Edward Jones Maternity time?

Mar 26, 2009 6:11 pm

Any female FAs here have children while at EJ?



I’m assuming the standard 6 wk FMLA applies here (correct if I’m wrong). But since you’re 100% commission, how does this work? Do you go without pay for 6 weeks?

Mar 26, 2009 6:22 pm

Newb,

They follow the standard FMLA laws for maternity leave.  I am not sure about pay, but they may place a STL transition rep in your office for the leave, especially if you have no intention of doing work from home (some people choose to).  Don't expect a lot of commissions, though.  They are mostly there to babysit. I think you may be entitled to 30 days "disability" pay from your STD policy (everyone has this). I would jsut call HR and ask.
Mar 26, 2009 6:26 pm

Thanks. I am not an EJ employee yet - still considering the opportunity. My husband & I really want to start a family ASAP, though, and I’m anxious about going through training while pregnant/having a baby so soon into the process. Half of me says I’d be crazy to put myself through it, the other 1/2 says there no “good time” to have a baby & throw caution to the wind . . . .

Mar 26, 2009 6:41 pm

What a nightmare you would go through starting out in THIS business while pregnant and having to take care of a newborn.  This business has like a 90%+ fail rate…and thats with most of us having to eat for one, not have morning sickness and not taking ANY time off.  I can’t imagine where I’d be if I wasn’t able to let loose and go on a drinking binge once every week or two my 1st year.  You won’t have that luxury, and believe me what a luxury it was.  (And still is, some weeks)

Mar 26, 2009 6:46 pm

Okay, see, this is the kind of feedback I need. Anybody else want to weigh in?



Mar 26, 2009 8:43 pm

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Mar 26, 2009 9:24 pm

It might actually be helpful in generating business.  I would hate to turn away a pregnant lady from my door. 

Mar 26, 2009 9:31 pm
Hank Newbie:

It might actually be helpful in generating business. I would hate to turn away a pregnant lady from my door.



Ha ha! I'll be sure tell my husband that. "It will be SO good for my business..."
Mar 26, 2009 9:48 pm

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Mar 26, 2009 10:10 pm

My wife says you’d be crazy. If you haven’t had a child, you have no idea of the demands on your time and energy, especially in that first year. She said you could go back to work after the baby turns 1, but even then only if you have a strong support system (grandparents to provide care, an active father). Her quote: ‘Give child bearing the respect it deserves. It is the hardest thing you will ever do.’


Mar 26, 2009 10:17 pm
NewbieMcNewberson:

Thanks. I am not an EJ employee yet - still considering the opportunity. My husband & I really want to start a family ASAP, though, and I’m anxious about going through training while pregnant/having a baby so soon into the process. Half of me says I’d be crazy to put myself through it, the other 1/2 says there no “good time” to have a baby & throw caution to the wind . . . .



And do what? Leave the 6 week old infant to be raised by someone else while you work 12 hour days? What's the point in having a child or children?
Mar 26, 2009 10:38 pm

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Mar 26, 2009 10:52 pm

"Her quote: ‘Give child bearing the respect it deserves. It is the hardest thing you will ever do.’"

Perfect quote.  This business will still be here (hopefully) when the kid turns 2.  There’s no need to put yourself through the mental anguish that already goes into year #1 as a financial advisor while already walking around w/another human inside your torso.  Your kid will thank you in 20 years when you tell them stories about how you were always there during those first few years.

  Thats not to say you shouldn't get a job.  Go get something that will allow you to work 9-5 and take time off when you need w/out worrying about clients and commissions.
Mar 26, 2009 11:03 pm

All kidding aside, I have to agree with the other posters.  I know you shouldn’t divulge personal information in places like these, but here is my .02 cents.  My wife is a hard driven professional, we have lost to pregnancies to miscarriage and now cannot have any kids without adoption.  I know you can’t blame it on one thing or another, but it is always in the back of my mind that if she had only slowed down…Sad as it is to say, I put the fact that I wouldn’t be raising kids in the plus column when I decided to make the jump to this biz.

