Quote:
Originally posted by GammaZeta
If we have 5,000 paying dues x $15 extra = $75,000. Apply that money to current salaries and hire someone with qulifications. There are professionals out there that can make our fraternity run more efficient, more cost productive, that don't require on the job training and can truly separate the business aspect from the brotherhood aspect to make sound financial decisions. And the money and time we save on that would be worth the extra $15.
|
Lets play math, shall we?
See the problem is that your extra $15 would bring MAYBE 2 staff positions to par with the for-profit world. Throw in beneifts, then your funding mechanism only pays for about 1.6 staff members. And while your onyl concerned with the LCAP issues, theres about 10 or so staff member positions within the three Lambda Chi Alpha Member Companies (LCAP, The Educational Foundation and the General Fraternity) that would need to be $15 x 6.66 (for the staffers) and that would be an additional $100. Honestly, I think it would be greatr to be able to pay staff what they were worth (we didnt even figure in the ELC's or para-professionals) but my undergrads wouldnt support an increase (not a total) of $230 a year in dues (which I think are about $45 a semester, or $90 a year) for staff salaries and benefits. Thats not even figuring in Insurance fees. THe group I advise pays approx $50 a man a semester in Insurance (and thats cheap). So grand total that would be $420 a year. At current billing levels, my colony members pay approx $600 a year, so that would only leave $180 a man a YEAR to run a zeta. Theres NO WAY my guys would ever go for that.