Interesting. I'm glad they paid it out to employees as bonuses. I judge people who spend $5 for nothing when they can donate directly to a good cause, but to each their own.
Post by underwaterrhymes on Nov 30, 2015 12:06:23 GMT -5
I actually think this means people are smart.
Either they know CAH typically donates to charity and they figured they'd be contributing to that. Or the money stays with the company and gets invested in employee satisfaction, which ultimately improves the product since happy employees mean productive employees. Or it goes directly into producing new products, which benefits the consumer.
Anybody who knows the company knows that CAH is very generous in their charitable giving, and probably assumed that, as in past Xmas stunts, the money would go to charity. I can't fault them for instead giving bonuses to their employees, when a) they give SO MUCH away anyway, and b) their employees also gave some of the bonus money to charity on their own.
But if your goal is to give money to a charity, why wouldn't you make a donation directly to the organization you want to support? You get a tax deduction and get to choose where your money goes. I just don't see what the people who gave money were trying to do, but to each their own.
Anybody who knows the company knows that CAH is very generous in their charitable giving, and probably assumed that, as in past Xmas stunts, the money would go to charity. I can't fault them for instead giving bonuses to their employees, when a) they give SO MUCH away anyway, and b) their employees also gave some of the bonus money to charity on their own.
But if your goal is to give money to a charity, why wouldn't you make a donation directly to the organization you want to support? You get a tax deduction and get to choose where your money goes. I just don't see what the people who gave money were trying to do, but to each their own.
maybe they just saw the humor in it all and wanted to be a part of how it all played out. Some people are too serious.
Anybody who knows the company knows that CAH is very generous in their charitable giving, and probably assumed that, as in past Xmas stunts, the money would go to charity. I can't fault them for instead giving bonuses to their employees, when a) they give SO MUCH away anyway, and b) their employees also gave some of the bonus money to charity on their own.
But if your goal is to give money to a charity, why wouldn't you make a donation directly to the organization you want to support? You get a tax deduction and get to choose where your money goes. I just don't see what the people who gave money were trying to do, but to each their own.
$5 doesn't do anything for you in terms of a tax deduction. You have to donate much larger sums in order for it to have an effect on your taxes.
If someone only has $5 to give, it actually makes a lot of sense to give it to a for-profit company with a history of giving to charities you support because you wouldn't see a tax benefit anyway and that $5 may go a lot further with a bunch of other people's $5 as well.
And if $5 isn't a big deal to you, chances are you are going to donate to your chosen charities anyway.
Anybody who knows the company knows that CAH is very generous in their charitable giving, and probably assumed that, as in past Xmas stunts, the money would go to charity. I can't fault them for instead giving bonuses to their employees, when a) they give SO MUCH away anyway, and b) their employees also gave some of the bonus money to charity on their own.
But if your goal is to give money to a charity, why wouldn't you make a donation directly to the organization you want to support? You get a tax deduction and get to choose where your money goes. I just don't see what the people who gave money were trying to do, but to each their own.
Maybe it's OK to spend five whole bucks for a giggle once in awhile? Or just support a company that you love?