Tuesday Update
Posted by | Filed under Life
Bit behind on the old blogging, so here’s all the news fit to print… Or something like that. Generally I try to post about pleasant subjects but events of late have not been conducive to doing so, but I am trying to post more this year so bear with me.
Picked up Guitar Hero World Tour (Wii Edition) the other day. I’ve played some of the previous Guitar Hero games but hadn’t purchased any of them until now. Then Amazon had a lightning deal on it and I was able to pick it up for $60 (vs the normal $100). Talked about it with my supervisor at work and she made the interesting comment of comparing the concept of Guitar Hero to Simon. Now that I wrote that I’m not sure why I found it so amusing or apt, but I did. *shrug* In any case, I’ve been having a lot of fun with it. We did try picking up a second controller for the game, so the wife and I could play the game together but most places around us are sold out currently. One of the used, game shops had a used controller but it was missing the plastic cover which holds the Wiimote inside the controller. Meh.
Yesterday our failing US economy hit home a bit more directly. The company I work for announced all employees will be taking a 8.33% paycut effective April 1 through at least June 30th and if that wasn’t bad enough we all have to take 1 week off without pay. Either one of those is bad enough but both at once really hurts. Especially since that paycut effectively wipes out 2+ years of raises. I’m trying to be positive about it (e.g. I’m still employed and I’ll get a week to do some work around the house) but that’s hard when you see new reports indicating the company’s board of directors paid themselves 2 million dollars in bonuses and changed the rules on their bonuses so they could take the entire bonus in cash1. *sigh* The situation blows away all our plans for having fun this summer and kills any plans we had for painting the house this year. Epic suck.
1 In previous years, they were required to take a minimum 25% of their bonus in company stock. Rather disheartening to have them grabbing all that cash for themselves while they cut our pay.
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About Mark McKibben
Mark works as a [REDACTED] for [REDACTED], currently residing in Iowa. CoffeeBear.net is a place for him to blather on about whatever strikes his fancy. He currently spends his "free" time working on a photography project, playing with his cat and attempting to keep his wife happy (not necessarily in that order).
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March 25th, 2009 at 9:08 am
Is your company publicly traded?
March 25th, 2009 at 9:26 am
Yes and reports from the stock market indicate investors approved of the paycuts/furlough as the stock price jumped up nearly 10% the day they announced them. Of course with the screwy economy that doesn’t mean much gvien the stock lost ~80% of its value over the last year.
April 10th, 2009 at 2:08 pm
OUCH on the job front with the pay cut. The week w/o pay doesn’t sound great either, but if you plan for it financially, it might be a nice way to get some things around the house done. And yes…better to do those things than have no job at all. Been there, it sucks. :(
Let me know how I can help. :)
April 10th, 2009 at 11:18 pm
Thanks for the words of encouragement. We’re trying to plan things so that half-pint paycheck won’t wreck us and I already have started listing things in my head to get done around the house that week. But it does suck as we had been planning a trip or two this summer which are no obviously canceled.