Every day my office becomes more and more a parody of itself. For example, a few months ago the now infamous "Social Committee" was formed. I believe most people saw this committee as an entity that would plan social events around the office and some external ones. However the Social Committee is so much more than a party planning committee, with 28 pages of bylaws and rules, so many rules!
The latest project of the Social Committee is the Gift Fund, or as I'm seeing it, a way to make $30.
So what is the Gift Fund? Well here's how it works, once a year employees who choose to participate will donate $20 into the Fund. When an employee has a death in the family or becomes sick, the Social Committee will use money from the Gift Fund to purchase a $50 plant for the employee. If an employee has a child or adopts a child, they will receive a $50 gift card, purchased from the Fund. If you didn't contribute to this fund, you don't get anything. So if someone's parent were to die, and they didn't pay $20 for the year, they won't get anything from the company.
Let's put a little perspective on this situation. I work for a company that has $1 billion in assets and volunteer for a 501c3 non-profit roller derby organization that doesn't really have assets. As you might imagine, those playing roller derby tend to get injured more often than your average office worker. However, somehow the volunteer-based roller derby league manages to afford a floral arrangement and a card for an injured skater or even for a business partner who has gone through tough times personally.
So where does $30 come in? I pay a certain amount every year for my car insurance, just in case something happens to my car. Perhaps I be doing this for gifts as well. I mean, if I find myself knocked up, I want my rightful $50. A guaranteed return on investment there. That's like a 150% return. We have this amazing medical plan, premiums paid and reimbursement for medical bills. And I don't have to keep the baby. Sure it's a lot of work for $30, but it's guaranteed money. Plus I'd actually save $35 a month when I'm not using birth control! And of course the baby shower gifts are just more profit.
Now it comes down to a matter of timing. You only get the gift certificate after the baby arrives. It's too late in the year for me to benefit by contributing to the 2011 fund. I've got a lot of work to do, and in a way not really so much.