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

Questions tagged [salary-increase]

21 questions
83
votes
22 answers

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 for tax reasons it did no good, but would not…
MrChrister
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6 answers

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 manager about potentially moving some of this bonus…
Jsk
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15
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9 answers

What to spend money on after getting first good job?

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 bit of a loss as to what to spend my money on. All…
Uguu
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13
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4 answers

How much is inflation?

I'm sure it's different every year (and may even differ by country?), but surely there must be a minimum increase salaried workers would have to earn in order to simply break-even, relative to the inflation rate?
Nat_Rea
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11
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5 answers

How can I increase my hourly pay as a software developer?

I am a PHP developer with 3 yrs experience and got exposure in Joomla, CodeIgniter. What should be my hourly pay in U.S. and what should I do to increase it with a steady curve? Thanks.
kans
8
votes
4 answers

do I have to wait for one year to negotiate my salary?

A few months ago, I had an interview and received 8 months contract position. I accepted it. After a month later, the company offered me permanent position. They offered me 68k and I accepted it. I accepted it because I love my co-workers and…
Jay
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8
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2 answers

Working at same place 2 years & my colleagues got a salary increase but I didn't. Should I ask my boss why?

I have worked at a doctors practice for two years. Some of my collegues have made a year working in this practice, but they have increased their salary. I didn't get an increase when they did. What might be the cause of this? Should I ask my boss…
tshepiso
5
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2 answers

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 rise for a few years, and to understand any…
hiigaran
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1 answer

Can my employer increase my hours without increasing my salary?

Can my employer increase my hours without increasing my salary?
user454
3
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0 answers

How to negotiate at your current company?

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 getting paid the prior month. Thanks for Personal…
Scott Skiles
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3
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3 answers

Hourly rate negotiation tips for paid internship

I would like to take some time off (more like reduce 50% study workload) from the life of a student on his way to a PhD. So far I have been living off tuition waivers and payment for assisting my guide write papers and grade for his classes and I…
f1StudentInUS
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3 answers

Can a new company see how much you're being paid?

I'm currently on (for argument's sake) 20k. I'm due to get a pay rise to 25k soon. I'm going for an interview at a new company soon, and I know that they will ask me what my current salary is. Can I say 25k without any repercussions? If there aren't…
Daniel Steele
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Is a 100k salary twice as expensive as a 50k from the employer's point of view?

If you take everything into account (mandatory insurance, etc.), how much do employee and employer's representations diverge about employee's cost? For example, you may think a 5K increase in your salary is really 5K more for the employer, which I…
Barnabe
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2
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2 answers

Compensating underpaid colleague out of my own pocket - we're both contractors

TL;DR: Alice & Bob work as contractors for a Canadian company, in Canada. Alice is underpaid, Bob is/was overpaid. How can Bob (legally) compensate Alice for her work? I am working as a lead software dev in a small team for a large Canadian…
Ping Lan
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How to stop promotions from filling new "necessary" expenses

I am 25 now (damn I feel old haha!) and I have gotten 2 promotions in my career so far. When I was younger I though that every promotion will be more spending money. Now that I have started living, every promotion just seems to fill expenses I…
Paul Kruger
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