Time Banking Presentation


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A presentation about time banking and its potential - with special reference to Ireland.

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  • Time Banking Presentation

    1. 1. TIME FOR A NEW KIND OF BANK: Towards establishing time banking in Ireland Michael Daly: Trinity College Dublin contact: [email_address]
    2. 2. What is time banking? <ul><li>A network of people using time as currency to exchange services </li></ul><ul><li>Person A does something for Person B, B pays A using time credits and Person A can spend these time credits on recruiting the services of Person B or any other person using the time bank </li></ul>
    3. 3. How does it work? <ul><li>Interested people join the time bank and list the kinds of skills or help they can offer others </li></ul><ul><li>The services people are offering can be seen by all time bank members </li></ul><ul><li>As part of the time bank everyone can then earn time credits by helping someone and spend time credits by having someone else help them </li></ul>
    4. 4. How does it work? <ul><li>As a rule every hour spent helping someone is worth 1 time credit </li></ul><ul><li>Paper time currency is exchange for offline systems or and an automated system is used for online banks </li></ul>
    5. 5. Why do we need time banks? <ul><li>We no longer know our neighbours as well as we have done in the past (e.g. Putnam, 1996) </li></ul><ul><li>We have a fundamental need to belong to groups, communities, and to grow our social networks </li></ul><ul><li>Giving, receiving, reciprocating, and using our skills to help others are positive experiences </li></ul>
    6. 6. Why do it? <ul><li>Personal benefits: </li></ul><ul><li>Exchange useful services- </li></ul><ul><li>DIY (e.g. gardening, painting, flooring etc.), music & art lessons, crafts, sports tuition, childcare, school & college grinds, software & web design, family finances.. </li></ul><ul><li>Feel-good-factor: “Neighbour helping neighbour” , make a difference, give back, make use of abilities, be part of a community of people with the common goal of helping each other </li></ul>
    7. 7. Why do it? <ul><li>Societal benefits: </li></ul><ul><li>- Builds trust, altruism, cooperation ( social capital), </li></ul><ul><li>strengthens social networks, engages people of </li></ul><ul><li>the margins, provides an outlet for proactive </li></ul><ul><li>people, can create a continuous stream of </li></ul><ul><li>community activity </li></ul>
    8. 8. Why now? <ul><li>New gaps in time, well-being, pockets (!) </li></ul><ul><li>Rich stock of good will (e.g. recent surge in volunteering, volunteer.ie cites 100%+ increase nationwide) </li></ul><ul><li>Recent trends in media coverage indicate people are interested in time banking </li></ul>
    9. 9. Redefining volunteering <ul><li>The person you help needs to help someone else in turn </li></ul><ul><li>A way to pay the debt of time forward </li></ul><ul><li>Ripple effect propagates helping throughout a community. Because I've received help I now am obliged to help someone else in order to stay in the system. </li></ul>
    10. 10. Origin and supporters <ul><li>Edgar Cahn (1992) – ‘ Time Dollars: The New Currency That Enables Americans to Turn Their Hidden Resource-Time-Into Personal Security and Community Renewal’ </li></ul><ul><li>New Economics Foundations London (2008, November) – ‘ The new wealth of time: How timebanking helps people build better public services’ and featured in ‘From the ashes of the crash; 20 first steps from new economics to rebuild a better economy’ </li></ul>
    11. 11. Time banking: In the news
    12. 12. Time banking: Google trends
    13. 13. Time banking: From the Ideas Campaign <ul><li>A survey of the output from the ideas campaign </li></ul><ul><li>Social and Voluntary Services- 217 ideas posted </li></ul><ul><li>Main themes: </li></ul><ul><li>Promote volunteering (12%) </li></ul><ul><li>Developing community (23%) </li></ul><ul><li>Focus on keeping the skills of the unemployed in use (14%) </li></ul>
    14. 14. <ul><li>“ Barter skills.” </li></ul><ul><li>“ Bartering of ideas.” </li></ul><ul><li>“ Childcare co-op.” </li></ul><ul><li>“ Community LETS schemes, where one can barter skills.” </li></ul><ul><li>“ Create a system based on tokens instead of money.” </li></ul><ul><li>“ Create a web tool to facilitate volunteering and community involvement.” </li></ul><ul><li>“ Golden Day Skills Bank” </li></ul><ul><li>“ Mutual volunteering system.” </li></ul><ul><li>“ Unemployed give back to the community.” </li></ul><ul><li>“ Volunteers sharing their skills.” </li></ul>Time banking: From the Ideas Campaign
