Personal Finance & Money Stack Exchange
Personal Finance & Money Stack Exchange

Questions tagged [compensation]

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What exactly is a "bad," "standard," or "good" annual raise? If I am told a hard percentage and don't get it, should I look elsewhere?

Is there a percentage threshold for a hypothetical "bad," "standard," or "good" annual raise? I supposed a bad raise would be no raise at all and I hear a typical raise is around 3%, which barely keeps up with cost of living increases. I recently…
gwar9
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How to determine contractor hourly rate and employee salary equivalents?

I am aware of the general differences between being an employee and being an independent contractor. However, I am unable to easily compare the two when it comes to after-tax compensation. Company A: You're a contractor (1099). You get paid…
colithium
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How do I know if I am a Highly Compensated Employee?

Does my employer inform me whether or not I am a highly compensated employee? If not, how do I find out, other than getting money refunded at the end of year if my company was over their 401k HCE contribution limit? Do I need to just email Payroll…
Dan A.
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When changing jobs, how can you protect yourself?

Say you have a job, its pretty stable but you want to move on up, so you apply for another one. You do well at the interview, and are offered the job, so you hand your notice in. In the last week of your notice, your new place of work decides its…
James
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Benefits of Purchasing Company Stock at a Discount

The public company I work for offers a stock purchase plan at a 15% discount. There is an annual limit to how much each employee can purchase at the discounted rate. To keep things simple assume: The stock price is $100/share, so it can be…
Phil Sandler
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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 alternative compensation — supposedly Steve Jobs did…
kd0hdf
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I run my own nonprofit corporation. Should I pay myself as a contractor or an employee?

I started a run my own nonprofit corporation. We have a board of directors and my title is executive director, founder, and am on the board. We have been completely volunteer staffed including myself and have no office now. We just received a…
Jeremy
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Are all financial advisors compensated in the same way?

I'm considering using one, now that I see how complex personal finance is :) but I'd like to find one whose motives I wouldn't have to question.
Nat_Rea
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How can I estimate the value of private stock behind employee stock options?

I'm considering an offer with generous options. I have pretty high risk tolerance, so I'm just trying to estimate the expected value of the options. To the extent possible, I want to base this on the valuations of professionals rather than my own…
user6344
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When negotiating a compensation package with a prospective new employer, how can I determine what element is worth more?

i.e. is there a way to "normalize" value and future-value of compensation components such as: annual bonus, commission, pension contribution, health benefits, vacation days, company car, etc. so that when evaluating offers, I am comparing…
Nat_Rea
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How can a foreigner cash an American cheque in the US?

What is the best way to cash a cheque I have received as compensation? We are from Britain.
steve brooks
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How do I estimate the value of employer-provided job benefits, for comparing compensation?

I'm trying to put a number on the benefits (health insurance, dental insurance, 401k match, etc). that my job provides. I'm looking at a career move and would like a total compensation number for comparison. How can I put this number together? What…
T. Thomas
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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 instead of having health insurance and such. I…
user2642
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What options exists if your wife's employer doesn't cover any type of maternity leave?

Recently I discovered that not all employers will cover maternity leave. Many will allow an expectant female to leave for a period of time, but it will be under a leave without pay license. Aside from the obvious options of taking another job with…
Geo
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How should I categorise/record an "account adjustment" on my current account?

Santander failed to notify me of an interest rate decrease on my student current account from 3% AER to 1% AER, which I noticed a few months after the change. I submitted a complaint to them over the phone, and they called me back a few days later…
Jivan Pal
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