The White Economy
Posted: Mon May 21, 2012 1:10 pm
That is a phrase that Stewart Reuben introduced me too many years ago to denote all the unpaid labour chess volunteers put into running the game.
Well, now it has a potential value. The Hastings & St. Leonards Club is punting for a local grant which requires us to 'match fund' the money we seek. We are told by the grant-awarding body that the volunteer time put into this project, should it come off, may be included at an equivalent monetary value of £11.09 per hour, a median wage figure they have got from I-forget-where.
Puts an entirely different slant on the worth of tonight's Club Committee meeting!
PB
Well, now it has a potential value. The Hastings & St. Leonards Club is punting for a local grant which requires us to 'match fund' the money we seek. We are told by the grant-awarding body that the volunteer time put into this project, should it come off, may be included at an equivalent monetary value of £11.09 per hour, a median wage figure they have got from I-forget-where.
Puts an entirely different slant on the worth of tonight's Club Committee meeting!
PB