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    Saturday, June 2, 2018

    Personal Finance "Include Salary Expectations" - HR Coordinator Position

    Personal Finance "Include Salary Expectations" - HR Coordinator Position


    "Include Salary Expectations" - HR Coordinator Position

    Posted: 02 Jun 2018 06:25 AM PDT

    Hi Everyone,

    I am currently a department/programs manager at a relatively large non-profit organization. As part of my day-to-day, I perform a handful of HR related tasks (recruiting/interviewing/hiring/training, performance assessment/corrective action/termination, employee relations etc.), and I realize that this aspect is what I enjoy the most about my job. As such, I was looking to make a career switch into a more HR focused position.

    I found an HR Coordinator position for a smaller, private university in a large city. Most of the job responsibilities listed on the description are tasks I already oversee as a manager, or tasks that I am confident I can pick up on fairly quickly. This seems like a great opportunity to get my foot in the door, and also seems like a position that I would enjoy in general.

    The only concern is, in the job description is states "Send resume and cover letter, including salary expectations". I'm really not sure what the right move would be as I've never been asked to include my salary expectations in the opening email... Google (glassdoor, indeed, etc.) indicates that the "average" HR Coordinator salary in my city can be anywhere from ~41k to ~48k.

    I currently make ~50k at my current position. I am willing to take a paycut, but if possible I'd rather not go down too much. I also saw a review on Glassdoor from a former HR Coordinator of this company, reporting that this was a great work environment, but that the pay was on the lower side...

    I know I shouldn't be thinking too far into it, since I don't even have an interview. I'm OK taking a slight paycut to get my foot in the door, but I also don't want to be in a position where they won't even consider me for the position because I try to high ball them when other candidates with as much relevant experience as I will do the job for less.

    I really would appreciate any guidance on what to put in my email/cover letter regarding the "salary expectations" portion of the query. I was thinking something like - "Given the combination of my experience and the general average of the HR Coordinator salary, my initial expectations would be in the range of ~45k - $50k. I am flexible and happy to negotiate this range, upon considering the average HR Coordinator salary at your company as well as the specifics of included employee benefits."

    submitted by /u/KittenResources
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    First job out of college, how to keep from being lowballed in salary/comps?

    Posted: 02 Jun 2018 08:13 AM PDT

    So I just got my first job offer that I think I'm going to take; I graduated college in May and have been interviewing with this company since about then and really enjoy everyone I've spoken with, and think the position is a good match. However, it's about 1,000 miles from where I live now, so I have confirmed I would need relocation compensation which they have offered in the form of $1,000. Additionally, the salary is a bit on the low end at $45K considering it's in Dallas. The benefits are great though, and there's a bonus offered as well. I know I'm going to need more than $1k to move as that will barely cover the cost of a Uhaul trailer, and I'm going to need to break the trip up into 2 days, as well as fly out prior to the big move to find an apartment and get my utilities sorted. Basically, I had planned to focus on negotiating the salary to at least $50K, but have been reading that this may be difficult given its my first job and I don't really have any evidence or tangible accomplishments to justify a negotiation besides using another job offer as leverage (the other offer is $50K but in my hometown, super LCOL, but I need out of here). So I'm thinking I should focus on getting that relocation comp closer to $2500-$3000, but not sure how to do this besides a rational line-item breakdown. If it helps, they flew me in and out on the same day for the interview and the flight was $1300 fully comped, plus $100 expenses voucher. I understand there's probably a pre-worked budget for that kind of thing, but they didn't even try to find the cheapest flight option, just booked it in 3 minutes based on convenience. I guess what I'm asking is, should I go for a salary negotiation, higher relocation comp, neither or both? And what are some good ways to go about that? I appreciate any input.

    edit: graduated with a B.S. in business admin, its in the healthcare/non-clinical industry, and is huge. i think they do about $3 billion annually

    submitted by /u/shezapisces
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    Ivesting advice for the semi-poor

    Posted: 02 Jun 2018 06:32 PM PDT

    I am a 28 year old with $6000 dollars in a checking accoint and i make about $30000 a year. This is the first time ive had a steady income in my adult life and was wondering if anyone had any advice on a smart way to invest my money and future income. I know i dont have/make much but i would like to make the best of it. Just curious about options. Any advice/information would be much appreciated!

