The highest-earning 10% of EAs may have expected earnings of ~$1m per year in the long-run, so they’d be able to fund ~10 people doing direct work at current EA org salaries.
Also, young EAs who want to do direct work should be able to pull in funds from elsewhere e.g. Good Ventures and other large donors. (or even broader, there’s already $300bn given to charity each year; $140bn spent on international dev).
Also, generally, having more EAs in different areas of the labour market appears on the face of it very useful as long as they are in collaborative communication with the rest of the community. A larger skill set and set of perspectives to draw on. More communal learning value. Better ability to spot opportunitites. Wider networks. What do you think of this perspective Ben?
Interesting. I assume you also considered the inverse strategy of hiring non-EAs to work at EA orgs? Let’s say I’m an EA org hiring a personal assistant… if I hire an EA as my personal assistant, that EA no longer has the opportunity to draw a salary from a non-EA organization and funnel that money in to an EA organization via earning to give. (On the other hand, hiring EAs is useful for dealing with principle-agent problems.)
At CEA, we haven’t had much luck hiring non-EAs, though it can work for relatively mechanical or well standardised tasks e.g. book keeping and some assistant work; and we try to do that as much as possible.
The highest-earning 10% of EAs may have expected earnings of ~$1m per year in the long-run, so they’d be able to fund ~10 people doing direct work at current EA org salaries.
Also, young EAs who want to do direct work should be able to pull in funds from elsewhere e.g. Good Ventures and other large donors. (or even broader, there’s already $300bn given to charity each year; $140bn spent on international dev).
Also, generally, having more EAs in different areas of the labour market appears on the face of it very useful as long as they are in collaborative communication with the rest of the community. A larger skill set and set of perspectives to draw on. More communal learning value. Better ability to spot opportunitites. Wider networks. What do you think of this perspective Ben?
Interesting. I assume you also considered the inverse strategy of hiring non-EAs to work at EA orgs? Let’s say I’m an EA org hiring a personal assistant… if I hire an EA as my personal assistant, that EA no longer has the opportunity to draw a salary from a non-EA organization and funnel that money in to an EA organization via earning to give. (On the other hand, hiring EAs is useful for dealing with principle-agent problems.)
At CEA, we haven’t had much luck hiring non-EAs, though it can work for relatively mechanical or well standardised tasks e.g. book keeping and some assistant work; and we try to do that as much as possible.