Wehey! We Don’t Need to dip into our Emergency Fund after all!

January 7, 2009 by Avalon
Filed under: General Budgeting, Jobs & Work 

I mentioned here  that we may need to dip into our emergency fund:

 

IBM were only taking staff on as 2-year contractors, and that was coming to an end next April, and hubby has been trying for months to get the contract made permanent.

 

Finally, after a lot more hassle and way more meetings with managers than should have been needed, the approval has come through for Hubby’s contract to be made permanent.

 

The funniest thing? Or perhaps the most utterly annoying and frustrating thing (that had us screaming and grinding our teeth)?

 

15 people had to sign off on making the contract permanent:funny-pictures-disgruntled-employee-of-the-month

 

 

Manager (New Zealand Based)

2nd Line Manager (New Zealand)

2nd Line Business Executive (Aus)

Finance Manager (NZ)

HR Manager (NZ)

Resource Manager (Aus)

Talent Leader (??!) (Aus)

HR Manager (Aus)

3rd Line Business Manager (NZ)

General Manager 1 (Aus)

General Manager 2 (Aus)

General Manager 3 (Aus)

Finance Manager (Aus)

Vice President of Finance (Japan).

Director of HR (China)

 

Notice: only 5 people on that list are actually based in New Zealand!

 

Maybe THIS is why so many migrants find it hard to get job offers from NZ companies. The problem we found, both here and with Unisys, is that the New Zealand company is seen as a bit of a poor relation to the Australian branch. It’s not the first time that hubbys job has been decided by people in Australia rather than New Zealand.

 

Anyway – as we were shoving extra money aside – we now have a few extra thousand dollars in the emergency fund. I figure it may as well stay there.

 

But as we don’t need it just yet – I’m going back to pouring the money into the mortgage. I was able to divert my normal mortgage payments into the slush fund because I’m years ahead on the mortgage anyway – but I have to say I’m real glad to be able to get back to killing the mortgage!

P.S. All this effort was just to get approval for the transfer. Salary negotiations are still to take place.

Related posts:

  1. Why do you need an emergency fund?
  2. Should New Zealand have an emergency fund for Migrants?
  3. What do you do just in case things do go to hell in a hand basket?
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Comments

One Comment on Wehey! We Don’t Need to dip into our Emergency Fund after all!

  1. Hubby on Thu, 8th Jan 2009 3:07 pm

    2. Disgruntled employee of the month award should really go to those who are still waiting for their jobs to be renewed – and are on extensions. It’s only by starting to plug away at my manager 12 months before the contract was due to finish that I’ve got this far..

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