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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-1
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2answers
279 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 ...
6
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1answer
194 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
1
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1answer
37 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 ...
0
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1answer
56 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....
1
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2answers
50 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 ...
1
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1answer
95 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 ...
0
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1answer
75 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 ...
-2
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4answers
301 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
64 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 ...
1
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2answers
171 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 ...
1
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1answer
105 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://bit.ly/2SuSIWf 14,920 PLN = $3,822 US ...
2
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1answer
69 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 ...
0
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1answer
114 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 ...
0
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1answer
169 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 ...
20
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3answers
7k 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
15k 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 ...
3
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9answers
547 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 ...
0
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1answer
270 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
141 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. ...
78
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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 ...
0
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0answers
60 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 ...
4
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1answer
2k 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
votes
1answer
198 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 ...
42
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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 ...
1
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3answers
158 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 ...
1
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2answers
173 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 ...
0
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1answer
100 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? ...
1
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3answers
234 views

How many allowances should you claim?

Does having a high salary change how many allowances you should claim?
0
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1answer
44 views

Can W2 salary be negotiated when removing healthcare plan?

As a W2 employee, I will get $4,500/mo plus benefits. One of the benefits is that they will pay half the healthcare plan that I select from the options available. In my case, it's about $400, so I pay ...
1
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2answers
105 views

Can 1099 get allowance to reduce taxable income?

I posted this question anonymously, but I can't add edit or delete, so I decided to repost. I'm a software developer for a fortune 500 company (in Texas) and I get paid $5,000/mo as a 1099 contractor....
0
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1answer
333 views

Can 1099 contractor receive per diem and car allowance?

As a W2 worker for a US company, my monthly pay was divided into 3 quantities: $X in salary, $Y in per diem, and $Z in car allowance. The benefit was that I would only pay tax on the salary, so my ...
1
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1answer
147 views

How do I calculate annual salary in case of salary split in a single month?

I am building a payroll system. My problem is if the employee's salary changes twice or thrice in a same month. If the: 1st period is x 2nd period is y then can I say annual income from 1st period ...
1
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2answers
167 views

What to do when a good job offer is made with good salary but we are confused about salary?

Last week I got a job offer from the place where I was interviewed for a position as civil engineer. I have been informed that I will receive a monthly salary of RS 50,000. I will have not have to ...
2
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0answers
122 views

Stock Options in Exchange for Salary

I received an offer letter with with the option to convert part of the salary to stock options as per the below table. Base salary is ₪33K/month (Israeli Shekel). Be aware of '₪' vs '$' in some ...
19
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2answers
7k views

Job offer in Sweden: Confused about the salary breakdown

I have received a job offer in Stockholm for a Software Engineering position and have had a verbal discussion about the same. What I have been informed is that I will receive 31000 krona (after tax) ...
1
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2answers
217 views

Funding a company launch

I live in Canada and I'm planning to start a company. My question is not about the Business Plan, the initial funds needed or how to hit the market and make money. I currently have a relatively good ...
2
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1answer
125 views

Need help negotiating a salary agreement with my boss [closed]

I'm a college student who is interning at a startup company. My job as an intern is to help redesign and launch an app, so that it runs on Android as well as iOS. When I signed up for the job I was ...
2
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1answer
109 views

UK Contractor (Limited company) - How to manage payroll when still deciding annual salary

I'm a director of a UK limited company and working as a contractor, and my contract is due to end in December. For the rest of the tax year I still don't know whether I'll then start a new contract ...
1
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3answers
405 views

Can I be hired with a flexible hourly wage?

Question Is there such a thing as hiring someone at a minimum hourly wage and then offering additional pay based on a factor? Alternative Question Could this be done legally (from a US tax ...
5
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2answers
989 views

Calculating salary loss from inflation

When it comes to inflation, I simply know that it is an increase in prices that results in a fall of the currency's value. I'd like to apply this to wages in a workplace that has not provided a pay ...
1
vote
3answers
402 views

Paying salary to a shareholder when the business has no revenue

I'm trying to learn about financial statements and taxes in Canada. And I'm curious if I understood something correctly when a business has zero revenue, but still pays the sole share holder a salary....
1
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2answers
135 views

Calculating PAYE tax and NIC contributions on two different bands of income in the UK

My data (United Kingdom specific) : March - NI Rate A and Tax Code 1150L IN: Gross Salary 2250 OUT: PAYE Tax 0.00 NIC 183.0 April - NI Rate A and Tax Code 1185L IN: Gross Salary 2250 Gross ...
1
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1answer
116 views

Do I need to pay myself as a director if I also have a full-time job?

I am a director (one of two directors) of a private Ltd. company that carries out web development work. I also have a full-time job during the week but do the web development in the evenings and ...
0
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2answers
53 views

GBP salary figure quoted but paid at open market rate in local Rs in Pakistan bank account

GBP salary figure quoted but paid at open market rate in local Rs in Pakistan bank account. Do I lose out when considering my salary initial figure quoed in GBP but then received in Rs local currency ...
1
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1answer
58 views

I need help understanding what 'net of required taxes' means

In this contract what does net of mean? is it the amount after or before taxes? Award – Cash awarded to a Participant under the Program, net of all required federal and state withholding taxes, due ...
1
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1answer
177 views

Not getting my wire transfer till 15 days

My money is not credited where my office is released the money on 4th Jan. Its exactly 12 working days gone but still I am not sure what is the problem. It is a wire transfer from Israel to India ...
2
votes
1answer
62 views

What considerations to take when comparing rates for hourly contracting vs. annual salaried employment

This is NOT a duplicate of: Calculate hourly wage from annual salary offer? - that's about whether the employment salary is calculated hourly/daily/annually/whatever. Currently I do a task for a ...
2
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1answer
6k views

Is it better to deposit your salary into you checking or savings account? [closed]

What are the pros and cons of having a direct deposit from a paycheck going into a checking account vs. a savings account?
4
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1answer
261 views

Best way to pay myself from my company when my marginal tax rate is higher than the company tax rate?

I'm working as an IT contractor in Australia and I'm about to move from a sole trader model to a Ltd company. I'm trying to work out the most tax effective way of paying myself in my own company, for ...