the wait has ended

[minks]

I apologize for the whinging work related threads.
We found out our fate today at work, it came down to a 20% pay cut across the board.
Plus point... I still have a job
Plus point... we have gone to a 4 day work week
Plus point... I fall into a lower tax bracket
Plus point... perhaps one full day a week, and a few weekends and evenings will offer up time for a second suppliment job
Plus point... we are assued this is for 3 months for now.

Minus point... if the economy continues to plummet there will be lay offs
Minus point... a 20% wage cut puts me into a huge financial bind
Minus point... we won't make back that 20% as quickly as we lost it.
Minus point... i was the only one in the meeting who cried.

All in all it is generous of the company given the times so we can only pray we all make it through.

[Sheryl]

That sucks Minks!

[Bryn Mawr]

Originally Posted by minks

I apologize for the whinging work related threads.
We found out our fate today at work, it came down to a 20% pay cut across the board.
Plus point... I still have a job
Plus point... we have gone to a 4 day work week
Plus point... I fall into a lower tax bracket
Plus point... perhaps one full day a week, and a few weekends and evenings will offer up time for a second suppliment job
Plus point... we are assued this is for 3 months for now.

Minus point... if the economy continues to plummet there will be lay offs
Minus point... a 20% wage cut puts me into a huge financial bind
Minus point... we won't make back that 20% as quickly as we lost it.
Minus point... i was the only one in the meeting who cried.

All in all it is generous of the company given the times so we can only pray we all make it through.

More plus point than minus in there so that's a plus.

Given the way the company's acted they deserve to survive. Given that you're you, you deserve to survive.

May it be so.

[Kindle]

Originally Posted by minks

I apologize for the whinging work related threads.
We found out our fate today at work, it came down to a 20% pay cut across the board.
Plus point... I still have a job
Plus point... we have gone to a 4 day work week
Plus point... I fall into a lower tax bracket
Plus point... perhaps one full day a week, and a few weekends and evenings will offer up time for a second suppliment job
Plus point... we are assued this is for 3 months for now.

Minus point... if the economy continues to plummet there will be lay offs
Minus point... a 20% wage cut puts me into a huge financial bind
Minus point... we won't make back that 20% as quickly as we lost it.
Minus point... i was the only one in the meeting who cried.

All in all it is generous of the company given the times so we can only pray we all make it through.

In the past, during another 'downturn' I also had to take a 20% pay cut with the resulting day off.

I got rather use to the 4 day work week and can offer you some other plus points to this.

1) Money saved on gas/parking
2) Money saved by having time to shop more economically and during the
week instead of on a crowded weekend
3) Money saved by having the time to cook from scratch
4) Money not lost by using this day to take care of doctor/dental visits
5) Time gained to see family/friends (your home for coffee)
6) More time for the kids/grandchildren
7) An opportunity for some "ME Time"

Keep positive. Hopefully your four day work week will not last too long.

[chonsigirl]

Oh, that is hard news, minks. I hope you all make it through this period of time, but I know you can get through it. Pick up a little secondary job for now, and know it is only for a short while to do this.


Higs for you all.

[Bez]

Originally Posted by minks

I apologize for the whinging work related threads.
We found out our fate today at work, it came down to a 20% pay cut across the board.
Plus point... I still have a job
Plus point... we have gone to a 4 day work week
Plus point... I fall into a lower tax bracket
Plus point... perhaps one full day a week, and a few weekends and evenings will offer up time for a second suppliment job
Plus point... we are assued this is for 3 months for now.

Minus point... if the economy continues to plummet there will be lay offs
Minus point... a 20% wage cut puts me into a huge financial bind
Minus point... we won't make back that 20% as quickly as we lost it.
Minus point... i was the only one in the meeting who cried.

All in all it is generous of the company given the times so we can only pray we all make it through.

And I pray you will all make it through too and send my love

[minks]

Originally Posted by chonsigirl

Oh, that is hard news, minks. I hope you all make it through this period of time, but I know you can get through it. Pick up a little secondary job for now, and know it is only for a short while to do this.


Higs for you all.

Thanks all, we shall prevail.

Here is a kicker for you all, our city aldermen just finished accepting a 5.5% pay increase. Yep done this week.

[oscar]

Originally Posted by minks

I apologize for the whinging work related threads.
We found out our fate today at work, it came down to a 20% pay cut across the board.
Plus point... I still have a job
Plus point... we have gone to a 4 day work week
Plus point... I fall into a lower tax bracket
Plus point... perhaps one full day a week, and a few weekends and evenings will offer up time for a second suppliment job
Plus point... we are assued this is for 3 months for now.

Minus point... if the economy continues to plummet there will be lay offs
Minus point... a 20% wage cut puts me into a huge financial bind
Minus point... we won't make back that 20% as quickly as we lost it.
Minus point... i was the only one in the meeting who cried.

All in all it is generous of the company given the times so we can only pray we all make it through.

I think it's promising that your company has looked for solutions rather than immediate job cuts and that's a positive.
You have the right attitude to hang on in there and when things turn around, your company will remember your loyalty

[Odie]

Originally Posted by minks

I apologize for the whinging work related threads.
We found out our fate today at work, it came down to a 20% pay cut across the board.
Plus point... I still have a job
Plus point... we have gone to a 4 day work week
Plus point... I fall into a lower tax bracket
Plus point... perhaps one full day a week, and a few weekends and evenings will offer up time for a second suppliment job
Plus point... we are assued this is for 3 months for now.

Minus point... if the economy continues to plummet there will be lay offs
Minus point... a 20% wage cut puts me into a huge financial bind
Minus point... we won't make back that 20% as quickly as we lost it.
Minus point... i was the only one in the meeting who cried.

All in all it is generous of the company given the times so we can only pray we all make it through.

I feel your pain babe.

hang in their Minks, I would have cried to.

[CARLA]

I feel your pain Minks we laid off people and the rest of us took a 5% pay cut. Your right we won't get it back anytime soon but we do have jobs so far.