RE: Bonus instead of raise -- why?

Subject: RE: Bonus instead of raise -- why?
From: "Steve Arrants" <steve_arrants -at- sonic -dot- com>
To: "TECHWR-L" <techwr-l -at- lists -dot- raycomm -dot- com>
Date: Mon, 1 Oct 2001 13:10:40 -0700



> -----Original Message-----
> From: bounce-techwr-l-63935 -at- lists -dot- raycomm -dot- com
> [mailto:bounce-techwr-l-63935 -at- lists -dot- raycomm -dot- com]On Behalf Of
> dthomps -at- foundationsoft -dot- com
> Sent: Monday, October 01, 2001 1:01 PM
> To: TECHWR-L
> Subject: RE: Bonus instead of raise -- why?
>
>
> Other respondents have raised very valid points about
> "compounding" your
> raise. But I would also like to raise another, stickier, issue.
>
> I'm not entirely sure if it's legal or not, but I used to
> work for a company
> which paid bonuses in a big amount and did not withhold taxes
> on them.

I'm pretty sure this IS illegal. A company I worked for in Houston
--no names, but they're merging with a Palo Alto, CA company...)--did
this to some employees back in the mid-80s. A few years later, I
(and I guess others) got letters and forms from the IRS asking us
about the transaction. The company had to pay a fine plus the
unwithheld taxes plus the interest.



^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

Planning to attend IPCC 01, October 24-27 in Santa Fe? Sign up by
October 3 and get a substantial discount! Program information,
online registration, and more on http://ieeepcs.org/2001/

+++ Miramo -- Database/XML publishing automation. See us at +++
+++ Seybold SFO, Sept. 25-27, in the Adobe Partners Pavilion +++
+++ More info: http://www.axialinfo.com http://www.miramo.com +++

---
You are currently subscribed to techwr-l as: archive -at- raycomm -dot- com
To unsubscribe send a blank email to leave-techwr-l-obscured -at- lists -dot- raycomm -dot- com
Send administrative questions to ejray -at- raycomm -dot- com -dot- Visit
http://www.raycomm.com/techwhirl/ for more resources and info.


References:
RE: Bonus instead of raise -- why?: From: dthomps

Previous by Author: [techwr-l] RE: Terminology question: Deprecated function
Next by Author: Re: Layoff logistics and etiquette
Previous by Thread: RE: Bonus instead of raise -- why?
Next by Thread: RE: Bonus instead of raise -- why?


What this post helpful? Share it with friends and colleagues:

Sponsored Ads


Sponsored Ads