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Annual Bonus Istara One Year Ki Resign Cheste


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Posted

sign-on bonus icharu some pounds.. avi kuda only after tax deposit ayyayi in my account and at excessive tax rate bcz for that first month pay, sign-on bonus+first_month_salary may have gone into higher tax bracket ...

this sign-on bonus also needs to be repaid in full if I were to leave the company voluntarily within one year of the commencement of employment

so, my question is after tax amount( i.e., the amount deposited in my bank) refund cheyala nenu or the amount quoted (amount deposited in bank + tax paid by company to UK) in my contract document ..which one will I be asked to repay?

 

  o6go3k.jpg

 

 

bonus money always taxed @45% irrespective of tax bracket....year end lo calculate ayitadi if total gross income including bonus is less then tax bracket changes ..bonus lo cut ayinavi..migita % vapas vastadi..

 

 

 

for rest of ur question..it purely depends on company policy...daniki ikkada DB lo evad samadhanam ivvaled..unless he is working in same company as u

Posted

100% true

 

nee okkadi kosam rules marcharu forbes 500 listed vi aythe

okay but offically vallaki ippude (now only 10th month began) inform cheyacha? (that I will leave at the end of 12th month)

Posted

sign-on bonus icharu some pounds.. avi kuda only after tax deposit ayyayi in my account and at excessive tax rate bcz for that first month pay, sign-on bonus+first_month_salary may have gone into higher tax bracket ...

this sign-on bonus also needs to be repaid in full if I were to leave the company voluntarily within one year of the commencement of employment

so, my question is after tax amount( i.e., the amount deposited in my bank) refund cheyala nenu or the amount quoted (amount deposited in bank + tax paid by company to UK) in my contract document ..which one will I be asked to repay?

relocation and sign on bonus you need to pay in full amount even though you got after tax .

Posted

andukenemo maa odu interview lo pay discussions lo bonus rupam lo istanu parvaleda annadu, instead of a higher starting salary.. naaku nuvvu e visyam appude cheppi unte bonus option ni no cheppe vadini kada Chitti uncle :(

  o6go3k.jpg

 

 

bonus money always taxed @45% irrespective of tax bracket....year end lo calculate ayitadi if total gross income including bonus is less then tax bracket changes ..bonus lo cut ayinavi..migita % vapas vastadi..

 

 

 

for rest of ur question..it purely depends on company policy...daniki ikkada DB lo evad samadhanam ivvaled..unless he is working in same company as u

 

Posted

depends on company man ... kontha mandhi sign in bonus kooda vaaps teeseukuntaaru 

Posted

relocation and sign on bonus you need to pay in full amount even though you got after tax .

thanks a lot for the clarification..

it does seem to make sense

relocation expenses weren't taxes, though (unlike what you mentioned)

Posted

bhayya most companies atleast fortune 500 you should stay for atleast 2 years for relocation and 401k.

relocation expenses -  2 yrs undaali you should stay with the company or else you need to pay the remaining amount of what you got divided into 24 months . so in your case half of what you got. 

 

401k amount-  if you are putting money in 401k plan and employer is matching it, you will be eligible to take it only after you complete 2 full years of employment.

 

Bonus - Bonus will be given on your performance and company performance after a review by your manager and will be generally done after financial year that is in april. so if you are leaving before that i am not sure you will be eligible for it. 

this is the most elaborate reply to my answer.. thanks bhayya

 

 

I'm prepared to repay 50% of my relocation expenses

 

401k emavutundo telidu (actually I'm in UK.. it is similar but a different pension account)  even if I loose it that is fine bcz I never had my eyes on it

naa nunchi eduru dabbulu adagakunda unte chalu ane situation lo unna

 

after you explanatino about bonus.. i think it is very unlikely that I get bonus.. also i leave in feb or march and by that time financial period also wont complete

 

india vellipoyi Govt job chesukovali ani decided

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