Thread regarding Ricoh layoffs

Does Ricoh rip off it's techs on car use

I left Ricoh a few months ago to go to work as a technician in a different industry. What I do now is very similar to what I did as a copier tech, but it is on different machinery. Here's the difference. In my first week I was given uniforms, 5 pants, 7 shirts and a pair of safety shoes. No cost to me. I get a new set every year. I was given a full set of tools, some new some left over from a previous tech. I was given a credit card to charge any misc. items (with approval) that might come up. The biggest thing was a van already stocked with parts. At first I thought it might end up being a wash as I no longer got car allowance.
After a few months I truly understand the real value of having the company vehicle. They pay for every cent of cost, lease, gas in up keep. In just commute miles that Ricoh doesn't pay for I am saving about $40 a week. I do have to pay taxes on commute miles.
Here is the other value, my old vehicle that I put about 100K miles on in 4 years, now only gets driven less than 100 miles a week. Since it is no longer full of parts I can use it as a second family. It should now still be good when paid off in a couple years. Right when my youngest starts driving.
When I was being recruited my new boss asked me how much the company paid to use my vehicle. I explained runzheimer to him. He pointed out that was only partial reimbursement of fuel and maintenance. His point was they don't actually pay for use of the vehicle. I never thought of this but it made sense, what he pointed out was , if they got a service vehicle from any other source (buy, rent or lease) they would have to pay for using the vehicle, not just putting gas in it. He had a hard time believing this was even legal.
When I made the weak argument of there is no way they (Ricoh) could stay in business and pay for it, he asked one question. "How much do they pay in corporate bonuses every year?" OK now it hit home as I know that senior leadership could each buy a fleet of vehicles with with what they get paid in bonuses every year. It made me realize every cost they pass along to an employee goes straight to pay their bonus. God I'm glad I'm out of there

by
| 2728 views | | 6 replies (last )
Post ID: @OP+1cecQZNs

6 replies (most recent on top)

So for 26cents per mile you provided them a vehicle, paid for all the gas, paid for all the maintenance, fixed any break downs, replaced the tires and kept high coverage insurance on it. Sounds like they are getting one heck of a deal. I don't know if you could lease a vehicle for much less.

by
|
Post ID: @1sklv+1cecQZNs

I was doing 120 to 200 + miles per day runzhiemer amounted to about 23 cents per mile base and per mile rate combined not even near real expense of vehicle. The check looked good until you figure out the real cost.

by
|
Post ID: @1javi+1cecQZNs

And customers keep wondering why the service is so poor...

by
|
Post ID: @ycte+1cecQZNs

Runzheimer was only designed to pay for 74% of vehicle expenses because we work five days out of seven. If you purchased a smaller, reliable, cheap car, runzheimer was ok. It was better several years ago though. More money back then.

by
|
Post ID: @1ajx+1cecQZNs

I also left Ricoh last year and am now also working for a company that uses company vehicles. They also gave me a company credit card and pay for everything. It's so nice not to have to keep getting new/near new cars every few years. The vehicle I used to drive for Ricoh now gets driven fewer than 9000 miles per year. That has lowered the insurance on it as well. Runzheimer I feel is a way the government allows companies to rip off employees and pay them no where near what they should. At $.55 per mile, I would have made several thousand more per year.

by
|
Post ID: @1bgj+1cecQZNs

Post a reply

: