Sentences with phrase «reasonable salary in»

The IRS requires S - Corporations to pay its owners a reasonable salary in the same way they would pay an employee.

Not exact matches

«You should not be building a business if the model does not lead to sustainable operating income and cash flow out of which a salary can be taken in a reasonable period of time,» says Frances Spark of Spark Consulting LLC, a New York firm that provides business consulting, operational restructuring and interim CFO and COO services to entrepreneurs and small to mid-size companies.
Be open and honest about why and how salary decisions are made so everyone can see if they're being reasonable in expecting to be paid more.
When receiving a salary, all employers must receive «reasonable compensation» according to the IRS — which is, essentially, a figure comparable to the salary of an employee in your role at another business.
Though her high salary could have afforded her a much more extravagant apartment, Livingston chose to live with a roommate in a three - floor walk - up on the Upper East Side that cost her $ 1,050 a month — a reasonable price by New York standards.
The pay, whether in the form of wage or salary, is reasonable only if it is comparable to the pay another person would get for the work done.
@Monevator — not a criticism but at this moment in time I've no idea what my expenses are as I'm trying to live life to the full whilst still working full time having a reasonable final salary pension and having some savings.
Instead of having huge, multimillion dollar salaries they should have a reasonable salary (in the low hundreds of thousands rather than in millions) with the rest of their package made up of shares in the company (not options).
If these churches hire a pastor and give them a job description, then it is fair and reasonable to give them a fair salary that is commensurate with the salaries of similar professions in the area where they live.
In fact in our minutes there is provision for a very reasonable salarIn fact in our minutes there is provision for a very reasonable salarin our minutes there is provision for a very reasonable salary.
It would have to be on a more reasonable salary than the ridiculous amounts being mentioned in previous transfer windows.
If reasonable he returns as a key cog to a playoff run — salary demands too high, we have a lot of depth in the OF as well.
Now, we're in an offseason where a potential superstar like Shohei Ohtani is only getting the league minimum after signing with the Angels for a capped international bonus figure; where one of the very best hitters in the game, J.D. Martinez, still can't find a reasonable offer with less than two weeks to go before spring training; where Yu Darvish can't sign with either of the teams he would like to (the richest out there, the Yankees and Dodgers), despite their having a need for a starter of his caliber, because they «need» to clear salary in order to avoid paying the luxury tax.
Clubs and agents always use Arsenal to start the biding war, they lead us in to a false belief that we can pick up a player for a reasonable amount then a club like Chelsea, Manchester's, Barca, Reals's of this world come in with a huge offer to seal the deal and Arsenal fall flat on our faces, some of those teams buy players even if they don't need them just so not to go to the competition, they even unsettle players by pretending to want them for a higher salaries but often never put in a offer
Also, give Walcott a reasonable increase in salary.
This article makes a reasonable argument that local governments are in trouble because of the burst of the housing bubble, not your mantra of unionized public employee salaries:
Its focus on 39 key universities, with $ 15 billion in additional funding, is paying off, but it needs to instill consistent standards, a commitment to basic research, academic freedom, reasonable salaries and transparency.
Before I could ask my boss to consider my salary to be inadequate, I knew I would have to demonstrate, in no uncertain terms, that it was so inadequate that no reasonable administrator would suggest that personal habits might be to blame for my poverty.
«The reason the teaching profession is regarded with a lot of respect in Shanghai is not just because teachers earn reasonable, stable salaries — it is also because of how well they teach.
And it is entirely reasonable and right that, in February, Eileen Milner, chief executive of the Education and Skills Funding Agency, wrote to the chair of trustees of multi-academy trusts that pay a salary in excess of # 150,000, asking for the rationale for setting that level of pay.
Whilst I recognise the excellent work that is carried out in many trusts to deliver high - quality education to children, trusts have a responsibility to ensure value for money and that salary payments are transparent, proportionate, reasonable and justifiable.»
Benjamin Howe, chairman of the trustees at Excel Academy, said the salary the board set for its CEO, Owen Stearns, the third - highest earner, was fair and reasonable and in the best interests of Excel, which operates four campuses in East Boston and Chelsea.
They generally want to do good work on behalf of children, but you do have to get salaries in the lowest - spending states up to something that's at least reasonable to support a middle - class existence.
In reality, the Senate teacher pay proposal is a reasonable first step towards making North Carolina's teacher salaries competitive with other states and, more importantly, other professions.
In accordance with 5 U.S.C. § 3102, «Employment of Personal Assistants for Handicapped Employees, Including Blind and Deaf Employees,» DOT, in its discretion, may authorize the payment of salary and other necessary expenses for a personal assistant (PA) who accompanies a qualifying employee with a disability on official travel as a reasonable accommodatioIn accordance with 5 U.S.C. § 3102, «Employment of Personal Assistants for Handicapped Employees, Including Blind and Deaf Employees,» DOT, in its discretion, may authorize the payment of salary and other necessary expenses for a personal assistant (PA) who accompanies a qualifying employee with a disability on official travel as a reasonable accommodatioin its discretion, may authorize the payment of salary and other necessary expenses for a personal assistant (PA) who accompanies a qualifying employee with a disability on official travel as a reasonable accommodation.
