Almost a month ago, I shared with you all that Jordan got a raise. He had an incredible performance review and was left feeling valued and confident.
Four weeks later and it's all gone to crap. I won't get into all the details other to say that he works for a company that is perhaps the least organized and professional that I have ever seen when it comes to managing performance/salary expectations.
His pay raise has been reduced from $300/month down to $250/month and he will not receive the increase in pay until November. Effective November 4th - both pays for the month should show the new rate. A month of stress, anxiety and b*ll sh*t for $600....it's pretty pathetic that the leadership at his company chose to behave that way. He will also start getting a flat $40/month to cover part of his cell phone bill has he's expected to take off-the-clock work phone calls.
His new annual salary of $54,400 ($26.15/hour) will net about $68.62 more each pay, or $1.784.13 a year - which is about $462.02 less then we were anticipating. I'll be updating the 2014 budget with the new numbers this week as we get closer to posting it.
Jordan Got a Raise....Sort of.
Related Posts:
Increase in Company Share Value!
Most of you know that as of yet, Jordan and I don't do any significant investing in the stock market. We do however; own shares with the company that I work for. I cannot share details about the structure of the… Read More
Jordan Got a RaiseJordan is meant to have a performance and salary review around June of each year - though, as is typical it didn't happen on time. As it turns out, Jordan made exactly the right call when decided to postpone pushing is … Read More
Jordan Got a RaiseJordan and I are both so very excited to share that he completed his Journeyman Parts Technician program. He took that, along with the last four years of yard work and dedication to his boss and asked for a raise - and he got… Read More
I got a RaiseIt's that time of year again at my company and I'm pleased to share that I received a raise. This year, I moved up 6.8% to $63,000 (I was at $59,000). I'm really quite satisfied with the increase and feel as thoug… Read More
Jordan Got a Raise....Sort of.Almost a month ago, I shared with you all that Jordan got a raise. He had an incredible performance review and was left feeling valued and confident.
Four weeks later and it's all gone to crap. I won't get into a… Read More
Good Grief!
ReplyDeleteWhy on earth would they do that? Its stuff like that that makes people want to start job hunting.
ReplyDeleteThat's exactly what happens! He was so absolutely loyal to them and now he's updating his linkedin profile...sheesh.
ReplyDeleteI had a similar experience... I was told my raise was going to be a certain number and when I got the official paper it was $10,000 less...I started the job hunt that day, lol.
ReplyDelete