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wrobert

Beach Fanatic
Nov 21, 2007
4,132
575
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DeFuniak Springs
www.defuniaksprings.com
I got this letter from another list I belong.

September 22, 2008
Mr. James Malone, Chairman
Citizens Property Insurance Corporation
101 North Monroe Street, Suite 1000
Tallahassee, Florida 32301

Dear Chairman Malone,

From time to time it is customary for organizations to review their space needs and make cost-effective decisions about housing personnel and systems. There's certainly nothing wrong with that kind of analysis. Here in Northwest Florida, many companies are downsizing, consolidating and otherwise reducing space and infrastructure as a way to control costs and survive during these tough times.

As an involuntary Citizens policyholder and member of the Senate Banking and Insurance Committee, I was surprised to learn that Citizens Property Insurance Corporation is currently planning to lease or have built-to-suit a new 100,000 square foot office facility in Tallahassee. The sheer size, scope and expense of such an undertaking is extraordinary, particularly given the economic conditions facing those who pay Citizens premiums and directly and indirectly support Citizens through surcharges on other policies.

I am further advised that the amenities under consideration for this vast facility include a fitness center, restaurant and concierge services. While I can understand the comfort and convenience which would be available to Citizens executives and employees, I question the wisdom of spending Floridians' dollars for what would seem to be non-essential luxuries.

Mr. Malone, yesterday I stopped by a local pizza restaurant to pick up some food to take home to my family. The lady who waited on me is someone I've known for years. But now she is working two jobs because of the high cost of property ownership, including being, like me, an involuntary customer of Citizens. She told me she is willing to work all day at her regular job and in the evening waiting tables because she loves her modest home. But, she explained, it's a week to week, month to month struggle.

I daresay my friend who works two jobs is not atypical of Floridians who might be confused or even angered at Citizens' reported plans for new, expansive, expensive offices. This is not a time for government or government-sponsored entities like Citizens to spend a single unnecessary dollar.

The Florida Legislature has made mistakes and I'm sure my fingerprints are on many of those committed in the last two years. Still, if the reports I have received are at all accurate, I hope you will reconsider what would be a serious error and an indefensible value judgment. If, however, Citizens goes forward with anything resembling the proposed offices and amenities, I hope you will prepare to appear before the Banking and Insurance Committee of the Senate to offer your explanation.

Notwithstanding my concerns as expressed, please accept my thanks for the information and assistance which your team has provided to our team in our Senate office as we have attempted to answer questions for our constituents.
 

traderx

Beach Fanatic
Mar 25, 2008
2,133
467
How much space does Citizen's currently occupy? Do they lease or own?

And how is Citizens a GSE?
 

beachmouse

Beach Fanatic
Dec 5, 2004
3,499
741
Bluewater Bay, FL
Given the growing number of Citizen's policyholders (involuntary or voluntary) I can see the need for more office space. An on site restaurant isn't too out of the ordinary; it's just usually called the employee cafeteria, and it encourages workforce efficiency if workers don't have to leave campus for lunch.

As for the fitness center and conceirge center, what are the current industry expectations for people with similar private sector positions? Said conceirge service may sound extravagent on the surface, but if it enables employees to feel satisfied with 50+ hour work weeks, then Citizens may be saving money in the long run because it's cheaper to hire a fewer number of people willing to work long hours than the 40 and home crowd.

Same logic with the fitness center- is it expected in that field, and does it lead to better employee productivity and fewer days missed because of chronic illnesses and other lifestyle-related health issues?

If there's an on-site daycare center planned, that's an employee amenity that can be set up to be revenue-neutral to a large degree, and will also help with long term employee retention.
 

SHELLY

SoWal Insider
Jun 13, 2005
5,763
803
Given the growing number of Citizen's policyholders (involuntary or voluntary) I can see the need for more office space. An on site restaurant isn't too out of the ordinary; it's just usually called the employee cafeteria, and it encourages workforce efficiency if workers don't have to leave campus for lunch.

As for the fitness center and conceirge center, what are the current industry expectations for people with similar private sector positions? Said conceirge service may sound extravagent on the surface, but if it enables employees to feel satisfied with 50+ hour work weeks, then Citizens may be saving money in the long run because it's cheaper to hire a fewer number of people willing to work long hours than the 40 and home crowd.

Same logic with the fitness center- is it expected in that field, and does it lead to better employee productivity and fewer days missed because of chronic illnesses and other lifestyle-related health issues?

If there's an on-site daycare center planned, that's an employee amenity that can be set up to be revenue-neutral to a large degree, and will also help with long term employee retention.

:blink: I think you forgot "[/sarcam off]"...right?

Conceirge service and on-site daycare to ensure "Employee Retention"??? With all the out of work folks in Florida, if they announce a single job opening for anything over $9.50 per hour, they'll have to call in the Florida National Guard to beat back the crowd of out-of-work realtors, mortgage brokers and finance people.
.

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beachmouse

Beach Fanatic
Dec 5, 2004
3,499
741
Bluewater Bay, FL
Unless you can snare some former AIG employees at a cut rate, sometimes you've got to be willing to pay actual market wages for competent employees, and offer benefits consistent with what they'd get in the private sector.
 

SHELLY

SoWal Insider
Jun 13, 2005
5,763
803
Unless you can snare some former AIG employees at a cut rate, sometimes you've got to be willing to pay actual market wages for competent employees, and offer benefits consistent with what they'd get in the private sector.

:blink: I can't quite put my finger on it right now, but the use of "AIG" and "compentent" in the same sentence seems oddly out of place.

.
 
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