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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2
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1answer
50 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
168 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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1answer
97 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 ...
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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1answer
113 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
150 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 ...
80
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22answers
24k views

Why would you ever turn down a raise in salary?

Related to a comment on this question: Is it true that Income Tax was created to finance troops for World War I? Does it ever make financial sense to turn down a raise at your job? It was mentioned ...
8
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1answer
531 views

With the Fringe Benefits Tax, should I even salary sacrifice for a car?

In Australia, some employers offer an option to salary sacrifice a car purchase. The cost of the car is taken from your pre-tax salary, so your gross income will be less, and therefore, your income ...
1
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1answer
4k views

Salary account in gnucash: charge vs. income // example transactions

It might not be the usual thing to have on opening balance in a "Salary" account, but if one did, this is what I tried in gnucash: description: payday again :-) transfer: Equity:Opening Balances ...
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 ...
1
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3answers
589 views

How much should be withheld from my paycheck?

I'm currently working as a Software Engineer and I was worried because my withholding amounts seemed to have changed in between last year and this year. I started at my company on December 12, and I ...
2
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2answers
6k views

Roughly how much more is the average salary of London compared to the north and south?

As the title states, roughly how does salary in London compare to a job in the south (say, Bristol), versus a job in the north (say, Leeds)?
3
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9answers
530 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 ...
4
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1answer
12k views

Is working on a W2 basis, with benefits paid to me, a good idea?

My prospective employer (a consultancy service) gave me 3 options: signing on as 1099, W2 w/ benefits or W2 all inclusive. The "all inclusive" option means that my benefits are paid in my paycheck ...
0
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1answer
251 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. ...
0
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0answers
59 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
930 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 ...
1
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3answers
398 views

Why should I not disclose my salary?

I'm not looking to blurt out or brag about my salary in social media or anything. I'm apparently making an article about how to get a raise and I am planning to disclose the exact raise (not salary) ...
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 ...
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 ...
2
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1answer
183 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 ...
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3answers
155 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
168 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
95 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? ...
8
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3answers
2k views

How are the $1 salaries that CEOs sometimes take considered legal?

I have been reading about various CEOs taking a $1 salary; typically they also take some from of alternate compensation, e.g. stock options. However, very rarely one will take a $1 salary with no ...
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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?
12
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3answers
12k views

How much would be a fair raise or salary increase to ask for at work?

I have not got a raise at work for some time - almost two years - and I think I am due. I did not ask during the crisis because other companies were laying off, etc. Mine didn't lay off, we actually ...
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
104 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
281 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
128 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 ...
2
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3answers
5k views

How is monthly wage tax calculated in The Netherlands?

AFAIK, in most European countries, the wage tax is calculated based on the total annual earning but is deducted by the employer from the gross salary and paid to the tax authorities in advance, on a ...
1
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2answers
164 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 ...
8
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6answers
2k views

How do I build wealth? [closed]

Usually CEOs and other executives have a salary which doesn't exceed £200k per annum (with 50% going to taxes). However, they possess luxury cars, large house and huge savings, i.e. great wealth. How ...
2
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0answers
117 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) ...
0
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2answers
213 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
124 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
votes
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 ...
2
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3answers
13k views

Would I make more if paid weekly instead of monthly? [duplicate]

If my paycheck for my first week looked like this: Period Start 7/1/2016 Period End 7/31/2016 Total Hours 40 Net Pay $1,419.32 And, if my paycheck for my first month looked like this: Period ...
1
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3answers
397 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 ...
1
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3answers
357 views

Why are some wage taxes officially paid by the employer, even though they're really paid by the employee?

My current salary is taxed at two levels: first, the employer has to pay a certain number of taxes on my wages. The rest of the money is then considered to be my salary and I pay other taxes (social ...
5
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2answers
925 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
345 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
128 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
114 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
51 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 ...