Founder makes available 100 % equity, but uses a reasonable amount of the proceeds to pay him / herself a salary (or wage) and from that salary invests in the same initial offering to acquire shares for him / herself.
A) Founder makes available 100 % equity, but uses a reasonable amount of the proceeds to pay him / herself a salary (or wage) and from that salary invests in the same initial offering to acquire shares for him / herself.
As a rule, salaries are considered reasonable if they're representative of an amount that would be paid to an arm's - length party for similar services — in other words, comparable to what you would pay an unrelated employee to do the same job.
This means that during the 5 months you owned the company you will have taken $ 0 in salary, and I believe that would not be reasonable if this job is your main source of income.
You are still required to pay yourself a reasonable salary for your own work in that case.
So a worker earning the median salary of about $ 30,000 at age 25 will pay more than $ 167,000 in investing fees before retiring at age 67, if fees average what many might consider a reasonable 1.30 % per year.
They could end up leaving school with loans much higher than what would be acceptable or reasonable for their increase in salary.
Paying generous salary and benefits in lieu of reasonable notice may be a wiser employer strategy.
If John does not find work for some time after the expiry of the 18 week period, then he is entitled to his salary up to the earlier of the day he finds work (in this example July 1, 2012) or the end of the reasonable notice period (December 31, 2012).
But it would also be reasonable to conclude that their interest is in preventing employees from comparing salaries, and your purpose in talking about salary is something unrelated, so you would have no reason to think that the confidentiality clause is relevant to you until after you are an employee.
(b) any salary expenses paid to replace the self - employed person's active participation in the business, except to the extent that the expenses are reasonable in the circumstances; and
(b) salary expenses that were paid to replace the person's active participation in the business, except to the extent that those expenses were reasonable for that purpose;
(b) salary expenses that were paid to replace the person's active participation in the business, except to the extent that those expenses were reasonable for that purpose; and
In lieu of reasonable notice, the plaintiff was offered a lump sum payment totalling the equivalent of four weeks» base salary, which amounted to $ 14,230.97.
In 1989, the Ontario Court of Appeal held that a reasonable person should be expected to do so «[w] here the salary offered is the same, where the working conditions are not substantially different or the work demeaning, and where the personal relationships involved are not acrimonious» (Mifsud v. MacMillan Bathurst Inc. (1989), 70 O.R. (2d) 701, at p. 710).
For amounts in excess of statutory minimums, if the employer agrees to pay the employee reasonable notice and continue benefit contributions for an equivalent period of time, then the employee has no losses or damages, and therefore may be required to accept salary continuance.
The Supreme Court of Canada reiterated in Honda Canada Inc. v. Keays, 4 at para. 32 that damages are confined to the loss suffered as a result of the employer's failure to give proper notice of dismissal, measured by the loss of wages and salary, and other benefits, that would have been earned during the reasonable notice period.
In other words, the employer may take the position that the employee is entitled to his or her base salary during the reasonable notice period but is not entitled to continue to collect his or her bonus, stock options or employer pension contributions.
Specifically, Feldman J.A. found that while a wrongfully dismissed employee must make reasonable efforts to obtain comparable employment, if the employee can only secure a position that is not comparable in either salary or responsibility, the employee is entitled to turn it down without having the income potentially earned from that inferior position deducted as mitigation.
In this case, Waterman's wrongful dismissal had no impact on his pension entitlement, and he could not have received both his salary and his pension benefits had he continued to work for IBM through the reasonable notice period.
[64] In Goett, at paras 10 - 11, this Court stated: «In determining the pre-tax income of a corporation for this [s. 18] purpose, all amounts paid by the corporation as salaries, wages or management fees, or other payments to or on behalf of persons with whom the corporation does not deal at arms length must be added, unless the shareholding spouse establishes that the payments were reasonable in the circumstances»In Goett, at paras 10 - 11, this Court stated: «In determining the pre-tax income of a corporation for this [s. 18] purpose, all amounts paid by the corporation as salaries, wages or management fees, or other payments to or on behalf of persons with whom the corporation does not deal at arms length must be added, unless the shareholding spouse establishes that the payments were reasonable in the circumstances»In determining the pre-tax income of a corporation for this [s. 18] purpose, all amounts paid by the corporation as salaries, wages or management fees, or other payments to or on behalf of persons with whom the corporation does not deal at arms length must be added, unless the shareholding spouse establishes that the payments were reasonable in the circumstances»in the circumstances».
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Career Objective: Interested in working as a compensation analyst with «Techtronic Inc.,» and provide support to the HR team in developing a reasonable and competitive salary and compensation packages that can help in retaining skilled employees.
The Institute of Student Employers (ISE) suggests that the average starting salary for marketing roles is a very reasonable # 22,000, though this may differ considerably if you are employed within the marketing department of a business that operates in a different sector.
If you are quoted a reasonable fee (somewhere well in - between the $ 99.00 guys and the $ 1,000 + heavy hitters), you have a good chance of paying for a well - crafted document that can easily generate more interviews, boost your confidence and frequently position you as a candidate worthy of a position that commands a higher salary.
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