BoSacks Speaks Out: Time Inc. Instates “Facist” Policy to Curb Expense Account Abuses
For a professional who has worked at many a large publishing house, and as a person who has had many a large expense account, I suggest that the Time Inc. approach described in this article is absurd, stupid, and a real morale buster on every level. The New York Post reported recently that Time Inc. placed posters throughout its New York offices asking employees to report any colleagues they suspect of expense report fraud, bribery, or harassment.
From The New York Post:
At least one of the posters featured words in a handwriting font that asked employees to be on the lookout for colleagues padding their expense reports.
“John took his wife to dinner and charged it to the company as a client meal,” the eye-catching poster proclaims.
Then right below it reads:
“Fraud. Bribery. Harassment."
“Our integrity starts with you. One quick anonymous phone call keeps Time Inc. the workplace you deserve.”
What "C" level genius thought this one up? I think this is the dumbest idea for trimming the budget I have ever heard. I' not saying expense accounts shouldn't be examined and trimmed and supervisors held fully accountable; they absolutely should.
Hey, Time Inc.: If you would like to control the abuse of expense budgets, just cut the really big ones in half and demand concrete reasons for them to be reinstated to their former glory. This call to turn in your compatriots and fellow workers stinks of corporate fascism and nothing less.
Bob Sacks (aka BoSacks) is a printing/publishing industry consultant and president of The Precision Media Group (BoSacks.com). He is also the co-founder of the research company Media-Ideas (Media-Ideas.net), and publisher and editor of a daily international e-newsletter, Heard on the Web. Sacks has held posts as director of manufacturing and distribution, senior sales manager (paper), chief of operations, pressman, circulator and almost every other job this industry has to offer.