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P1B

How the
Action Fund works

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Five Star Rating

All payment funds pay according to the input and support of each individual member!

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Payments are made according to each members actions during the preceding fortnight.

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THE ACTION FUND CONSISTS OF 6 ACCOUNTS

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Each account accesses data from the app and from new membership nominations. This data is added to the data contained in the account from the previous fortnight.

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The 6 accounts are;

  • BA04-Introductions

  • BA05-Trips & Miles

  • BA06A-Stars

  • BA06B-Quiz & Questionnaire

  • BA07-Join Date

  • BA08-Action Fund Totals

BA06A-
Action Fund: The 'Stars Given' Part

Riders rate their drivers, out of 5 stars, and . . . .

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Drivers rate their passengers, up to a maximum of 5 stars.

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This is an important part of the Action Fund. It is thought by some, in the management team that a higher allocation of funds should be available for 'Stars Given,' what do you think?    contact us here

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You can vote on this topic, here!

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The app records the number of stars given by each of the two members, at the end of the trip.

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Then at the end of the fortnight period, the stars are all added up and averaged and the averages are entered into the Action Fund.

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You will see average star numbers like 3.5 or 4.2 because, as you can realized, averages produced decriminalized results.

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Example:

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3+3+4+5+4+3+4+2+3+3+4 = 38 divided by 11 = 3.45

which is rounded up to 3.5

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The average star rating is then multiplied by the member coefficient and that result dictates the number of shares (for the stars part) are applied to the member.

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The star rating makes a huge different. Image that in the above example, instead of an average of 3.5 an average number of 4.5 is obtained.

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This would mean an increase in payment of another 28.5%.

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This would change a payment of $100 into a payment of $128.50.

Action Fund Payments for each part
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Galaxy

BA06A-
Action Fund: The Stars Given Part

Go to the next part: QUIZ & QUESTIONNAIRE

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