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Wednesday, 19 July 2017

DW employed again

Well, it took a while, but DW was finally offered a full-time position last Friday and started her new job on Monday. Apparently there were 100 applicants for this position, with 25 people selected for an interview, and at the end of her interview last Thursday she was told she was on the 'short list' of three applicants being considered.

The position is 'Office Manager' for a start-up financial planning business being created by an existing residential property sales firm (it has an existing client list that are likely to require financial planning services, so has a good chance of being successful). Her starting salary ($55K+SGL) isn't too bad - although the hourly rate is only around 85% of her previous position, the fact that it is a full-time position means that overall she will actually be earning around 40% more than when she was working three days/week as a permanent part-time employee for the past decade or so. And if the business does well she may get an increase once she has been in the role for a year or so.

The company is located in a nearby suburb, which is ideal. I drive that way every morning on the way to drop DS2 off at school on my way to work, so it is very convenient for DW to also get a lift in the mornings, and she only has to catch a short bus trip home after work. It is also located close to the train station DS2 gets off at to catch the bus home after school, so she may meet him there occasionally.

Working full-time will mean that DW can accumulate some additional superannuation savings before we reach retirement age. And she'll be able to fund the shortfall in rental income vs. the cost of her new investment unit, and get some tax benefit from having a negatively geared property investment.

Hopefully she enjoys this new job, and it lasts.

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