    submitted by /u/AnarchoMatingCall
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    $324 removed from my bank account

    Posted: 02 Jun 2018 02:34 PM PDT

    So I've been getting calls from what was apparently Southwest Credit Systems every morning for the past few days. Apparently I owed money for a Tesla vehicle that I do not own, and today $324 was removed from my bank account by Tesla. I'm 21 and have no clue how to resolve this, I need that money to pay my bills.

    submitted by /u/Lord_Vance
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    Saving for kids

    Posted: 02 Jun 2018 07:06 AM PDT

    My wife and I earn about $180k combined. I just paid off my student loans and own my car outright. She has maybe $7-8k in loans (student, car, and a personal loan she took when she first graduated college), which she will finish paying, Dave Ramsey snowball-style, this year. We each have a credit card but pay them off every month. We each have a TSP through work—she puts 11% in hers and I put 18% in mine. I have a Roth IRA that has been idle for a few years, but I have recently (since I paid off my student loans) been maxing. We each expect to get a pension from our jobs, although we don't include it in our plans because we haven't been at the job long enough to get it yet. We currently have about three months of expenses in our savings and are working towards six.

    What is the next step? Stocks? Increase the TSP? We plan to have children soon. We each have a GI Bill so two of the kids (we want three or four) will have college paid for. We move too much to buy a home, although we've casually considered buying somewhere and renting it out. I've spent my life with "pay debt" and "build savings" as my goals, so now that those are done, I'm not sure what to do next.

    submitted by /u/EternalFootwoman
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    First job- mandatory enrollment in union?

    Posted: 02 Jun 2018 07:12 AM PDT

    Hello!

    I have a job for the first time and during the process of me signing tons of documents, my new boss said I would have to become a part of the union. She said it is $100 down, and they would take a "small" part of my paycheck each week. To be honest, I had spent the last week focusing on getting the job and preparing answers to interview questions- I did not really think ahead to this kind of thing. I accepted and I am now hired.

    Is this normal? Is there something I need to be watching for? This is all very new to me, thank you for your time!

    submitted by /u/Celestial_Chicken
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    Never give up and always work towards a goal! My employment history from Sept 2016 to present.

    Posted: 02 Jun 2018 03:18 PM PDT

    To start from the beginning, I'm currently 24 and live in NYC. I landed a full time internship at a company in September 2016 doing some admin/marketing work along with some data entry type tasks. It was 40 hrs a week, and I would go to class after work. The pay was 14/hr. I was commuting from NJ at this time (the job and my school were both in Manhattan) and the commute was really taking a toll on me so I started looking for apartments in NYC to move out. I found a place in Queens with some friends and paid 800/month in rent. My take home pay at this time was about 400/week.

    This was my first time moving out however, And I didn't realize all the extra costs of living on your own. I couldn't ask my parents for money, so I had to find another job asap to help make ends meet. I interviewed at countless places, and probably worked about 7 different part time jobs.

    Among these jobs were a cashier at a grocery store (weekends 7am-7pm), a warehouse job doing inventory and shipping (9pm-3am four days a week), a restaurant server at 3 different places, etc. I absolutely hated most of these jobs, and was feeling so tired and helpless during this period as I got extremely little sleep due to working two jobs at a time and having to go to class. I am a social person, and living in NYC all my friends would constantly invite me to come out with them. However, I would have to work and wouldn't even be able to afford to spend extra money going out if I did somehow spare some time.

    However, I knew there was a light at the end of the tunnel because I was soon graduating (graduated in August 2017), and my current company would offer me a full time offer. I had gotten extremely good reviews during my internship, and my responsibilities and tasks were constantly getting increased.

    Once I graduated in August 2017, I had a talk with my boss and he initially offered me 19/hr as an analyst. I was ready for this talk however, and counter offered by stating the average glassdoor pay for similar positions in the NYC area. He said he would think about it and called me into his office a few days later and offered me 25/hr. I was ecstatic and finally glad to be able to not have to work a second job and be able to live my life.

    Then about a month ago, we had our annual performance reviews and my boss gave me a 5 dollar raise and a 6000 dollar bonus. I am now making 30/hr and I average about 8 hours of OT a week so I am making about 80k a year before bonus. I also just moved from Queens into Manhattan, and am living more comfortably than before.

