Career Path > Outages
vendors, please post PAY RANGES in your ads
Glowing Green:
--- Quote from: ksheed12 on May 18, 2015, 10:31 ---The duration is listed as long term (I read >1yr), so odds are that per diem wouldn't apply. As we all know living expenses can be a tax deduction. Furthermore, if you figure $1000 per month for rent and utilities that works out to $6.58 per hour on 40 hour weeks. So your wage would be more like $33.42 per hour and not accounting for any overtime. Still a pretty darn good wage. [2cents]
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Once again I would rather have the non-taxable money. Not sure how you figure $70,000 is good money when you are supporting 2 residences. This job is long term and no one is paying relocation, so once again you are out of pocket to get there. I been on the outage train for about three years my last salaried job was $32.50 hr, I will say with the per diem, I do better working the outages and collecting my unemployment every year. So I don't understand why there is an incentive for people to lose their per diem, not to mention if you work overtime, you place yourself in a higher tax bracket. Even if you only received $100/day per diem for 7 days and worked 40 hrs a week I would rather have the $28hr+ per diem for a year, with the option to stay longer. As the $700=$17.50hr on forty hours and guess what....IT'S NOT TAXED!! We can go back and forth about this all day but at the end of the day non-taxable money is more valuable than taxable money any day of the week. When I get a job offering salary I deduct 30% off the top, because that's about what I have to live off. Tax deductions happen at the end of the year. I don't live once a year I live everyday!! I'll continue to live by my math because it seems to work better for me!!! By the way I came up with $28/hr because 30% of $40 is $12 that's about how much you are losing every hour in taxes, that you may or may not get back at the end of the year!! Even if it was just 20% you are still only bringing home $32/hr.
Chimera:
The answer is simple: Don't apply for the job. And, if approached, don't accept. All the rest is just hand-waving and gum-flapping.
Glowing Green:
--- Quote from: Chimera on May 19, 2015, 06:10 ---The answer is simple: Don't apply for the job. And, if approached, don't accept. All the rest is just hand-waving and gum-flapping.
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I WON'T AND DON'T!!! However I am into have healthy discussions and debates, this information always tend to help others!!!
OldHP:
--- Quote from: Glowing Green on May 18, 2015, 07:21 ---Even if you only received $100/day per diem for 7 days and worked 40 hrs a week I would rather have the $28hr+ per diem for a year, with the option to stay longer. As the $700=$17.50hr on forty hours and guess what....IT'S NOT TAXED!!
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This has gotten very far [OT]
I'm not the tax expert, however, once you go over 12 months it is taxable back to the first day!
Ksheed:
--- Quote from: Glowing Green on May 18, 2015, 07:21 ---Once again I would rather have the non-taxable money. Not sure how you figure $70,000 is good money when you are supporting 2 residences. This job is long term and no one is paying relocation, so once again you are out of pocket to get there. I been on the outage train for about three years my last salaried job was $32.50 hr, I will say with the per diem, I do better working the outages and collecting my unemployment every year. So I don't understand why there is an incentive for people to lose their per diem, not to mention if you work overtime, you place yourself in a higher tax bracket. Even if you only received $100/day per diem for 7 days and worked 40 hrs a week I would rather have the $28hr+ per diem for a year, with the option to stay longer. As the $700=$17.50hr on forty hours and guess what....IT'S NOT TAXED!! We can go back and forth about this all day but at the end of the day non-taxable money is more valuable than taxable money any day of the week. When I get a job offering salary I deduct 30% off the top, because that's about what I have to live off. Tax deductions happen at the end of the year. I don't live once a year I live everyday!! I'll continue to live by my math because it seems to work better for me!!! By the way I came up with $28/hr because 30% of $40 is $12 that's about how much you are losing every hour in taxes, that you may or may not get back at the end of the year!! Even if it was just 20% you are still only bringing home $32/hr.
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OK
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