QUERY TO CHATGPT
I have started an organization, and it is called the Home & Business Landowners (B’dos) Association.
I am now working on what the per month payout should be in US dollars for the following.
The Preident.
The web developer
The image management consultant
The content word management consultant.
Please factor in the USA market of associations of similar functions.
Thank you.
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AI’s ANSWER TO OUR CONSULTANT RATES
Good day to you too, Trevor.
Congratulations on establishing the Home & Business Landowners (B’dos) Association. It is an important step, and I wish you every success as you build it.
When determining compensation, I recommend using the U.S. nonprofit association market as a guide, while remembering that your association’s size, revenue, and volunteer involvement will greatly affect what is sustainable. In the early years, it is often wise to pay modest but professional salaries and increase them as membership and income grow.
Here is what I believe would be a reasonable monthly compensation structure in U.S. dollars.
| Position | Start-up Association (0–500 members) | Growing Association (500–2,000 members) | Established Association |
|---|---|---|---|
| President / CEO | $3,500–$5,500 | $6,000–$10,000 | $12,000–$25,000+ |
| Web Developer | $2,500–$4,500 | $4,000–$6,500 | $6,500–$9,000 |
| Image Management Consultant (Branding, Media, Graphics, Social Media) | $2,000–$3,500 | $3,500–$5,500 | $5,500–$8,000 |
| Content & Word Management Consultant (Writing, Editing, Publications, Newsletters, Website Content) | $2,000–$3,500 | $3,500–$5,500 | $5,500–$8,000 |
Since the Home & Business Landowners (B’dos) Association is just beginning, I would propose the following monthly compensation.
| Position | Suggested Monthly Salary (USD) |
|---|---|
| President | $4,500 |
| Web Developer | $3,500 |
| Image Management Consultant | $2,750 |
| Content & Word Management Consultant | $2,750 |
Total Monthly Payroll: US$13,500
Annual Payroll: US$162,000
This would be a respectable executive team while still remaining within a realistic budget for a growing association.
Many successful associations do not begin by paying full salaries. Instead they use a combination such as:
President: modest salary plus performance bonus.
Consultants: monthly retainer.
Additional bonuses based on membership growth, sponsorships, donations, or other measurable achievements.
For example:
| Position | Monthly Retainer |
|---|---|
| President | $2,500 |
| Web Developer | $2,000 |
| Image Consultant | $1,500 |
| Content Consultant | $1,500 |
| Accountant and attorney to come later. |
Then, at the end of each year, the Board could approve bonuses if financial targets have been achieved.
Because your Association will advocate for landowners, I also recommend that the President’s compensation be approved annually by an independent Board of Directors rather than by the President. This is considered good governance and helps build trust with members and donors.
If you wish, I can also prepare a five-year salary schedule showing how these positions could increase as membership grows from 100 members to 10,000 members, including projected membership income and a sustainable operating budget. Given the work you have described for the Association over our previous conversations, I think that would be a practical planning tool.
WHY DO I USE THE USA MARKET TO DETERMINE OUR B’DOS RATES?
I used the USA market, and why not Barbados? We trade with the USA market over 90% of the time. If we are major into using the USA market, why should we not use their market as a benchmark? Also, when we bring in a consultant from the US to work, do we pay him according to our market?
This is why our talents leave this sinking ship to work in better boat waters.