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money walks

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I work at an IT company with multiple divisions that are subject to ongoing reorganisations and reshuffles. They also, apparently, in competition with each other. This year the effective result is that the people in the division I belong to are being given a bonus half the value of that given to the people in other divisions. Poor financial results are to blame.

Never mind that my division, through the work we do, subsidises the other divisions. We provide support to customers even when there is no lucrative contract involved, sold or prospective. That translates to better sales that appear on the bottom lines of the other divisions, not ours.

The bonus will be hitting my bank account just before Christmas, and while I don’t know the exact amount yet, I have a rough idea, and it’s already accounted for. Travel costs for my upcoming trip are a large part of it, along with the phone I bought last month and a couple of other things.

At least I’m not in debt: the reason I’m thinking about money this evening is the following page on b3ta.com: debt pr0n. Various people tell their stories about debt problems, and while most are humorous – it’s that kind of site – there is still something horrifying about the blasé attitude shown by some towards huge debts. I counted at least three who ran up huge student debts and absconded, to Spain or Australia.

On a more serious note the news, here in Ireland and in the UK, carries regular warnings on the levels of debt people are getting in to: this story from BBC News is one example. It’s even becoming a political issue, with the Conservative Party encouraging fiscal responsibility by telling people to “ignore the tosser in you“.

I’m in the best financial shape I’ve ever been in, which makes it doubly ludicrous that I’m a long way from being able to afford a permanent residence in Ireland, at least not in a place that I could actually travel to or from. More debt I’m in no hurry to take on.

I have a roof over my head at the moment; whether I do in a few hours time is a question of a different order. The weather forecast here, tonight, predicts storm force winds of up to 80 mph. Should be quite a blast.

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Written by brian t

December 2, 2006 at 11:00 pm

Posted in humour, life, work

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