Every nickel counts at Schering-Plough
According to a new travel policy, car service to/from the airport is no longer allowed unless the employee is traveling for a minimum of 7 days. The policy also states that if damage is done to a car left at the airport, the employee's insurance company is responsible before Schering-Plough provides any reimbursement.
So let's see, round trip car service is about $200 for most people, minus cost of parking, meaning the company saves around $100 per trip (high estimate). If we assume 1,000 employees make 10 airport trips per year, that is an annual saving of $1 million.
Fred only has another $999 million to save (excluding half a billion related to cutting back Organon).
All it takes are another 999 bright ideas, just like this one!
(QA assumes Fred's corporate jet is off the table--after all, savings should hit the little people first!)
Labels: Schering Plough