COSVRY INVESTMENTS

COSVRY INVESTMENTS

Friday, June 19, 2015

TYPICAL STAFF BENEFITS TO BE OFFERED BY THE “HOLDING BASE” & ITS SUBSIDIARY PROPRIETORSHIPS - UPDATED 6/23/2015

Introduction:
Those who will be employed by the Proprietorship are being considered as professionals deserving of the type of “awards” that are made available to staff, this amendment to the post
TYPICAL STAFF BENEFITS TO BE OFFERED BY THE “HOLDING BASE” & ITS SUBSIDIARY PROPRIETORSHIPS will address an additional benefit to be known as the “Fleet/Leased Vehicles Program” that will be instrumental in the personal and professional lives of many of these individuals, in return for their years of continuous, merit worthy service. Please follow below for details regarding this additional discussion.

Here are the Background Issues of Interest:
For those offered employment, these types of benefit “awards” can be expected: 1) Relocation Assistance will be made available that will include a standard cash payment in addition to paid travel. For those who travel by car (recommended), the standard amount used by the IRS with regards the per mileage reimbursable rate will be paid (ex. .50/mile), those who submit documentation in support of their travel requests, that can include food and lodging on the route towards their destination; 2) Subsidized Rents for those Coordinators and Marketing/Sales Consultants stationed in National Base and similar distant locations, which is essentially an increase in salary (the difference between what would normally be paid and what is actually paid in rent in these pricey locals) for those in such locations that is not available to others directly in the same manner but, which they will also receive in different ways), the subsidized rent/income increase will be reflected on the annual tax-related documentation; 3) Equally Shared Royalty Payments for those staff members who excel at being innovative and develop unique designs worthy of pursuing patent protection for these ideas and for, which successful patent claims are obtained. As a result, all royalties obtained will be shared at a rate equivalent to 50/50 percent (%) with the applicable staff member and where multiple individuals share the innovation, they will all share the royalties collected equivalent to the staff 50% split. The remaining 50% will be the Proprietorship’s share of the royalties collected; 4) Incentive Cash Payments will be made available to those staff members who submit written suggestions that result in efficiency savings by the Proprietorship. For example, if a staff member submits an idea for conducting business more efficiently regarding a specific activity (carried out by the Proprietorship), and savings are realized when the alternate method of conducting the same task suggested is implemented, the staff member will receive a cash award equivalent to the following criteria. If cash savings of up to $1000.0 are realized, then a cash payment equivalent to $300.00 will be paid to the staff member. If savings equivalent to $1001.00 and $5000.00 are realized when the suggestion is implemented, a cash payment equivalent to $400.00 will be paid to the staff member. On the other hand, if savings equivalent to $5001.00 and $10,000.00 are realized when the suggestion is implemented, then a cash payment of $500.00 will be paid to the staff member. Finally, if savings of greater than $10,001.00 are realized, then a cash payment of $600.00 will be paid to the staff member. This will be the “Holding Base” Proprietorship’s avenue to encourage staff to make recommendations regarding methods that can improve their working conditions by conducting business more efficiently. 5) The Fleet/Leased Vehicles Program will be made available to all staff holding a valid driver license. The “Holding Base” will use its collective purchasing ability to effect an arrangement with one selected manufacturer from, which all the vehicles will be purchased at a favorable price. It is anticipated that two (2) ONLY manufacturers will be selected from which quotes will be requested and the manufacturer offering the better cost arrangement that can in turn be passed on to the staff, will be the “Manufacturer of Choice” and the specific make/model selected will be known as “fleet” make/model Program vehicles for those desirous of taking part in this Program. The individual staff will lease the vehicles from the Proprietorship and the payments will in turn be deducted from their paychecks each month and it’s the expectation that these vehicles will last for a minimum of four (4) years, at, which time the vehicles will be traded in and new vehicles purchased by the “Holding Base” and offered to the staff as leased vehicles in the same arrangement. All savings realized from this Program will remain in the “pool” of funds set aside for this purpose into, which the monthly leased payments will also be deposited for servicing the fund/avenue (financial institution) via, which the funds are obtained. It is the expectation that all staff participating will maintain valid vehicle insurance and licenses (as required by law) on these vehicles at all times and keep up with required servicing at regular intervals as recommended by the manufacturer in order to enhance the service life of the vehicles and with this cooperation by ALL participating staff, the Program will be a continuous benefit offered. The additional staff added to assist the Pension/Benefits Consultant as indicated in the post REORGANIZATONAL ASSIGNMENT/EXPANSION EFFECTING PREVIOUS ANNOUNCEMENTS will, under the direct supervision of the Consultant, Abby, be responsible for the administration of this benefit. 6) The “Holding Base” does not offer a Pension Plan as such, but will for those note worthy staff members completing years of continuous meritorious service, the following will be offered in lieu of such, assistance with the establishing of their own proprietorships with terms and similar arrangements and a defined unique service area as discussed in the post HOW BUSINESS COLLABORATION BETWEEN THE INDEPENDENT PROPRIETORS AND THEIR DISTRIBUTOR IS INTENDED TO FUNCTION. Those few with the most outstanding service will be assisted with Independent Distributorships and the other notables, Independent Sales/Marketing proprietorships. The main difference or caveat between these two arrangements is that these who are assisted and succeed will be required to contribute an amount equivalent to 2% of their profits toward a fund established by the “Holding Base” that will go towards assisting others it he same way, while the “Holding Base” will contribute an amount equivalent to 3% towards from its share of all profits from these Independent Proprietorships, towards this fund annually.  

Conclusion:
The “Holding Base” neither is nor will become a “giant” corporate entity with huge “stock payments” being made to “executives” and others, but it will remain a Proprietorship, which values the worthwhile efforts of its staff as they ethically and professionally carry out their required tasks all with the aim of delivering successful products and services. It is hoped that those with the most successful, consistent work records will be those who will earn these in lieu of pension benefits as the Proprietorship’s way of expressing thanks to the appropriate worthy staff. Furthermore, as the Proprietorship becomes the type of outstanding investment “vehicle”, desired and consistent with the description in its Blog Pages Header, it is possible to envision that similar type “benefit awards” may be added to these described here. Nevertheless, this will not take away from the fact that what is prized most in its staff, is their commitment to providing professional, ethical service to assist the Proprietorship achieve its critical objectives and for that the, most notable be “awarded” the applicable benefit in addition to all the others described. It is my hope that these “awards” will be go a long way towards assisting the professional staff members of the “Holding Base” and its subsidiary Proprietorships with their financial needs as we collectively work towards achieving all our critical objectives.

James F. Brazant
Proprietor
Conservery/Cosvry/ClChs Bakery
6/19/2015
(see the
Conservery Blog Page for the Proprietorship’s new mailing address)

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