Maybe the existing orgs have good reasons for not paying high salaries, I’d talk to the existing org you want to replace before opening a new one, probably
Either the high-earners or the people who want to hire them have management talent, probably at least some of them could be on an org leadership team. Depending on whether the reasons for not paying high salaries are universal or apply to just particular orgs, splintering could make sense.
For particular organizations, maybe the reasons are good, but we probably shouldn’t just look at specific orgs. Funding constrained orgs include definitely GiveDirectly and probably Malaria Consortium’s non-chemoprevention budget. Therefore, for a person who can earn $1mil but would be paid $250k at a talent-constrained charity, then if I’ve done the math right (doubtful), their marginal value over the unhired alternative candidate needs to be 3x more impact than the high-earner’s donations to global health. So then it comes down to how much more impact can be had at talent-constrained charities and how bad are the alternative candidates, which are hard to debate in generalities and is where I’m probably wrong.
One could calculate
A=”what value over replacement do I have in my earn-to-give job (could be negative) ”
plus B=”what is the value of my donated money to the best funding-constrained org”
minus C=”what is the value of my talent (over replacement) to the talent-constrained org)
(and if the result is negative then direct work makes sense)
Ah,
Where will you find the people to run these orgs?
Maybe the existing orgs have good reasons for not paying high salaries, I’d talk to the existing org you want to replace before opening a new one, probably
Either the high-earners or the people who want to hire them have management talent, probably at least some of them could be on an org leadership team. Depending on whether the reasons for not paying high salaries are universal or apply to just particular orgs, splintering could make sense.
For particular organizations, maybe the reasons are good, but we probably shouldn’t just look at specific orgs. Funding constrained orgs include definitely GiveDirectly and probably Malaria Consortium’s non-chemoprevention budget. Therefore, for a person who can earn $1mil but would be paid $250k at a talent-constrained charity, then if I’ve done the math right (doubtful), their marginal value over the unhired alternative candidate needs to be 3x more impact than the high-earner’s donations to global health. So then it comes down to how much more impact can be had at talent-constrained charities and how bad are the alternative candidates, which are hard to debate in generalities and is where I’m probably wrong.
One could calculate
A=”what value over replacement do I have in my earn-to-give job (could be negative) ”
plus B=”what is the value of my donated money to the best funding-constrained org”
minus C=”what is the value of my talent (over replacement) to the talent-constrained org)
(and if the result is negative then direct work makes sense)