Man, what a last 48 hours…. there is SO MUCH I want to say right now, but let me first start off by giving you a huge THANK YOU! I cannot express how much I appreciate every single comment and tweet and phone call and everything else you have sent my way. It’s so true – you get just as much love on the day you get fired as you do on your wedding day! ;)
My head is still spinning from all the craziness around here, but I’m happy to report today will be my first full day at the “new office.” I’m jumpin’ right back into that 9-5ish schedule so this boy stays on track and starts some good habits. We’ll see if it lasts, but right now I’m in GO mode & ready to kill it!
Speaking of which, heard some more news (rumors?) about my now ex-employer:
- The CEO is reportedly getting paid $480,000/year. If he cut it in half, he would have literally saved 1/2 the company (there are were only 10 of us). He probably took a hit when we were all asked to give up 10% a few months back, but I doubt it went below $350k.
- The employees that remain have been asked to take a 2 month delay in paychecks (HAH!) I can’t even fathom this… even if you continued to believe in the company (double Hah!), there’s no way some of those guys could last that long – at least two of them are living paycheck to paycheck.
So yeah, there was no escaping this madness even if I did slip through the first round of layoffs. There’s no way in hell I’d have kept on working with no paychecks for 2 months. 1, sure – have done that on a number of times over the past 5 years. But 4? Come on now…
One of the things that’s been coming up a lot since being laid off, though, is the whole “filing for unemployment” deal (right after “is that you flicking us off?” Haha… Answer: no). It seems filing is in the top 3 things to do the day you get let go. Which I *think* I agree with, but there’s still that little part of me that shivers just thinking about it. I know it’s a “right” we have, and it’s $X amount of steady income that we can then count on, but it just doesn’t sit well with me. Also, I’m pretty sure I don’t even qualify.
Since I’m already making a healthy amount from my current projects, I don’ t think I count as “unemployed.” (Healthy = more than what unemployment benefits would give out). I pretty much switched to being self-employed the day I got cut loose. And even if I *accidentally* forgot about that money (which many have suggested, you naughty readers!), the IRS would soon catch on the second I filed my taxes. They’re good at math ;)
But probably the biggest reason not to even mess with it is the fact I’m NOT ACTUALLY LOOKING for another job! Haha… I’d get caught the very first time I’m asked to show my progress on everything (or however it’s done, I have no idea). So it’s safe to say I won’t be applying for the extra money – even if I CAN really really use it! I already know I’m gonna be shaky w/out that $70,000 to fall back on. But $hit, that’s the trade-off right?
My situation aside, though, what do you all think about unemployment benefits? Have you ever needed it? Did it make you feel weird? (Do you think it’s abused like crazy?) Would love to get your take on it – been meaning to blog about this, oddly enough ;) Seems much more interesting now that it can be applied to real life! Haha…
Back to “work” I go…
(Old school photo by Mike Licht, NotionsCapital.com)
Jay loves talking about money, collecting coins, blasting hip-hop, and hanging out with his three beautiful boys. You can check out all of his online projects at jmoney.biz. Thanks for reading the blog!