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A Weblog of Centrist Voices in American Politics |
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July 21, 2007Open ThreadThe kid is in a growth spurt right now. That means the Profesora is back to getting only slightly more sleep than when he was born, sigh (really, amazingly little). We're rereading Harry Potter to remember what happened. Since I'm reading it in competition with Churchill, and the Profesora is reading it each time the kid eats, she's WAY ahead of me. Going backward from the end, I'm 1/3 through v6, and she's on v3, having skipped to v1 before 2 and 3. So, if you were on the Whole Foods' board, and faced with the task of deciding what to about CEO John Mackey, admitted stock-sockpuppet-commenter, what would you do? He's brought the company up from an, er, tiny sprout, to its current imperial status. OTOH, he's spoiled its reputation and at least brought an SEC investigation. Posted by Jon Kay at July 21, 2007 12:30 AMComments
If I were on the Whole Foods Board I would fire him. At once. If the Board doesn't replacement him, what they are saying to the world is that they do not really care all that much about unethical (not to mention quite possibly illegal) behavior. In addition to saying it to the world, they say it explicitly to their employees -- which is just asking to have people go over the line. I don't know the grocery business well enough to know what the possibilities are for bribing suppliers, etc. But if Mackey isn't fired, I will be totally unsurprised to discover a couple years down the road that Whole Foods has something like that happening. Not to mention people cooking the books, etc. Posted by: wj at July 21, 2007 10:34 AMWhole Foods is packed all the time they are open in the Time Warner building. Amazing the amount of Indians. Food quality is good except a few months back someone found worms in the Sushi. WF is not cheap and appears to cater to the Upper Middle Class. They also sell alot of products besides food. Maybe the bottom line will be how much the stockholders have made. Combine Fresh Direct with WF? Now there's an idea..... Posted by: Maxtrue at July 21, 2007 11:11 AMP.S. Wj, don't you need to show your insurance company W-2 for your wife? Isn't there a minimum number of hours per week (20) that is required to have her as your other employee? So doesn't the taxes lost on her salary offset the gain on your insurance? Here in NYC they are pretty strict about proving the nature of that second employee. Isn't worker comp required for her as well? And if your wife has another real job, doesn't that run into problems with the number of hours she is supposedly working for you? Other than this problem, your remarks were on target. 50% off an individual plan by going small business with two employees. Decent dental and optical coverage for about $75 more per person per month. Posted by: Maxtrue at July 21, 2007 11:17 AMAs an employee, perhaps a W-2 would be required. But what we did was form an LLC and include her as a partner. Partners don't have to work particular (or even any, although she does) hours. Just be included in the filing of the LLC tax forms and include the income on their own individual tax forms. As for problems with another job, as long as someone is working the hours and doing the job they are being paid for, and doesn't have any conflicts of interest, a second job generally won't be a problem. There are a few circumstances where a job will include a condition of no other employment, but they are rare. Also, some companies ask that you check with them, so they can confirm the lack of conflicts, before taking outside employment. (That's especially true of banks or brokerages, where a business relationship or conflict is more likely.) But in my experience, getting approval is relatively routine. Posted by: wj at July 21, 2007 11:45 AM |
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