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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2
votes
1answer
68 views

What taxes or fees should employer pay to keep an employee's work permit and residence safe in Sweden?

I moved to Sweden few month ago due to an employment agreement with some Swedish company. I moved here with my wife, so we both have the personal number and Swedish id card. Also, I have work permit ...
1
vote
1answer
111 views

Do I lose potential tax benefits by using my employer's tuition assistance program?

Let's say I plan on attending graduate school part-time and that I am currently employed full-time at a company that offers full tuition reimbursement for graduate school with the catch that I must ...
3
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2answers
110 views

HSA - do I have to contribute to my account?

I am on my employer provided HDHP with an HSA and have been for 4 years. I have only contributed to my HSA account for a few months last year. I never go to doctors. Our new H/R person is now ...
1
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1answer
1k views

Previously self employed and unsure how to fill out P46 (UK taxes)

Up until now I have been self-employed this tax year. I am now being employed full time and won't be receiving any other income. I have to fill out a "P46: Employee without a Form P45" (or just known ...
4
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2answers
190 views

Is a “primary residence” the place where you live most of the time?

Suppose Susan works in NYC and rents out a small apartment there. She wants to buy a large house out in Pennsylvania. In order to get the best mortgage and tax rate she needs to claim her Pennsylvania ...
17
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2answers
7k views

I feel I'm not getting paid completely. Do these numbers add up?

This is my following pay statement for a 2-week period: I worked in total 183 hours in a 2 week interval, my questions is why am I getting paid to little for overtime? 183-80(hours of regular)= 103 ...
8
votes
1answer
602 views

Can I live in Spain under a French contract?

Since July, I'm working remotely from Spain for a French company under a French contract. I'm Spanish, I've never lived in France. All of the salary related taxes are payed to the French government. ...
4
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3answers
375 views

Salary expectations without degree

I work in automated materials handling, mainly in high level computer controls. Java applications, oracle databases and such; but also down to mechanical and controllers to a lesser extent. For ...
-1
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1answer
87 views

Can a entrepreneur hire a self-employed business owner?

Let's say that a guy founded a new business he owns, and became CEO of his small company. Can a rich Entrepreneur offer that guy a job?
2
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1answer
6k views

Will I owe money if I claim two allowances on W-4?

Will I most likely owe money during tax season if I claim the first two allowances on the W-4 instead of just the first one? I was filling it out at a new job (14/hr) full-time (40/hrs per week) and ...
0
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2answers
299 views

What types of careers consistently make the most money entering with no background or social skills? [closed]

I am currently searching for an entry-level job with minimal social skills/client interaction required, and out of those jobs, trying to research what kind of position would pay the best as far as ...
2
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3answers
534 views

When should both spouses get benefits from their jobs?

My wife and I get medical, dental, and vision benefits through her job. Generally we've been pretty satisfied with them. Now for the first time, my job is offering health, dental, and vision as well. ...
3
votes
1answer
180 views

Is a signing bonus considered reportable income?

I received a $2,000 bonus for signing a Letter of Intent to sign a contract leasing our farm land to a solar energy developer. The lease ultimately fell through due to technical complications, but I ...
1
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0answers
76 views

If I have a home office and report to a main office, what are the travel expense deduction rules?

I have a sales job where I have a home office and I report to a main company office twice per week. My job is to visit potential clients and visit/support existing clients. When I visit the main ...
1
vote
0answers
953 views

RSU stock vesting after separation from company

I left the company I worked for a month ago. I had a bunch of RSU (restricted stock units) due to vest after my final date of employment. I would have assumed I lose any un-vested stock including ...
4
votes
2answers
245 views

How do I estimate the value of employer-provided job benefits, for comparing compensation?

I'm trying to put a number on the benefits (health insurance, dental insurance, 401k match, etc). that my job provides. I'm looking at a career move and would like a total compensation number for ...
31
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6answers
42k views
5
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1answer
158 views

Where can I look up or set up contribution to a retirement plan from an employer?

