Sounds like the perfect excuse for that Pharmaceutical job jumpAs I just posted.. the trend has begun as our company just reduced pay to all by 20%.
Yea.. Been talking to my wife a LOT about that.. Even before the meeting today.. Luckily promotions that were put in before this down turn are being honored, or I for sure would be interviewing...Sounds like the perfect excuse for that Pharmaceutical job jumpAs I just posted.. the trend has begun as our company just reduced pay to all by 20%.
What industry are you currently in?Yea.. Been talking to my wife a LOT about that.. Even before the meeting today.. Luckily promotions that were put in before this down turn are being honored, or I for sure would be interviewing...
I'll find out from my manager this afternoon how much my Promotion increase is.. Depending on that amount, and other questions I have for him, it will help me me decide whether to at least go through the 1st interview or not..
Congrats and sorry. Better than the alternatives, but still not fun.Well.. Not as bad as I feared..
No Major layoffs.. But to position them for a "brighter future" ...
20% Salary reduction across the board for Q2..
They will reexamine this at the end of Q2 to see if it needs to be extended.
No 401(k) match for the rest of the year
No merit increase for 2020 ( they were to go into effect starting April 1st)...
But, as I mentioned above, I was put in for a promotion back in January, and they will honor Promotions.
No Reduced hours, or furloughing...... yet.. But this will be re-looked at during Q2. ..
Could have been worse.. 80% pay is better then unemployed..
Personally.. Office 365 Admin.. Mainly SharePoint, Power Apps & flows. But also provide Admin support for Exchange, MS Teams, OneDrive, etc.What industry are you currently in?
well.. 1-on-1 with manager got pushed to tomorrow..Yea.. Been talking to my wife a LOT about that.. Even before the meeting today.. Luckily promotions that were put in before this down turn are being honored, or I for sure would be interviewing...Sounds like the perfect excuse for that Pharmaceutical job jumpAs I just posted.. the trend has begun as our company just reduced pay to all by 20%.
I'll find out from my manager this afternoon how much my Promotion increase is.. Depending on that amount, and other questions I have for him, it will help me me decide whether to at least go through the 1st interview or not..
Feeling about as secure as any can at this point after my 1-on-1..well.. 1-on-1 with manager got pushed to tomorrow..Yea.. Been talking to my wife a LOT about that.. Even before the meeting today.. Luckily promotions that were put in before this down turn are being honored, or I for sure would be interviewing...Sounds like the perfect excuse for that Pharmaceutical job jumpAs I just posted.. the trend has begun as our company just reduced pay to all by 20%.
I'll find out from my manager this afternoon how much my Promotion increase is.. Depending on that amount, and other questions I have for him, it will help me me decide whether to at least go through the 1st interview or not..
Didn't want to wait too long so decided it can't hurt to keep my options open so sent my resume in for the other position.
No idea, but this may help?Not sure if this is the correct post for this, but I'll give it a shot. I'm a union carpenter. I generally work in three different states throughout the year, DE, PA, MD. IF I file for unemployment in, say, PA (the state with the highest weekly payments) does unemployment only look at and count the hours I work in PA when calculating my benefits? Or will it look at all three states?
I've been fortunate to have never needed to file before, so I'm curious.
You file in your home state and they calculate total income.Not sure if this is the correct post for this, but I'll give it a shot. I'm a union carpenter. I generally work in three different states throughout the year, DE, PA, MD. IF I file for unemployment in, say, PA (the state with the highest weekly payments) does unemployment only look at and count the hours I work in PA when calculating my benefits? Or will it look at all three states?
I've been fortunate to have never needed to file before, so I'm curious.
Need more information, the dispensaries here in Florida have been busy.We are facing some issues for sure. Cannabis is supposed to be somewhat recession proof, but it may not be C19-proof. We're probably going to have to furlough some folks next week.
We are the seed to sale software business and don't touch the plant. Our biggest client is actually one the large chains in Florida. Yes, there was an initial surge of purchasing over the last few weeks, but that's dropped off and we are seeing some issues inside the supply chain in some states. Mass has shut down rec sales, but is keeping medical open.Ministry of Pain said:Need more information, the dispensaries here in Florida have been busy.
