[lbo-talk] Advice

[andie nachgeborenen]

One advantage for your boss is that he collects the
interest through the year on stuff he doesn't pay you
in earlier months. You are losing that if you would
actually invest the money rather than spend it. I
don't know whether it is legal to pay you required
overtime pay, if that is what is is, as  "bonus" -- if
he's required to pay it to you, he has to do it, and
he can't bestow it or deny it the way you might a
bonus. But that is just speculation. 

--- kelley at pulpculture.org wrote:
> Hi all,
> 
> Let's say an employee does overtime work that
> amounts to a few thousand 
> dollars. Technically, that should be paid in the
> regular paycheck and taxed 
> accordingly.
> 
> However, why would an employer prefer to pay it out
> as a bonus -- where I 
> claim the bonus at the end of the tax year? I assume
> the employer's saving 
> money (but maybe not.... anyone know?), but is this
> practice screwing the 
> employee over? (no, this isn't pushing me into a new
> tax bracket.)
> 
> Similarly, if an employee negotiates a raise, why
> does an employer pay it 
> as a bonus--even if only temporarily (for a few
> months)?
> 
> I'm trying to figure out if I'm getting screwed
> under this bonus system. I 
> don't consider getting screwed having to pay taxes
> on Apr 15 if I haven't 
> paid them each pay check. I always just sock as much
> of it away as 
> possible. I'm asking if I'm paying more than I would
> otherwise by receiving 
> bonuses rather than as a salary.
> 
> Also, does anyone have experience negotiating salary
> as a % of sales of the 
> product one produces? If so, I'd like to know more
> about it, on or off list.
> 
> Thanks,
> 
> Kelley
> 
> ___________________________________
>
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