Questions tagged [salary]

Questions related to periodic income earned through employment, especially in predefined amounts such as might be stipulated in a contract. This tag should be used in contrast to questions about wages, which are typically earned at a defined *rate* per time period rather than in defined total amounts.

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26 views

What is the best option to invest Rs 7 lakhs [closed]

I have no idea about businesses and investment. Suppose that I have Rs 7, 00,000.00 in hand, how should I invest it in context of India for maximum return. I am around 34 and a government employee ...
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1answer
82 views

Potential job offer where I would have to buy a car to use. How to calculate if it's worth it?

I am expecting a job offer for what is basically a delivery driver position. I would be using my own vehicle. There had been talk about getting reimbursed for mileage but now it's going to be a flat ...
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2answers
212 views

How can I calculate which country has the best wage to living expense ratio?

Suppose, I have the following data in my hand: PPP Index Cost Index Monthly income tax rate living expense etc. How can I calculate which country has the best wage to living expense ratio?
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3answers
129 views

Salary after all restricted stock units have been vested

I am a German and got a job offer from a US company. This is the first time a company offers me a salary and restricted stock units (RSU). German companies usually do not grant RSU for non-senior ...
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1answer
64 views

To receive payments from a US company, do you need to start a LLC/PVT in India?

A person, let's say "X" got an offer from a US company as a Consultant. X lives in India. To receive payments from US company, does X need to start a LLC/PVT in India? How can X receive ...
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0answers
117 views

Can Salary sacrifice be used for Environmental projects

I am looking into my company's response to sustainability demands. Amongst many other ideas, it was suggested that the company help with funding employees' environmental projects. These could range ...
3
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1answer
105 views

Rough estimate of salary as freelancer equivalent to permanent [closed]

I have always worked as a permanent employee, but with so many companies working fully remote I am considering switching jobs. The thing is that most of the companies I am looking at are based in ...
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0answers
35 views

My HRA limit is 20000 per month. Can I use it for a total of only six months instead of 12 months (40000 per month x 6)?

I am from India and a Monthly salaried IT employee. My question is "My HRA limit is 20000 per month. Can I use it for a total of only six months instead of 12 months (40000 per month x 6)?". ...
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1answer
56 views

How do I merge deposits to Checking/Savings into a split transaction for Salary in GnuCash?

I just started using GnuCash for personal use and am just as new to accounting, other than some college courses decades ago. I am able to import Checking and Savings transactions from my credit union (...
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1answer
58 views

Price adjustment in 4-6 year contract

I am from Latin America, I have recently formed a software factory. I am about to make my first important contract with a European company and I need to make a projection of the variation of salaries ...
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0answers
51 views

Help on calculating national insurance obligations as a director of a UK based limited company

For the Jan 2020 to Jan 2021 I was working and being paid in the US. All tax etc. was paid in the US. I came back to the UK and started a business - a limited company where I am director and only ...
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6answers
7k views

Are there any downsides to having a bigger salary rather than a bonus?

My company has consistently given out bonuses for the past few years and the bonuses have been gradually rising each year. Currently the bonuses are around 15-20% of my annual salary. I spoke to my ...
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0answers
65 views

Is personal allowance used up by being paid in America?

I have just started a limited company in the uk and I’ve been contracting my services since jan 1st 2021. Previously I was being paid by an American company. All tax etc. was done in America and I was ...
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2answers
138 views

To the employer, is equity more or less expensive than payroll?

I work for a company that compensates employees with low base salary and a bit higher than average equity. My question is, how much more expensive is paying an employee equity vs standard salary? How ...
3
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0answers
57 views

How to negotiate at your current company? [closed]

What advice does money.stackexchange have for those looking to negotiate within their own company? Last time I was on here I was in pretty bad shape financially. I had just lost my job after not ...
34
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12answers
9k views

How can I break the cycle of taking on more debt to pay the rates for debt I already have?

