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.
234
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What's the best website to get the average base salaries for software developers? [closed]
I think Payscale seems to be the most accurate. For a senior developer in Canada, they claim that the median base salary is 100k in Montreal, which seems in line with what I see on online job boards ...
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15
votes
9
answers
5k
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What to spend money on after getting first good job? [duplicate]
I've finally gotten a good job after several years of searching after I graduated uni. I'm making 80k starting and it's bound to go up (I think) since it's in software/engineering. I'm honestly at a ...
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0
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1
answer
257
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How can I decide how much I should charge for dog sitting in a month?
The title asks for itself. Google gives a good number of resources (https://pawsathomecare.com/blog/pet-sitter-rates/) but I have never done this, and I haven't found articles for hobby dog sitters ...
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1
vote
0
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37
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Question on ratio of median renumeration in balance sheet/Question on median salary of a company/ratio of median renumeration in annual report
Consider below Annual report of an company for the year 2021-22 https://on.tcs.com/Annual-Report-2022
In this report on page 89 we have data on "Ratio to median remuneration for all board members&...
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vote
2
answers
64
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May an S Corp defer paying any distribution or salary its first year?
May an S Corp (with revenue) defer any kind of salary or distribution in its first year, if the S-corp had only recently been formed in the last quarter? If for example, it would be more beneficial to ...
- 153
0
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1
answer
87
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How to Pay Yourself a Salary in a Single Member S-Corp with Inconsistent Income
It seems a requirement of a single-member S-Corp is to pay one's self a "salary" - suggesting a weekly or bi-weekly payment that amounts to a pre-determined figure at year's end - but in a ...
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3
votes
1
answer
377
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Received more net pay than it states on my payslips, no visible deductions sent to HMRC on the extra income I received - what to do?
I started a new job on the 26th of September, 2022 for an annual salary of £55,000.
Working 09:00 - 17:30, 5 days a week.
My monthly gross salary is: £4,583.33
I have a student loan, repayment plan 2.
...
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8
votes
4
answers
4k
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How can a bank make it possible for their customers to get their salary up to two days in advance?
I read on https://blog.revolut.com/revolut-launch-united-states/:
U.S. customers will be able to get their salary up to two days in advance via direct deposit at no cost.
How can a bank make it ...
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2
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2
answers
322
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How to interpret the salary in this job offer
I received a job offer from an Australian company.
In the offer, it states: "Details of the Offer: $108k Salary Package (AUD); Including super, plus quarterly bonus."
How do I interpret this?...
14
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3
answers
8k
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No taxes were taken out of my paycheck. Is this a mistake? [duplicate]
I've started my first job on the 18th of August and got my first pay slip today (September+ part of August).
I've noticed that the salary was tax free. I wonder if that's a mistake and there will be ...
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18
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4
answers
5k
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How to Convert UK Income Levels to USA Income Levels
I'm graduating with a PhD soon in the UK and now I'm trying to figure out how much I am worth in the workforce & see higher wages in the USA. I don't know if the numbers are adjusted for things ...
- 283
0
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1
answer
75
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Will weekly paychecks be reduced after taking FMLA leave?
My wife works as a US public school teacher.
She took several months off for maternity leave. Because she only had a month of paid sick leave accumulated, 6 weeks went unpaid. The workplace simply ...
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1
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0
answers
55
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Deducing purchasing power equivalent salaries under tax between two countries
I am trying to figure out how to compute the equivalent salary in a country B given a salary in a country A by taking into account purchasing power parity and tax rates in both countries. The ...
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1
answer
43
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When filing form 2553 to elect S Corp taxation for an LLC that I own, how do I pay myself while waiting for form 2553 to be approved by the IRS?
For example, let’s say I file form 2553 in February to elect S Corp status for my LLC with a retroactive start date of January 1 of the same year. The IRS may take two months to review form 2553, and ...
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1
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215
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Time of resignation and impact on pay if paid bi-weekly instead of bi-monthly
My company has just switched from bi-monthly pay to bi-weekly. The result is that for the first few months of this year, we are actually paid less than for later months in the year. I of course ...
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0
answers
106
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How to evaluate equity requirement for a stealth startup?
I was asked for salary expectations at a stealth startup. How to go about deciding on the amount of equity when there is no information on their numbers (sales, valuation, etc.) online?
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1
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1
answer
80
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Calculate total NET payment with overtime hours in a partial month
I am trying to learn how to calculate the NET payment for a partial month and the overtime (net and gross) based on some random payments and facts I found from the past. I got stuck with a specific ...
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0
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1
answer
107
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Do you receive salary when you are a contractor?
A company does not receive salary. As a contractor, the company you own gets paid from the company you work for. Therefore you do not receive salary. If you are an employee for a company (not a ...
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3
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4
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345
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Why would someone argue that stock options are a better form of compensation?
I'm reading How Google Works by Jonathan Rosenberg & Eric Schmidt. In the Talent - Hiring is the most important thing you do chapter, the authors briefly pause the management topics to give career ...
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1
answer
155
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In the UK, from where does your employer take the money to put it into your pension scheme?
I have been reading about the UK workplace pensions schemes but I don't understand them very well.
What I have read is that you can choose an amount of money, which is taken from your gross salary, ...
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0
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1
answer
89
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How are salaries calculated for holidays falling during maternity leave?
My wife has taken maternity leave. She is a salaried, tenured public school teacher, but surprisingly the workplace does not offer maternity leave pay. She had a few weeks of sick leave accumulated, ...
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1
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103
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Are businesses required to pay more than a specified minimum wage in respect to each job title in US? [closed]
Are there any laws about the businesses that mandates them to pay at least a minimum specified wage to their employees?
I mean something like: A CEO should at least has $5k/month, or an engineer ...
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2
answers
220
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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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3
votes
2
answers
237
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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3
votes
3
answers
364
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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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1
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1
answer
93
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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 ...
2
votes
1
answer
935
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 ...
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1
answer
120
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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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0
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1
answer
146
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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 (...
0
votes
1
answer
60
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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1
vote
0
answers
56
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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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6
answers
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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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3
votes
0
answers
67
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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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2
answers
188
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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 ...
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3
votes
0
answers
67
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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 ...
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34
votes
12
answers
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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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vote
1
answer
29
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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 ...
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3
votes
1
answer
169
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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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2
votes
0
answers
160
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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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2
answers
4k
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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 ...
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3
votes
1
answer
384
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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 ...
0
votes
1
answer
56
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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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2
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369
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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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9
votes
1
answer
7k
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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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1
vote
1
answer
337
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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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votes
1
answer
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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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1
vote
2
answers
59
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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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1
vote
1
answer
131
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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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0
votes
1
answer
86
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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votes
4
answers
339
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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 ...
- 1,162