The little corner of the world in which I live tends to be fairly insulated against the ups and downs of the coasts and large cities of the nation. We've seen some layoffs, a couple of our larger companies cut employees and a couple close altogether. Not enough to get anyone seriously worried. Especially me.
Apparently it's a little worse than I thought out here. The hospital for which I work informed everyone today that we are all receiving paycuts effective the next pay period. Mine will be 4.75% decrease in wages plus the loss of 5 days of sick leave (or paid time off as we call it) for the year. Talk about a sock in the gut. I never saw it coming and I've been recovering from it all day.
Granted I'm thankful I have a job, I truly am. I'm in this low paying job in an attempt to earn a spot in nursing school, not because I have to be there. But wow, is this going to hurt. This will shear about $150 per month off my gross pay. Not to mention that we're in a hiring freeze, so the employees that have resigned recently combined with the wages decrease means that I am now handling more patients for less money.
Seriously? I could make more working at McDonald's now.
If they were hiring that is.
Tuesday, February 24, 2009
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5 comments:
Yikes! sorry to hear that :( but you're right - at least you still have a job! I'd take a pay cut of even 20% to keep mine if it ever came down to that....let's just hope it all gets better soon :)
That is too bad. I just got an earful from your MIL too on this same subject.
Hopefully it'll be a temporary thing.
HANG IN THERE!! So know what you mean with the major crunch on education in our state. Plus a freeze on State tax refunds. Yeah!! It's a mess!
Seems the recession is hitting everyone. Tagged you for a meme so go enjoy!
ps: you won the Turbo Tax contest!!! holler over when you get this: j @ budgetsaresexy.com
congrats :)
I hear you... I was working a scut job at a hospital before med school, and it's hard work for the pay. When they cut it that can lead to some real stress! Did they also charge more for health insurance benefits and the like? That is what my hospital did last year. Ugly stuff...
Jerry
www.leads4insurance.com
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