Mar 26, 2009 11:44 pm

Some very good feedback here.  I’ll add something that many have said before…an excellent prep job to go into this field is a 100% commission sales job.  Learn how to sell and then when junior (and siblings?) go off to kindergarten and you’re 30+, come back and take a run at investment advisor.  I think your chances of success will be muuuuuuch better at that point.  Sure…it can be done, but why take the hard(er) road?

Mar 27, 2009 1:11 am

Newb,

If you are doing this just to have a job because you need it while you have kids, DON'T DO IT.  You will work WAAAY too hard for far too little money in the early years.  And what unfortunately happens most of the time (woman, man, kids, no kids) is that you either get fired or don't make it, so end up basically living through the worst part of this career for the least amount of pay.  If you need to work, depending on the situation, do something in sales or in a support role at a brokerage firm.  Both will pay you stable income and give you some exposure either to this field or the life of sales.   There is just way too much personal/professional/family/financial committment to get into this business halfway.  If you have ANY doubts, don't do it.
Mar 27, 2009 2:37 am

Don't let it stop you. Women are really needed in this business.

   
Mar 27, 2009 3:27 am

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Mar 27, 2009 9:11 am
wind3574:

I’d agree with Takingnames. If its just a job that you wanna try out…spend it with your kiddo…If you really really want this…do it…You can balance family life…I do…and like I said before…Theres a girl who did it here and she blew the doors off it…I’m sure her kid would be more happy about the Div trips and living comfortably…than having to be at daycare… I have a little one too and I’m starting out…(Of course I am not pregnant!) It’s a hard one…put them in daycare when they are young…or miss the first few school years…But don’t let anyone fool ya…You can be very successful AND be a good parent…You’ll work hard but you wont disappear



Wind, I've stayed above the fray, but there's something I've got to interject at this point. Please stop giving advice on success...you're a LONG way from being successful. I wish you the best, but a couple of good months, particularly when starting out as you are, is a far cry from making it big in this league.
Mar 27, 2009 9:22 am

“You can be very successful AND be a good parent…You’ll work hard but you wont disappear”

  This is true only if you believe that dropping the kids off at day care or missing the first few school years qualifies as being a good parent.   Do you really believe that kids care more about div trips and living comfortably than spending time with their mom? 
Mar 27, 2009 11:16 am

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Mar 27, 2009 11:28 am

Thanks for all the great feedback. To bring some light to the situation w/out giving out too much:

- I’m not pursuing EJ “on a whim” or just to try it out; it’s something I’ve thought about for years. I have some relatives with the company (male) and there’s a good chance I could take over an office if I decide to move forward right now.

-My husband stays at home. No 12 hour daycare days here. In addition, I have a lot of family support

-We have mortgage, which gives us a little cushion while things get going.



Anyways, good points to think about.

Mar 27, 2009 11:53 am

Can you do it, yes.  Should you do it, no.   … but let’s face it, you have your mind already made up.  Just tell us how it goes!

Mar 27, 2009 12:36 pm

various and numerous health clubs and fitness membership organizations across all parts of the world are now offering yoga

tutorials, sessions and exercises.

It is to be noted that the enrollees for such tutorials and classes are rising very rapidly nowadays. But because there are

more people who do not have the luxury of time to spend freely on tutorials, it is imperative that yoga be offered through

different venues and portal.

To cater to the numerous people who are too busy at work and only find a little time after office hours to spare for such

relaxing tasks and exercise, there are a number of Web sites now that offer retreat

yoga tutorials and classes online.

Online yoga sites are so helpful and have been greatly patronized and visited. That is because some people are almost always

too busy at work during daytime and cannot really rush to their gyms after work hours.

Thanks
JSR Solution

Mar 27, 2009 12:36 pm

[quote=NewbieMcNewberson]Thanks for all the great feedback. To bring some light to the situation w/out giving out too much:

- I’m not pursuing EJ “on a whim” or just to try it out; it’s something I’ve thought about for years. I have some relatives with the company (male) and there’s a good chance I could take over an office if I decide to move forward right now.

-My husband stays at home. No 12 hour daycare days here. In addition, I have a lot of family support

-We have mortgage, which gives us a little cushion while things get going.



Anyways, good points to think about.