In US, is 401K or other retirement plan usually mentioned in an offer letter? If there is no such information in an offer letter, does it mean the employer doesn't provide retirement plan to its ...
2
votes
1answer
205 views

401k age 55 rule question

I just want somebody to clarify this for me. The way I read it is you qualify if you leave your job that you have the 401k in the year that you turn 55. So if I turn 55 on September 1, 2017 but I ...
6
votes
3answers
8k views

Can I add girlfriend to my benefits provided by employer?

I work in a big tech company in the Bay Area, California. It is time to enroll in benefits and I am trying to understand if I can add my girlfriend to my insurance. I have been living together with ...
3
votes
1answer
94 views

UK self-assessment: employed and self-employed with small self-employed income: what to do about class 2 NICs?

My google-fu is failing to find me a straight answer to this one, perhaps because the merging of some NIC payments with self-assessment is relatively recent and there's a lot of old info out there: ...
11
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3answers
5k views

Must a company have a specific number of employees to do an IPO?

I'm interested in a job offering from a company that is going for an IPO (Initial Public Offering) in the next 6 months. It is rumored that once the IPO is done they will lay off a lot of employees ...
0
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1answer
766 views

Working in the US, paid by a foreign company

While studying in the US, I'm going to do some computer based work for a company outside of the US. Will this be considered work in the US?
2
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2answers
13k views

FHA Loan - Less than 2 years employment history

Background: I & the wife are looking to buy a house priced at $250k via an FHA loan. One of the requirements for the loan is that we have a 2 year continuous employment. I have a 1 year gap in ...
0
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1answer
417 views

Being a consultant in the USA

I'm an Italian consultant in the IT field, and I'd like to know what are the differences between being a consultant or an employee in the USA in respect to the same differences in Italy. I've already ...
1
vote
1answer
261 views

How to claim an unemployment benefit?

I'm trying to understand the scenario and answer a question about unemployment benefits. If an employee is in Virginia and his company is in California, from which state will he claim the ...
0
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1answer
1k views

Notice period calculation as an employee in the UK [closed]

As an employee I have a notice period of one week. If I hand in my notice on Wednesday, will my last day at work be the next Wednesday? Or the next Tuesday?
1
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2answers
550 views

W-4 was not updated when moving from part-time to full-time, still showed Tax-Exempt. What happens now?

Background I began at a Company in Maryland, USA as a part-time employee with an expectation of earning a full refund. Since I also received a full refund the previous year, the company HR/Accounting ...
4
votes
1answer
752 views

Double-entry bookkeeping: How to account for non-monetary taxable benefits received from employer?

I'm trying to keep detailed books for my personal finances. One thing I haven't figured out how to represent is various non-monetary taxable benefits that I get at work. For example, a gift or a meal. ...
25
votes
7answers
42k views

Can my employer limit my maximum 401k contribution amount (below the IRS limit)?

I contribute about 13% of my income to my company's 401k, which, at my salary, is well below the IRS limit of $17K/year (in 2012). However, with my raise this year, my benefits department told me that ...
6
votes
4answers
22k views

Should I get a bank account since I recently got my first job?

I'll be starting work this Friday (yay!) and haven't got the slightest clue about any of this. It'll be washing dishes at a restaurant, and I really don't know anything. Do I set up a bank account ...
2
votes
1answer
175 views

Why do companies award stock as opposed to cash?

Why do some companies award stock as opposed to cash? Specifically, I'm speaking about unrestricted stock awards that can be sold immediately or held indefinitely. This is basically a cash award --- ...
4
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2answers
3k views

Can My Employer Charge Me a Fee to Get a Mailed Check Instead of Direct Deposit?

I have preferred to receive paper checks instead of direct deposit, as I find it easier to keep track of. However, my employer has now announced that there will be a (quite large) fee associated with ...
3
votes
1answer
377 views

Does your employer have to hold back taxes on your paycheque?

