82
votes
Accepted
Company stopped paying my salary. What are my options?
If it was me, I would count the bonus lost. You need money to live, and they are not paying you so the answer is obvious: seek another job (or three). I'd have a chat with your manager about you ...
- 78.6k
48
votes
Company stopped paying my salary. What are my options?
Not paying your salary is a form is constructive dismissal. That is grounds for filing an unemployment claim — possibly the fastest way to get money for paying bills that doesn't put you into further ...
- 1,733
31
votes
Company stopped paying my salary. What are my options?
My fear is if I resign I will not get paid my salary or my bonus.
You will almost certainly get paid your salary up through the time you stop working. You might need to have a lawyer fetch it for ...
- 21k
22
votes
Company stopped paying my salary. What are my options?
When you work for a company, there are a lot of expectations of you: prompt attendance, follow instructions, accept criticism, handle all the work stress, and all the things that go with good ...
- 24.3k
18
votes
Company stopped paying my salary. What are my options?
You should alert the NY State Department of Labor here. Failure to pay salary is unlawful.
I have to warn you, most people's experience is that they never get paid anything. In California, employee ...
- 1,811
7
votes
Company stopped paying my salary. What are my options?
Your question has generated a lot of discussion and advice about what to do regarding your employment and seeking to collect your salary. I can't add anything constructive there.
Here's what I would ...
- 853
6
votes
Accepted
Financial Security for a Starting Family
If I was wrong please let me know how so I can learn for next time.
This is way off-topic for Money.SE, but I feel compelled to offer my advice. Feel free to downvote and I'll consider deleting (or ...
- 140k
5
votes
What effect will taking a new job have on mortgage rates
For the majority of banks (in the US), it will have no effect at all. (Banks that do manual underwriting may have their own custom rules.)
The rate you receive for a mortgage is based only on your ...
- 47.3k
4
votes
What types of careers consistently make the most money entering with no background or social skills?
You may think it sucks to have learned a crap ton of category theory, which is seemingly useless outside of academia, but have you considered picking up a "functional" programming language, e.g. ...
- 41
3
votes
Can you keep on COBRA for medical and elect only dental and vision coverage from new employer?
I've worked for large and small companies across the US over the last 20 years. Every one of them has medical as a separate enrollment from all other benefits. Meaning, you can elect to have no ...
- 1,201
3
votes
Company stopped paying my salary. What are my options?
Hit the Panic button.
Ring up all your friends in your industry.
Try to find a replacement job, ASAP. Honestly, you should have done this the moment the company failed to pay your bonus due to ...
- 581
2
votes
How are FSAs handled when you change jobs?
The most important thing to understand about healthcare FSAs is that it is not an account that you own.
FSA is a Flexible Spending Arrangement (HSA is a Health Savings Account), in this arrangement ...
- 49k
2
votes
Previous employer has not rolled over my 401k yet
For the rollover, you should probably talk to the recipient manager. This would be your broker or whomever (your new employer if rolling into another 401k). They should be able to update you on ...
- 21k
2
votes
What types of careers consistently make the most money entering with no background or social skills?
It sounds like you're massively under-selling yourself. You presumably have a degree to get into the PhD program, and you now have work experience as well. But you're applying for jobs in fast food ...
- 10.9k
2
votes
Changing jobs in UK and health insurance
I'm not sure if there are any regulations or general principles that cover this case. It does seem unfair that if you had continuous coverage from two insurers, either of which would have covered it ...
- 30.1k
2
votes
Company stopped paying my salary. What are my options?
I would not invade an IRA if I could avoid it. If you can't afford a month of no salary, then you will get caught hard by the tax and tax penalties next April.
If you expect to be back in work ...
1
vote
How to value benefits and pension?
With a defined benefit plan, the main value you're getting out of the pension is that the money is guaranteed for life (with the caveat that pensions can, at times, become underfunded).
I'm in a ...
- 297
1
vote
Accepted
How to value benefits and pension?
I think you're on the right track - you count what is actually a benefit to you. If your health insurance premium is higher but you get a better plan, you should consider if the benefit is worth the ...
- 140k
1
vote
Accepted
Potential job offer where I would have to buy a car to use. How to calculate if it's worth it?
"There has been talk about being reimbursed for mileage" - assume this will never happen. If they would offer it, it would be in the initial contract. They are stringing you along with this, ...
- 42.9k
1
vote
Can you keep on COBRA for medical and elect only dental and vision coverage from new employer?
The answer to can you keep your current employer sponsored medical plan via COBRA and still participate in your new employer’s other benefits, probably. Bundling medical with other benefits is pretty ...
- 49k
1
vote
Dependent Care FSA Reimbrusement
Each employer can reimburse expenses from the period of employment only. You would have needed to submit reimbursement for those expenses through September to the first employer.. usually the employee ...
- 715
1
vote
Financial Security for a Starting Family
Did I make the right choice?
Only you can determine that. Financial security and stability are not worthless, but they do not have infinite value either. Any time you go out for a walk you're trading ...
- 6,849
1
vote
How to maximize 401(k) match between switching jobs
The primary issue I see is that your base assumption, that you can get a full 50% match of the IRS maximum allowed contribution, is incorrect.
Based on the numbers in your question it calculates out ...
- 889
1
vote
How to maximize 401(k) match between switching jobs
First, I would check on is the vesting schedule of the match. If your match is fully vested then you shouldn't have any problems there when switching jobs.
The second issue is the $18,000 annual ...
1
vote
How to maximize 401(k) match between switching jobs
Just don't exceed the match percentage. Stop when you contribute to 1500. It sucks, but most employers do it this way.
- 78.6k
1
vote
Accepted
How to calculate and pay income tax when switching companies twice?
How do I calculate now how much of tax I need to pay on my own after considering all of the above?
Add up all the income from Company A till Nov, from Company B till Mid-March and from Company A for ...
- 57.2k
1
vote
How is my employer affected if I have expensive claims on my group health insurance?
There are a number of important points raised in your question. This question is very US-centric, as is my answer. Others have already raised the issue of employers who 'self-insure', so this answer ...
- 171
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