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Are you joking about the matching contributions to a retirement account part? If not I would be really curious to see how that works in that context. Not that I

Are you joking about the matching contributions to a retirement account part? If not I would be really curious to see how that works in that context. Not that I'm expecting a textbook on the subject or anything.

m0nastic 15y ago
No, I'm dead serious. Colin (the aforementioned kid I grew up with) figured it was easier to attract good talent and keep them happy if he treated his operation like a professional job. So, he employs his team through an auto-repair shop, where they're full-time employees with full benefits and he sets them up with a 401k (that he matches up to some percentage of, I don't know the number). That's pretty much unheard of among actual mechanics, never mind car thieves. And he gets to cherry-pick his team, and they like the stability and "legitimate"-ness of the operation. He's been doing it for a while, so his numbers must make it a good decision financially (he has elaborate spreadsheets of every facet of his business). The most "boss" I ever got to look to impress a girl was in college when a friend of mine went out to Boston on a Friday and ended up at the end of the night having her car stolen. She calls me all upset, and I think, "Maybe I can see if Colin can get her car back." So I call her an hour later and let her know that if she goes to a specific T-station parking lot, her car will be there. She calls me later and lets me know that, it is, indeed there, and there's a case of beer in the passenger seat with a note saying "Sorry". Nerdy, adolescent me felt like a puffer fish that had puffed itself up.
- deleted 15y ago
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- dennisgorelik 15y ago
  If you know about Colin, then probably some other people know about him too. So when his business would start to scale (greed is inevitable) and would cause serious problems to society, somebody would sell Colin out. 401k's of mechanics could be used to pay off victim's compensation (so the mechanics could stay out of jail).

m0nastic 15y ago

No, I'm dead serious. Colin (the aforementioned kid I grew up with) figured it was easier to attract good talent and keep them happy if he treated his operation like a professional job. So, he employs his team through an auto-repair shop, where they're full-time employees with full benefits and he sets them up with a 401k (that he matches up to some percentage of, I don't know the number). That's pretty much unheard of among actual mechanics, never mind car thieves. And he gets to cherry-pick his team, and they like the stability and "legitimate"-ness of the operation. He's been doing it for a while, so his numbers must make it a good decision financially (he has elaborate spreadsheets of every facet of his business). The most "boss" I ever got to look to impress a girl was in college when a friend of mine went out to Boston on a Friday and ended up at the end of the night having her car stolen. She calls me all upset, and I think, "Maybe I can see if Colin can get her car back." So I call her an hour later and let her know that if she goes to a specific T-station parking lot, her car will be there. She calls me later and lets me know that, it is, indeed there, and there's a case of beer in the passenger seat with a note saying "Sorry". Nerdy, adolescent me felt like a puffer fish that had puffed itself up.

deleted 15y ago
[deleted]
dennisgorelik 15y ago
If you know about Colin, then probably some other people know about him too. So when his business would start to scale (greed is inevitable) and would cause serious problems to society, somebody would sell Colin out. 401k's of mechanics could be used to pay off victim's compensation (so the mechanics could stay out of jail).