Workplace Departures and Fear for the Future

cubicle woman

Last week at work I got a cryptic summons from my manager to meet her in her office. “Should I bring my laptop?”, I ask. “No”, she replied. I’m immediately worried, because that’s how I respond now when I’m asked to meet with a manager without knowing why.

I walked in and greeted her, standing at her desk. With barely a smile, she asked me to take a seat. Very unusual. Now I’m really worried. What did I do wrong? Have I been working from home too often? Have I already not met expectations? Has someone complained about my work? Am I getting fired?!

“I want you to know”, she began with a serious demeanor. I’ve stopped breathing by now because I know whatever is coming next will not be good. “…that I’m leaving X (Corporation)…”

“Ohhh nooo”, I whisper as my hands cover my mouth.  My eyes are wide with shock.  This can’t be happening.

fear

My manager, I’ll call her “Suzy”, has been AWESOME to work for. She is sweet and fun and has never micromanaged me. Unlike my last job, Suzy has always treated me like an adult and given me space to do my job, even when that was scary for me. Suzy has also been at the company for several years, longer than almost everyone in my department. As such she has been an indispensable source of information and help for me. On several occasions I’ve thought to myself, ‘I’m so glad that Suzy is here’. Even though we are roughly the same age, she is who I want to be when I grow up. Suzy is one of those people that just has it all together. Now she’s leaving.

empty office

I’m still like a newborn Giraffe trying to walk, and now the person who I’ve been leaning on these past months since I started this new job is leaving. I work at a satellite office. Suzy and I are the only two people who do what we do in this office. Now I will be the only one. I will now report directly to Suzy’s manager who works at Headquarters in another state. Suzy’s manager, while pleasant enough, is quite intimidating and has very high expectations of me that I don’t think are even possible to meet. To me it feels like Suzy has shielded me from her manager’s gaze, but no more.

fear  marcand angel

I don’t know what the future holds for me.  I don’t know how long i’ll last at this company. I know its the fear and uncertainty talking. I’ve just had a history of manager’s hiring me and then leaving (e.g. getting promoted, getting a great job offer somewhere else) before I feel ready to be on my own. Maybe I have the workplace equivalent of abandonment issues.  I know that workplaces are dynamic and that people move and transfer but this is too often to be chance.

This is also the highest paying job I’ve ever had in my life, so I don’t want to screw things up and lose it for obvious (debt repayment) reasons. Arghh! Why do things have to change so often?

Have I mentioned yet in this post how much I hate debt. If I were financially independent, this post would have an entirely different tone.  Debt makes you see everything through a lens of risk and fear instead of opportunity.

Here’s to the future and facing the unknown…

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“Debtor’s prison is real, and opportunity cost is a bitch.” (DDSW)

My ‘Working Again’ Debt Payoff Budget September 2013

I-hate-student-debt1

Photo credit: LabMinions.com

Now that I am working again and no longer unemployed, I’m revisiting my old unemployment budget and making updates.

NET Income Per Month (after taxes & required deductions)

Job #1:  $4,935    Omg, taxes are a BEAST!  Grrr.

Job #2:  $540

I am not pursuing any additional side hustles at this time. Between these two jobs, I’m maxed out on hours and stress (60-75 hours per week). Any more than that and my health suffers noticeably.

Total Income:  $5, 475

sad-woman

The Outgo per month

Rent+Utilities:  $1465   (Unfortunately, I’m back in an expensive apartment, this time WITH a roommate.  How this happened.)

Phone:  $70    (Yes, I still have my iPhone. Sigh.)

Student Loan 1: $40    (This one is not bundled with my others, so I pay on it every month.)

Food: $500    (Yes, this is too high. I am not cooking and still eating out a lot.)

Public Transportation: $200  (Yikes! Public transit is waaay more expensive here than I thought it would be. )

Health Insurance: $100  (Yikes again! This is the cheapest High Deductible plan offered.)

Credit Card Debt:  $2,000  (Ouch!  Did I mention how much I HATE debt!? The credit card debt will die first.)

Student Loan 2: $850    (These payments begin next month. This is interest only. Aggghhh! This should be retirement money!)

Gym Membership: $65

Netflix: $15

Fun/Misc/Clothing: $100

Emergency Savings: $70

Outgo Total:  $5,475

 

What Does This Mean?

rough-road-ahead

This will roughly be my budget for the next year. I will not be having fun. This assumes that all goes well with my new job and that I don’t get fired again. This assumes that I don’t have any major health problems. Items in red are targets for cutting. This apartment complex makes it virtually impossible to get out of your lease, so I may be stuck here for a while, but I will consider my options. As soon as I am able to look for cheaper housing I will do so. That will save me hundreds of dollars each month that I can put towards retirement and emergency savings.

What Does This Really Mean?

“Debtor’s prison is real, and opportunity cost is a bitch.” (DDSW)

I Got a Job!!!

new job

[Photocredit: Anitah@Flickr]

I just got a job offer! It was the job I discussed earlier. So I called the recruiter last week. Surprisingly, he answered his phone and was pleasant. (I had a bad experience two months ago with a recruiter affiliated with another company who would not answer my phone calls or return them. Companies should really be careful with hiring poor external recruiters.) Anyway, that was not the case this time. He told me that discussions were ongoing, that I was the top candidate, and to wait. So I waited, and waited – until today!  That’s the good news!

The not so good news..

Hand, pen and blank document

The salary presented is lower than I was expecting – about $7k below the floor of my pay bracket based on comparable salaries for similar positions in the area. I mentioned this to the recruiter. He gave me a standard line about this being a fair offer based on my background and experience. His demeanor gave the impression that he was testing my reaction and that there was no room for negotiation.

I feel that I am being low-balled, but I have no leverage to negotiate. I’m unemployed and have no competing offers on the table from other companies. They know this. Undoubtedly, the company has a backup candidate who will take this job if I don’t. Granted they do offer good benefits and the “potential” for bonuses. (We all know that “potential” means that there probably won’t be any bonuses. Analogy:  Think of the “potential bonus” as the mechanical rabbit that slides along the rail at dog track races.  It’s a moving target that none of the poor dogs ever gets to catch.)  So, I’m over a barrel.  “Them’s the breaks.”

Once I see the full offer in writing and get more clarification over benefits, I’ll try to negotiate anyway. As long as my demeanor is appropriate, there should be no harm in asking.

success

In the meantime, I’m excited for this ordeal to be over. It’s only been three months for me, but I can’t bear the thought of sitting through one more interview. The pay may not be what I want, but it pays much better than unemployment. Once I have started the job (~2 weeks from now), I’ll post up a revised debt pay down budget. My part-time online job is still going along as well and bringing in some extra dollars.  I can’t wait to get back on track with killing this debt.

I have to pack and move within the next week. As a part of the process, I will be shedding even more stuff in order to be more mobile. I have temporary accommodations arranged in the new city while I look for a new room to rent.

Happy Dance!

happy dance

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“Debtor’s prison is real, and opportunity cost is a bitch.” (DDSW)