Dear Friends

When I started my business in 1982, without fully understanding what I was doing, I carved a set of principles that guided me through the hard and tough years. Those principles were simple and well meant. I assumed that the in hiring people, I was making a commitment to a person in offering full time job and in order to avoid playing with scheduling different hours for different weeks, I offered the employees a full pay for a full time job. In other words I committed to an amount that would be equal every week and it wouldn't vary if the employee was one hour late (due to a good reason) or would work an hour longer because the company need called for it. The employee would get raise every six months. Another item of importance which I learned coincidently yet Hyatt was no time clocks would be used at my company but rather the honor system of a sign in sheet.

Domenic