One of my clients is in an interesting position. His job is costing him money. Quite a bit, actually. He’s in the entertainment industry, and part of what goes along with that culture is attending a lot of parties (some of which require bringing a gift), and a lot of post-wrap events over beer. You get the idea.
Being in the loop is part of his professional currency, so opting out is not really possible. Yet, he’s not high up enough to get a fat expense account. So a lot comes out of his personal bank account.
We’ve come up with ways to minimize the damage (avoid situations where he usually ends up buying a round, using cash to put a limit on what can become an endless night, pulling back a little but not entirely, etc.)
But it’s a tough one.
Readers: Anyone else out there whose job requires you to fork over money of your own, in order to facilitate your professional success? How do you handle it?
Photo credit: emdot. Creative Commons Attribution License