    15. 15. What time banks already exist? <ul><li>US - Community weaver commercial software, used by 100+ time banks </li></ul><ul><li>UK – Offline coordination, several dozen time banks </li></ul><ul><li>listed on centralized website, publicity videos </li></ul>
    16. 16. A profile of UK time bank users vs. conventional volunteers <ul><li>“ 58% from low income households (volunteering = 16%) </li></ul><ul><li>20% are disabled or have long term illness </li></ul><ul><li>(volunteering = 3%) </li></ul><ul><li>72% not in formal employment (volunteering = 40%) </li></ul><ul><li>42% are retired people (volunteering = 19%)” </li></ul><ul><li>From Time Bank UK. “ Getting to the heart of communities”. Powerpoint presentation. Wolverhampton: April 2005. </li></ul>
    17. 17. Existing online time banking services Spain - Free service, heavy advertising, users across Spain Northern Ireland - Free service, no advertising, users across Belfast
    18. 18. Developing a time bank community (offline) <ul><li>Based in small communities </li></ul><ul><li>Non-reliance on familiarity with ICT/web-search tools </li></ul><ul><li>Target users: Aged 40 + with tradable typically non-market skills (e.g. DIY (e.g. gardening, painting, flooring etc.), lifts in car, music & art lessons, crafts, needlework, company, childcare, school grinds..) </li></ul>
    19. 19. <ul><li>Needed: A core group of enthusiastic and committed people </li></ul><ul><li>Membership coordinator and others find skill/need matches amongst members </li></ul><ul><li>Trades are made by simply using printed time currency notes (e.g. 1 hour = 1 time note, can be named locally- ‘1 Cuidigh’ – meaning assistance) </li></ul>Developing a time bank community (offline)
    20. 20. <ul><li>When the Community Time Bank is formed you will need to allocate team roles </li></ul><ul><li>Time Banks last longer and are more robust when they are staffed by more than one person (One person with heaps of enthusiasm and vision is still one person at the end of the day!) </li></ul><ul><li>Time Banking is about team leadership and creating a Time Bank where all members have 'bought in' and are engaged in its management is crucial to its success </li></ul>Developing a time bank community (offline)
    21. 21. <ul><li>6 key roles are recommended: </li></ul><ul><li>Officer I Time Bank Ambassador - New Member Recruitment </li></ul><ul><li>Officer II. Membership Coordinator - Initial Member Welcome/Orientation, Touch base, Making matches based on member needs </li></ul><ul><li>Officer III. Events Coordinator - Coordinates group activities of the Time Bank </li></ul>Developing a time bank community (offline)
    22. 22. <ul><li>Officer IV. Admin and Liaison – Manages registration of new members. Responsible for advertising the group (local notice boards, newspapers, community webpage). </li></ul><ul><li>Officer V. Time Bank Accountant – Responsible for keeping track of the number of hours traded (gross levels to estimate time bank usage). Responsible for distributing the time bank currency notes. </li></ul><ul><li>Officer VI. Team Leader - Ensures that everybody is happily taking responsibility for their position. </li></ul><ul><li>Adapted from: Time Bank USA Member-Lead Manual </li></ul>Developing a time bank community (offline)
    23. 23. <ul><li>An online national network providing a centralised platform from where time banking can grow (Target group: aged 15 - 40 offering widely sought services) </li></ul><ul><li>The national network will provide access to contacts both in local areas and across broad geographic distances (people are mobile and many trades can be made without physically meeting people (e.g. editing documents, websites, providing advice over the phone etc.). </li></ul>Developing a time bank community ( online )
    24. 24. Developing a time bank community (online) <ul><li>The most important component of the website is a search facility with sufficient features and functions to allow people to efficiently find a person to match their specific unmet need. </li></ul><ul><li>The national network needs to be integrated into existing structures to ensure awareness, efficiency and success. </li></ul>
