For the love of money or opportunity?
Burn out and understaffing have been the norm at work for the last two years. The Covid policies did not help with hiring process. In fact, we had less qualifying applicants and more turnover rate than in the past. This created a situation where the employees needed better incentives. In my department alone, the overtime premium is at 85% to encourage people to work extra.
Since I work 7 on 7 off, it's was not too difficult for me to come in for 4-hour mini-shifts 2 to 3 times during my off week. The recent Covid surge overwhelmed neighboring molecular and specimen processing department. The end result was another round of higher premium overtime.
A 250% premium is akin to making 3.5x my base wage. I would be making more than a pediatrician under normal circumstances. I tend to pick up hours between late night and early morning anyways. So, this would be a great opportunity to add more fiat to my account.
Of course, there's no way I could keep working overtime forever, even if I had a convenient schedule. My coworkers and I reasoned that we could try pushing ourselves until the end of the quarter. After that, we'd most likely choose rest over extra pay.
As I said before, it's an opportunity. The extra incentives from work helped me out a lot when the market hit their lows back in March 2020. They provided extra capital for other ventures. Whether they be more crypto or more tangible goods such as precious metals, it doesn't matter.
I suspect the end of the pandemic is within sight. It's beyond the scope of this post. It also all depends on the policymakers. But, I don't reckon the gravy train will continue much longer. Regardless of the virus, I sense a darker time ahead. So, it might be better to gather as much resources as you can while it's still possible.
Posted Using LeoFinance Beta