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+--- Thread: You know what really grinds my gears?! (/showthread.php?tid=10098)
Re: You know what really grinds my gears?! - JPolen01 - 08-08-2015
.RJ Wrote:Why you guys in such a hurry
Time is money. I don't go to the gas station to hang out.
Re: You know what really grinds my gears?! - .RJ - 08-08-2015
Tell me more...
![[Image: willy-wonka-116680671607_xlarge.png]](http://images.sodahead.com/polls/003872877/willy-wonka-116680671607_xlarge.png)
Re: You know what really grinds my gears?! - Tyler.M - 08-09-2015
Coworkers or subordinates that tell me wayyy too much about their bodily functions. Even when I tell them not to. some people it's just hardwired to overshare.
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Re: You know what really grinds my gears?! - HAULN-SS - 08-09-2015
Diesel pump blocking is usually more annoying because there's less pumps available.
2nd'd on co-workers shitting up the bathroom. last place i worked had like 8 people using the same 2 bathrooms and it would still happen.
Re: You know what really grinds my gears?! - JPolen01 - 09-03-2015
Changes to the commission plan midway through the year. A large negative swing in my monthly check is really just what I wanted to find out about on a Thursday morning.
Re: You know what really grinds my gears?! - WRXtranceformed - 09-03-2015
JPolen01 Wrote:Changes to the commission plan midway through the year. A large negative swing in my monthly check is really just what I wanted to find out about on a Thursday morning.Not usually a good way to retain good sales employees :?
Let me know if you are looking, our DC group just had a sales role open up a day or two ago. I know the sales manager pretty well as well as most of the team, they are all good people.
To add to that gear grinding, tax rates on bonuses, in general.
Re: You know what really grinds my gears?! - V1GiLaNtE - 09-03-2015
WRXtranceformed Wrote:To add to that gear grinding, tax rates on bonuses, in general.
Don't get me started....
Re: You know what really grinds my gears?! - Steve85 - 09-03-2015
So, we do a lot of salary maneuvering in pricing and I meant to follow-up on a recent discussion about moving salary into bonuses. The PM was talking about this very thing, that the tax withholding being much higher on a bonus and how that makes execution (hiring) difficult once the job is won.
A pretty smart guy made the comment that at the end of the day your total tax paid is the same. I surmise form his statement that he means as long as your bonus doesn't put you into a higher tax bracket, you either get a refund (or smaller liability) at the end of the year. For example, if you're in the 28% bracket and your bonus doesn't push you over the limit, if that bonus had 40% withheld, at the end of the year when you file taxes, you get credit for the 12% additional withheld. So at the end of the day, you pay 28% of taxable income, you just paid it at different withholding rates based on the type of pay.
I tried looking into this briefly a while ago and thought the info was heading towards "true, but depends on the other 4 trillion tax regs". Got any smart tax people here??
Re: You know what really grinds my gears?! - WRXtranceformed - 09-03-2015
I pay a really smart accountant / former IRS auditor to square me away every year, but no matter how you cut it when bonuses make up a huge chunk of your income you are floating a massive free loan to the fed until they decide to give you your refund the next year. The amount that comes out of your monthly checks is large and is not income that you can live on or invest. It doesn't surprise me at all that people balk at receiving big bonus chunks as their income. That is also aside from the fact that bonuses can be variable (based on personal performance or company performance or as Jon found out, changed arbitrarily at any time by the company).
When I took my current role I negotiated pretty hard for a significantly larger base salary as I am no longer held to a personal quota and my bonuses are partly dependent on company performance. It minimized my risk and increased my guaranteed take home income. It also helped me plan a little better for tax season.
Re: You know what really grinds my gears?! - Steve85 - 09-03-2015
Makes sense, I mean it's never fun to float the gov and gets worse as your portion of income derived from bonus goes up.
We usually don't plan for a huge chunk, just enough for retention after training and certifying and they are suddenly worth more other companies.
There is definitely the perception among many that they never get that money though.
Good move- good friend of mine with a great track record did the same at his previous company. He has greater earning potential where is now but is back in the hot seat!
Re: You know what really grinds my gears?! - D_Eclipse9916 - 09-03-2015
Steve85 Wrote:Makes sense, I mean it's never fun to float the gov and gets worse as your portion of income derived from bonus goes up.
We usually don't plan for a huge chunk, just enough for retention after training and certifying and they are suddenly worth more other companies.
