Category Archives: Career

Scored a new job!

I am happy to have landed a new job.  My entire team was laid off in October so I just accepted an identical position at a competing company.  My new job will start January 30th. Below is a comparison of my old job and my new job.   Old job New job Base Salary $52,000 $45,000 Bonus at 100% $28,000 $30,000 Bonus cap 120% of goal No cap Vehicle Company car & gas card $450 auto allowance* & gas card Vacation per year 2 weeks 2 weeks Sick Read more [...]

Quarterly Bonus Update

I am so proud of my wife for passing her quarterly goal yesterday.  Her goal seemed unreachable at the beginning of the quarter, but she made it happen.  Besides the sense of achievement, this is great news for three reasons: 1) Her bonus plan pays $9,000 for reaching 100% of goal.  She passed 100% and is already up to ~$10,000 in bonus.  Plus, she still has the rest of December to add to the total. 2) After reaching her goal, she became eligible for other performance incentives offered Read more [...]

Wife’s Great New Benefits

My wife started her new job today and it's going great so far. She'll be spending most of her time the next couple of months on home study, but is excited to get out in the field.Check out some of her benefits:* $0/month out of our pocket for health and vision insurance for both of us* Complete home office (laptop, printer, etc.)* Reimbursing for internet and cell phone service* Company car / gas cardI'm so proud of how she is doing in her career. She keeps upgrading from one great job to another. Read more [...]

Offer Letter

My wife just received her offer letter and it’s a good one.

They offered her a $60,000 base, $4,500 more than her last job. Also included in the offer is a bonus structure for up to 25% of her base pay. She also gets a company car and a complete home office.

That is WAY more than I made when I was 26 years old. Come to think of it, with her bonus and company car, it’s more than I make now. Good thing I’m man enough to admit it.

Wife Laid Off

My wife’s company has been struggling and finally decided on Friday to layoff the entire sales force off. It’s unfortunate, but not a total surprise. She had already survived 2 rounds of layoffs with this company and there were rumors and signs things were coming to a head. Where does that leave us? Not in too bad of shape, actually. • She will receive 2 weeks severance• Her vacation will be cashed out• She’ll be bonused on any sales until 4/2• She gets to keep her company car Read more [...]

This Is Only Drill (at least for now)

My wife found out yesterday at 30% of her company received an email that morning explaining they were laid off. We feel terrible for her coworkers that were laid off, especially right before Christmas. Thankfully, my wife kept her job, but it was certainly a wake up call. So, I ran through the numbers to see how we would have been affected if she would have been part of the lay off.The 1st negative impact would have been losing the $2,770/month income she takes home and her quarterly bonuses. Read more [...]

$1,000 Unexpected Bonus

My wife was informed by her company yesterday that she will be receiving a $1,000 bonus this weekend. This is in addition to regular bonus that she should receive in July. Her company has exceeded their sales targets and, therefore, they are hooking up all of the sales reps. This is a huge blessing. We're going to use the money to buy a bedroom set that we were planning to pull money out of savings for. My wife has been doing such an awesome job with her new company. She’s working Read more [...]

Got a Good Scare

A couple of days ago, my boss told me that the Owner of our company may be laying off 20% of the company and that my name came up during a conversation. He explained that it was because I am not putting in enough extra hours during this very tough time for our company. I explained to him that, in addition to coming into work earlier than everyone each morning, I spend evening and weekends at home working. Long story short, my boss spoke with the Owner cleared it up. I have also decided to put Read more [...]

My Wife Just Called. . .

I rarely post twice in one day, but today is an exception. My wife called to let me know that she just received and accepted a new job. Since being laid off a month ago, she has been working hard to get back into the same industry. All of that work really paid off today. The package is even better than her last job: * Annual salary is $55,500* Annual bonuses of approximately $16,500* 2,500 shares of company stock* 401(k) plan* 2 weeks vacation a year, 10 sick days a year, numerous holidays off Read more [...]

My Company Laid Off 4 More People

My company laid off four more employees this week, including my boss. That drops us down to 28 total employees. Thankfully, my old boss has come back over from our sister company to act as our new General Manager. I really enjoy working with him and am convinced that if anyone can help see our company through these challenging economic times, he can. Plus, I’ve stayed in touch with him since we last worked together and have been playing cards with him and some other friends every Wednesday Read more [...]