Difference between revisions of "User Share"
From FairShares Wiki 3.x
| Line 1: | Line 1: | ||
The '''User Share''' of [[Surplus]] is calculated using the [[User Share Fraction]] defined in Clause 40, and can only be changed by [[Special Resolution]] in [[General Meeting]]. | The '''User Share''' of [[Surplus]] is calculated using the [[User Share Fraction]] defined in Clause 40, and can only be changed by [[Special Resolution]] in [[General Meeting]]. | ||
| − | In | + | In early versions of FairShares, default [[User Share Fraction]] was: |
| − | * 0.5 in | + | * 0.5 in User Co-operatives and User-Owned Social Enterprises |
| − | * 0.35 in | + | * 0.35 in Solidarity Co-operatives and Enterprises |
| − | + | ||
| − | + | ||
| + | From V3.0 onwards, the User Share is set by Founders during the formation of the enterprise using the [https://sites.google.com/view/fairsharesrules FairShares Rules Generator]. The range of possible values is from 0.3 to 0.45. | ||
The User Share is calculated as follows: | The User Share is calculated as follows: | ||
| Line 26: | Line 25: | ||
See also | See also | ||
| − | [[ | + | [[Founder Share]] |
[[Investor Share]] | [[Investor Share]] | ||
| + | |||
| + | [[Labour Share]] | ||
| + | |||
Revision as of 12:36, 1 January 2018
The User Share of Surplus is calculated using the User Share Fraction defined in Clause 40, and can only be changed by Special Resolution in General Meeting.
In early versions of FairShares, default User Share Fraction was:
- 0.5 in User Co-operatives and User-Owned Social Enterprises
- 0.35 in Solidarity Co-operatives and Enterprises
From V3.0 onwards, the User Share is set by Founders during the formation of the enterprise using the FairShares Rules Generator. The range of possible values is from 0.3 to 0.45.
The User Share is calculated as follows:
[Surplus] x [User Share Fraction]
Each member's proportion of the User Share is allocated as follows:
[User Share] x (Member’s User Shareholding / All Issued User Shares).
For example, if the User Share is £11,000, and a member has 2 User Shares of 180 issued, their share would be:
11,000 x (2/180) = £122.22.
See also
Return to the FairShares Glossary.