[/quote]

That sounds like a better situation, especially with your husband watching the homefront. … If you want, PM me and I’ll give you the name of a female GA in the Jones home office who can set you up with women FAs who were in your situation and can give you some advice.



Mar 27, 2009 1:00 pm

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Mar 27, 2009 1:28 pm

The flip side of all of the talk about the long hours and not being available (while definitely true), is that few other companies allow you to make your own schedule like Jones does. I am a relatively new guy that knows nothing about pregnancy, but if you:

  A) Are interested in the business B) Have an adequate support system C) Insist on starting sooner rather than later   ...then it may be a good fit.  I wouldn't factor the opportunity to take over an office into your decision. If you aren't willing to start from scratch, I wouldn't take the plunge. 
Mar 27, 2009 2:05 pm

[quote=SometimesNowhere]The flip side of all of the talk about the long hours and not being available (while definitely true), is that few other companies allow you to make your own schedule like Jones does. I am a relatively new guy that knows nothing about pregnancy, but if you:

  A) Are interested in the business B) Have an adequate support system C) Insist on starting sooner rather than later   ...then it may be a good fit.  I wouldn't factor the opportunity to take over an office into your decision. If you aren't willing to start from scratch, I wouldn't take the plunge.  [/quote]   Would you clarify what you mean by this.    Are you saying that starting from scratch is preferred over taking over an office?    McNewbie:  We obviously don't know enough about your situation to make an adequate recommendation.  Kind of like the guy that comes in and says what do you recommend I do with my money.  More information is needed before we can give an appropriate answer.  I wouldn't divulge that on these boards.  I will say from what little we do know you might be better able to handle the situation than most.  If your husband can stay at home with the child then that is huge.  If you will live and work in the same community that is huge.  The thing that this job does offer is flexibility, work nights, work weekends, schedule your appointments around important family events.  When you're in the office work.  You will have to work your a** off even if you have the luxury of taking over an office, the bigger the better!  The thing that nobody gets when they are getting ready to start is that this is VERY hard to be successful in.  People tell you that and you hear it but you have no idea!  Kind of like child birth. 
Mar 27, 2009 2:20 pm
SometimesNowhere:

The flip side of all of the talk about the long hours and not being available (while definitely true), is that few other companies allow you to make your own schedule like Jones does.

  Talk about schedule flexibility all you want, but you're putting in 60 hour weeks regardless.  Whether its from 11am-9pm, or 5pm-4am you will be working LONNGGG weeks.  You mention you are still relatively new which means there's probably a bright red cherry kool-aid stain above your top lip, but when it comes to pregnancy and taking care of a newborn (This situation is obviously different since the husband will be staying at home) I bet most mothers would prefer a consistent 9-5, 40 hr a week job over a choose-your-own-hours 60 hour week.
Mar 27, 2009 3:05 pm

I’m suprised that nobobdy actually answered her question about what does Jones do. 

  Newb - FMLA does kick in with Jones.  They won't put a Transitional Rep in your office if you're new.  Mostly because you won't have an office.  Now, if you were to take over a book of say $40 million, then they might.  You're pay is going to be based on several different things, but in essence they'll come up with a fair, but albeit low paycheck for you.  They'll also make you exempt from any of the performance measures so that you don't go lose your job due to lack of performance while on maternity leave.  They really are flexible with it.  Other than the difficulty of being pregnant (not that I've ever personally experienced it) while trying to work, I think it would be OK if you wanted to move forward.  Especially if you have relatives in the biz who would be willing to do a Goodknight program with you.  I wouldn't let pregnancy stand in the way of starting.  It's going to be difficult no matter when you do it.  I think starting with a newborn is much easier than starting with a 4 year old.  Newborns eat, sleep, and poop.   4 year olds eat, play, talk incessently, run around, get in trouble, color on the walls, interrupt meetings...   Then when they get in school you've got a whole new set of responsibilities there.  BTW, your newborn won't remember if you're gone for 10 hours a day.  Your 5 year old will.    I say go for it.
Mar 27, 2009 4:25 pm

[quote=Spaceman Spiff]I’m suprised that nobobdy actually answered her question about what does Jones do. 

