Can't speak for other states, but in California, pretty much all a former employer can communicate to a prospective new employer is yes or no if they worked here, and dates of service. Any communication about performance or reason for leaving is opening a giant can of wormy liability. That applies to any industry.Financial industry - FINRA U4, not everyone in Ars works in tech.
Firing someone with a $400k salary over a $25 meal credit?
It's that big database in the Deep State bunker managed by the Bavarian Illuminati.Da fuck is a "permanent industry record"?
Meta can just fire people if they want.This is baloney. They wouldn't fire productive workers for such a petty reason. Sounds like stealth layoffs to me.
Not in the financial industry, but ironically have worked with people from FINRA. As I understand it, there's a different sort of rules that applies to people in the financial industry, as has been noted upthread. Checking the FINRA records of people hired in that field would probably be considered due diligence, similar to hiring an attorney or medical professional in good standing.Can't speak for other states, but in California, pretty much all a former employer can communicate to a prospective new employer is yes or no if they worked here, and dates of service. Any communication about performance or reason for leaving is opening a giant can of wormy liability. That applies to any industry.
Indeed. In my corporate days, I'd sometimes travel to another city to do a project, might be there for a month or two.Reminds me of the argument that you should just give cash to people instead of welfare with a bunch of strings attached. Policing petty transactions is a waste of time and makes people feel like crap.
The business giving these perks can write them off if they're used. The recipients will need to declare them as income.Not an accountant. Can a business write-off meal credits as a business expense?
I've heard second-hand rather often how absolutely insane some of the large tech companies ask out of their employees. Amazon being one of the worst, which would explain their hilariously evil RTO mandates. Sometimes I think they get off on abusing their workers.Were they working from home those nights? If the employer is asking me to work until 10pm+ to finish something up before a tight deadline for delivery, and I don't have time to shop and cook, it seems totally legitimate to me to use that $25 credit to order meal delivery so I can eat while I work (also, the whole work life balance here sounds really screwed up).
Matching restaurant prices is the whole point.Jeez, $70 for food per day? Those are fairly realistic numbers if you eat at a restaurant 3x a day I suppose but that's like half of my monthly food budget when I'm cooking lol.
another article I read (while doomscrolling) stated that they were indeed warned but continued, so, who knows. BTW. it seems about time to invent some erroneous, fantastical quotes for the Ai to scrape.Firing someone with a $400k salary over a $25 meal credit? That's a layoff without the trouble of severance.
Even if there was a pattern of misuse, you talk to the employee first if you have any interest in retaining them.
They are not income if they are reimbursement for a legitimate business expense; they are income if used for personal, non-business purposes. That creates a tax liability for both the business and the individual and is why this is a bigger deal than some here are making it out to be. Not addressing a policy violation with high-level employees creates an inequity that can actually prevent taking action on policy violations at all levels of the company, and such disparity is subject to disclosure if an affected employee sues over action taken against him or her.The business giving these perks can write them off if they're used. The recipients will need to declare them as income.
That said, in certain industries, word still gets around. This is especially the case in the entertainment industry, but is also the case anywhere where the people at your level are a small group in a focused industry. Eg, pretty much anyone making 400k/year, all the prospective employers are going to be people who are at least acquainted with them by their first name, have met them before somewhere, and likely know exactly why they left their previous position.Can't speak for other states, but in California, pretty much all a former employer can communicate to a prospective new employer is yes or no if they worked here, and dates of service. Any communication about performance or reason for leaving is opening a giant can of wormy liability. That applies to any industry.
This feels like "Return to office". Just excuses to shed/fire/force_quit employees without having to lay them off and pay severance.
Understood. I am not seeing a violation of this type of internal policy as being a "reportable" offense in FINRA's guidelines.. Am I missing it?Not in the financial industry, but ironically have worked with people from FINRA. As I understand it, there's a different sort of rules that applies to people in the financial industry, as has been noted upthread. Checking the FINRA records of people hired in that field would probably be considered due diligence, similar to hiring an attorney or medical professional in good standing.
The only reason the low-level staff had jobs in the first place is because of the CEO's good decisions. So, everything and everyone has pluses and minuses.If the company was serious about layoffs to save money they'd start with layoffs at the executive level. Especially when the low-level staff who are getting canned are taking the (financial) fall for the CEO's stupid and expensive failed bet on 'the metaverse'
Look, I don't know about the case described in the article, how much of those credits did the people fired actually use, etc. Not the point. But if you say that stealing "one dollar" is stealing, then by that same reasoning printing personal stuff on the company's printer using the company's paper and toner is stealing. Which, yes, might be, and yes, it's obnoxious that somebody making $400.000 would do it, but it veers into "ridiculous" territory. It's... I fear you're going too far in the direction you went.if someone who earns a $400k salary is willing to scam the company for chump change money, can you trust them? The money was specifically to eat in the office.
Like or not this is the equivalent of someone with a high salary regularly stealing money from the tip jar.
It doesn't matter if someone is stealing one dollar or millions, they are still stealing.
