Baxter “Bud” has worked for the national insurance corporation for more years and he thinks that he deserves more at this point. To make things work out for him, he goes ahead to offer his apartment to four of the company managers that include David Lewis, Ray Walston, Willard Waterman, and David White. The managers start using his apartment for different extramarital liaisons which makes the neighbours think that Bud is a womanizer. This goes on like a deal for the managers to recommend Bud to Jeff D. Sheldrake the personnel director for a promotion.
Jeff D. Sheldrake calls Bud in his office and all he expects is a promotion. But this comes at a cost, Bud has to give Sheldrake his apartment for the same night when the other four managers are supposed to be using it. As Bud thinks through, he meets his crush girl whom he has had a thing for so long to escort him to the concert since he has two tickets unknowing that Sheldrake had already promised the girl to marry her after divorcing his wife.