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God's Lil girl
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
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07-15-2004 07:04 PM
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God's Lil girl
Re: New Payment Policy - Hausernet
up.... anyone get paid recently?
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