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re: I cannot figure out the logic of this.

Posted on 10/10/12 at 10:16 pm to
Posted by fasdit
Member since Mar 2011
35 posts
Posted on 10/10/12 at 10:16 pm to
Angry Beavers,
Have you simply tried asking your warehouse workers in person? Probably way more effective then us speculating.
Posted by ZereauxSum
Lot 23E
Member since Nov 2008
10176 posts
Posted on 10/10/12 at 10:17 pm to
quote:

Also, the guy who wins the first time is always ahead. The worst he can do is break even. When he quits or the game ends, he'll be anywhere from $0 to $900 up, depending on where he is in the cycle. Everybody else is always playing catch up.


This is a very good point.

If anyone but the last person quits or if this scheme (for lack of a better word) ends abruptly, there are going to be a lot of hurt feelings. I don't see this ending well.

Tough call, but if they were my direct reports I would probably consider telling them to knock it off before someone gets stabbed in the parking lot.
Posted by Gujam8
Member since Jun 2010
2361 posts
Posted on 10/11/12 at 5:26 am to
Good luck when the first guy bails out after his payday...
Posted by AngryBeavers
Member since Jun 2012
4554 posts
Posted on 10/11/12 at 7:50 am to
I did question it and their reasoning is they think it net's them more money over the course of the year. I tried to explain to them it doesn't but they did not believe the Gringo...
Posted by ZereauxSum
Lot 23E
Member since Nov 2008
10176 posts
Posted on 10/11/12 at 8:22 am to
quote:

their reasoning is they think it net's them more money over the course of the year.


Well, it will likely net some of them more money over the course of the year.
Posted by Swifty
Member since May 2012
950 posts
Posted on 10/11/12 at 8:40 am to
I think overall it's not a bad idea for those guys. Yeah, it makes no economic sense, but I'm sure when those guys bring home a paycheck the entire clan is in their pockets. Might as well delay a payday that their brood doesn't know about.

But someone gon get shanked if there is a missed payment. There goes your companies safety record...
Posted by AngryBeavers
Member since Jun 2012
4554 posts
Posted on 10/11/12 at 8:48 am to
It's actually something our VP is concerned about now that he knows. Not sure the best way to get them to stop.
Posted by Cold Pizza
Member since Sep 2011
7639 posts
Posted on 10/11/12 at 8:49 am to
quote:

I know people with graduate degrees that live paycheck to paycheck and are in perpetual debt


My sister (no pics) is a pharmacist. One of her biggest surprises when she started work was her colleagues' complete lack of financial skill and restraint. They would build a big house then complain about the utility bills. But the biggest thing was cars. One would go buy an new, loaded Acadia, and everybody else would rush out to do the same. A year later one would go buy a Lexus, and they would all go trade their year-old, sharply-depreciated Acadias off on the same model Lexus.
Posted by barry
Location, Location, Location
Member since Aug 2006
50337 posts
Posted on 10/11/12 at 11:38 am to
quote:

yea, but man, for real, the inability to manage money is not exclusive to blue collar workers. I know people with graduate degrees that live paycheck to paycheck and are in perpetual debt


I rather live paycheck to paycheck while driving a Mercedes than a malibu.
This post was edited on 10/11/12 at 11:39 am
Posted by Swifty
Member since May 2012
950 posts
Posted on 10/11/12 at 12:55 pm to
quote:

It's actually something our VP is concerned about now that he knows. Not sure the best way to get them to stop.



Haha, I lol'd. How can he. I can't imagine how you would phrase it.
Posted by AngryBeavers
Member since Jun 2012
4554 posts
Posted on 10/11/12 at 1:03 pm to
quote:

Swifty

Hey mexicanos,
Por favor, no seguirá participando en estúpidas decisiones financieras que puedan poner en riesgo la fuerza de trabajo de la empresa.
This post was edited on 10/11/12 at 1:15 pm
Posted by Swifty
Member since May 2012
950 posts
Posted on 10/11/12 at 1:14 pm to
quote:

AngryBeavers


Me encanta que saben cómo utilizar el traductor de google también!

Posted by AngryBeavers
Member since Jun 2012
4554 posts
Posted on 10/11/12 at 1:16 pm to
quote:

Swifty


Es la mierda!
Posted by Sorrento Muddbugs
Member since Sep 2011
1794 posts
Posted on 10/12/12 at 5:23 pm to
quote:

So I just found out that 10 of my warehouse workers do something very strange with their money. Every paycheck they all put $100 into a pool and 1 of them gets the $1000 every time. This repeats every pay day and they rotate so the next person gets the $1000. They are convinced that they are gaming the system by doing this.



My wife's family is from the Caribbean and this is very common but with a larger amount of money and less people. It's called Sou-Sou
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