Thoughts and Riches

.....a blog about personal finance, motivational stories, deals, and special offers

Books
Amazon.com
Sweepstakes
Free Sweepstakes
Web Domain Registration
Go Daddy $12.99 Turbo SSL Sale!
Trusted by over 7 million customers!
Banner
Get Started Now
GoStats stats counter
GoStats stats counter
Search Engine Submission
Search Engine Submission - AddMe
Free Search Engine Submission
Free Search Engine Submission
Free Search Engine Submission
Free Search Engine Submission
Wednesday, March 18, 2009
Put on layoff alert
Recently my boss called me to her room and told me that my job is vulnerable and I could be laid-off any day unless things change for better for the firm. We already have had a couple of rounds of layoffs, so the news wasn't exactly shocking although it still hit me a bit when my boss told me about it.

As usual, the reason was to cut costs. As I have been working part-time since last few years, I am all the more vulnerable even though for all intent and purposes I have been carrying full time load. My boss also agreed and wants to keep me. During the conversation with me, my boss suddenly thought that the Dept Manager probably doesn't realize that I am working part-time and there won't be much savings by laying me off. She spoke with her immediate supervisor who told her that that's probably true but she should still tell me that my job is vulnerable. Personally, I feel that if there isn't enough work, our firm should implement furloughs or reduce the work hours of all full-time employees as many other firms are doing but then the Manager probably doesn't read the Wall street Journal and isn't aware of such great strategies :-)

Ever since my boss told me about potential layoff, I go to the office every day thinking that this is the last day at work. So far, fortunately, I still have a job although from my side, I have fully emptied my cubicle so that I can leave it as soon as I found out that I am let go. Unlike other employees at work whose layoffs we found out days after they had been let go, I already told some of close friends at work about it and exchanged contact info just in case they find out that they haven't seen me at work for a few days.

My spouse's company has also had layoffs, so his job is vulnerable too. But fortunately, we try to live within our means and have been through layoffs before, so believe that even if we get laid-off, we will be fine. Our main concern is always related to the health insurance but I have been reading that with the recent changes to law passed by President Obama, the COBRA premiums have been subsidized and become more affortable - so that's a good thing. Hopefully, we will both keep our jobs but if not, I know that this time too shall pass and we will come out stronger and better from this experience.
posted by Ruby @ 7:22 AM  
0 Comments:
Post a Comment
<< Home
 

See important Disclosure and Disclaimer

Favorite Quote
"If you look at what you have in life, you will always have more. If you look at what you do not have in life, you will never have enough".
                - Author Unknown
Disclosure
This site uses cookies from companies like Google and others to enable the companies to deliver their services, personalize their ads and product offerings, and for traffic analysis. Information about your use of this site is shared with these companies. By using this site, you agree to its use of cookies. Additionally, this site, including blog posts, may contain reviews, links, banners, text and other forms of advertisements for products, services, courses, and so forth of companies of which we may be an affiliate member or for which we may get paid for referrals. This site may also contain blog posts for which we are paid, as well as blog posts regarding products or services of companies from which we may have received complimentary products or services.
Reward Surveys/Panels/Shopping/Contests
Kellogg's Coupon Newsletter
Mint.com - Take Control of Your Money
Protect Your Computer Files
Upromise.com
Job Search site
Indeed Jobs
Yahoo! HotJobs - Job Postings
Monster
CareerBuilder
Credit Cards
Best Western Canada Credit Card - 20,000 rewards points: Apply Now!
Apply Now!
Insurance
Health: eHealthInsurance
Auto: www.21st.com
Travel
Phone Service
Investing
TheStreet.com 120x120 Best Seller Giveaway
Household
eFaucets.com
Babysitters
Nannies4hire.com
Find the perfect babysitter at Sittercity.com
Previous Posts
Archives
Favorite Charities
Disclaimers, Privacy Notice and Disclosures
  • Disclaimer, Privacy Notice and Disclosures

  • Third-Party Offer Disclaimer
  • Subscribe to Blog Posts
    Add to Google Reader or 

Homepage
    Bookmark this blog site
    Contact Me

    Email

    Web Site Link Exchange

    Link Exchange

    © Thoughts And Riches proudly powered by Blogger.