Yet Another Bulletin Board
Sponsored by: The Fans!
Welcome, Guest. Please Login or Register.
Nov 23rd, 2024, 6:45pm

Upcoming Premiere Dates:
Survivor 23, Season premiere
Thursday, September 14 (8:00-9:30 PM, ET/PT) on CBS
Home Home Help Help Search Search Members Members Chat Chat Member Map Member Map Login Login Register Register

| Fantasy Survivor Game | Music Forums | The '80s Server Forums | Shop Online |


Metropolis Reality Forums « Bank Gives Employees $1,000 to Spend on Needy »

   Metropolis Reality Forums
   Off-Topic Forums
   In the News (Moderators: lakelady, yesteach, MediaScribe, Bumper, Isle_be_back)
   Bank Gives Employees $1,000 to Spend on Needy		 Previous topic | New Topic | Next topic »
Pages: 1  Reply Reply Add Poll Add Poll Notify of replies Notify of replies Send Topic Send Topic Print Print
   Author  Topic: Bank Gives Employees $1,000 to Spend on Needy  (Read 530 times)
Rhune
ForumsNet Administrator
USA 
*****





29289456 29289456   rhune_1971   Rhune1971
View Profile Email

Gender: female
 Posts: 292
Bank Gives Employees $1,000 to Spend on Needy
« on: Dec 18th, 2007, 11:14am »		 Quote Quote Modify Modify
Bank Gives Employees $1,000 to Spend on Needy
Tuesday, December 18, 2007
Associated Press
 
FARGO, N.D. —  A bank is giving its full-time employees $1,000 each and part-time employees $500 each. There's one condition — use it for people in need.
 
State Bank & Trust Chief Operating Officer Michael Solberg said each full-time employee will receive $1,000 and each part-time employee will receive $500, as part of a $502,000 "Pay it Forward" initiative.
 
"We're going to really see some huge impact on our community," Solberg said.
 
Employees were told not to use the money for themselves, their families or families of other bank employees. The bank asked each employee to document the good deed with a video camera. The deadline is June 30.
 
The employees were told they may choose an individual cause, pool their money for a larger project or collaborate with donors outside the bank. The privately owned bank has more than 500 employees, he said.
 
The bank made the announcement over the weekend.
 
In previous years, the Fargo-based bank has taken 5 percent of the company earnings and divided it up at holiday time among employees.
IP Logged
Back to top
Rhune
ForumsNet Administrator
USA 
*****





29289456 29289456   rhune_1971   Rhune1971
View Profile Email

Gender: female
 Posts: 292
Re: Bank Gives Employees $1,000 to Spend on Needy
« Reply #1 on: Dec 18th, 2007, 11:19am »		 Quote Quote Modify Modify
A noble gesture, and I think it's a good thing to do, there has to be some satisfaction in helping people personally and documenting it.  However, for the families that were used to the 5% bonus thingy they've done in all past years, and mistakenly budgeted to include it, this kinda sucks. I hope the employees were at least warned and given time to adjust to account for not getting a Christmas bonus this year.  Not that I think people are automatically entitled to a bonus or that companies can't change the way they do things, I just think people need to be warned well in advance.  This may have relieved some financial hardships and caused others.  Sad
IP Logged
Back to top
Pages: 1  Reply Reply Add Poll Add Poll Notify of replies Notify of replies Send Topic Send Topic Print Print

Previous topic | New Topic | Next topic »

Metropolis Reality Forums » Powered by YaBB 1 Gold - SP 1.3.1!
YaBB © 2000-2003. All Rights Reserved.