There is definitely the perception among many that they never get that money though.
Good move- good friend of mine with a great track record did the same at his previous company. He has greater earning potential where is now but is back in the hot seat!
There are ways around this FYI, claiming exemptions higher than you actually would through work. This means you get more back every paycheck. You just have to settle back with the govt at tax season.
BTW- TurboTax beats me every year (by about $~50-100) when I do my taxes by hand. I still am clueless how they get the foreign tax exemptions on some of my investments correct.
Re: You know what really grinds my gears?! - WRXtranceformed - 09-03-2015
D_Eclipse9916 Wrote:There are ways around this FYI, claiming exemptions higher than you actually would through work. This means you get more back every paycheck. You just have to settle back with the govt at tax season.Changing exemptions does help but it's not a silver bullet to fixing a bonus-heavy comp structure, trust me. You could consistently achieve 100% of plan and have a good idea what your bonuses and total comp would be year over year...and then destroy it the following year and instantly jump 3 tax brackets. I regularly saw reps at our company go from $140k YOY total comp to $250k-300k+ and at the highest level $180-200k YOY total comp to $800k-$1M+...with the vast majority of that coming in the form of bonuses and a HUGE chunk of it coming as a year end bonus. Obviously you're super stoked for that kind of year but everyone jumps on the phone with their accountant in January :lol:
BTW- TurboTax beats me every year (by about $~50-100) when I do my taxes by hand. I still am clueless how they get the foreign tax exemptions on some of my investments correct.
Re: You know what really grinds my gears?! - SlimKlim - 09-04-2015
THE COST OF EYEGLASSES WHAT IN THE EVERLOVING FUCK?!
I'm officially old, and blind, and as a result, poor. Apparently my vision coverage is some of the best available too, based on what I still had to cough up, I believe even looking at the full retail cost of today's appointment would actually melt my face off.
![[Image: jp3Hi7b.gif]](http://i.imgur.com/jp3Hi7b.gif)
Fuck.
Re: You know what really grinds my gears?! - JPolen01 - 09-04-2015
SlimKlim Wrote:THE COST OF EYEGLASSES WHAT IN THE EVERLOVING FUCK?!
Oh man. I've been wearing glasses since I was about 5. My vision coverage has always been okay, not great. My most recent pair cost me about $400. But they are the fanciest zeiss astronaut anti-glare shatterproof smudge proof lenses you can buy so that makes it okay, right?
Re: You know what really grinds my gears?! - SlimKlim - 09-04-2015
I was prepared to spend a few hundred bucks, I just didn't realize i was going to need two pairs. In retrospect maybe I should've gone for the bifocals, but since you can't exactly try before you buy, I thought I would prefer having my whole field of vision in focus for a given task and deal with the inconvenience of having two pairs, over having to adjust the angle of my face to bring the computer screen into focus. :dunno:
$600 later, I've got a nice pair of metal frame long distance glasses on the way that'll get my vision back to 20/15, and plastic tortoise shells for when I'm on the computer.
All I know is my checking account is quivering in fear, I want a drink, and in a week I'll probably have less headaches.
Re: You know what really grinds my gears?! - Mike - 09-04-2015
I had some awesome nice glasses and then I jumped in the ocean a few weeks back. You know what grinds my gears? Paying twice for the same glasses. FUCK.
Re: You know what really grinds my gears?! - Senor_Taylor - 09-04-2015
I only have one pair. I guess I'm living life on the edge.
Re: You know what really grinds my gears?! - Mike - 09-04-2015
For sure. When replacing a pair I usually get the cheapest lenses they make ($75ish) for my old pair (since it's an old prescription and the lenses are usually janked up at that point). Saved me this. Since I was on vacation though, having a pair of contacts with me was the hugest savior. If you don't have contacts, you should. I wear them for rough activities.
Re: You know what really grinds my gears?! - CaptainHenreh - 09-04-2015
Can I just say that, like, since I had lasik my life has been off bucks fucking amazing?
Re: You know what really grinds my gears?! - .RJ - 09-04-2015
SlimKlim Wrote:$600 later, I've got a nice pair of metal frame long distance glasses on the way that'll get my vision back to 20/15, and plastic tortoise shells for when I'm on the computer.
All I know is my checking account is quivering in fear, I want a drink, and in a week I'll probably have less headaches.
Warbyparker.com
Classicspecs.com
Just sayin' :dunno: