Last year I posted a question on Quora asking what healthcare benefits and cost sharing were like at Google. A few answers of the “it’s private” or “No, I can’t say” variety soon surfaced. They have sense been oddly scrubbed from the site. Why the secrecy? Rich benefits are a given at Google. Time spent…
Month: October 2019
Open Enrollment Tips
It’s the time of year for leaves, baseball, and 30-page open enrollment guides*. If you’re a prospective employee, “we offer benefits” doesn’t have the precision on the scale of value as does a first class flights to Europe. “We offer a free first class direct flight to London. Travel dates and times are flexible. Towels…
In Praise of Markets
Charles Schwab is an investment hero of mine. In 1975, when commissions were deregulated, he pounced at the opportunity to launch a discount brokerage. Discounts are now no longer enough. The line in the chart below extends to zero. This week Schwab announced $0 trading fees. How can they do it? Explicit trading fees are…