  Newb - FMLA does kick in with Jones.  They won't put a Transitional Rep in your office if you're new.  Mostly because you won't have an office.  Now, if you were to take over a book of say $40 million, then they might.  You're pay is going to be based on several different things, but in essence they'll come up with a fair, but albeit low paycheck for you.  They'll also make you exempt from any of the performance measures so that you don't go lose your job due to lack of performance while on maternity leave.  They really are flexible with it.  Other than the difficulty of being pregnant (not that I've ever personally experienced it) while trying to work, I think it would be OK if you wanted to move forward.  Especially if you have relatives in the biz who would be willing to do a Goodknight program with you.  I wouldn't let pregnancy stand in the way of starting.  It's going to be difficult no matter when you do it.  I think starting with a newborn is much easier than starting with a 4 year old.  Newborns eat, sleep, and poop.   4 year olds eat, play, talk incessently, run around, get in trouble, color on the walls, interrupt meetings...   Then when they get in school you've got a whole new set of responsibilities there.  BTW, your newborn won't remember if you're gone for 10 hours a day.  Your 5 year old will.    I say go for it. [/quote]   In context, I have to agree with Spiff.  Life only gives you so many opportunities at success.  Please just remember to take it easy if so ordered or even suggested by your OBGYN.  I still believe it will give you an unfair advantage with the door knocking!!
Mar 27, 2009 4:37 pm

[quote=Spaceman Spiff]I’m suprised that nobobdy actually answered her question about what does Jones do. 

  Newb - FMLA does kick in with Jones.  They won't put a Transitional Rep in your office if you're new.  Mostly because you won't have an office.  Now, if you were to take over a book of say $40 million, then they might.  You're pay is going to be based on several different things, but in essence they'll come up with a fair, but albeit low paycheck for you.  They'll also make you exempt from any of the performance measures so that you don't go lose your job due to lack of performance while on maternity leave.  They really are flexible with it.  Other than the difficulty of being pregnant (not that I've ever personally experienced it) while trying to work, I think it would be OK if you wanted to move forward.  Especially if you have relatives in the biz who would be willing to do a Goodknight program with you.  I wouldn't let pregnancy stand in the way of starting.  It's going to be difficult no matter when you do it.  I think starting with a newborn is much easier than starting with a 4 year old.  Newborns eat, sleep, and poop.   4 year olds eat, play, talk incessently, run around, get in trouble, color on the walls, interrupt meetings...   Then when they get in school you've got a whole new set of responsibilities there.  BTW, your newborn won't remember if you're gone for 10 hours a day.  Your 5 year old will.    I say go for it. [/quote]   That's funnier than sh*t right there, but Spiff don't underestimate the importance of bonding with your child at a very, very early age. 
Mar 27, 2009 4:45 pm

[quote=jkl1v1n6][quote=Spaceman Spiff]I’m suprised that nobobdy actually answered her question about what does Jones do. 

  Newb - FMLA does kick in with Jones.  They won't put a Transitional Rep in your office if you're new.  Mostly because you won't have an office.  Now, if you were to take over a book of say $40 million, then they might.  You're pay is going to be based on several different things, but in essence they'll come up with a fair, but albeit low paycheck for you.  They'll also make you exempt from any of the performance measures so that you don't go lose your job due to lack of performance while on maternity leave.  They really are flexible with it.  Other than the difficulty of being pregnant (not that I've ever personally experienced it) while trying to work, I think it would be OK if you wanted to move forward.  Especially if you have relatives in the biz who would be willing to do a Goodknight program with you.  I wouldn't let pregnancy stand in the way of starting.  It's going to be difficult no matter when you do it.  I think starting with a newborn is much easier than starting with a 4 year old.  Newborns eat, sleep, and poop.   4 year olds eat, play, talk incessently, run around, get in trouble, color on the walls, interrupt meetings...   Then when they get in school you've got a whole new set of responsibilities there.  BTW, your newborn won't remember if you're gone for 10 hours a day.  Your 5 year old will.    I say go for it. [/quote]   That's funnier than sh*t right there, but Spiff don't underestimate the importance of bonding with your child at a very, very early age.  [/quote]   She could carry the kid around in one of those reverse backpack harness thingies.  Bonding, good workout, and instantly turn cold knocking into warm knocking all in one!!
Mar 27, 2009 5:58 pm

