working for the man
My apologies for not having been able to post every day since I voiced my goal. I didn't think about the fact that I was leaving the country on Sept 30th. I went on a cruise to Bermuda for a week. I will post some pictures and a recap soon.
Today's post is about the instability in my job.
Being a contractor for the government, you never really feel completely secure. I've felt more secure than most because I've worked my way into a position that makes it difficult to eliminate me. It's not that exciting (I build and maintain databases) but they need me. I know too much about the research... that's my real security.
Last week, I started working for a new employer. The government ended the contract with my old employer and moved me and a few coworkers to this new contracting agency. Sadly, in that move I lost a company sponsored 401k and 10 days of PTO. Hey, when you're asked by the government to underbid someone else, you've gotta cut costs somewhere... and you know it ain't gonna be from your profitabiliy.
Sadly, I used half of my PTO last week for the cruise... in my first week of employment with the new contractor.
Elsewhere in my employment news, the government has mentioned that they want to bring me on as a true full time government employee! I wish I could be more excited about this, but it's not the 1st time they've mentioned it in the past 4 years... nor the 2nd... not even the 3rd. So we'll see... until December... and I'm definitely not holding my breath.
There's been a hiring freeze in place since Bush took office, so instead of just hiring the workers, we're hiring them through another agency and paying more for each one. The same number of people are still working for the government, they're just not technically employed by the government.
So... anyone got any tips on which is the best retirement account for me to open up?