One time I got a check for 3 cents, it was a makeup check cause of me being on clock over 8 hrs. a day over a period of time from the post office, I never cashed it, how it messed up their books.
Our company stresses "peer checks" yet I work 70 hours last week and take home $40.13.... some say I'm still over paid..LOL
One time I got a check for 3 cents, it was a makeup check cause of me being on clock over 8 hrs. a day over a period of time from the post office, I never cashed it, how it messed up their books.
Yes, $.10 check to balance the books for the auditor!
Cost them more to process the check than it was worth!
Love our system!
Rosy
Maybe it's me but I never understood why anyone would want to hurt financially the company they work for whether it's for a dollar or a dime. If every employee and customer deliberately screwed the company every chance they got, you stand a pretty good chance of being on the street looking for another job because the company would eventually fold up shop. Wouldn't it make more sense to try and maximize their bottom line rather than screwing with it? I don't get it.
I worked for the VA in finance for several years. We sent several checks out for small amounts just to balance out an account. If the check doesn't come back or gets cashed it just gets rolled over into a general account. Just the way it goes.
This company has a union work force,and it has to be union because of the way the company treats its workers.yea even this day and age . At one time the company lock out the union because the contract had run out,even though the union agreed to work under the old contract until and new contract was settled.It cost the union workers about $80,000 in lost wadges.When they went back to work the company settled on a contract that was better for the union workers than they had ask for when they were locked out to begin with.You are right about one thing,If you have never worked for this company,you can never understand.I know I didn't until I work for them for nearly 3 years.
not a check but I have got bill for .20 cent. now how much did it cost them to send that out
1998 Harley FatBoy
2006 GL1800 Lehman trike Kit
2 dogs and a wife
I have an account, savings that has $5 in it. At one time I had 10K in it and wanted to buy a Porsche 914 to restore, the guy wanted $2,500. I asked the credit union for a used car loan and to use the 10K as security. (lost lots of interest if it dropped below 9k). I wanted the used car loan cause I was enlisting in 30 days and could pay the car off then. I know long story. To speed it up, they turned me down. I took the 10k out, bought the car and left $5 in the account.
That was in 1982. They have been sending me statements for 33 years via the mail. About 15 years ago they told me since it was a low activity account, they would only send statements every quarter.
About 10 years ago, I started getting letters saying unless there was activity in the account, they had the legal right to close the account and forward all funds to me. So now when I get one of those letters, I electronically, via my phone deposit a check for $5. Once it shows up on the statement, I request a withdrawal for all but $5 and they send me a check for $5.
It's a credit union that "caters" to the military, not Navy Federal, so I guess they don't want to close the account and upset me, a vet.
I'm curious over the years what that has cost them in postal fees.