As a simple example, let’s consider the following events:
Before Betty joined, it didn’t matter how much Alfred earned; any surplus distributed would be allocated entirely to him.
Jul 27, 2024Name | Member Date | Weeks YTD | Tenure (YTD/total) | Patronage Schedule (YTD) | Patronage (YTD) |
---|---|---|---|---|---|
Alfred | Apr 29, 2024 | 13 | 65 / 65 | 0 | 130 |
However, the week after Betty starts, Betty begins to accumulate patronage:
Aug 3, 2024Name | Member Date | Weeks YTD | Tenure (YTD/total) | Patronage Schedule (YTD) | Patronage (YTD) |
---|---|---|---|---|---|
Alfred | Apr 29, 2024 | 14 | 70 / 70 | 0 | 140 |
Betty | Jul 29, 2024 | 1 | 5 / 5 | 0 | 10 |
By the end of Q3, Betty has worked for 2 full months and Alfred has worked for 5, and the allocation of patronage reflects this split:
Sep 30, 2024Name | Member Date | Weeks YTD | Tenure (YTD/total) | Patronage Schedule (YTD) | Patronage (YTD) |
---|---|---|---|---|---|
Alfred | Apr 29, 2024 | 22 | 112 / 112 | 0 | 224 |
Betty | Jul 29, 2024 | 9 | 47 / 47 | 0 | 94 |
At the end of the year, Caitlin joins, but does not work a full week before the end of year calculations are made.
Dec 31, 2024Name | Member Date | Weeks YTD | Tenure (YTD/total) | Patronage Schedule (YTD) | Patronage (YTD) |
---|---|---|---|---|---|
Alfred | Apr 29, 2024 | 35 | 178 / 178 | 0 | 356 |
Betty | Jul 29, 2024 | 22 | 113 / 113 | 0 | 226 |
Caitlin | Dec 30, 2024 | 0 | 3 / 3 | 0 | 6 |
Assuming no further team members are added, by the end of the following year, even though all three worked full-time for the entire year, Alfred has slightly more patronage due to having started earning tenure earlier.
Dec 31, 2025Name | Member Date | Weeks YTD | Tenure (YTD/total) | Patronage Schedule (YTD) | Patronage (YTD) |
---|---|---|---|---|---|
Alfred | Apr 29, 2024 | 87 | 261 / 439 | 0 | 700 |
Betty | Jul 29, 2024 | 74 | 261 / 374 | 0 | 635 |
Caitlin | Dec 30, 2024 | 52 | 261 / 264 | 0 | 525 |
However, by the end of the year after that, all the tenure has reached its maximum contribution to patronage; as a result, the patronage shares have stabilized with all three members earning an equal share.
Dec 31, 2026Name | Member Date | Weeks YTD | Tenure (YTD/total) | Patronage Schedule (YTD) | Patronage (YTD) |
---|---|---|---|---|---|
Alfred | Apr 29, 2024 | 139 | 261 / 700 | 0 | 783 |
Betty | Jul 29, 2024 | 126 | 261 / 635 | 0 | 783 |
Caitlin | Dec 30, 2024 | 104 | 261 / 525 | 0 | 783 |