    I am making this post not to brag or toot my own horn, but to give hope to anyone in similar situations like I was, where you're barely living paycheck to paycheck working multiple jobs and you feel trapped. Work smart, not hard, and always have a goal in mind that you are working towards. I feel very blessed to be where I am now, and I hope anyone reading this can feel empowered to improve their own situations.

    submitted by /u/huggles119
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    Brother/Sister Owned Home - Moving apart need advice

    Posted: 02 Jun 2018 02:55 AM PDT

    My sister and I have owned a house for the past decade or so. We didn't intend to be here together this long. Now we're trying to go our seperate ways. I'm keeping the house, she wants to move out. Earlier this year we intiated a refinance - and because our financial situations have changed. I was able to take full ownership of the house, during this refinance we chose to keep the equity in our home (perhaps ignorantly). We've split the finances 50/50 during the time that we've owned this house. Now that she's no longer on the loan my sister wants to move out, and she feels like I owe her something before she can do so. I also feel like, I do owe her something, but neither of us is sure where to start. We both split the down payment but we kept the equity in during refinance... What do you think is fair to both of us?

    submitted by /u/Buckshort91
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    Which budgeting apps do you love or hate?

    Posted: 02 Jun 2018 04:45 PM PDT

    There's a lot of budgeting apps out there. (Albert, Personal Capital, Mint, Yolt, YNAB, Monefy)

    I'm curious are there any budgeting apps that people absolutely love and why? Are there any that you've had and think are not helpful or make you do too much work which prevents you from using them effectively?

    submitted by /u/adamlangsner
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    I don't know anything about stocks but I think my company gives me some. Checked this account for the first time in 2 years. What does it mean?

    Posted: 02 Jun 2018 06:33 PM PDT

    Is any of this money mine? If I wanted to take some out is that possible? Is so, how much?

    I don't know anything about stocks.

    https://i.imgur.com/9RvaU1U.jpg

    Thanks.

    submitted by /u/MsgWill_SelfDestruct
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    Did BoFa always charge $3 for outbound ACH transfers?

    Posted: 02 Jun 2018 07:34 PM PDT

    Just noticed this. All outbound ACH transfers to other banks come with a $3 charge.

    I feel that's pretty disgusting. Never seen a bank do this. Maybe I'm just out of the loop and this is "normal"?

    I typically log into the bank where I want to receive the money and "pull" the funds so maybe I just never did it this way and never noticed, but I'm looking forward to STOPPING all business with Bank of America soon because of stuff like this.

    submitted by /u/minomes
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    I have a year to leave the house or keep my dad happy. How should I get ready?

    Posted: 02 Jun 2018 11:35 AM PDT

    Recently, my father disowned me for coming out as bisexual. My mother and father have explicitly told me that they will never accept this and want me to turn straight. My mom, who knows I'm in a relationship with a guy for a year, wants me to break up as well to think about my choices.

    My father gave me an ultimatum: become straight or leave the home in a year. I will more than likely move out, as living home has become a trigger for my severe depression and anxiety.

    I had four credit cards with a limit of up to $4k, but were cancelled when I lost my job. I am a junior in college and need at least 3 years to finish my engineering degree. Most likely, I will have to take out loans, but will not have a co-signer. I never took out any FAFSA loans so far. I currently have a part time job working remotely, and I don't have a car, although I use my parent's car to get around.

    What can I do to get ready for this transition?

    submitted by /u/4ndr0med4
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    ELI5:Student Loan Selloff

    Posted: 02 Jun 2018 05:43 AM PDT

    I recently received a letter that my student loans had been sold off to another company. I've been paying them for about 10 years and have a small amount left ($1600). Why would a company do this from a consistent payee?

    submitted by /u/jvandy34
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    $15,000 in Debt/In Grad School

    Posted: 02 Jun 2018 06:27 PM PDT

    Hello,

    I could really use another set of eyes to help me get out of credit card debt. I used my credit card a lot during undergrad because I had minimal income.

    I now work full time (~$2480/month), and I am also in graduate school part time online to reduce cost. I have no idea where to come up with the money to pay off this debt, and I really want to move forward with my life. This is a template budget I have right now; as you can see, there's no credit card section because my father has been helping me while I get on my feet (I'm a teacher at a private school).

