This situation just came up where I work and I was wondering what you all think.
At my job, the management gets a free parking space. This costs the company $200 per month. When I took this job, I explained that I would not need it, as I don’t have a car, I live in Chicago.
So they said, in place they’d give me a monthly pass to the CTA. This has a value of $100.
This is all fine and well and I am happy with it.
But last week they found out one of the managers who had worked there for five years didn’t have a car in all that time. He was instead, selling that space. I work in the Streeterville area, and parking is hard to come by.
So evidently he was making a very nice profit, and the whole thing has kind of blown up. I don’t know how I feel about it.
The management was furious as they say they are out the money they paid for the space (12 months @ 200/month, times five years is $12,000).
On one hand I can see their point, but on the other, it’s a benefit. I mean I use my monthly CTA pass for personal use on the days I’m not there. But on the flip side, I only get $100 worth of benefit not $200 worth, which people that get a space get.
The parking lot is located two lots down from our building and we don’t own the spaces or lot, we just pay the rent, and this whole thing came to a head as people he was renting out to, started to come into the office.
So what do you think about this and similar situations.
It doesn’t effect me any and I’m quite happy with my benefit, especially after being out of work for over a year.