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Harry's Employees
Harry Krause wrote:
I can just hear -barely- the Republicans whining this fall that "we're not in a recession, everything is fine, the rich are still rich, and the barely employed and unemployed and homeless don't matter." Harry, You haven't replied to my query and I'm very curious. Since you brought up the subject of employment, are you still able to furnish those wonderful benefits for all your employees? That's quite a feat, and I'm wondering how in the world you can to it. From a prior Harry Krause posting: I'm doing my part to ease unemployment. I'm hiring another writer for my staff.. 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? The 20 paid sick days aren't part of the "paid" days off unless those days are used. None of our people abuses sick leave. In fact, no one as yet has even come close to using 20 sick days in one year. They're there in case they're needed. 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. |
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