Questions tagged [employment]

to be used for any presonal finance question related to employment. Related tags are "Self-employment, unemployment, employment-law

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Employer ran credit check without consent [migrated]

I’ve just started a new job as a cleaner and recieved an email from them regarding the credit check they carried out. I was never told this was going to happen or why they would need to. Does anyone ...
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0 answers
22 views

When and how to fill out form for supplying own work tools

I recently started a new job as an employee. The agreement was that I would provide my own tools. I was recently asked to fill out a Declaration of Condition of Employment Form (not the one related to ...
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4 votes
3 answers
887 views

What is the difference between a 401k rollover vs IRA?

I have a Fidelity account for my older company's 401k plan which will expire soon. They told me if I don't do anything, it will convert into an IRA automatically. Alternatively I can make a rollover ...
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1 vote
1 answer
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Going from self employment to being an employee

Is there a way to determine what my take home pay needs to be in order to start working for a company, whether it is hourly or salary? I am located in NW WA state and have been self employed since ...
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0 votes
1 answer
98 views

Can you require an employer to give you a minimal period contract? [closed]

If you decide to switch job, can you require an employer to guarantee that you will be able to work for them for 1 year at least without being able to get fired after a trial period? I am asking, ...
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1 vote
1 answer
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How is UK statutory redundancy pay affected by a switch to part time?

I know that UK redundancy pay is based on a week's pay for each full year worked, with some adjustment for age which we can ignore. There are also various caps and minimum periods to ignore. But ...
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2 votes
2 answers
191 views

Reduce salary in exchange for higher employer 401k contribution?

Would it be in my interest (assuming my employer agrees) to reduce my salary by x amount in exchange for an increase in employer 401k contribution for x amount? For example if I make $150,000/yr and ...
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0 votes
1 answer
65 views

US Political Contributions Disclosure Form

I've been told I have to fill out a form for political contributions by my employer (a financial services firm). I googled it, and came up with Form 8872, but that looks like a form for organizations, ...
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2 answers
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What does income inclusive or exclusive of super mean?

In Australia when a job add says the income is inclusive or exclusive of super what does that mean? e.g. What is the difference between a job that says 55K inclusive of super vs 55K exclusive of ...
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3 votes
1 answer
283 views

I am on H1B and My Ex-employer is sending me letters about money I OWE them

My employer is asking me to pay owed money back, which is around 25,000$. I was working for them for about 3 years on H1B visa. as per salary commission structure, I did not make enough money to ...
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1 vote
1 answer
88 views

Lost my job, is it better to apply for EI or CRB?

I was recently terminated without cause. Is it better to apply for EI, CRB or something else? The work I had been doing before COVID still hasn't returned yet. I had been working in retail for the ...
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3 votes
1 answer
138 views

Changing "Tax Deduction at Source" to "Zero" - How to request your employer not to hold your taxes?

In Canada/Ontario, in both cases of permanent and contract employment, is it possible that I request my employer that they pay me my full before-tax salary and I pay the tax at the end of the year ...
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1 vote
1 answer
716 views

Filling out HMRC starter checklist while being self-employed

I'm self employed and starting a full time job soon. When I'm filling out the HMRC starter checklist, do I select option A, B, or C, considering I'll be continuing some of my freelance work? *A – This ...
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0 answers
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In which situations can a participant of an Employee Stock Purchase Plan (ESPP) receive an "ESPP refund"?

I believe one reason to receive an ESPP refund is if the ESPP doesn't allow participants to purchase fractional shares and assuming that the ESPP contribution was not a multiple of the stock price. Is ...
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0 votes
1 answer
98 views

Employment Insurance (EI): Total Insurable Earnings vs Weeks of Entitlement

If one's Regular Weeks Entitlement for the EI is 50 weeks, but the Total Insurable Earnings amount is about $15,000 then does this mean that the EI payments would stop once the $15,000 has been paid ...
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12 votes
2 answers
750 views

How do I know if I am a Highly Compensated Employee?

Does my employer inform me whether or not I am a highly compensated employee? If not, how do I find out, other than getting money refunded at the end of year if my company was over their 401k HCE ...
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8 votes
2 answers
226 views

*Remote* internship for a UK company as a Spanish resident — they want me to go to the UK?

