Posted by thurlow on January 31, 2011 at 10:08:37 from (74.177.51.66):
In Reply to: OT- Commodity wages? posted by kswillie on January 31, 2011 at 09:41:29:
Did that for a few years; paid employees the local prevailing hourly wage, with a bonus of xxx hundred bushels of soybeans to be transferred into their name at one of the local elevators on November 15th. They had to still be employed as of that date; if they left early, no bonus. It gave them a nice season-ending check and kept me from having to worry about them leaving for an additional 25 cents an hour during harvest. Only ever had one who didn't stick around; sheriff in neighboring county got him on an old warrant in mid-July. I VERY STUPIDLY bailed him out for $2500.00. Case was to be heard sometime in October; he left the country the night before. That was in the late '80s; haven't seen him since. I provided them with the appropriate forms as required by the IRS; never inquired as to how they used them.
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