Friday, 11-December-2009

1) So Boss is taking a headcount for lunch. She's purchasing burgers from her favorite burger joint. She was looking for JG to see if he wanted a burger, but he had stepped out of the office to drop off KN's, our RR, package at the Post Office to have it overnighted. Well, Boss, gets upset because he was not here. NOTE: She was also probably upset that JG used her time (that she's paying him) to deliver something helping KN's business.

Thursday, 10-December-2009

1) So we had a meeting today in response to what is going to happen to the 401k program here. The policy for the 2010 401k program is in-line with most other companies that I worked with. It will be a .50 cent match dollar for dollar up to 6% of gross salary. I think that's very fair, and that's probably how the 401k program should have been all this time. There are some additional rules though. The 401k plan calls for the employer to cap 50% of the gross salary in the first and last six months of the year. In other words, a contributor cannot stack the last few paychecks by year end to maximize the match. This is done to protect the employer matching.

HK needed an update on the 401k, because it was a determinant on whether she was going to quit on the spot or stay a little bit longer. HK was able to get a slightly increase in her match with the last two paychecks, and Boss had to make it a point in the meeting that "...its gonna kill the business if i do that contribute $625/period, but I will do it..." NOTE: If $625 or $1250 in total is going to kill the business, this business is in a lot of trouble. Plus, that was a very crappy thing to say, nothing should have been said at all.