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Too good to be true?
Dec. 29th, 2007 11:43 pmAt my new job, I get paid twice a month, specifically on the first and fifteenth of each month. However, in the event that those dates fall on a weekend or holiday, we get paid on the closest weekday before the day in question. So, for example, since December 1st fell on a Saturday, we were paid on November 30th. In the case of New Year's Day this year, it means we'd be paid on Monday, the 31st of December.
Or so I thought.
It turns out that the company that does our payroll deposited the first January paycheck today, the 29th, and I saw the amount as a pending deposit while I was checking our bank account. Now, this alone is not newsworthy. It won't actually move out of pending until the end of bank business on Monday, so the result's the same. What's newsworthy is the amount. You see, I wasn't eligible for health insurance and other insurance-related benefits until my first 30 days were up, which would have been on December 12th. The paychecks I've gotten in that time have been a bit higher than I expected, but they'd be where I expected if insurance costs were taken out. We received our new insurance cards within a week of that date (and as a side note, they're with the same insurance carrier, on the same account, so everything is seemless - beautiful!), so I figured that bit of extra pay would go to insurance with the first January paycheck.
Imagine my happy surprise when I note that the deposit amount today is the same as it's been for the last two paychecks I've received. I'm hoping that it's not a mistake or a pay scheduling thing with my benefits. I'm hoping that it doesn't mean that the paycheck on January 15th (which will, naturally, fall on a non-holiday Tuesday and thus will not be special) gets a double-dose of withholdings to cover January's costs. I'm going to double-check with someone at the company on Monday to get some clarification...
...because if this is the right amount, and there's no mid-January surprise, then it means my employer is covering my insurance costs on top of my salary, not as a part of it. If that's the case, then it means that my job is better than I could ever have expected.
Or so I thought.
It turns out that the company that does our payroll deposited the first January paycheck today, the 29th, and I saw the amount as a pending deposit while I was checking our bank account. Now, this alone is not newsworthy. It won't actually move out of pending until the end of bank business on Monday, so the result's the same. What's newsworthy is the amount. You see, I wasn't eligible for health insurance and other insurance-related benefits until my first 30 days were up, which would have been on December 12th. The paychecks I've gotten in that time have been a bit higher than I expected, but they'd be where I expected if insurance costs were taken out. We received our new insurance cards within a week of that date (and as a side note, they're with the same insurance carrier, on the same account, so everything is seemless - beautiful!), so I figured that bit of extra pay would go to insurance with the first January paycheck.
Imagine my happy surprise when I note that the deposit amount today is the same as it's been for the last two paychecks I've received. I'm hoping that it's not a mistake or a pay scheduling thing with my benefits. I'm hoping that it doesn't mean that the paycheck on January 15th (which will, naturally, fall on a non-holiday Tuesday and thus will not be special) gets a double-dose of withholdings to cover January's costs. I'm going to double-check with someone at the company on Monday to get some clarification...
...because if this is the right amount, and there's no mid-January surprise, then it means my employer is covering my insurance costs on top of my salary, not as a part of it. If that's the case, then it means that my job is better than I could ever have expected.