1. #1

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    New Payment Policy - Hausernet

    New Payment Policy - Hausernet





    Thanks for your ongoing participation in the Hausernet decoy program. This is
    a note to inform you of our new payment policy effective with the 2nd quarter of
    2004. to handle the payments mor efficiently.. We were trying to handle too
    many small payments (to thousands of agents) and fell behind. Also, the
    generation of many small checks for small amounts was very expensive and labor
    intensive. In addition, we have found that many small checks go uncashed for
    many months and this creates banking management problems. As a result we
    incurred an exorbitant amount of bank fees during the winter and that has made
    the management of funds difficult.

    The payment process is now as follows:

    1. Payments are computed quarterly -- every 3 months.

    2. Due to the startup point, the quarters are timed like the seasons of the
    year:
    Spring: - March-May
    Summer - : June-Aug
    Fall - : Sept-Nov
    , Winter - : Dec-Feb.

    3. After the end of each 3-month season, we compute the properly posted pieces
    and generate totals.

    4. Checks will be sent for those agents totalling $10 or more for the season.

    5. Anyone under $10 will carry forward to the next season

    Sorry for any lack of communication in the interim time period, as we have taken
    a longer time to isolate and fix any problem, as well as to cement this policy
    into place.

    Thanks,
    Bob Meyers
    Operations Manager
    ~*~*~CHECK OUT MY FOR SALE N TRADE THREADS AND AUCTIONS ALSO

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  3. #2

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    Arrow Re: New Payment Policy - Hausernet

    up.... anyone get paid recently?
    ~*~*~CHECK OUT MY FOR SALE N TRADE THREADS AND AUCTIONS ALSO

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