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Okay news but still not 100% confirmed

June 13th, 2014 at 01:31 am

So DH found out yesterday what rate he will be on. He is probably one of the lucky one, it will not be as bad as he thought it would be. His current contract will end at the end of this month and then it will be change to the new rate, so there will be couple of thousand or so worst off but we just have to think of it that at least his employment will continue for another 9 months before that. Also he will be getting paid when he takes holidays and will also be paid for sick leave. If he accounts for all that it is not that far off to what he gets paid for now.

According to his boss most people got 10-15% pay cut and DH's boss probably got the biggest cut of them all.

DH agreed to the new rate. Our biggest goal at the moment is to pay off this darn mortgage. These extra months will be enough to get us to the end of our mortgage. DH can then decide what he wants to do afterwards.

It will just now need to be sign off by someone even higher up. Unfortunately she is away until Monday. According to DH he heard rumours that she has taken time off because of some "incident". Some weird stuff has been going on there since these new bunch of management came along, which she is the leader of. When she got hired (very questionable the way she got hired, she was auditing the place now she is a CIO or something) she brought her "friends" along, now one of this so called friend is on extended stress leave because they are not getting along. Crazy stuff.

Posted in Update | 3 Comments »

3 Responses to “Okay news but still not 100% confirmed”

  1. snafu Says:
    June 13th, 2014 at 02:04 am 1402625052
    1402625052

    Change is often traumatic and when it['s in the Executive group it can get really bewildering really fast. Hopefully the economy will improve over the next 9 months to give DH more security. Meanwhile, I hope he's updating his resume and taking the first small steps forward to investigate how his skills and credentials fit in other workplaces.

  2. Shiela Says:
    June 13th, 2014 at 02:14 am 1402625689
    1402625689

    He has already updated it and have applied for some jobs last weekend. He is also studying to get a certificate on something (I can't remember what it was called), IT stuff.

  3. CB in the City Says:
    June 13th, 2014 at 02:29 pm 1402669760
    1402669760

    Glad he's got some good-ish news. Office politics are ghastly, aren't they?

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