There’s a Facebook “quiz” going on right now that attempts to forecast the type of month you will have coming up. I was bored so I decided to do it and this was my result:
I don’t put any stock in these things, and I scoffed at the result. I couldn’t imagine anything so serious that I would cry tears of joy. That is unless something really awful happened first and there was a miraculous recovery from whatever the awful event was. Think: cancer diagnosis which turned out to be benign.
Although I did not cry tears of joy in May, some pretty amazing things happened!
Mother’s Day Bingo
I decided to take my mom to Bingo for Mother’s Day. We typically go for special events such as her birthday in February, my birthday in April, and Mother’s Day in May.
We decided many years ago that we would split our winnings evenly so long as we won more than $20. A few years ago on my birthday I won $6,200 at bingo and split it between myself, my mom, and a friend that came with us. Her birthday is the day after mine.
Well, guess what? This time my mom won $5,977! And since it was just the two of us, it went lots further than my winnings went 3 years ago. After she saved 25% for taxes, we each got to spend $2,241!
My mom used her part for some dental work she has been saving up for. This was a mega boost in her dental savings account! Here’s how I spent mine:
$179.14 iRobot Sweeper
$775 Great Lakes – Xavier’s Student Loan
$1,275 Navient #1
I got a pretty good boost in our student loan debt pay off as well! Xavier’s student loan is now paid in full which reduces the bills due by $50 per month.
What’s Going on With Work?
Last year I had an exciting opportunity to train as a financial trainer working from home for a company based in NYC.
I originally applied for the position thinking it would be a side-gig but when I made it through the first round of cuts and received the job description, I discovered it was a full time position and paid $60k! That was 50% more than I was making at my current job.
I aced the phone interview, had a second interview, and then learned I was not selected for the December onboarding, but I was a backup for the next round of hiring. I was really disappointed because I did a lot of dreaming around that position, how much it paid, how quickly I could pay off debt, and what my life would look like working from home. Read my post about manifesting here.
Meanwhile, I was told to write back at the end of the first quarter to follow up, and I did. But then something weird happened…
I came in to work March 5th and found my former manager packing her belongings. Some major trouble had come to a head over the weekend and she decided that after 17 years with the company she was done! Since I was the next person in the department with the most seniority, she trained me on how to do her duties.
The position was posted and I applied, and I was rejected! I was told I did not have the experience required to hold the position, even though I was doing the work with little to no trouble. There were talks of training and re-wording the post so that I would qualify. The process went on for months and months.
In the meantime, I followed up with the financial training position and I got an email back right away. Another employee was cc’d in the email and given instructions to schedule me for job shadowing. I waited for that email but I never heard back from that employee, but that’s okay because something else was brewing for me…
May 20th, 2019
The head of Human Resources and my boss’s boss flew in from Texas and offered the new position to me! I had an inkling they were on their way, and an idea of how much they would offer me when they came. It wasn’t close to what I had dreamed of making in the financial trainer position.
When I was called in to the conference room they offered me the position at the salary I was expecting, but was not very happy about. I went in trying to be strong and thinking I would counter for what I wanted but when it came down to the moment, I froze. In the room with me were my boss, my boss’s boss, the Human Resource assistant, and the VP of our local office. Four pairs of eyes were all on me and I was intimidated.
However, I think they could sense my hesitation because my boss’s boss offered me an out: “Why don’t you go home, talk it over with your husband and family, and we’ll talk more tomorrow.”
I agonized all afternoon and evening over wanting to counter their offer. What if they’re offended? What if they say no? I thought. I decided to take some advice I read about in books and heard on podcasts like Martinis and Your Money. I went home and I prepared for my counter offer.
- First, I gathered all the pay stubs from the time my former manager left up until the current week. I was earning lots of over time because I was doing both that job and my own and holding them down really well! I calculated the average of those paychecks in to an annual salary in order to depict that their offer was only 6% more than what I was making currently and so it was not acceptable.
- Next, I visited Glassdoor and Payscale. I gathered documentation on fair wage information for both my current position and the new position. What they offered me was beneath these figures from both websites. I printed 4 reports to present at the meeting the next day.
- Last, I presented my coveted pay, (the $60k figure from the financial training company) and what they were offering. I came up with the midway point between those 2 numbers and asked for that.
The next morning, I was called in to the conference room again. This time it was only my boss’s boss, the head of Human Resources, and her assistant there. The research I did helped me to no longer feel as though I were being rude or greedy. I was only asking for what I was worth and I brought proof to help prove my point.
I took a deep breath and said “I’m going to counter your offer.” And guess what? My boss’s boss sat back and smiled and nodded his head approvingly during my whole presentation. The head of Human Resources seemed unruffled, as if it were expected that I would counter. And once I gathered my courage and said those 6 words, everything else was easy.
At this point I was asked to give them time to discuss. They asked to hold on to my printouts, as well as the excel spreadsheet I prepared to show all the figures I explained above. I fully expected another counter on their end, maybe a midway point between their original ask and my counter. I had already decided that that salary would be acceptable.
I was called back in after a few hours, and to my surprise they accepted my counter offer! I fully expected a second counter from them; perhaps a midway point between their original offer and my counter. I had already decided that if they did that, I would accept. But, the head of Human Resources said that it was the best presentation of a counter offer she had ever seen! “Most people can’t defend why they want what they want. They say, ‘I don’t know, I just want it!’”
I start my new position 5/27/2019, and I am so proud of myself.
Thank you for reading.