Background My permanent residence is in (mainland) Spain I'm studying at a university in the UK (specifically, Scotland) At the start of this academic year (September 2020), I moved to the UK for ...
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0 votes
3 answers
284 views

My company is being acquired, pay?

Recently, I was informed by my employer, our start up company is being acquired by a larger firm. I have been asked to exercise my shares, which I have. The only question I have is regarding pay ...
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1 vote
0 answers
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how does the taxation works if contract is from Spain and you are working in Germany

I am a resident in Germany and will have a contract from Spain. My work location will still be in Germany. Which country should I pay my taxes? How can this be arranged by payroll?
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22 votes
6 answers
6k views

Is it legal for a minor to be hired by a college to take notes for students with accessibility difficulties?

I'm enrolled in a local community college as a dual-credit student (basically that means I can complete high school courses in college to get a college degree and high school diploma simultaneously), ...
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2 votes
0 answers
94 views

What will I lose if US employer switches me to working for a foreign company?

I'm a dual citizen having grown up in the US, but working and residing outside of US for 20 years. I have worked for my US-based employer for 10 years during which time I've been paid in the US with ...
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-4 votes
2 answers
854 views

How do I get a seat on the board of directors?

I am currently unemployed, but I own a few shares of a public company. Could I use my shares to get a seat on the board of directors? I don't mind sitting in board meetings. This will give me a real ...
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3 votes
2 answers
3k views

If you change to a new employer, does dental lifetime maximum reset?

Suppose that you have a lifetime maximum with Provider A at Employer A. You use your $1500 lifetime maximum for major work. Then you get a new job. Then you want to do more major work. You get an ...
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3 votes
4 answers
1k views

401(k) opt out Company matched funds allocated

Based on the current volatile climate unfavorably forecasting the future of brick and mortar retail stores facing continued lost revenue, the unprecedented growth of eCommerce, and to further damper ...
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0 votes
1 answer
55 views

liquidation preference and other loop holes when joining startups who offer equity

There are lots of startups that want to provide equity in exchange for labor rather than a salary or a combination of both. Reading online it seems there are a ton of loopholes where I may not get ...
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1 vote
2 answers
372 views

Equivalence yearly salary (perm) and daily PAYE (contract) in UK

I have a permanent role in UK that pays £130,000 base salary plus a car allowance of about £6,900. I also receive a bonus (£20,000 per year). Finally my company contributes 10% to my pension plan,I ...
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1 vote
1 answer
102 views

If an employee works from outside California but is declared by the company as working in CA, from how many days outside CA does it become an issue?

US companies need to know the location of their employees for tax and benefit purposes, while some US and non-US companies manage to allow some of/all their employees to work remotely. Assume that the ...
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30 votes
2 answers
8k views

Is being asked to pay for business supplies via Bitcoin an employment scam?

I applied online for a job, but my profile does not involve my qualifications, only my age and my name. The next day an email was sent to me by a company based in Florida. I was hesitant at first to ...
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16 votes
2 answers
4k views

How do some companies allow some of/all their employees to work remotely from a tax standpoint?

I sometimes see job offers that allow employees to work remotely anywhere in the world. However, reading answers on Why does a US company need to know the location of their employees for tax purposes?,...
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26 votes
3 answers
8k views

Why does a US company need to know the location of their employees for tax purposes?

I read in the news (mirror): [Facebook] would take a more “measured approach” with existing employees based on job function and past performance, he said, and set a January 1, 2021 deadline for ...
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0 votes
1 answer
70 views

Holiday deductions on leaving job

Background I'm based in the UK and I am working my final week before I start my new job in a different organisation. I am in deficit of 14 days holiday and I've just received my final payslip. I ...
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0 votes
1 answer
3k views

Where to put name suffix on I-9 Form or any form which doesn't have a specific box for it

Where would I put a name suffix on an I9 form or any form that doesn't have a specific box for a name suffix? On this form I only see fields for Last Name, First Name, Middle Initial and Other Last ...
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1 vote
0 answers
50 views

Can I legally work online for a Canadian company, as a Canadian citizen living in the US?

