pay raise

[-$51,000] You Won’t Believe What Happened at Work Today

Posted on by Double Debt Single Woman

My expression when I heard the news!

 I GOT A RAISE!!!  

Omg, guys!  Ok. Technically, it’s not a raise. It’s a “salary/equity adjustment”.

An equity adjustment is a permanent increase to the base salary that may be granted to an employee under certain circumstances, such as increased duties that do not warrant a reclassification or a significant salary lag to comparable internal positions or the local labor market.

It’s a little over 12%, but, combined with the yearly cost of living adjustment I got a couple of months ago, my base salary will be about 15% over what I was making last year.  I. am. stunned! I didn’t think it was even possible. I’m still not ‘well paid’ for my industry by any stretch, but I’m at least juuust inside the edge of market rate now.  Read More

[-$86,895] A Huge Debt, a Small Pay Raise, and a New Spending Plan for 2017

Posted on by Double Debt Single Woman

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I finally, FINALLY, found out my new compensation numbers today, after my promotion a couple of months ago. First, a bonus.

Year End Bonus: ~$4,300

I got a 2016 annual bonus! When it hits my account in a couple of weeks, this is where it will go:

Emergency Fund: $1000

Health Maintenance: $1750

  • I expect doctor visits, diagnostic tests and treatments this year relating to some chronic health issues. I’ll be paying out of pocket (HDHP). I may also need some dental work this year. Hopefully this will be enough.

Opportunity Fund: $1250

  •  Most of this will be saved for gifts and travel to see relatives during the 2017 holidays. I didn’t get to see them during the holidays last year.

Checking Account: ~$300

  • I’m not entirely decided about what I will do with any money that remains. I’ll likely keep it in my checking account to cover unexpected or annual charges.

saving-while-in-debt

2017 Salary Increase

Guys… (Sigh)…  I tried. Read More

[-$90,831] A Bit of Good News!

Posted on by Double Debt Single Woman

career-woman-promotion

I know I can go a long time between posts. Before last week, I’d been super busy at work, in another crunch period working late evenings and weekends.  Things have lightened up a bit for now, but there will be another crunch in December before the holidays.

Talk about timing! In one of my recent posts I talked about learning to appreciate my job.  Well, I just Read More