’t being exact with numbers and I should have been.
I think many EA organizations could reduce their budgets by ~50%, drastically turn up the frugality and creativity and remain approximately as effective.
I’m not sure the effects this would have. I suspect less “exodus from EA” than people think.
I’m also just speaking to what happened as to why we don’t have a robust earning to give ecosystem. It’s much different having 50 people fund a 100-500k org than a 5M org.