My company is transitioning to a new pay schedule. Say the pay period is from the 1st to the 15th and we get paid on the 15th. This check will now be given on the 22nd one week later. Here is the good part-
This transition is in August. The week you "lose" is truly lost. We will get a check for one week at this time-meaning 1/2 of your pay. There is no "catch-up" for this.
They have said if this is a hardship for you-DUH-that you can receive a "transition payment", meaning the damn $$$ you have already earned. THEN if you do--your next 6 checked will be short due to PAYING THIS BACK. OR you can have YOUR OWN $$ back WHEN YOU LEAVE THE COMPANY.
I make good $$ but this is a huge deal for me! As I absorbed all this yesterday and the ramifications I was stunned. I need to move in Sept and have very little $$ in the bank.
The amount they are taking from me is a lot, and I simply do not know how I am going to deal with this. The transition bullshit is on August. Great timing-screws up all my plans to move and get set up in a less expensive place. Since they will raise my rent here I cannot stay here; I can no longer afford it since they raise it every year.
I am angry. I am unsure of what to do. This seems so WRONG TO ME! With about 490,00 employees world wide they are going to take a huge amount of money and I'm sure invest it and make more. WTF???
I have 2 wealthy brothers but I doubt if they will help. Such a bunch of bullshit.
Sorry for ranting, I really am. I thought of drinking all day yesterday. It was a beautiful perfect day and I thought of going to a place nearby and sitting outside with my guitar and beer. I did not, I came home and took my antabuse and tried to think of what the hell to do.
*SIGH* Thank you all for being here. I guess I'll make it somehow.
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