I'm 30, married, and have a 1.5-year-old daughter. My monthly on-hand income is 71,000 ₹ (INR). These are my monthly expenses: Home loan: 18,428 (Loan amount: 18,50,000. Number of EMI pending: 150. ...
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1answer
27 views

Foreign National has Resident Account in Indian and transfer money overseas

I am an expat working in India, my salary is paid to my Resident savings account. How do i remit my salary to my wife in Singapore for the family's maintenance? The bank made a mistake and opened a ...
3
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1answer
163 views

How do I prepare for a potential furlough on my salary?

Today I heard a rumor in the office that we might be seeing a salary furlough coming within the next few months. Normally I don't pay much attention to the rumor mill, but this rumor has some ...
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0answers
148 views

What happens to wages when you go bankrupt? (England)

I am having a difficult time keeping up with my payments during the pandemic after being furloughed since March. I have contacted StepChange and they have advised me that the best course of action for ...
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2answers
540 views

First semi monthly paycheck not adding up to Gross salary

I received my first pay-check, and I dont think the details are adding up. Yearly salary: $85000 Semi-monthly salary expectation, before tax: $3541.67 Actual salary received before tax: $2897.73 After ...
3
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1answer
349 views

How to save as much money as possible from my salary? [duplicate]

I have 10 months of work, which's my first work experience, and during this period I haven't saved anything in my bank account. I spend all of my salary on rent, which represents 32% of it and the ...
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1answer
53 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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2answers
337 views

Is it possible to have a one-cent-per-year salary in the United States?

I'm aware of several people (mirror) earning in a one-dollar salary, and I'm not aware of anyone earning in a one-cent salary. Is it possible to have a one-cent-per-year salary in the United States? I ...
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1answer
2k views

What does an L mean at the end of the salary in India?

In the following job ad in India, what does the L mean at the end of the number? Expert level Data Engineer Bengaluru ₹15L – ₹20L
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1answer
165 views

Advice with CTC (Fresher)

What would be the in-hand salary for the CTC 8.4 lakhs (breakup attached in link)? Are they just ballooning up the figure? What would be some reasonable points to discuss with them before I accept ...
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1answer
63 views

Supposing the same amount, has a contractor the same cost (6K + VAT) of a employee (6K) for a company?

If you are a employee, supposing a gross salary of 6000 gbp for 12 months, excluding taxes and NI, you could earn monthly about 4200 gbp (according with a tax calculator https://www.moneysavingexpert....
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2answers
54 views

Health Insurance + Salary Calculations

Whats a good percentage of my salary to set aside for health insurance in California? I'm currently looking into a new job which doesn't offer healthcare or dental so I'm trying to figure out how my ...
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1answer
111 views

What's a good way to start salary negotiation?

Whether you look for a job, or get head hunted, eventually, you're asked how much money you want for the position. If you state a figure, you'll either get kicked out because it's too high, or you ...
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1answer
79 views

Optimum Location for Working [closed]

In general, which state and/or city in the United States has the best combination of income tax rate, living expenses, and working wage? When people talk about optimal conditions, a state without ...
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4answers
323 views

Why do companies pay salaries rather than donations?

When I receive a 100€ salary net on my bank account after all taxes, my company had to actually cash out X€, split into their charges and my gross salary. After my charges and taxes are removed, I see ...
2
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1answer
74 views

Are workplace pensions less efficient than salary sacrifice because of national insurance?

I'm contributing to a Workplace Pension. For each £100 I earn (within limits) I contribute £5, and my employer contributes £3. I pay 12% NI on my £5, so it costs me £5.60. My employer pays 13.8% NI ...
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2answers
176 views

How do I read my payslip?

What will be my in hand salary for the following structure? Basic pay: 15600 GP: 6000 DA: 9720 Pension: 1139 EPF: 1800 ...
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2answers
277 views

Would a Senior Frontend Developer salary in Poland of 9950 - 14920 PLN be a monthly or yearly salary?

