Compensation overstated before I took my job

So before I accepted my offer at my current position, I was offered a low base for my job. I really don't wanna get into specifics because who knows who the fuck is reading this. I told my boss before accepting the position that I did not know if I could live on such a low base and survive until I got my bonus. I was told by him that the base was understated and that because of various factors, my base would be 30-40% higher than I was stated in my offer letter.

I went to talk to him about it a couple of weeks, and he said, what's the problem you should be pulling down X amount per month. Well, his X amount is 2 times the amount that I actually get paid. Pretty much told me there is 'nothing he can do' I am having trouble paying my bills.

I moved to take this job, have a car loan, medical bills, rent and student loan payments that are eating me alive. I am typing this on my girlfriends computer because I had to fucking sell mine to pay bills. I am thinking that if shit is happening with my base, whose to say my bonus will be anything more than the peanuts I get paid for a base. I quit a job that was paying me 60% more (in base) to take this fucking job because the group I work for makes money hand over fist. I'm really struggling. Before I took this job, I had savings, a nice line of credit, and could enjoy my life...now, I'm a financial trainwreck.

What would you do? For the record, quitting is not an option, because horrendous income is better than no income. Please don't bother asking for specifics because, it really doesn't matter.

Thanks in advance for the advice monkeys. I've always been a picture of financial stability and just don't know what to do.

 

If your story is completely unbiased, it sounds like your boss lied to you. I'd look into getting an IT friend to anonymously fuck up their computer system in return. That, and run your car keys down the side of your bosses BMW.

 

Thanks VI, I have acquiesced to the fact that this is what I have to do.

My MD knows everyone under the sun, do you think it's conceivable that I apply for a position elsewhere, the group I interview with knows my boss and it gets back to him? I'm kinda worried about that. I don't have a quitting bone in my body....I fucking hate quitting. Even when I have just cause, it's something that I strongly dislike. In this situation I understand that they made a commitment to me, and have not upheld their end of the agreement, so I don't owe it to them to uphold my end. Doesn't make me like it. Damnit.

 
DontSleep:
Thanks VI, I have acquiesced to the fact that this is what I have to do.

My MD knows everyone under the sun, do you think it's conceivable that I apply for a position elsewhere, the group I interview with knows my boss and it gets back to him? I'm kinda worried about that. I don't have a quitting bone in my body....I fucking hate quitting. Even when I have just cause, it's something that I strongly dislike. In this situation I understand that they made a commitment to me, and have not upheld their end of the agreement, so I don't owe it to them to uphold my end. Doesn't make me like it. Damnit.

What city do you live in? Shoot me a PM if you don't want to tell people here. I don't think its possible for your MD to know everyone. Based on your financial situation, its not about you wanting to quit, its about you having to quit.

 
Best Response

He's either a dishonest schmuck or he's an idiot. Either way, he gave you cause to leave by either inadvertently screwing you or screwing you, and folks on the street will agree.

I would leave the firm off of your resume. But if folks ask if it was just that you couldn't get a job, just tell them that you did, that they promised you street, that they aren't paying you street, and that you're leaving. Try to avoid giving the name of the firm until they need to do an employment confirmation. Partly to protect yourself; partly to protect him from embarassment.

Your boss will find out when they do the employment confirmation. At that point, it will be too late for him to screw anything up. Also, if he's a real sleazeball, he might pull your original salary out of his hat at that point. I would recommend just walking away regardless of the offer unless he's offering $500K cash. As in currency, cashier's check, or money order. (A personal check is liable to bounce.)

 
IlliniProgrammer:
He's either a dishonest schmuck or he's an idiot. Either way, he gave you cause to leave by either inadvertently screwing you or screwing you, and folks on the street will agree.

I would leave the firm off of your resume. But if folks ask if it was just that you couldn't get a job, just tell them that you did, that they promised you street, that they aren't paying you street, and that you're leaving. Try to avoid giving the name of the firm until they need to do an employment confirmation. Partly to protect yourself; partly to protect him from embarassment.

Your boss will find out when they do the employment confirmation. At that point, it will be too late for him to screw anything up. Also, if he's a real sleazeball, he might pull your original salary out of his hat at that point. I would recommend just walking away regardless of the offer unless he's offering $500K cash. As in currency, cashier's check, or money order. (A personal check is liable to bounce.)

Thanks Illini. I think that is really sound advice.

I will probably have to divulge the firm at some point as you say because they recently sponsored me to get my 7/66 (which I now have). Either way, every other firm/job I have ever worked for would not hesitate to give me a strong recommendation. When I left my previous job they were really sad to see me go. I think even my current MD might give me a recommendation because I can tell that he felt pretty shitty when I told him what the deal was with my compensation. I know that he at least tried to do something about it, but that it wasn't entirely up to him. I think he is just more of an idiot more than anything.

I don't work in this business because of the salary, I really enjoy the biz, but at the same time, getting paid less than what I was promised, and what I deserve is not acceptable.

Thank you all again for the advice. If I had some money to buy silver bananas, you'd all have received some.

 

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