Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: GraceZ who wrote (51875)	1/28/2006 11:14:20 AM
From: Les H	Respond to of 110194

"I was just asked to do a cost analysis for a friend who lives in a NYC coop that has a super and two porters that all receive an apartment as part of their compensation package. How much has that benefit been reduced in the past few years?" I wouldn't call that a fringe benefit. It's part of the cost of maintaining the an on-site office for the workforce so they can be on-call 24 hours a day. If I'm being paid a per diem to travel to another city for a project, it's a reimbursement to cover my costs of working outside my normal business area. It's not a compensation for my time worked.