Create a Committee for Hiring

Full proposal: https://research.lido.fi/t/proposal-to-form-resourcing-and-compensation-committee-rcc/1767

We are asking the community to discuss and vote on a resourcing and compensation committee (RCC) to streamline the hiring, onboarding, remuneration and payout process for DAO contributors below the senior-most level. Team leads or department heads for example would still be subject to the proposal-based hiring process governed by the DAO.

Summary

Create a governance committee dedicated to managing, executing, tracking, and reporting on hiring and contributor-related operating expenses for full time DAO members.

Allow the committee autonomy to deploy a bi-yearly allocated resourcing budget as they see fit with quarterly reporting on the decision-making process and allowing for community feedback. Budgets will be proposed on an annual basis and may be revised during the year. Funding for each “budget period” (6 months) will be disbursed from the Lido treasury to the RCC wallet twice a year, via DAO vote.

Eventually, once Lido’s departments grow large enough it will be necessary for each department to take on this work independently, but for now, there are both efficiencies and privacy-related motivations to conduct all of this work through one committee.

Budgeting details will be in a separate proposal to not distract from the operational considerations of the RCC.