View Single Post
  #1   Report Post  
posted to rec.boats
[email protected] georgecboater3@gmail.com is offline
external usenet poster
 
First recorded activity by BoatBanter: Mar 2013
Posts: 110
Default F.O.A.D. was this before your first or your second bankruptcy?

In the exact words of the Krausii Liesallthetime Marylandus:

I'm doing my part to ease unemployment. I'm hiring another
writer for my staff. Will be putting the ad on MONSTER.COM and in the Wash Post.


I need more staff because 2004 is a major election year and business
booked to date indicates we'll be drowning in work. We need to hire a
production coordinator, too. It has very little to do with the state of
the economy, other than using it as reason to defeat Republicrap
candidates.
We have first-class benefits, including a top-of-the-line health
insurance plan, a non-contributory defined-benefit pension plan, a 401k,
and a life insurance policy equal to annual salary. We contribute a
share of profits to the 401k on behalf of the employee. Our employees
pay $4.50 for generic prescriptions and $8.00 for non-generics, but
that's going up next year to $10 and $15. New employees get two weeks
vacation the first year, and that goes to three weeks the third year. In
addition, we have 12 paid holidays and we shut down from noon on
Christmas eve to the day after New Year's Day. We also provide 20 days
of paid sick leave a year. And we have an outside company administering
pre-tax flexible bennies for our employees.
Our fringe benefit package follows the trade union model, except, of
course, for the profit contributions to 401k's. Trade unions are
not-for-profit enterprises.
How do these compare to the bennies at your shop?

Oh, I forgot. We also provide everyone with LTD.
The company provides an insurance plan that pays 50% of an employe's
salary for Long Term Disability. Employes have the option of purchasing
an additional 16.66%, bringing their total to 66.66%. The basic benefit
maximum is $4,000 per month. With the buy up, the limit is increased to
$10,000 per month.