    I have taken off from graduate school this summer because of a surgery I am having, to save up a $1000 emergency fund, and pay off a $1200 debt.

    Thanks!

    Budget:

    $1240 (+55)

    Grad School 700 Utilities 80 Bus Pass 55 Student Loan 200 Savings 50 Groceries 100

    $1240 (+73)

    Rent 867 Subscriptions 100 Therapy 100 Groceries 100

    submitted by /u/lavenderandgreen
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    Identity theft shenanigans with the parents

    Posted: 02 Jun 2018 04:35 PM PDT

    Apologies if this is in the wrong sub. I wasn't sure where else to post. My parents recently started getting mail from the power company with someone else's name on it. That person has never lived in my parent's house. I finally convinced them to call the power company because they were also getting notices in their name that they had a credit and to not pay anymore. They finally got that straightened out but now my parents also are getting mail from a credit union with the other person's name on it. At this point I'm as little freaked because not only did someone manage to make changes to the power company account, they are also sending their mail to my parents address. I don't want to have some surprise squatter show up because they have their residence listed as my parents address. I am quite unsure how to proceed. I don't want to have them deal with all this as would like to nip it in the bud if I can. I'm going to have them check their credit report just in case there's something we haven't seen. Does Reddit have any other suggestions on how to proceed? Any suggestions would be greatly appreciated as I am out of my element here.

    submitted by /u/jaquio1
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    So I did the right thing and froze my credit, but no company customer service can tell me what bureau they use when running credit checks.

    Posted: 02 Jun 2018 03:16 PM PDT

    Somewhat of a rant, but figured I'd ask this on here to get some feedback.

    Anybody have issues with singing up for new services that nobody in their customer service department is able to tell you which bureau they use to run a credit check?

    I've had this happen even with large companies like AT&T who were unable to tell me and then also unable to let me place a deposit in lieu of a credit check.

    submitted by /u/brp
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    Adjusting Portfolio for Retirement

    Posted: 02 Jun 2018 03:41 PM PDT

    So after running years of passive or active investing. How do you guys suggest the allocation for your portfolio once you hit retirement.

    My mom is currently 68 with life expectation to 80-85ish. Ideally I'd be supporting her after I finish school.

    Running mainly equities is no longer ideal.

    I'm thinking of running 40% equities 40% bond and 20% money market / GIC's in passive etfs.

    It's about $100k total. Her ability to take risk is high since her property is worth about 1.7MM. But her age wouldn't allow her to recover from a bear market. Which is why I don't want her to stay in all equities

    submitted by /u/Musclechu
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    Investment Help!

    Posted: 02 Jun 2018 05:15 PM PDT

    Hi everyone!

    I have been doing some investing over time and wanted some feedback. I currently use Robinhood to purchase stocks that really interest me and fit the target market I am after. I use Acorns for just general investing (they invest my money for me) and I have money within a few other company based programs. I also have a little bit in crypto.

    Are there any suggestions from your experience to better my understanding on investments? I want to really create a diverse portfolio to the point where if one market is going down or struggling, I am personally not struggling. I know that dividends are pretty important. Being in my early 20's, I want to get my feet wet and get as much exposure as possible.

    Thank you!

    submitted by /u/Agent-Shark
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    Fraudulent activity involving ChexSystems

    Posted: 02 Jun 2018 08:10 AM PDT

    Okay so I'm a young teenager (18 years of age) and right now I'm in a shitty situation

    Last year around thanksgiving I deposited a check from my cousins friend to help pay my college tuition with chase, but turns out the check was bounced resulting in them closing my account.

    Sometime later (This month) I tried opening another checkings account with chase, but a few days later I was denied and they closed my account.

    When I called them up about it they said it was about the check I submitted and said that it was related to fraudulent activity so they decided to end the relationship with me meaning I can't open up another bank with them.

    Here's the thing though even if that check I submitted was bounced or fraud I didn't use any of the money from it so I'm wondering if that can help me in my favor

    Now doing some research on I suppose I have a record on my chexsystems or whatever you call it and this affects your relationships with banks overall (not just chase) when you try to open an account.

    Now I did submit a review of my record on their website and I got to wait 5 business days to see what it says, but looking into this I'm wondering if I have any chance of getting my name cleared? I don't want to open up a second chance checkings account with fees, or wait 5 years, I just want my normal checkings account back with my original bank (chase). I mean I am in college.. do I have fighting chance with this? And tips? Please help me.

