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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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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2
votes
2
answers
181
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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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vote
2
answers
320
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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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1
answer
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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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0
votes
1
answer
258
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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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1
answer
291
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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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3
answers
8k
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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 ...
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28
votes
3
answers
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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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3
votes
9
answers
641
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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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0
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1
answer
390
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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 ...
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3
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0
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148
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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. ...
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81
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8
answers
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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 ...
- 1,193
0
votes
0
answers
67
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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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5
votes
1
answer
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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 ...
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2
answers
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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 ...
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2
votes
1
answer
365
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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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43
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12
answers
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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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1
vote
3
answers
240
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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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1
vote
2
answers
196
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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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0
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1
answer
145
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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? ...
user83579
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3
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244
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How many allowances should you claim?
Does having a high salary change how many allowances you should claim?
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1
answer
59
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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 ...
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vote
2
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118
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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....
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votes
1
answer
507
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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 $Z in car allowance. The benefit was that I would only pay tax on the salary, so my ...
1
vote
1
answer
202
views
How do I calculate annual salary in case of salary split in a single month?
I am building a payroll system. My problem is if the employee's salary changes twice or thrice in a same month. If the:
1st period is x
2nd period is y
then can I say annual income from 1st period ...
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1
vote
2
answers
192
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What to do when a good job offer is made with good salary but we are confused about salary?
Last week I got a job offer from the place where I was interviewed for a position as civil engineer. I have been informed that I will receive a monthly salary of RS 50,000. I will have not have to ...
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2
votes
0
answers
145
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Stock Options in Exchange for Salary
I received an offer letter with with the option to convert part of the salary to stock options as per the below table. Base salary is ₪33K/month (Israeli Shekel). Be aware of '₪' vs '$' in some ...
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19
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2
answers
8k
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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) ...
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1
vote
2
answers
232
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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 ...
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2
votes
1
answer
137
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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 ...
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2
votes
1
answer
153
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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 ...
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vote
3
answers
471
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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 ...
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2
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2k
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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 ...
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vote
3
answers
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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....
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vote
2
answers
198
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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
vote
1
answer
158
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 ...
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votes
2
answers
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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
vote
1
answer
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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 ...
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vote
1
answer
515
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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
1
answer
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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 ...
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3
votes
1
answer
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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?
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votes
1
answer
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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 ...
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votes
1
answer
4k
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Overpaid by employer, will I lose out on my income tax allowance?
My employer overpaid me by a significant percentage of my salary and so I need to repay the money.
Obviously I don't want to lose out on the income tax allowance for this tax year. How can I make ...
user13894
2
votes
0
answers
93
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What should I consider when claiming relocation expenses in a particular year?
I recently changed jobs with my employer offering relocation assistance as part of the compensation package. I have up to a year to claim the relocation expenses, which consist of the usual items: ...
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votes
2
answers
9k
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Calculating Compounded Salary Increase Percentage with Multiple Years and Durations
I am trying to calculate the cumulative salary increase across 10 years. The issue is that some union members received raises multiple times a year, and other years they received no raises. I am ...
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4
votes
3
answers
395
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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 ...
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2
votes
2
answers
1k
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India : Tax on bonus amount
My current employer is giving me a bonus which I may be required to return in the future when I change companies based on a bond agreement of a certain tenure. Is accepting the bonus amount and then ...
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2
votes
2
answers
434
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Salaries updated for inflation
If annual salary increase percentages are less than inflation doesn't that mean that each year is financially tougher than the last?
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5
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How are people able to spend more than what they make, without going into debt?
Jeff Bezos reportedly surpassed Bill Gates as the wealthiest person in the world, at least, for a while. But in 2016, it was reported that he had a salary of around $80,000, but obviously his wealth ...
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4
votes
1
answer
150
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Is insurance compensation for lost wages taxable (in the U.S.)?
Recently I was involved in an automobile accident. I missed some time from work and now have to take time off to go to physical therapy. Injury coverage from the auto insurance is compensating me for ...
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