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Enron Mail |
Steve - Question has come my way regarding bus - mass transit subsidy for '02. Employees want to be sure they will not need to set aside pre-tax $, via open enrollment now in place, to cover anything less than 100% bus subsidy. Currently (and throughout '01) Enron subsidizes bus passes to employees @ 100% of cost. This will be a $2.5 mill. expense in '02. During budget cycle several months ago it was discussed that Enron could cut this expense in half if subsidy was capped at $50/mo. - same as Parking subsidy. My records show this was not accepted and we plan to continue with 100% subsidy next year. Just checking if you. Given temper of average employee today, I assume this is still the right decision. - Bill
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