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Mar 27, 2009 6:23 pm
Spaceman Spiff:

Newborns eat, sleep, and poop.   4 year olds eat, play, talk incessently, run around, get in trouble, color on the walls, interrupt meetings…

  You've obviously never had to run a meeting while a client breastfeeds 2 feet from your face.
Mar 27, 2009 6:27 pm
3rdyrp2:

[quote=Spaceman Spiff]Newborns eat, sleep, and poop.   4 year olds eat, play, talk incessently, run around, get in trouble, color on the walls, interrupt meetings…

  You've obviously never had to run a meeting while a client breastfeeds 2 feet from your face.[/quote]   Was she hot?  That's like a freebie!  How do you keep eye contact?
Mar 27, 2009 7:40 pm

Spaceman - thanks for addressing my question



Everybody else - thanks for the feedback. Should be an interesting ride. If the baby fever takes over and we do decide to just go for it, I’ll keep you updated. But I think you’ve all sufficiently scared me to perhaps wait it out for at least a few months into the position. (Would I rather be puking at KYC, or Eval Grad?) Kind of a toss up. No pun intended.

Mar 27, 2009 8:11 pm
jkl1v1n6:

[quote=3rdyrp2][quote=Spaceman Spiff]Newborns eat, sleep, and poop.   4 year olds eat, play, talk incessently, run around, get in trouble, color on the walls, interrupt meetings…

  You've obviously never had to run a meeting while a client breastfeeds 2 feet from your face.[/quote]   Was she hot?  That's like a freebie!  How do you keep eye contact?[/quote]   It was a repressed memory that I had hoped to never speak about again, until I saw this thread.  The hot ones never make it that public
Mar 28, 2009 12:29 am

“And anoymous…Some people have to work…Just because my wife and I both have to work to afford to live and we have to put our child in daycare to do it…doesn’t make us bad parents…and sure as hell doesn’t mean were not good one’s either…I’m an excellent father…and i’m still kicking butt…”

  Sorry, but I'm not buying it.  Some people do have to work.  However, in most situations, two people are working because it's a lifestyle choice and not a necessity.    The second income is usually going to a combination of day care expenses and "stuff".   By the way, I did not say that putting your kid in daycare made you a bad parent.  I said that it makes you a good parent if you believe that it makes you a good parent.  Parents have to make the decision as to what is best for their own family.   There was no way that my kids were going to daycare.  However, that was my personal choice and I'm not saying that others should make that same choice.  I do think that those who believe that they don't have a choice in the matter are usually wrong. 
Mar 28, 2009 4:12 am

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Mar 28, 2009 6:35 am

Wind, let me quote myself, “Sorry, but I’m not buying it.  Some people do have to work.  However, in most situations, two people are working because it’s a lifestyle choice and not a necessity.”

  Why are you so defensive?  Notice that I didn't write, "...In Wind's situations..."   How was I to know that you knocked up a chick before you could afford to take care of her?
Mar 28, 2009 1:43 pm

You have to be careful with Windy, if you are not 100% positive and pat him on the head, he gets all pissed.  I wonder if Windy is a little fella, seems to have a bit of a Napoleon Complex.

Mar 28, 2009 3:07 pm

Ah but Sam, you seem to have forgotten that these boards were established to celebrate the glory of all that is Windy! Remember…it’s ALL about Windy!

Mar 28, 2009 3:20 pm

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Mar 28, 2009 6:03 pm

[quote=wind3574] I’ll be damned though If i can’t post one thing on this forum without someone attacking it…even if its positive…thats a shame



And anonymous…“the knock up” thing…childish man…really childish…Hope that makes you feel better about yourself…surely your a better person than that…but maybe not…



Just ignore my posts…Because i’m not responding to this negative nonsense anymore… argue amongst yourselves and waste your own time…[/quote]



Darned tootin’!

After becoming the world’s most successful sage and broker in two months, you’ve got far better things to do with your time.

