Most of our work is fixed rate, although some is calculated on an
hourly basis. In either case the money is distributed in the following
80% goes to the developer
10% goes to the project leader as their "management fee"
10% goes to the person who secured the job for Paneris as a "finder's fee"
The Management Fee is intended to cover the project
leaders duties such as
In some cases this fee will be waived by the project
leader, mainly for the good of Paneris as a whole.
The finders fee is envisaged as a sales incentive, for members of Paneris
(or partners of Paneris) to sell the work of other members.
There are cases when the Finder's Fee cannot
be paid, for instance a member of Paneris contracting
Paneris to work for the member's company. In this case
there are a number of alternative uses for this money, for instance the Paneris fund.
We currently charge ?50 per hour. This means that a developer
can expect to earn ?40 per hour, ?5 per hour goes to the finder and
?5 to the project leader.
Many projects are fixed price, in which case the hourly
rate will be calculated by the project leader. A good scheme is to
divide the fee by the total number of hours worked.
Another approach is to say that each person working on
a project will effectively take on their part of the work at a fixed price. This has the advantage that
gifted workers will be rewarded for their talents.