Am i asking for to much? What does this sound like to an employer?

Question

I have had an offer for another job and am debating taking it. The problem is, I have become comfortable with the amount that I am currently receiving, however, they are not currently taking out taxes until we hire a CPA and then my paycheck will definently drop since taxes would be out. I would drop about 100 bucks a check. Anyways....I had another offer for a job.. The thing is. I am getting 15 per hour right now no taxes out. and am going to have a raise GOD knows when this is why i want to change jobs, which will go to 18 per hour. This other company KNOWS this since our companies have worked together in the past. They offered me basically $33,400 per year which is 16 per hour the first 90 days and then $37,400 after 90 days which comes to 18 per hour. 

I want to come back and ask for 17.50 per hour which is $36,400 first 90 days and 19.50 after which is $40,560

Would you ask for this? Once he takes taxes out i just basically want to break even.

Anonymous · Accepted Answer

If you are an employee, and they are not taking out taxes, they are breaking the law. Especially if they aren't withholding social security and/or medicare taxes. Don't be surprised if this company tries to give you a 1099-Misc at the end of the year rather than a W-2, and tries to treat you as an independent contractor instead of an employee. If they do and you accept that you'll be responsible for paying Self-Employment (SE) tax, which is 15.3% of 92.35 of your self-employment income, in addition to your regular tax. Doesn't sound there's any reason for you to stay with your current employer.

nursande · Answer

First of all the fact that taxes havent been held out means that you may have to pay all those taxes in at the end of the year ugh!  Second take it from someone who has been around the block you should find something that you halfway enjoy doing for a reasonable amount of money and do it.  If you are happy with where you are and the money is decent stick with it but if it is making you bitter because you are not getting the raise you were promised this only continues to make you "sour" and eventually you become of the mindset that you shouldnt have to do this or that because the company is doing you wrong.

? · Answer

How would we know if you are asking to much?  You need to know what others in your line of work in your area are making before you can judge what is the prevailing wage.  You need to evaluate your training and experience as compared to others and any other factor that goes into setting wages.  What have others at the new company been making that do similar work?
And by the way you will pay tax at some time on the money from your present employer.

widewillie · Answer

Since you haven't indicated what industry you work in or the exact position...it's hard to say what would generally be considered appropriate compensation. 

BUT...there's an old saying in business...you get what you negotiate ...NOT what you deserve!!

By all means...ask for what you want.  ALL THEY CAN SAY IS NO...which they are not likely to say (they are more likely to make a lower counter offer...which will still be more than their initial offer...)

And so what if they do say no...you already like and are comfortable at your current job...so if the new place wants you, they will pay a little more!!

Anonymous · Answer

You do realize of course that you are going to have to PAY the taxes that your employer did not withhold.  I hope you have been saving up to do that.

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Am i asking for to much? What does this sound like to an employer?

5 Answers