Mar 29, 2009 11:24 am

"And anonymous…“the knock up” thing…childish man…really childish…Hope that makes you feel better about yourself…surely your a better person than that…but maybe not… "

  I've knocked up my chick plenty of times.   The only difference is that I made sure that I wasn't childish and I could handle my responsibilities of supporting my family.    It's not ok for me to not be able to financially support my family.   You sound like its ok for you if can't support your family.      Before you even attempt to put up any sort of argument, look at your own insurance situation.  Do you have enough life insurance so that if died today, your family can live the way that you dream that they will?  Do you have as much disability coverage as is possible?    
Mar 29, 2009 11:50 am

[quote=anonymous] "And anonymous…“the knock up” thing…childish man…really childish…Hope that makes you feel better about yourself…surely your a better person than that…but maybe not… "



I’ve knocked up my chick plenty of times. The only difference is that I made sure that I wasn’t childish and I could handle my responsibilities of supporting my family.    It’s not ok for me to not be able to financially support my family. You sound like its ok for you if can’t support your family.    



Before you even attempt to put up any sort of argument, look at your own insurance situation. Do you have enough life insurance so that if died today, your family can live the way that you dream that they will? Do you have as much disability coverage as is possible?



[/quote]



No worries, Anon! A big hot-shot like wind can go out, knock on three or four doors and pick up several billion to manage. Then tell everyone that if you work as hard as he does, you can make the big time in a month or two.











Mar 29, 2009 2:40 pm

I’m just joining this discussion.  The most annoying aspect of this thread is wind’s constant use of ellipses.  There is no need to add (…) in every sentence. 

  That is all.  Carry on.
Mar 29, 2009 2:59 pm

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Mar 29, 2009 4:14 pm
wind3574:

Noone said I couldn’t support and take care of my family properly now or at my death…asshole…end of conversation



Wind, 'Noone' is a proper name, such as Peter Noone of Herman's Hermits. I think you wanted to say 'No one'.

As to your final statement, it may or may not be the end of the conversation. You're stating that you won't participate in it any more...superfluous information actually, as you said in an earlier post that you were done with this thread.

I guess not though.
Mar 29, 2009 5:46 pm
wind3574:

Noone said I couldn’t support and take care of my family properly now or at my death…asshole…end of conversation

  Wind, you are the one who said that you can't properly take care of your family.  Let's quote you, "Now that i am doing fairly well...she can slow down some."  Unless my reading comprehension is in the toilet, this means that you need her to keep working, but not quite as much.  Did these words mean something else?   Again, why are you so defensive?  I didn't say that you couldn't support your family if you died.  I asked whether you could support them if you died.    It's tough to not notice that in your profane response, you were able to be critical, but deftly avoided the answer.    
Mar 30, 2009 11:13 pm

Okay…to get a grasp of the question. Apply for a job , get pregnant whilst training , pass training take maternity leave and get ready to fire up your business.

From my own perspective , it could be done, but how much are you willing to sacrifice? I have considerable years in the Industry and still work long hours. That is my choice , I suppose , but starting a new family and working 50 plus hours a week , on commission , no Book of Business and dealing with a newborn. Best of luck ...you will need it.
Mar 31, 2009 4:14 pm

[quote=jkl1v1n6][quote=SometimesNowhere]The flip side of all of the talk about the long hours and not being available (while definitely true), is that few other companies allow you to make your own schedule like Jones does. I am a relatively new guy that knows nothing about pregnancy, but if you:

  A) Are interested in the business B) Have an adequate support system C) Insist on starting sooner rather than later   ...then it may be a good fit.  I wouldn't factor the opportunity to take over an office into your decision. If you aren't willing to start from scratch, I wouldn't take the plunge. [/quote]   Would you clarify what you mean by this.    Are you saying that starting from scratch is preferred over taking over an office?  [/quote]   I should have been more clear. Taking over an office is a huge advantage. I am just saying unless there was an explicit offer on the table, I would count it as a factor. The way she framed it, it was a 'maybe at some point down the road' kind of deal.   Also, when I started I took over an office, and I certainly don't work any less than any of my new colleagues. It just gave me the advantage of being more credible. However, I could stagger my work time to fit my family needs, rather than having a manager telling me that I needed to be in from xam to xpm.