The following represents the staffing structure for Spuncksides Promotion Production LLC, a sole proprietorship managed by Alvin E. Johnson. Initially, all administration and accounting tasks will be contracted out, and additional staff will be obtained on a subcontract basis. No full-time staff will be required for the first three to five years. Once a proven track record of profit is established, the following key management positions will be filled.
Management and Key Staffing Roles
After the REIT fiduciary investment agency begins generating consistent profit, the following roles will be necessary for the agency’s continued success. Below is a list of key positions along with their median hourly and annual wages (based on 2008 data).
| Position | Hourly Wage | Annual Salary |
|---|---|---|
| VP Human Resource Director & Executive Marketing Manager | $52.20 | $108,580 |
| Advertising, Marketing, Promotions, Public Relations, and Sales Managers | $38.57 | $80,220 |
| Event Manager Agent and Business Manager of Artists, Performers, and Athletes | $30.26 | $62,940 |
| Payroll Financial Auditor | $28.57 | $59,430 |
| Programming Service Manager | $35.35 | $73,520 |
| Manager Audio and Video Equipment Technicians | $18.30 | $38,050 |
| Finance & Purchasing Secretary | $19.16 | $39,860 |
| Executive Secretary Legal Administration | $19.16 | $39,860 |
| Event Site Security & Survey Manager | $21.28 | $44,260 |
2025 Staffing Salary Projections Compared to 2008
This table provides an updated projection of staffing salaries for 2025, compared to the 2008 data. The updated figures reflect inflation, market trends, and the increased demand for specialized roles in the real estate, marketing, and sustainable development sectors. Projected increases are estimated at an average annual inflation rate of 2.5% from 2008 to 2025.
Salary Comparison Table: 2008 vs 2025
| Position | 2008 Hourly Wage | 2008 Annual Salary | 2025 Projected Hourly Wage | 2025 Projected Annual Salary |
|---|---|---|---|---|
| VP Human Resource Director & Executive Marketing Manager | $52.20 | $108,580 | $73.60 | $153,080 |
| Advertising, Marketing, Promotions, Public Relations, and Sales Managers | $38.57 | $80,220 | $54.36 | $113,070 |
| Event Manager Agent and Business Manager of Artists, Performers, and Athletes | $30.26 | $62,940 | $42.63 | $88,670 |
| Payroll Financial Auditor | $28.57 | $59,430 | $40.24 | $83,700 |
| Programming Service Manager | $35.35 | $73,520 | $49.79 | $103,380 |
| Manager Audio and Video Equipment Technicians | $18.30 | $38,050 | $25.78 | $53,630 |
| Finance & Purchasing Secretary | $19.16 | $39,860 | $27.00 | $56,160 |
| Executive Secretary Legal Administration | $19.16 | $39,860 | $27.00 | $56,160 |
| Event Site Security & Survey Manager | $21.28 | $44,260 | $29.94 | $62,270 |
Total Staffing Costs Comparison
In 2008, the total annual salary expenditure for the listed positions was $546,720. With the projected salary increases for 2025, the total staffing costs are expected to rise to approximately $809,120.
Key Observations
- VP Human Resource Director & Executive Marketing Manager: The salary for this role has increased significantly due to higher demand for leadership roles in the evolving REIT and sustainable development sectors, reflecting a projected 41% increase from 2008 to 2025.
- Advertising and Marketing Managers: The roles have seen a notable increase due to the growing reliance on digital marketing, promotions, and public relations in the competitive real estate market.
- Payroll Financial Auditor & Programming Service Manager: These roles have experienced a steady increase as regulatory compliance and technology integration in finance and services have become more critical.
Total Staffing Costs
The combined total of all annual salaries for the key positions listed above is $546,720.00. This represents the total salary expenditure after the REIT fiduciary investment agency is fully operational. Additional staff may still be obtained on a subcontract basis as needed to control costs.
Projected Revenue and Profit
Based on a projected income of $680,000.00 from ticket sales and other sources of revenue, the total staffing costs would leave a remaining profit of $133,280.00 after all salaries have been accounted for. This figure does not include other operational costs, which would need to be covered from the remaining revenue.
Subcontracting and Administrative Operations
To reduce overhead, all administration and accounting will initially be contracted out to third-party firms. Subcontracting staff during the early stages of the agency’s development will help minimize costs while ensuring flexibility and scalability in staffing as the business grows.
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