Nope. Apparently my job code required an adjustment to my pay. And, luckily, in the positive direction. My manager told me that effective immediately my pay had been adjusted upwards of 7 percent. Completely blindsided. So, first things first: Will bump 401k contribution from 6 to 7 percent. And use some of the extra monthly proceeds to continue contributing to my IRA.
Sunday, August 10, 2008
A Real Pay Raise - 401k adjustment
Well, not really a raise. A pay adjustment would better describe my meeting this past Thursday with my manager. He quietly called me into his office and mentioned corporate 'levelings' were required at our office. 'Levelings', I thought? New speak for layoffs? That rambled somewhere in the back of my mind. But I'm in a healthy career in a healthy industry in a healthy city. Could I be seeing pink leveling?