My DH just had a meeting today with a former employer. He worked for them for about 11 years and left over 4 years ago on less than great terms. He had signed a no-compete agreement when he was young and foolish (as opposed to now being old and foolish). He had to sue them to get out of it and left to accept a better offer. The better offer lasted 4 years before he was laid off there last June. Since then he has not had a job that was able to pay all the bills so we have been living off of what he earns, what I earn part time, savings (all but gone) and most recently our home equity line of credit. Fast forward from June 2006 to April 2007, he hears that the former employer is looking for sales people and would like to talk to him. After much back and forth between us he finally calls them and meets today. They offered him his old sales job back at a very nice salary, benefits, car allowance and cell phone allowance. Thus, the big sigh of relief at the thought of finally being in the black each month and hacking away at the debt. Yeah! The "Sort of" part comes in with his most recent history with this employer and my not totally trusting that they won't fire him anytime soon just becuase they feel like it. As long as they need him, I am sure all will be well. Once business picks up and they feel they are paying him too much, it may be a different story. He got them to commit to a one year salary with renegotiations for salary vs. commission after one year. Right now building is very slow so selling building supplies on commision would not be good. All in all, I think I am happy about this. I guess that I just have to digest the idea of him working for this company again.
Breathing a Big Sigh of Relief - Sort Of!
April 26th, 2007 at 12:32 am