I am a Canadian citizen living in the United States. I do not have a visa to work here, I am here on an H4 visa, which is the spouse visa for my husband's H4 work visa. I would like to be able to ...
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3 votes
1 answer
494 views

Is this Employer trying to scam me

I have just interviewed with a company on indeed. The website looked very legit. I emailed the employer and he eventually scheduled me for an interview. The red flags I noticed were: He never got ...
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0 votes
5 answers
510 views

When and how would a company make money by taking $1 out of my paycheck and donating it to charity?

In the US as I understand it, there are corporate tax deductions for charitable giving. For this or any other reason, would a company with large salary expenditures and positive profits (sometimes) ...
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6 votes
8 answers
962 views

Why is it ever a good idea to found a company?

I have a side project with a few friends that's gradually getting more serious. We're nearly at the stage where we'll be taking some early clients, which is really exciting after about a year of ...
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3 votes
1 answer
315 views

How to answer "Are you permanent employee?" when applying for mortgage as an apprentice

I've been looking into getting a mortgage with my partner recently. We had a conversation with the bank yesterday asking all the standard questions (How much do you earn?, Monthly outgoing, etc..). ...
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0 votes
1 answer
298 views

HMRC Starter Checklist - Employee Statement

I am going on placement next year and I have to fill out the HRMC Starter checklist form. I worked part time (only two shifts) and the pay I received was not taxed. Does that mean I select statement A ...
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2 votes
1 answer
194 views

Company cash going through my personal bank account

I work for a franchise, our clinic is located in one state and our administrative offices in another. I am required to do the accounting for our office. I have a credit card machine which processes ...
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3 votes
1 answer
145 views

HSA over-contribution if I lose my job part way through the year

My employer provides my health insurance as part of my compensation and benefits package. It is a qualifying HDHP and as such every year I generally max out my HSA, either through payroll deductions ...
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56 votes
5 answers
16k views

How can I sell my shares in a privately-owned company I used to be employed by?

Basically, I was a software developer at a company and I was issued some stock options early on, before the company grew significantly. The company then hired a CEO who pledged to take the company ...
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1 vote
0 answers
123 views

where to fill tax deduction for legal fee related to "related to doing or keeping your job" in form 529?

I filed for extension in april because i didn't have this information but need to file by Oct 15th. I paid around 750 dollars last year to consult lawyers regarding a threatening letter from a former ...
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1 vote
3 answers
3k views

Does Dependent Care FSA limit reset if I change jobs?

Let's say I have contributed and used $5,000 in 2018 for my dependent care FSA. Late in the year, I get a new job. Can I contribute to the new account for 2018? According to Zenefit, the healthcare ...
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3 votes
1 answer
59 views

How are Canada Pension Plan payroll deductions paid by both employee and the company?

I am thinking on moving to Canada but I want to calculate what my salary would be after taxes. I am using the tax calculator at https://simpletax.ca/calculator but there's still one thing I can't wrap ...
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45 votes
8 answers
21k views

Employer asking for online access to bank account - Is this a scam?

I just recently got a freelance job as a virtual assistant. The employer I have looks like a reputable person with his own agency and everything. I'm new to it, so he asked for my bank account number, ...
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79 votes
8 answers
24k views

Company stopped paying my salary. What are my options?

UPDATE 4: I'd be remiss if I didn't update this post with the outcome: I was able to recover about 1.5x lost wages (after employment attorney fees). The advice below I followed included: (1) finding ...
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2 votes
1 answer
147 views

Can one deduct lawyer consult fee less than $1000 for ex-employer's threat letter related to confidentiality in 2018 taxes?

Someone I know paid around $1000 last year to consult lawyers regarding a threatening letter from a former employer related to company confidential information where they threatened lawsuit and ...
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2 votes
4 answers
801 views

Former employer deposited money in my 401K by accident

Former employer put about $3K in my 401K after I had left the company for 1 year. A year later they discovered it and are asking for the money back. Do I legally owe this to them?
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1 vote
2 answers
10k views

Still enrolled in Medicaid after starting new job

I just started a new job and I am still enrolled in Medicaid officially. Can I still use Medicaid until my new company sponsored health insurance kicks in?
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0 votes
0 answers
25 views

what IRS form do you fill out for multi-year disability payments?

I received a multi-year disability payment from OPM relating to a whistleblower case, and they're saying that I recieved about 75000 for being a disabled federal employee, when it's 5 years of ...
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