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    #1

    distribution policy

    Please set me clear on the following in bold.

    1. Employees are credited with company stock for each plan year in which they work a minimum of a thousand hours, with the actual allocation of stock based on a percentage of salary. Shares are directed to a worker's account and stay there as long as he or she stays at the company. The distribution policy comes into effect only once a worker leaves the company.

    Does the "policy" here mean "a definite course of action" or "some document embodying a contract"?

    2. An eco-efficiency program ... cut the company's manufacturing waste by half and reduced virgin packaging waste by 25%...

    What is virgin packaging?

    Thank you.

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    #2

    Re: distribution policy

    Quote Originally Posted by unpakwon View Post
    Please set me clear on the following in bold.

    1. Employees are credited with company stock for each plan year in which they work a minimum of a thousand hours, with the actual allocation of stock based on a percentage of salary. Shares are directed to a worker's account and stay there as long as he or she stays at the company. The distribution policy comes into effect only once a worker leaves the company.

    Does the "policy" here mean "a definite course of action" or "some document embodying a contract"?

    2. An eco-efficiency program ... cut the company's manufacturing waste by half and reduced virgin packaging waste by 25%...

    What is virgin packaging?

    Thank you.
    Not a teacher

    I interpret it as:

    "The worker is only accredited the allocated company stock on leaving the company."

    Virgin - Unused, untouched, unadulterated

    "virgin packaging waste" - Probably refers to unused packaging produced that does not pass the quality controls.

    Consider also:

    A virgin CD.
    Virgin olive oil.

    M.

    A virgin CD
    2. An eco-efficiency program ... cut the company's manufacturing waste by half and reduced virgin packaging waste by 25%...

  1. Barb_D's Avatar
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    #3

    Re: distribution policy

    Please please PLEASE do not post unrelated questions in the same thread.

    Virgin, in this case, refers to non-recycled material. Virgin packaging refers to materials that required harvesting trees to produce, instead of recylced content. If you want to be truly eco-efficient, you want to minimize the amount of virgin products you use, so this program reduced wasted virgin materials, a good thing.
    I'm not a teacher, but I write for a living. Please don't ask me about 2nd conditionals, but I'm a safe bet for what reads well in (American) English.

    • Member Info
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    #4

    Re: distribution policy

    Thank you all for the help.

    On the "distribution policy", I'm asking if the "policy" in the above context is the same in meaning as the "policy" in, say, "economic policy" or it is the same as the "policy" in "insurance policy."

  2. Barb_D's Avatar
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    #5

    Re: distribution policy

    The latter. The same way it's used with insurance policy. The official course of action as documented in the policies.
    I'm not a teacher, but I write for a living. Please don't ask me about 2nd conditionals, but I'm a safe bet for what reads well in (American) English.

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