    25. 25. Developing a time bank community (online) <ul><li>Components of an online time bank: </li></ul><ul><li>Register (username, email, picture, location, offered skills) </li></ul><ul><li>Rules (hour for an hour, pay after </li></ul><ul><li>service is provided, need to provide services) </li></ul><ul><li>The seller bills you and you ‘pay’ for the service by crediting the sellers account which automatically debits your account. </li></ul>
    26. 26. Developing a time bank community (online) <ul><li>Example of a trade </li></ul><ul><li>- You need to put up new </li></ul><ul><li>shelves </li></ul><ul><li>- Look up the offerings listing </li></ul><ul><li>to see is anyone offering </li></ul><ul><li>shelving/carpentry services and/or </li></ul><ul><li>advertise your need for assistance </li></ul><ul><li>- Click on the persons name </li></ul><ul><li>to obtain contact details. </li></ul><ul><li>Contact the person to </li></ul><ul><li>arrange the time. </li></ul>
    27. 27. Developing a time bank community (online) <ul><li>Transaction as it appears online: </li></ul><ul><li>- The seller debits the buyer who must accept </li></ul><ul><li>the transaction for it to be processed </li></ul>
    28. 28. Developing a time bank community (online) <ul><li>Additional components: </li></ul><ul><li>Homepage with instructions and website news </li></ul><ul><li>Individual profile page </li></ul><ul><li>Time account balance and transaction history </li></ul><ul><li>Inbox for receiving requests/replies </li></ul>
    29. 29. Developing a time bank community (online) <ul><li>Additional components (cont’d) </li></ul><ul><li>Invite friend tool where people can request that their friends take part </li></ul><ul><li>Online system friends (similar to social network or linked to Facebook group page) to enhance trust </li></ul><ul><li>Leave feedback on services option </li></ul><ul><li>Visual representation mapping members and transactions </li></ul>
    30. 30. People have tradable skills, unmet needs, spare time. Many want to help others, build their network of contacts. Time banking in one slide..
    31. 31. Where to now?: Experienced advice <ul><li>How to enable the time banking vision of long term change and mutual support to become a reality? </li></ul><ul><li>Q: What do people say who have grown their own time banks? </li></ul><ul><li>- Building a new network is rewarding but challenging </li></ul><ul><li>- There are some key ingredients “communication, trust, and celebration” are key – Sarah Burns (founder of a community time bank in the UK) </li></ul>
    32. 32. <ul><li>- “ the most important aspect of developing a network is having a strong focus on personal networking, this includes time and resources” </li></ul><ul><li>- “ to minimize barriers to participation positive steps should be taken to include stakeholders in development discussion” </li></ul><ul><li>– Claire Navaie </li></ul><ul><li>(founder of a community time bank in the UK) </li></ul>Where to now? : Experienced advice
    33. 33. Where to now? Finding a partner to promote time banking <ul><li>A business partner interested in adding their brand to the time bank network </li></ul><ul><li>Existing community groups and networks can use time banking to grow their base and incentivize people to help each other </li></ul><ul><li>Like who? The national volunteer centre network, local community groups, charitable organizations, community focused web organisations </li></ul><ul><li>Awareness of an online time bank could be generated through a media campaign coupled with a national postal survey to sign-up interested people </li></ul>
    34. 34. Strengthening time banking <ul><li>A national network of time banks: Can be used to share information and resources amongst people who champion time banking in their local areas </li></ul><ul><li>A national network would allow for training and workshop days to be formalised to demonstrate how to set up and run a time bank </li></ul><ul><li>Regular community events and an annual awards </li></ul><ul><li>ceremony for those who drive time banks forward </li></ul><ul><li>in their local communities </li></ul>
    35. 35. Key online resources <ul><li>http://www.timebanking.org/resources.html </li></ul><ul><li>http://www.timebanking.org.uk/key_role1.asp </li></ul><ul><li>http://www.timebanks.org/ </li></ul><ul><li>http://www.neweconomics.org/gen/m2_i7_timebanks.aspx </li></ul><ul><li>http://www.kroonos.com/ </li></ul><ul><li>http://justxchange.org/ </li></ul><ul><li>http://www.feasta.org/ </li></ul>