10/19/2009

Overtime Project II

Posted by with 6 comments | in ,
A few months ago, I embarked on an overtime project.  My goal was to 'make more money' to help pay down my credit card debt.  Another filling project has come up at work (oh joy) and one of my October goals is to start on this project. This time, I would like to use the extra money to go towards paying down my student loan debt, of which I currently have $8,584.94 owing.

Currently, my goal is to reach 75 hours before Christmas.  75 hours would net me an approximate $1,000 to put towards my student debt.

My work week is 37.50 hours.  Due to my professional status at work, I lose any 'time' I put in between 37.50 and 40.00 hours.  Essentially I give the company 2.5 hours each week (if I work extra hours).  As there are 10 weeks until Christmas, I need to put in 7.50 PAYABLE hours per week - which means I actually need to work an extra 10 hours a week or an extra 2 hours every day.

Wish me luck.

6 comments:

  1. Anonymous19 October 2009 at 16:58

    Good Luck! It will be worth it.

    ReplyDelete
  2. Manshu19 October 2009 at 17:51

    All the best Jessie, I am sure you will do it.

    ReplyDelete
  3. Mom19 October 2009 at 17:56

    You rock girl! And you know that your supervisors truly appreciate the work you do. And that will be a nice zap to the Student Loans!

    ReplyDelete
  4. Anonymous20 October 2009 at 06:02

    Jessie,

    Why do you end up giving the company your time between 37.5 and 40.0 hours. You should be compensated for this time. At my job I'm compensated time and a half for anything over the 37.5 hours I put in as regular work. Even if it's not time and a half, you should get your regular hourly rate for those 2.5 hours.

    regards,

    Jason

    ReplyDelete
  5. Jessie20 October 2009 at 07:43

    @ Jason - I am a salaried employee - so technically they don't have to pay me anything above and beyond my annual.

    Due to my professional classification where I work - that 2.5 hours is considered professional development. Any time after 40 hours is 'banked' (until I request it to be paid out)at straight time.

    ReplyDelete
  6. Anonymous20 October 2009 at 09:16

    Ohhh, good luck. 10 hour days are not easy! :)

    ReplyDelete

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