    Edit: Thanks for the support guys do you guys think I have a fighting chance of getting this off my chexsystems record considering that the check wasn't even used?

    submitted by /u/TymeFly
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    Considering moving into girlfriend's home. Looking for a formula for how much rent is fair in this somewhat unique situation?

    Posted: 02 Jun 2018 12:12 PM PDT

    There are elements of this discussion that probably belong in r/relationships, but let's stick to the numbers and logistics here.

    My girlfriend purchased a home shortly before we started dating. I currently rent a large 1BR apt with enough space for my home office (I'm self-employed and require space for a bunch of computer gear for my job). I've been spending more and more time at my girlfriend's house and the topic of "moving in" has started to come up. My girlfriend is also self-employed and works from her home office and there is no extra space there for my work environment.

    If I were to move into her house, how should we handle the $$ situation? I would need to hold on to my apartment or find an office space for my work, so offering her "comparable rent to what I was paying", as I've seen suggested in other posts, is tricky in this situation. On the one hand, the house isn't adequate for both of our needs so it's been suggested I don't owe her any rent. But since I would be living there, and its not her fault I require an additional office space, it seems there is some formula that would be reasonable and fair. I don't think equity in the house is the right move, though I'm not certain she would even be opposed to that either.

    A few other things that might be worth noting - a. she makes more money than I; b. the house is in a very hot neighborhood where the value of real estate is rapidly rising, and c; renting an office that would suit my needs will cost about the same as my 1BR apt (WeWork and such don't work for my field)

    TL;DR: My gf is a home owner and I'm considering moving in. The house doesn't have enough room for my home office and I'm not sure I can afford to pay her rent and to rent a separate office as well. What is the most fair formula to handle this?

    submitted by /u/samtwister
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    SSDI Backpay

    Posted: 02 Jun 2018 05:38 AM PDT

    Hi, so I was recently approved for disability benefits at 349/mo, but I applied for disability back in December '15 so my backpay totals out to 10,470. I have also applied for SSI but don't yet know how much that will be so we will leave that to the side for now. After paying my attorney (who is owed 1/3 of my total backpay) I will have about $7000 of backpay saved up. Im going to pay off my credit card (only $300) and pay back some friends for money borrowed (only $200) when I receive that money but was hoping for some help determining more positive things to do with that money.

    Would it make sense to try to invest such a small amount? If so, how? Is it best to just sit on it until I need it? Are there other common things in my life that I should spend the extra money on ahead of time to save me trouble/money in the long run? Any help is appreciated, thanks!

    submitted by /u/princessremedy
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    College Kid with extra money

    Posted: 02 Jun 2018 02:49 PM PDT

    Dear r/personalfinance I will be a junior in college and I have been taking this summer job that is paying more than I need. I live at home and pay nothing for bills. During school I pay a small amount each semester which I already have saved up. Due to this job, I will have an extra $2,500-3,000 and lord knows I should not spend it on video games. How should I use my money. Should I save it for Grad School expenses (going to law school in June 2020), save it for a trip for school, or pay off my small student loan? If I am saving my money do I keep it in my regular savings account at 0.25000% paid annually, or move it to some other savings account. Let me know what y'all think please.

    submitted by /u/Therneee
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    How to renegotiate a job offer

    Posted: 02 Jun 2018 05:53 AM PDT

    I've never been in a position to do such a thing, however I feel that I'm being undercut here. Background: engineering degree, 25 y/o, currently making $10 working at a hotel, looking to get into my field and found a starting position as an office manager at a good location, hoping for at least $15 but only offered $13. How do I go about renegotiating without coming off badly? Tia

    submitted by /u/HA2Sparta4
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    Is my Electricty bill under-charging me?

    Posted: 02 Jun 2018 04:08 PM PDT

    So looking back on previous billing statements over the year, we average about 600-800kwh of electricity used and are charged accordingly. The weird thing over the last two months is that I've only been charged $5 and it says on the statement we have used 0kwh of electricity which I dont believe is possible. Is this normal? Should I call the electric company about this? Will I receive some kind of penalty or just hope the free ride continues?

    Thanks reddit!

    submitted by /u/RadCandy
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