My job just gave me a sneaky pay cut and I’m ticked off. 🙁
Our annual reviews were last week and despite another great year on my behalf and several letters of appreciation sent in by my actual customers directly to my boss, I was given a “generous” $750 a year raise. Granted, that’s better than the salary freeze of the last 2 years, but not much…
Then we were reminded to sign up for our medical benefits for 2011. I posted my two options yesterday for your vote. This will be the first year that basic coverage won’t be free!
The high deductible plan would only run me about $300 a year with dental and vision, but the plan I’m most probably signing up for is about $1250 a year. That plan allows me to have a $25 copay for doctor’s visits and a $75 copay for 3 months of my medicine instead of covering all those costs 100% out of pocket for the first $2750 and 80% out of pocket for the next $3000.
That means two things:
1) I am still making less than the $36,000 a year I was expecting to start at in 2005. This “raise” brings me to a salary of $35,750 before taxes.
2) My 2 year salary freeze has been followed by what amounts to a $500 pay cut! Even if I go with the cheap plan and put $5750 aside for the high deductible, that cuts my “raise” to less than $15 a paycheck after taxes!
I am beyond mad. I was already job hunting, but this has kicked it up a notch. Anybody hiring a customer service rep in the north part of Houston? 🙂
I am seriously trying to find anything that would make me happier even if entails taking a pay cut. You can see that at my staff writer post today, Would You Take a Pay Cut for Happiness?, at Sweating the Big Stuff.
I’m also stepping up my SEO skills for blogging since I want to blog full time more now than ever before!
Have you fared better or worse this year? What do you think of my particular circumstances?
Also, if you want to read more from me, check out my guest post, How I Deal With Criticism, at The Kitchen Sink! 🙂