I've been looking at ways to increase the amount of liquidity that I have on a day-to-day basis, and notice that I have quite a fair amount of my bi-weekly pay cheque going right to taxes that I'm ...
3
votes
2answers
843 views

Can I make modifications to my health coverage enrollments after 30 days after joining my first company?

I recently took up a job in CA (the hustle-bustle place) after completing my PhD. I was on F1 during my studies and now I am on OPT. At the time of my joining, I was given a 30 day window by my ...
0
votes
2answers
410 views

Why is tax being paid on my salary multiple times?

I live in USA. I am working for a small company that has around 35 employees, that is owned by one person (my employer). My employer pays taxes on the income generated by the company, pays my salary,...
9
votes
2answers
3k views

When does it make financial sense to take advantage of employer's tuition reimbursement program?

Many companies offer tuition reimbursement programs. On the surface, these programs are such that qualified employees can enroll in undergraduate / advanced degree programs (or even take individual ...
15
votes
5answers
6k views

How to value a bonus when evaluating a job offer?

If I have two job offers, one for £X and one for £Y + n% performance related bonus where the bonus is only paid annually, how should I compare them? The employer making the offer is being simplistic ...
1
vote
0answers
42 views

How can I find out what pension formula a new prospective employer uses before joining the company

I am considering joining as a permanent employee in Canada Pension Plan Investment Board. But I cannot find the pension calculation formula that they use for their retired employees on the careers ...
0
votes
4answers
1k views

Everyone got a raise to them same amount, lost my higher pay than the newer employees [closed]

Long story short, I work in retail as a part-time employee. I have worked there over two years through college which limits my hours to weekends only during Spring/Fall semesters. I have never ...
2
votes
1answer
213 views

Direct deposit downside

After working at a job for four years as a salaried employee, my employer has offered direct deposit. He says he has to hold a weeks pay in arrears to give time to adjust deposits for those who leave ...
9
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4answers
8k views
2
votes
1answer
745 views

If I register as self employed working freelance in evenings and weekends do I need to inform my full time employer?

I am employed full time and wish to do some freelance work as well, and as I understand it I will need to register to be self employed and fill in a tax return. Yet, would I have to inform my current ...
0
votes
1answer
154 views

Healthcare / FSA: Lost job. Have expenses from earlier an the year that I have not submitted

(Maybe relevant: I'm in Texas.) My position was terminated last week. Yay. I have a little over $12000 in medical expenses for this year, most of which I had not yet gotten around to submitting. (I ...
2
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0answers
191 views

Underwriters refusing to use TheWorkNumber

Earlier this year, an underwriting department informed me they are no longer allowed to accept TheWorkNumber for employment verification purposes on any Fannie Mae Freddie Mac loans because of ...
6
votes
1answer
443 views

Can you change auto-enrollment pension provider? And what happens if you change jobs?

I'm trying to figure out if someone who has been auto-enrolled in a company pension scheme can change their pension provider. I opted out of the pension provided by my company because I couldn't ...
2
votes
3answers
3k views

Should I invest in the pre-IPO company stock offered by my employer?

Should I invest money in the pre-IPO stocks soon to be offered by the company that I work for? Is it wise to do this? What should I be thinking about? What are the risks? I'm one of the first ...
1
vote
1answer
60 views

Moving to a state where my employer has no business set up - implications?

I am moving to Colorado, where my company (based in NY and FL) does not have an office. I will still be employed by them, but working from my home in CO. What are the tax implications for the company?...
3
votes
2answers
251 views

Tax Self Assessment for (UK) Employees

I have a job with a company but rather than paying me through the PAYE system they want me to provide them invoices for my hours and then I am paid directly. I have a couple of questions about this. ...
2
votes
2answers
11k views

Employer is making a student loan payment on my behalf. Does this need to be claimed as personal income?

As an incentive to employment my company is making a large lump sum payment towards my student loan debt, lets for this example say $5,000 (the real amount is different). They have inquired about my ...