Why would a product in demand need to furlough? The cannabis shops were on the exceptions list for non-essentials here meaning they were ordered to stay open.
Bon SInclair-France, daily during the CV-19, everyday FB Live, 17k now tuning in, your kind of music I hope. 9am East/6am West, great way to get the day moving.We are the seed to sale software business and don't touch the plant. Our biggest client is actually one the large chains in Florida. Yes, there was an initial surge of purchasing over the last few weeks, but that's dropped off and we are seeing some issues inside the supply chain in some states. Mass has shut down rec sales, but is keeping medical open.
Thanks. I've been streaming this channel a lot: https://www.di.fm/breaksBon SInclair-France, daily during the CV-19, everyday FB Live, 17k now tuning in, your kind of music I hope. 9am East/6am West, great way to get the day moving.
I just had the opposite happen. I thought I was on solid footing (vp marketing - but can perform in sales, accounts and product), but just found out an hour ago I’m being furloughed for at least 30 days. Company was kind of in shaky startup mode anyway and our CEO was having trouble closing this latest round of funding.Whoa. Can I change my answer? My supervisors just came into my office to alert me that they let go of a senior PM (who was probably a year or two away from retirement) and another PM on the east coast. In the short term I will be even busier than normal and it looks like my job security is fairly solid now.
I was just thinking about this this morning - but I guess more in a "people suck" kind of way. You now see people on Facebook touting grocery store workers and delivery guys as heroes, but you know a year for now, once this is all forgotten, they'll be posts calling those people morons because they didn't know which aisle the ketchup was in when asked for assistance.One thing this has made me appreciate more is those lower wage workers who you know go unappreciated every day prior to this.
Delivery drivers are getting all the work they can handle right now.
Don't you just do your job once a year?5, mostly government contracts, and I don't have a big enough target on my back, aka underpaid. I got. 6% raise in January and a promotion a few weeks ago, with a "increase won't come until end of June because a freeze on pay increases". I'm not expecting that, but I'm greatful to just have a job at this point. The last sesh was rough on me, and I don't want to do that again.
Just want you to know that I appreciate the post, I'm with you but I'm sad you have to lose any money. I think most folks who have a career or decent job in general earn every penny they make. I am Pro-Worker all the way and think those folks are the first people that should be given a handout from the government or at least "Extra" money for getting off their butts and going to work.When our CEO states in the meeting we just had that all employees, including Executive Leader Team, will have a reduction of 20%.. as well as that the ELT members will not get bonuses/extra compensation for Q2, I tend to trust that..
As a company that is heavily dependent on Small Business revenue coming in, a 20% reduction in salary is better then the company closing their doors until this is over.
Yes, if you work for a small business and are worried about your job (or have already been laid-off), make sure the owners are aware of the Paycheck Protection Program. The gov will cover 8 weeks of payroll+rent for a small biz if they don't lay-off any employees. It's retroactive, so they can re-hire if they already laid-off and still qualify. Here's a great document with info... https://www.uschamber.com/sites/default/files/023595_comm_corona_virus_smallbiz_loan_final.pdfA small business owner I know that had a majority of work tied to the restaurant industry laid off half their business, then brought back some after the stimulus announcement. I think it had to do with complexities of the accounting and layi g people off. They are going to be able to qualify for more money now or something. I know all the small businesses are getting a huge loan that may or may not have to be paid off.
I thought I read that if you get furloughed, rather then laid off, then that allows you to keep the insurance you had..I can't say that I'd be heart broken if I got furloughed for a month. The unemployment and additional $600 per week being kicked in by the fed is more than enough to cover expenses and that's before taking into account that I could have my mortgage payments suspended. Furloughed is much better than being laid off as your not even required to look for a new job in order to collect bennies. The only thing that would be especially nice if they continued insurance.
Not sure. Haven't seen anything about that. If its just for a month or two, might be better off not having it b/c you always have the option of cobra if you need insurance and if you don't, then that saves you a month or two of premiums. Its a little bit of a gamble though as cobra premiums will almost certainly be higher.I thought I read that if you get furloughed, rather then laid off, then that allows you to keep the insurance you had..
