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Started By
Message
How Would You Handle? Employee spends too much on company card. But is top producer...
Posted on 6/28/22 at 7:23 am
Posted on 6/28/22 at 7:23 am
I have not said anything yet and not sure if I am going to say anything.
We are a small business. One of our employee's crushes it and makes a ton of money for the company.
We have per diem rules in place for everyone ($125 a day) and he really just ignores them completely.
Last night he dropped $250 at high end steak house for dinner alone.
If this were an average producer, I would be raining hail fire but this guy is probably triple in revenue than the next closest guy.
I don't mind rewarding him but seeing him completely disregard the per diem rule has me feeling uneasy.
Is this an ego thing on my end and I should leave this alone or should I talk to him? I really don't want to rock the boat as I said he is a top producer.
We are a small business. One of our employee's crushes it and makes a ton of money for the company.
We have per diem rules in place for everyone ($125 a day) and he really just ignores them completely.
Last night he dropped $250 at high end steak house for dinner alone.
If this were an average producer, I would be raining hail fire but this guy is probably triple in revenue than the next closest guy.
I don't mind rewarding him but seeing him completely disregard the per diem rule has me feeling uneasy.
Is this an ego thing on my end and I should leave this alone or should I talk to him? I really don't want to rock the boat as I said he is a top producer.
128
Posted on 6/28/22 at 7:24 am to I Love Bama
perks are for winners
This post was edited on 6/28/22 at 8:04 am
Posted on 6/28/22 at 7:24 am to I Love Bama
You better get Chad in line. If not next thing you know your kids are calling him Daddy
Posted on 6/28/22 at 7:24 am to I Love Bama
quote:
We have per diem rules in place for everyone ($125 a day) and he really just ignores them completely.
Last night he dropped $250 at high end steak house for dinner alone.
Sounds like you work for him and not the other way around.
Posted on 6/28/22 at 7:25 am to I Love Bama
If you have a rule, enforce it.
Posted on 6/28/22 at 7:25 am to I Love Bama
Was he taking a client out for dinner? Is he gonna close a big deal worth way more than a couple hundred bucks?
Rules are there to limit the losses of losers. Winners bend them to win the game.
Rules are there to limit the losses of losers. Winners bend them to win the game.
Posted on 6/28/22 at 7:25 am to I Love Bama
If this in finance that's in violation of FINRA rules baw.
Posted on 6/28/22 at 7:25 am to I Love Bama
I thought you were just a landlord now and just traveled all over?
Posted on 6/28/22 at 7:26 am to I Love Bama
Don’t let a penny hold up a dollar.
Posted on 6/28/22 at 7:26 am to I Love Bama
"Hey man, I don't mind you treating yourself every now and then since you have earned it, but try to keep most of the meals within the per diem limit."
If your other employees find out you let him slide, they will start to as well.
If your other employees find out you let him slide, they will start to as well.
Posted on 6/28/22 at 7:26 am to I Love Bama
Does it average out to $125/day overall?
Posted on 6/28/22 at 7:26 am to I Love Bama
I'd treat it like I do with my kids.
Sometimes, rules can be flexible and make sure he knows that. BUT, he has to understand you know about it and are choosing to allow it. Moving forward, anything over the $125 is acceptable but only 50% of whatever is over $125 will be approved and he can cover the rest himself up to $____.
Sometimes, rules can be flexible and make sure he knows that. BUT, he has to understand you know about it and are choosing to allow it. Moving forward, anything over the $125 is acceptable but only 50% of whatever is over $125 will be approved and he can cover the rest himself up to $____.
This post was edited on 6/28/22 at 7:27 am
Posted on 6/28/22 at 7:26 am to fr33manator
quote:
Rules are there to limit the losses of losers. Winners bend them to win the game.
This is where I am leaning.
Posted on 6/28/22 at 7:26 am to I Love Bama
quote:
raining hail fire
That would be something to see.
And did he spend $250 solo or was he entertaining clients?
Posted on 6/28/22 at 7:27 am to LSUBoo
quote:
And did he spend $250 solo or was he entertaining clients?
Solo or with a tinder skank i assume
Posted on 6/28/22 at 7:27 am to I Love Bama
If he's making you a ton of money why are you sweating over $125?
Posted on 6/28/22 at 7:27 am to I Love Bama
i can only hope that you have a good (professional and personal) relationship with this person. Assuming that is accurate, then laughingly mention it.
"Dude, is that really necessary? You know if you did not produce the numbers that you produce, then this would be a very different conversation."
In the case that your company has profit sharing....that is an easy point to make. He is cutting into profits by his elevated spending.
You are over thinking the sh!t out of this.
"Dude, is that really necessary? You know if you did not produce the numbers that you produce, then this would be a very different conversation."
In the case that your company has profit sharing....that is an easy point to make. He is cutting into profits by his elevated spending.
You are over thinking the sh!t out of this.
Posted on 6/28/22 at 7:27 am to kywildcatfanone
I would definitely have a talk with him. Not to fuss at him but a level headed discussion. I would probably even tell him he’s allowed to spend more if he’s that big of a producer. I just don’t think you can avoid the situation bc it will only get worse.
Posted on 6/28/22 at 7:28 am to stout
quote:
I thought you were just a landlord now and just traveled all over?
You're a little behind. Sold almost all my RE this last year.
Posted on 6/28/22 at 7:28 am to Salmon
quote:
"Hey man, I don't mind you treating yourself every now and then since you have earned it, but try to keep most of the meals within the per diem limit." If your other employees find out you let him slide, they will start to as well.
I’ve got a better idea.
He’s just getting the “top producer bonus” which increases the daily limit for that guy.
If the other employees want that, they have to outsell him. and if he wants to keep that perk he has to stay on top
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