My wife is currently on maternity leave, but she was notified by a friend at work that their incentive pay was being taken away starting in January.
She works as a hospice nurse and works for a department that essentially floats to help out other departments. They work nights, weekends, and holidays mostly, hence the "incentive" pay.
With the pay being removed, it would equate to $8/hour less than what she is currently making. That being said, our schedules kinda works out in her current position. She begins her shift around the same time as I get home from work, so we have avoided needing any kind of daily daycare for our now 2 kids.
She is a bit shook up about these changes. She feels like she won't be contributing as well financially anymore. I've tried to reassure her that we can work things out if finances become strained around that time. I guess I should also mention that our current finances are setup where we are paying $1000 extra on her student loans and $100 extra on our car payments where we should have them paid off about the middle of next year. Maybe earlier than that. We have a little in savings, not as much as I would like. But I do have some company stock at my company I can sell off for emergencies.
So I guess I am really just looking for guidance or advice on how to handle the situation. She does go back to work in October and she technically works part time so she can pick up shifts here and there. I've told her if she did that we can just put that money away in case we need it. But I am also sort of in the mindset of waiting and seeing what happens between now and January with the employer. I'd imagine a lot of employee complaints or even turnover could make them back off a bit or entirely.
Any advice or experiences appreciated! Thanks!
Submitted August 21, 2018 at 09:01AM by PeeeCoffee https://ift.tt/2OV1fhW