Or is that company dependent?
Biggest mistake I made last year when I was laid off from my other company.. I paid for COBRA when the insurance from the other company ran out... and then 2 weeks later got hired by my new company..Not sure. Haven't seen anything about that. If its just for a month or two, might be better off not having it b/c you always have the option of cobra if you need insurance and if you don't, then that saves you a month or two of premiums. Its a little bit of a gamble though as cobra premiums will almost certainly be higher.I thought I read that if you get furloughed, rather then laid off, then that allows you to keep the insurance you had..
Or is that company dependent?
I think its actually even more than that if you really want to work the system. You have 60 days to just elect to have cobra and then another 45 days after that to make your first payment. So technically you have 105 days or thereabouts to decide.Biggest mistake I made last year when I was laid off from my other company.. I paid for COBRA when the insurance from the other company ran out... and then 2 weeks later got hired by my new company..
It wasn't until later I realized I could have held off on paying COBRA for 45 days.
Man I hate your wifeI'm safe for now. Architecture firm and we have a good number of projects in Philadelphia. The city is sun-setting their tax-abatement program at the end of the year, so developers that have locked in financing are sprinting to the finish line with permit applications to secure their rights. Outside the city most of my jobs are on hold. Obviously, anything in construction is also on hold.
My wife designs products for Home Goods, Target, Kohls, etc. You know those wall art things that say "Live, Love, Laugh" or "Family is Forever" that your wives insisted on hanging in your house? There's a very good chance my wife designed it. Her company was informed by most of their retailers that no new purchases would be happening through June or July! Laid off 1/3 of her company last week and made 25% Salary cuts for everyone remaining, with no timeline as to if/when things go back to normal. Hoping that is the last of it, but not too confident. We're both fairly certain that she'll get clipped before this is all over.
We were literally 4 days from closing on a beach house purchase. Had to back out at the last minute. As disappointing as that is, we know we are very fortunate. Have our health, kids are home with us, both are (currently) employed. Cant ask for much more right now.
That blows Urb, I'm sorry to read this. You won't be alone.urbanhack said:I just had the opposite happen. I thought I was on solid footing (vp marketing - but can perform in sales, accounts and product), but just found out an hour ago I’m being furloughed for at least 30 days. Company was kind of in shaky startup mode anyway and our CEO was having trouble closing this latest round of funding.
I’m hoping for the best.
Thanks man. Appreciate it.That blows Urb, I'm sorry to read this. You won't be alone.
Can you speak or post about how you felt prior to this news in terms of "Everything should be shut down" vs "I need to get back to work"
What kind of emotions are running thru your head if you can share. The little bit I know of you thru these boards is one who can think independently. The industry you are in has a hippie like vibe but I know that on the business side of the herb, it's much different when you are dealing with hard money.
I would assume you want to do your part and not be part of the virus spread but now that you are being told you are out of work for the time being, do you wish that you were given a choice to be at work vs stay at home?
What are you going to do with all this free time now? Grocery chains are hiring like crazy right now, will pay a lot more than the $1200 coming in a few weeks.
It breaks my Spirit to read these posts and it's going to get worse in here when folks start posting their CV-19 experiences, odds are high we are going to lose a few people along the way, it's true. I wish you the very best in the most toughest of times right now. And my only words are Take care of Urbanhack and family however that has to be done.
My wife has to go into the hospital this afternoon and to be honest we're fighting right now, bickering because I don't want her to leave the house and especially to go there but SHE HAS to report at the moment even with a South FLorida Stay at Home.
What do you do?I am still not too worried about myself.
I am starting to worry about my team. Some of these people are young and likely don't have savings built up.
Even if they aren't cut, the vast chunk of their pay is commission and that will likely be near 0 for March/April.. maybe into May.
Tell Dave I said hiMy buddy from Chicago moved out here works at cultivation site that is 25 miles west of Portland. It’s an isolated property/compound out in the middle of nowhere and my buddy lives there. We’ve got a couple of disc golf baskets and we’re going to create a minute course for practicing and contests. So I imagine I’ll be going out there a few times a week to #### around.