Timeline for Hourly pay rate calculation between Recruiting and Payroll Systems
Current License: CC BY-SA 4.0
2 events
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Jul 4 at 23:50 | comment | added | Happy Idiot | Yes, but probably no one anywhere gets that full amount deposited in their bank account. My paystub has about 10 pre-tax deductions of cents to dozens of dollars, a couple post-tax amounts, then 4 deductions for taxes (it could be more if the city charged tax also). By the end of all that I 'get' about 55% of my rate. So given that the rate is divided by 24 to start with, and umpteen deductions and taxes which can vary at times, anyone who could find a penny in that mess needs their head examined. Then at Income Tax time you can easily owe or be owed $2000. Then that much property taxes... | |
Jul 2 at 19:59 | history | answered | mhoran_psprep | CC BY-SA 4.0 |