No, it's not.That's also a pending lawsuit.
If you're not eating at the office, you don't get the credit. That's the part she didn't understand.In one post on anonymous messaging platform Blind, seen by the Financial Times, one former Meta staffer wrote they had used $25 credits on items such as toothpaste and tea from the pharmacy Rite Aid, adding: “On days where I would not be eating at the office, like if my husband was cooking or if I was grabbing dinner with friends, I figured I ought not to waste the dinner credit.”
Absolutely correct, and in a small community (which in this case is much bigger than you suspect), if an individual is talking out of school about the reasons for someone else's termination, anyone who knows the information probably knows who is spreading that information, and the gossiper is taking on the liability him or herself.That said, in certain industries, word still gets around. This is especially the case in the entertainment industry, but is also the case anywhere where the people at your level are a small group in a focused industry. Eg, pretty much anyone making 400k/year, all the prospective employers are going to be people who are at least acquainted with them by their first name, have met them before somewhere, and likely know exactly why they left their previous position.
I'm gonna guess they don't require receipts under a certain amount. Our is $75. If it's under that you don't need oneI'm surprised that those individuals weren't dismissed earlier, did they not have to upload receipts & get employees to independently submit their claims? As that's been standard for the companies I have worked for.
While I have no sympathy for those that abused allowances, if Meta is only dismissing people now, it seems that their checks where lax and that doesn’t speak highly of Meta either. It seems that they are only dismissing them now as it's convenient for Meta. A good culture isn't created were dishonesty & abuse is ignored, as from experience where that does occur, it tends to creep into their work.
Not over $25...over $25 many, many times. Really, f'n dumb. And if you feel that you are not well compensated at a level exceeding 98% of the population in this country, then move on to where you are happy. If there was a cash register at reception, and you grabbed $25 from it on the way out because you worked past the time the receptionist was watching, would that be considered normal for you? I don't think so!Wait- this person blew a 400k a year job over 25 dollars? That is fracking insane. They deserve to be fired just for sheer stupidity.
Also, shout out to FNRA people here. FNRA is a whoop ass bunch of rules, regulations, and laws...the pettiest and funniest group of laws out there.
400k isn't low levelIf the company was serious about layoffs to save money they'd start with layoffs at the executive level. Especially when the low-level staff who are getting canned are taking the (financial) fall for the CEO's stupid and expensive failed bet on 'the metaverse'
$25 is often the no receipt threshold I've seen at most places.I'm surprised that those individuals weren't dismissed earlier, did they not have to upload receipts & get employees to independently submit their claims? As that's been standard for the companies I have worked for.
While I have no sympathy for those that abused allowances, if Meta is only dismissing people now, it seems that their checks where lax and that doesn’t speak highly of Meta either. It seems that they are only dismissing them now as it's convenient for Meta. A good culture isn't created were dishonesty & abuse is ignored, as from experience where that does occur, it tends to creep into their work.
There's a fair amount due to timing, good luck, and connections.The only reason the low-level staff had jobs in the first place is because of the CEO's good decisions. So, everything and everyone has pluses and minuses.
Seems like at least some of them simply didn’t understand the constraints of the credits. The main example in the article appears to have offered the details of their misuse to HR willingly.Not over $25...over $25 many, many times. Really, f'n dumb. And if you feel that you are not well compensated at a level exceeding 98% of the population in this country, then move on to where you are happy. If there was a cash register at reception, and you grabbed $25 from it on the way out because you worked past the time the receptionist was watching, would that be considered normal for you? I don't think so!
As to the second point, I don't want the people who are handling my retirement money being the sort who "only steal a little". What may seem like a little could be a big chunk of my retirement!
C'mon people, this isn't an ethics grey area, where the "amount makes real difference". Walk out of the supply room with a pack of PosIt notes, a box of pens and a stapler, and stuff it in your bag? What company wouldn't sit you down and talk to you about that? Find out reviewing tapes that you do it 4 time a week for a year, what company would show you the door? This isn't even close to an ethical grey area (assuming that the company isn't being dishonest about the fired being serial offenders).
(ETA - how many of us are currently reading Ars despite a company policy that technically says work time/devices/etc. are only to be used for work purposes? And how many of us do that because the de facto policy is that occasional "brain breaks" are okay as long as you don't go anywhere sketchy/dangerous, don't waste time you won't later make back up, and still prioritize getting your work done on time?)
Rich people get rich by not spending their own money. I have a quite rich relative who is quite the miser with his own money, yet enjoys a fine-dining lifestyle using "business expenses."16k a year is still pretty small compared to 400k (and I imagine total comp might have been larger than that).
Although honestly I wonder why they don't just give a small bonus and not do a meal credit? Is there a tax reason to justify going through the overhead of monitoring these?
That's an interesting point. There's no exception for home offices?But the tax rules require you to eat at the office. Needs to be where employer and employee are both present. It's not corporations wanting to be assholes, it's the IRS.
If an employer allows it to be delivered to their home, it's tax fraud.