Time banking
Time banking for companies
Time banking has worked in communities for decades. Hours applies the same hour-for-hour idea to business — a corporate time bank where verified companies exchange service hours.
What time banking is
In a community time bank, members give an hour of help and earn an hour they can later spend on help from someone else. Every hour counts equally, regardless of the task. The unit is time itself, not money, and the bank keeps the balances.
What changes in a company-to-company version
Hours keeps the hour-for-hour core but adapts it for firms exchanging services:
- Verified companies only. Individuals cannot buy or sell on their own behalf; every member is a verified company.
- Service orders. Each exchange runs under a simple service order between the two companies — scope, hour cap, dates, confidentiality.
- Receiver approval before minting. Credits are created only after the receiving company approves the logged hours, with a 72-hour dispute window. Nothing is minted on a timesheet alone.
- Quality mechanisms. The receiver accepts the specific person on an intro call, first engagements start small, and either side can stop between blocks.
What stays the same
Radical hour equality. One hour worked is one Hour credited — no seniority multipliers, no rate cards, no profession pricing. The equality that makes community time banks fair is exactly what makes a corporate time bank simple to trust.