In my district a couple of staff rphs are being demoted to floater without their will. .. I know some people don't mind floating but the pay cut is significant from 40 hrs a week to 30 hours a week. That is well over 32 k a year.
I see that you're a 7+ year member here... when did you graduate? How long have you been working? Are your loans paid off yet? Are you married? Kids?
Sorry this happened to you, but like the other poster said, maybe something positive can come out of this (better work/life balance).[/QUOTE
It did not happen to me... .... in my district two people are demoted to floater.
In my district a couple of staff rphs are being demoted to floater without their will. .. I know some people don't mind floating but the pay cut is significant from 40 hrs a week to 30 hours a week. That is well over 32 k a year.
Though it did not happen to me, I am concerned. I average 84 hrs q 2 weeks. With my current rate, this will be a pay cut of about 40 k / year. My biggest concern now is my student loans which i am planning to pay off in 14 months. i have over 47 k left.
In my district a couple of staff rphs are being demoted to floater without their will. .. I know some people don't mind floating but the pay cut is significant from 40 hrs a week to 30 hours a week. That is well over 32 k a year.
South FloridaWhich area are you from? I'm currently a staff rph in Florida and on an ambitious plan to payoff my loans in 3 years at $4,000 a month. I can't afford to have less than 40 hours/week. If I ever get demoted, I will have no choice but to look for a second job (even non-pharmacy related). It's really bad here in Florida. In one district, there are 30+ Rph not getting enough hours to keep their full time status. Most new hires in my district are getting maxed 32 hours/week.
South Florida
Those demoted to floaters are normally weak rphs, can't keep up with metrics, or trouble makers. Just keep doing well, they won't demote you.
That is what i hope. But you never know.. there is no way i can survive with 30 hours a a week.
Those demoted to floaters are normally weak rphs, can't keep up with metrics, or trouble makers. Just keep doing well, they won't demote you.
My store is a very high achieving store. Met every single metric except MTM, which nobody has time for. Customers love me. If I get demoted it won't be because of performance. I'm just concern my company might consider cutting back on full-time rph. It might save them more money by keeping only pharmacy manager and hiring a bunch of part-time floaters.
I have been working at the same store for over 4 years now. It is a busy store that fills well over 3 k a week. script count is over 15 percent year to date..and customer service is decent...My store is a very high achieving store. Met every single metric except MTM, which nobody has time for. Customers love me. If I get demoted it won't be because of performance. I'm just concern my company might consider cutting back on full-time rph. It might save them more money by keeping only pharmacy manager and hiring a bunch of part-time floaters.
Are you with Walgreens or one of the grocery chains (Publix/Winn-Dixie)?
Though it did not happen to me, I am concerned. I average 84 hrs q 2 weeks. With my current rate, this will be a pay cut of about 40 k / year. My biggest concern now is my student loans which i am planning to pay off in 14 months. i have over 47 k left.
Those demoted to floaters are normally weak rphs, can't keep up with metrics, or trouble makers. Just keep doing well, they won't demote you.
My store is a very high achieving store. Met every single metric except MTM, which nobody has time for. Customers love me. If I get demoted it won't be because of performance. I'm just concern my company might consider cutting back on full-time rph. It might save them more money by keeping only pharmacy manager and hiring a bunch of part-time floaters.
Its bad in the midwest but even worse down south. One of the pharmacist supervisors in Florida had 30 hours of HUB in his district the last week and the neighboring district had 40 hours HUB.
What does HUB stand for? Hours under budget?
It is definitely disheartening that this is happening as students graduate with record debt levels. But anyone who didn't see this coming is a fool.
60*30=1800That is what i hope. But you never know.. there is no way i can survive with 30 hours a a week.
It would be a significant pay cut from 135 k to 93 k...60*30=1800
1800*52=93600
I don't understand how this is too little money.
Is it due to school loans or child support?
Mostly due to student loans.60*30=1800
1800*52=93600
I don't understand how this is too little money.
Is it due to school loans or child support?
A s
It would be a significant pay cut from 135 k to 93 k...
60*30=1800
1800*52=93600
I don't understand how this is too little money.
Is it due to school loans or child support?
60*30=1800
1800*52=93600
I don't understand how this is too little money.
Is it due to school loans or child support?
Federal taxes for Married Filing Jointly, spouse doesn't work and 2 kids, and subtracting the untaxed 401k, health insurance and standard deduction is only going to be $7k with child tax credits, or $16,400 less than your figure. Even a single person with no kids will pay $14,900 in tax for an effective rate of 17%.So assuming that starting rate = 93,600
Factor in Federal Withholding (~25%) = -$23,400
Federal OASDI/EE= = - $7,300
Federal Medicare/EE = = - $2,000
Medical (Insurance) Withholding = - $2,000
Contributing Only 5% to 401k = $4,680
Student loan monthly payment x12 = -$13,000
Monthly Rent/Mortgage $1500 x 12 = - $18,000
Minimum Car Insurance for 2 cars/yr = $-1,500
Groceries/Electric/Water/Sewer/Trash = $-7,500
Internet/Cell Phone/Gasoline/Oil Changes = -$4,000
Car Payment/Vehicle Registration/Plate Fee = $-3,600
= $6,000 left
Then you factor any clothes/kids/medical bills/misc. maintenance (AC breaks, car needs new tires), lawn maintenance, HOA fees, Netflix (unless you want to really be frugal), HSA contributions, gifts for Christmas/birthdays, and in FL if you live in a neighborhood that has CDD fees.
Honestly I feel even worse for the 'average' American family with both parents working and some having two jobs each to make ends meet.
Federal taxes for Married Filing Jointly, spouse doesn't work and 2 kids, and subtracting the untaxed 401k, health insurance and standard deduction is only going to be $7k with child tax credits, or $16,400 less than your figure. Even a single person with no kids will pay $14,900 in tax for an effective rate of 17%.
Social Security OASDI is 6.2% = $5,803 or $1,500 less than your estimate.
Medicare is 1.45% = $1,357 or $643 less than your estimate.