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Reply to "New company, no benefits yet, asked to travel on own $$"
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[quote=Anonymous]I'll try to simplify the backstory: Husband is a DoD contractor; his company just lost the recompete for long-running government contract. His company has washed their hands of the employees on the contract, but the company that won the new contract has extended offers to the existing employees to stay on board (we realize the new company doesn't HAVE to do this, and are grateful). New company is offering the positions at 50% paycuts (minimum...most people are losing more) and although they offer insurance we'll be paying more than quadruple what we're currently paying. Husband was already way underpaid so it's killllling us financially but we're rolling with the punches and he's applying for new jobs like crazy. Here's the thing: the new company takes over on Friday. Pay cuts are immediate (ouch). New benefits (health, life insurance, etc.) won't kick in until the May 1. We're crossing our fingers everyone stays healthy so we don't have to pay the almost $2K for Cobra for those couple of weeks. The company is requiring that DH travel next week - cross country, with no health or life insurance coverage, ON HIS OWN DIME. It will cost several thousand dollars, and there's a "promise" (not yet secured in writing) of reimbursement. I'm completely opposed to the idea of putting that much money on our personal credit cards without any reimbursement plan (especially since DH is actively looking for a new job and could possibly be putting in notice soon. Will they pay him back if he's bailing on them?). Given the severity of pay cuts and the virtually nonexistent benefits, I'm just skeptical about their ability to pay employees back for such an expensive trip. And it makes me nervous that he's traveling without life or health insurance. We haven't taken out a life insurance policy beyond what our workplaces have offered, and it'll be the first thing we do once he's in a new job and we have the funds. We're hanging on by a thread right now. WWYD? [/quote]
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