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Thread: Work Success...
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06-16-2010, 11:13 AM #16Registered User
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I get to add to this today. I found out yesterday that I'm being changed from salaried to hourly wage. At first this freaked me out, but as I learned I don't lose any of my existing benefits (e.g., 401K, health/dental/eye, Stock Options, etc.). What I do gain is that I get paid 40hrs per week and any overtime (which often happens when I actually teach somewhere -- even when I go to Manhattan) will be paid at time and a half. The bonus raise will be canceled -- sorta. Rather than my sizeable bonus raise being dependent on corporate whim, it will be rolled into my base hour wage.
This means I know what I'll get as a base minimum each month (which will be more than what I get now). On top of that I could get a substantial increase for time in class.
This is great news given that K is having difficulty finding work in L.A. and could mean that I should be able to take care of the rent for both of us. On top of that, the company has filed the paperwork for an immigrant visa (H1-B). Which means I can stay longer in the US if I get it.
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06-16-2010, 12:48 PM #17
Congrats Linus......you are having a great year.
I hope the visa comes through and soon.........good luck!
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06-16-2010, 01:01 PM #18
Congrats on all the good news!
Married to DH 19 years
Pet Mom to Miss Sassy and Samson
2012 Challenges:
Self Image
Pantry and Freezer Challenge
March No Spend Days 3/10
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06-16-2010, 02:51 PM #19
Congratulations!!!! So great to hear good news in this economy of ours!!
I don't know anything about getting a green card. How do you get one? And how are you here without one?
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06-16-2010, 03:05 PM #20Registered User
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06-21-2010, 05:42 PM #21Registered User
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Welp. More update on the salary stuff. My boss told me that my salary base is being increased (start July 1) and I keep the bonus on top of that as well. To put it in a nutshell: my over salary is increased by nearly 40%
Now when I switched from the support division to the education division, I know they low-balled me on my salary. I've out performed what they expected and have shown my worth. It's finally coming out in pay.
There does seem to be a downside to the hourly, which is during non-teaching weeks I won't be pay (which as a visa holder sucks since I cannot "moonlight") but given that I work 2-3 weeks each month and have additional requirements that would be paid for, I should be able to maintain my salary. I've also applied for a position that is salaried. If I get it, I keep my newly given salary.
Life is good.
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