Creed asks Meredith, "Why haven't we ever...?" "We have," Meredith sighs wearily. Well, that clears that up. Although I'm sure they have this exact conversation on a weekly basis.
Jim and Michael are, ironically, having a conference room meeting together. Michael is suggesting sneaking a 1.5% payroll increase onto people's checks (which, I've gotten smaller annual raises than that, although it was at a much more tight-fisted company than Dunder Mifflin), but first Jim wants to make a pro/con list for that idea. As he gets out his notebook, Michael suggests to Jim that he uses his brain too much. "Sometimes the smartest people don't think at all." Exhibit A: Michael just came up with that. Jim continues with his pro and con list, while Michael mocks his every thought in a pretty funny nerd-voice, ending with, "Con: you unzip your pants and you find a calculator down there."
Back in his own office, Jim shows us a pie chart he made of how Michael spends his time. More than 50 percent is "procrastinating," and most of the rest is "distracting others." There's a small sliver of "critical thinking," which Jim made bigger so we could see it. That must be why he used crayons instead of Excel. But thanks, Jim, for showing us how a more effective manager uses his time.
Kevin approaches Pam at her desks and asks where they're registered. Pam, realizing that a conversation is no place for subtlety, "We just want cash." Kevin seems pretty offended at first, but then he gets out his checkbook and writes one out, adding "To love's eternal glory" on the memo line. Later, a remorseful Pam waves the check in a TH, asking, "Is this what I've become? Materialistic? Shallow? I feel horrible". But then seeing "Mrs. Pam Halpert" on the pay-to-the-order-of-line makes it all better. It's really all about the sentimental value.