Reply To: How no-show investors profit from our efforts

I’m in favour of strata committee members being paid for their work provided that have:

1. Completed a recognised course in strata committee management (with a refresher every two years)
2. Attended a certain number of meetings every year (or not missed too many)
3. Are never more than 14 days behind with their levies
4. That the payments be on a scale set by Fair Trading based on the number of units in the scheme.
5. That the payments approval be renewed by special resolution (75 per cent of those voting) at every AGM.

I think that would allow those who are genuinely interested in the well-being of the building to be rewarded for their efforts, but make it easy to get rid of them when the payments, and staying in power to maintain them, become more important than the work.

And let’s not kid ourselves, there is an element of self-satisfaction in doing the work, as well as an almost primal urge not to allow some newbie to come in and undo all the hard work we’ve put in for years.

In this era of extremes, it’s sometimes hard to find balance, but that doesn’t mean we shouldn’t try.