A company in Wrocław Poland advertises a job of Senior Frontend Developer for a salary of "9 950 - 14 920 PLN gross on an employment contract (UoP)" https://www.monterail.com/careers/senior-...
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1answer
74 views

What's the cheapest way to get your Hungarian salary into a German EUR account? [closed]

I get one part of my salary in Hungarian Forints and this cannot be changed. I live currently in Germany and I need them in Euros. Currently I have an account by Deutsche Bank, but they use a pretty ...
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1answer
182 views

Investment Analyst salaries in the US prior to the GFC

I'm not sure if this is the right place for this question, but when I was watching the movie "Margin Call" a while back, the 23-year-old investment analyst boasts about his $250,000 salary. Did ...
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1answer
245 views

Guidance of Offered Salary with Mandatory Expenses - Gothenburg

I have 6.9 years of experience in IT industry and 6.6 years of experience in DEVOPS skills which includes automation of deployment, Jenkins, Artifactory, Ansible, Artifactory, Dockerization and ...
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3answers
8k views

How to protect an employee's wages before the company declares bankruptcy? [duplicate]

I work for a company which is behind on my salary. The company might file for bankruptcy: how do I claim my salary before then? This question is different from other postings. We are discussing how ...
28
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3answers
16k views

50k job is offering 90k worth of shares. Scam?

This was a job posting on Linkedin, in the software industry. The rules are that you can sell up to 30k per year. But the job offers 50k (GBP) and it seems that offering shares greatly in excess of ...
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9answers
605 views

Are stock options worth as much as shares?

I was undergoing salary increase negotiations (after a year) recently and it was decided a percentage of my salary was to be paid in shares. However, when the offer came, I noticed I would be getting ...
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1answer
324 views

First salary in UK

I hoping to get some informations on how the tax system works in UK. Basically, this is my first job here, I haven't worked before April. I have a basic gross salary of £41,600 and I pay 4% as a ...
2
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0answers
145 views

Is it fine to use Savings account to pay salaries? what is the downside?

It is taking us time to get checking/current account for the business. We want to know, if it is OK to pay through Business Owner's personal savings account and still have it as a record of business. ...
79
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8answers
23k 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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0answers
64 views

Tax in India and UK

I came to the UK in March 2019. Due to other formalities, my bank account was opened in April 2019. So in March 2019 my Indian salary got credited in an Indian bank account after tax deductions. In ...
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1answer
6k views

Is it legal to keep my US bank account after leaving the US, and receive money on it?

I currently live in the united states on an L1 visa. There is a chance that I'll quit my job and travel around central/Latin america for quite some time. With L1 visa, If I leave my job, I have to ...
6
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2answers
4k views

Net salary in Germany for programmers

I got an offers as a freelancer to work from Germany (the company is not German but I will live in Germany when I'll work for them). Since I'll be a freelancer in need to give them an hourly rate for ...
2
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1answer
253 views

Salary Conversion from Bi-weekly to Semi-monthly Mid-year

My company changed payroll from bi-weekly to semi-monthly this March. The last bi-weekly pay period before conversion ended on 2/28/2019. The first semi-monthly pay period started on 3/1. I am a ...
43
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12answers
19k views

How to manage monthly salary

I am a 22-y/o guy starting my first job. I am interested to know how I should manage my monthly expenses. Keeping in mind that I need to pay for my rented apartment, food, water, etc., save money for ...
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3answers
205 views

Start-up co-founder Equity vs Salary

What is the best option? I have been asked to work in a high position as co-founder of a startup for 5% equity and $40k salary - this requires over 40 hours of work(hard grind) etc as any position ...
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2answers
187 views

Comparing new offer wage to current position. Is it fair that the employer anchored the pay?

I work as a contractor (1099 in the US) for a company (let's call it A) a few hours a week and received an offer from a more prestigious, smaller company (B) in a similar field. I plan on working both ...
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1answer
120 views

Tax in the Netherlands

I have a question regarding tax in the Netherlands. I have a gross monthly salary of 3,500. I am allowed to enter the 30% tax ruling (young employee with masters). Then what is my monthly net income? ...

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