Back in January, Jordan started a new job much closer to home. His commute was cut from 45 minutes, down to about 7 minutes. It's lowered both our gas and insurance bills and has immensely improved his job satisfaction. He was put on a salary guarantee for the first three months to keep him at his old jobs wage ($54,000), with the intention that he would go down to a base of $30,000 plus commission starting in April.
April's here.
But....he's impressed them so much, that a promotion is in the works. They will be keeping him at his current wage for the next month or two, until they get the details of the new job sorted out. He'll be managing 4-6 people (currently he manages none) - responsible for their individual performance and the overall performance of their new team. I have no clue what a managerial wage for this new type of position would be in Alberta in the Automotive sector. I've done a lot of research, but I'm coming up empty handed.
My gut puts him around $60K, but then there is the commission piece which is a big part of the work they do....so we'll see what they come up with.
For now, it means we have a couple months of solid debt-snowflakes!
Jordan's Job
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Congrats on Jordan's promotion! You are so right to use any extra income to put towards debt. You were managing okay with the lower income so just do it! Don't do what we did and wrack up way to much debt which will now take 6 years to get out of.
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