Give Me Back My Five Bucks

Are you a job hopper?

Yesterday, I read a great BBC article by my pal Bryan Borzykowski called Are You Job Hopping To Nowhere? In this article, he examines whether job hopping can help or hurt your career.

He says that the nature of employment is changing, and more young workers are job hopping due to a variety of reasons – there’s a lot more contract or part-time work, combined with layoffs and salary freezes that can push people around to different jobs. But frequently moving around doesn’t necessarily mean you’ll climb the corporate ladder faster, and staying put might not earn you significant salary increases.

I look back at my career so far, and it’s obvious I’ve been a job hopper:

  1. Writer in the provincial government (6 months)
  2. Marketing Coordinator in municipal government (12 months, + $17,000)
  3. Marketing Coordinator in non-profit (8 months, – $5,000)
  4. Marketing Coordinator in real estate (18 months, + $6,000)
  5. Marketing Coordinator in apparel (20 months, + $2,000)
  6. Freelance Writer (12 months, + $7,000)
  7. Marketing Manager – current job (6 months, + $8,000)

But, aside from one job move (this is when I moved to Vancouver), my salary has increased (sometimes significantly) over the previous position – to the point where I’ve more than doubled my salary since I started working. If I were still working in the provincial government, I’d likely enjoy modest cost-of-living increases, and perhaps a promotion or two – but I’m pretty confident there’s no way my salary would have increased as much had I not kept jumping around.

The article says that people who stay long-term with a company often take salary increases when offered to them, but don’t necessarily know what they’re really worth compared to people outside of the organization. And I think in a lot of cases, that’s true. But there are plenty of good reasons to stick it out with a company – great people, great benefits, flexibility, believing in what you’re doing, etc.

That being said, I’ve never stayed long enough at a job to be promoted, or really feel like I’ve made a difference or contributed in a significant way. I think that will change with my current job. I see myself here long term. There’s endless opportunities to grow the position, as well as myself as an employee, and I think that’s what I’ve been looking for while I was job hopping. None of the other positions felt right. This one does, even if it’s in an industry I might never would have considered early on in my career.

Bryan’s article concludes by saying the best resumes show a combination of loyalty and leaving. After making a few moves to different companies, it’s in your best interest to spend longer amounts of time with a single organization – and after job hopping for so long, I would agree with that. The way I see it, it’s kind of like dating. When you first start dating, you might have a few relationships (and break-ups) before you really figure out what you want, and what works best for you. And once you find something that fits your personality and your goals, well, you hang onto it. :)

Are you a job hopper, or have you stayed loyal to one or two organizations over your career?

Depositing cheques by iPhone

ING-DirectIn the USA, people have been able to clear cheques electronically since 2004 – but for Canadians, that technology has just become available. Yeah, we’re a little far behind. :)

Last week, ING Direct finally launched their Cheque-In feature with the existing mobile app, and I am so excited to be able to deposit cheques just by using my iPhone (but you can also use it on an iPad, Android, Blackberry, or Windows tablet).

This is a huge step forward in the way we bank, especially since I still write and receive cheques regularly. In fact, according to a recent poll by ING Direct, over half of Canadians (55%) still deposit at least one cheque per month into their bank account, and they do this by ATM (71%), bringing it into a branch (41%), or mailing it in (1%). Being able to deposit cheques with my phone makes it less likely I’ll ever need to go into a branch again. Plus, I can be putting my money to use almost immediately – earning interest, or paying bills.

All you have to do is take a picture of the front and back of the cheque – and you’re done! Then you just have to wait for an e-mail that confirms your deposit has gone through.

The only complaints I have are:

  1. When I first used the app, there was a daily deposit limit of $1,500. Apparently since then, it’s been upped to $20,000/day for me. 
  2. They don’t accept U.S. dollar cheques. Which, to be fair, ING never accepted (unless you have a U.S. dollar account). That’s why I’m glad I have my PC Financial account still – they accept U.S. dollar cheques deposited into my Canadian chequing account.

Have you ever deposited a cheque by smartphone before? Does your bank offer this feature?

And speaking of ING Direct, did anyone see this awesome clip of Peter Aceto on The Daily Show a few days ago? It’s pretty hilarious.

http://youtu.be/01hKpvaOWkY

Spending Recap: June 17-23, 2013

Monday 17th
No Spend Day!

Tuesday 18th
$10.17 lunch
$43.54 gas
$5.25 dinner

Wednesday 19th
$215.92 Breville juicer

Thursday 20th
No Spend Day!

Friday 21st – Vancouver Island
+ $267.95 freelance income
$15.65 ferry
$35.18 wine

Saturday 22nd – Vancouver Island

Sunday 23rd – Vancouver Island
$15.65 ferry
$6.81 lunch
$143.67 bachelorette party expenses
$2.36 coffee
$55.66 groceries

Freelance Income: + $267.95
Expenses– $549.86

TOTAL: – $281.91

This was an expensive week. I bought a Breville juicer, and went away for a bachelorette weekend. It was also expensive because life has been go-go-go for the past 3 weeks. I haven’t really been home over the last month, so that meant a lack of groceries (and a lack of wanting to buy groceries, because I’m never home to make food). Hopefully now that life has settled down somewhat for the summer, I’ll be able to get back on a regular schedule with my spending. I don’t have any travel plans for the rest of the summer, except for a few trips to Seattle for baseball games, and a weekend back in Victoria for my friend’s wedding in August.

How was your week of spending?

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