Scheme

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Scheme

Postby mappatazee » Fri Apr 08, 2005 8:57 pm

Okay, there may be some knowledgeable people here:

I'm getting laid off from one of my jobs June 10th. I will still work for FedEx. This allows me to ship anything up to 150lbs for $3 in the U.S.

Say I get a job at BestBuy. I get discounts. I buy, for example, a $5000 plasma TV for my employee discount of around $3-4000, then sell it through e-Bay (with $3 shipping cost) and make profit.

Hypothetical. Can I get in trouble for this?
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Postby brinstar » Fri Apr 08, 2005 9:03 pm

i don't think this is illegal per se, but you will want to find out if best buy thinks it's okay or not-- and then in the event that it is not okay, you'll need to figure out if you can get away with it anyway
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Postby mappatazee » Fri Apr 08, 2005 9:09 pm

Yar, like I never thought it was a good idea to buy a new 60" plasma TV every month, but maybe a couple different items here and there. Now and then. Hmm.
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Postby Tikker » Fri Apr 08, 2005 9:50 pm

Pretty sure you'll find it's frowned upon if not outright against your terms of employment
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Postby dammuzis » Fri Apr 08, 2005 10:45 pm

last night i got a pentium 4 computer with a 19" flat panel monitor for $450
according to my boss since i was aware of the deal and work for the company offering it it was unethical for me to do this... so i offered to buy him one and he shut up
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Postby Diekan » Fri Apr 08, 2005 10:48 pm

Sounds like a pretty good idea actually. Does Best Buy give it's employees a hand book of some type? Might be something said about it in the section covering the discount.
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Postby araby » Fri Apr 08, 2005 11:24 pm

OH! I Love schemes! I bet you could get away with this.
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Postby Ganzo » Sat Apr 09, 2005 7:28 am

My cousin did this when he worked at Circuit City all the time
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Postby labbats » Sat Apr 09, 2005 8:08 am

I thought Fed Ex only shipped letters. I went there with some boxes for Christmas (we get 75% off Fed Ex) and with the discount was still 3x the post office price.
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Postby mappatazee » Sat Apr 09, 2005 8:51 am

I think FedEx is better priced if you have a business account with them.
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Postby labbats » Sat Apr 09, 2005 8:52 am

I get 75% off!
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Postby The Kizzy » Sat Apr 09, 2005 9:08 am

Again, my posts are poofing. Alot of those businesses, like Home Depot for example do not give discounts, Best Buy may not give a discount either. If they did it would probably be only 10%. So your 5,000 flat screen would still cost you $4,500.
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Postby Azlana » Sat Apr 09, 2005 9:20 am

then add on tax too, if you have it wherever you are. I thought about doing this, only I don't have the shipping hook up so it's not worth it, but I say do it, and to hell with asking them if it's okay.
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Postby WoWShaman » Sat Apr 09, 2005 9:38 am

Best buy sells at cost +5% to employee's.
and yes if your caught your fired.
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Postby Diabolik » Sat Apr 09, 2005 10:02 am

Get someone else involved to keep things complicated and harder for them to track.

Someone like... me, for instance. :)
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Postby Spacewoman Spiff » Sat Apr 09, 2005 10:47 am

What I don't understand is how this could be a fireable offense. I mean, you're purchasing the equipment from them. It's yours. What you do with it after it's yours is really none of their concern, right?

I'm sure there's a really good reason why they could fire him over this, I just don't know it. So please, someone enlighten me.
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Postby mappatazee » Sat Apr 09, 2005 4:59 pm

1. Oregon- no sales tax. 2. I'm just going on what someone told me who works there. The discount varies depending on what the markup on the item is.
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