Submitted by bigcat7373 t3_10dmw0b in personalfinance
My wife was making a salary of 75k a year. Her company just announced that in 10 days, they will no longer have full time employees. They are switching to pay $50 an hour with a maximum of 29 hours weekly. She will no longer have her benefits.
Since she isn’t being let go, and she is given the option to stay, does she qualify for unemployment? I believe she can collect some unemployment since she’s now part time and taking a pay cut. Any advice on next steps would be helpful as this is a big change that was not expected.
She’ll likely be moving on and looking for something else as soon as possible.
Edit: Yes, I’ve done the math. She can technically make the salary. She’s a therapist. The hourly rate is for in session time alone. Mandatory notes wouldn’t be included in work time. The sessions have been lowered to 30 mins each. She had a 20 patient case load at 45 minute sessions prior.
Technically speaking, she can still make similar money, but her quality of life has gotten significantly worse. Her caseload would jump from 20 to 58.