Re: Margin reviews

From
Daniel Barakat <daniel.barakat@thekey.com>
To
Timothy Thomas <tt@thekey.com>
Date
Thu, 14 Mar 2024 10:30:40 -0400
Folder
INBOX
--0000000000001393b806139fbdad Content-Type: multipart/alternative; boundary="0000000000001393b606139fbdac" --0000000000001393b606139fbdac Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Hi Tim. Yes. In one of our calls, that's why I suggested bumping up the accrual to $15k a month so we can cover ourselves in case we aren't able to make any prior changes at the end of the year. And if we over-accrue, we can take the credit back which would be better than taking a hit because we didn't accrue enough On Thu, Mar 14, 2024 at 10:27=E2=80=AFAM Timothy Thomas wro= te: > Thanks Daniel. I'll over these today and send you my comments. > > For the EHT in Vancouver, does that mean we're slightly under accruing at > 8k / month? > > On Thu, Mar 14, 2024 at 10:14=E2=80=AFAM Daniel Barakat > wrote: > >> Hi Tim. One quick update. We just paid the EHT for Jan and Feb and it >> was $26k. So for Vancouver expect an expense of $18,417 since we accrue= d >> $8000 in January >> >> [image: image.png] >> >> On Wed, Mar 13, 2024 at 5:09=E2=80=AFPM Daniel Barakat >> wrote: >> >>> Hi Tim. >>> >>> Here's the first few of the margin reviews I've done. Only look at >>> margins for now as the rest of the team is still booking entries. I'll >>> send the rest tomorrow. Let me know if you have any questions or if yo= u >>> want me to dive deeper into anything >>> >> > > -- > Tim Thomas > Head of Canada Division > *Please note my email has changed:* > tt@TheKey.com > (514) 591-9387 > TheKey.ca > [image: TheKey] > --0000000000001393b606139fbdac Content-Type: text/html; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Hi Tim. Yes.=C2=A0 In one of our ca= lls, that&#39;s why I suggested bumping up the accrual to $15k a month so w= e can cover ourselves in case we aren&#39;t able to make any prior changes = at the end of the year.=C2=A0 And if we over-accrue, we can take the credit= back which would be better than taking a hit because we didn&#39;t accrue = enough On Thu, Mar 14, 2024 at 10:27=E2=80=AFAM Timothy Thomas &lt; tt@thekey.com &gt; wrote: Thanks Daniel. = I&#39;ll over these today and send you my comments. For = the EHT in Vancouver, does that mean we&#39;re slightly=C2=A0under accruing= =C2=A0at 8k / month? On Thu, Mar 14, 2024 at 10:14=E2=80=AFAM Daniel B= arakat &lt; d= aniel.barakat@thekey.com &gt; wrote: Hi Tim.=C2=A0 One quick update.=C2= =A0 We just paid the EHT for Jan and Feb and it was $26k.=C2=A0 So for Vanc= ouver expect an expense of $18,417 since we accrued $8000 in January On Wed, Mar 13, 2024 at 5:09=E2=80=AFPM Danie= l Barakat &lt; daniel.barakat@thekey.com &gt; wrote: Hi Tim. = Here&#39;s the first few of the margin reviews I&#39;ve done.=C2=A0 Only lo= ok at margins for now as the rest of the team is still booking entries.=C2= =A0 I&#39;ll send the rest tomorrow.=C2=A0 Let me know if you have any ques= tions or if you want me to dive deeper into anything -- Tim Thomas Head of Canada Divisi