How many employees does Intel have!? We have a free coffee program that I manage at my work and it works out to $35k USD per year. Granted we only have about 1200 employees, but scale it up to 120,000 and it’s still 3.5mil.
So I was a GM for a FS company’s account for an Investment Firm in Seattle for awhile, and for some reason they wanted me to pay the coffee account through my company credit card. Okie, dokie.
There were 3 floors of Starbucks coffee machines that ground and brewed each individual cup, and the hoppers on top held 2-3lbs (I forget). So that was min. 4 machines per floor, plus the C suite and catering, all the coffee we bought was from the same vendor. Now the kicker was, NONE of the storage cabinets in the break rooms had locks, so the employees were walking off with a veritable shit ton of free, premium coffee beans.
My CC had originally the standard 5k credit limit…and with everything else I needed to purchase that wasn’t going to be enough for the month, so I got the regional comptroller to get the limit increased…and then again…and then again.
We spent about 12-15k per month on just coffee (at our cost) which would translate to about 50k in sales to the company.
[Bonus bit: My CC limit ended up at a 35k limit which I kept after I left that account… nobody believed me that it was so high. I was a superstar doing openings when we needed to get new kitchen equipment that day and we rolled out to the local restaurant supply store and bought it on the card…at the end of my time with that company I was at a bitch of an account and stopped doing my monthly reconciliation report, to the tune of 6-7 months and over 250k of charges that they were screaming at me to get the receipts turned in…and to be honest I was out of fucks to give, and they made us use a new system that was absolutely a huge piece of time sucking shit].
"Some of these include free fruit and beverages, fitness coaches in the gym, a sabbatical after four years with the company, and the grounding of the Intel Air Shuttle that flies between California, Arizona, and Oregon."
I think, if anything, one of those things was main driver of the cost here… You make this fucking list with a straight face? But you go get rid of the tea bags to discipline labor, you fucking cowards.
Fucking real? Every tech job I’ve ever had has had free everything! Everything! Snacks, nuts, power bars, trail mix, yogurts, eggs, cereal, cappuccinos, beer, wine, you name it. Intel thinks they’re going to be competitive with some free coffee and tea, which is free at even the lowest level office jobs? Get real!
That’s just a drop in the buchet in stock buybacks per year
