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re: At what point does Overtime become not worth it in your eyes?

Posted on 9/19/13 at 4:38 pm to
Posted by PropofoLSU
Irwin, Idaho
Member since Aug 2013
543 posts
Posted on 9/19/13 at 4:38 pm to
Plant operator.....hahaha I love that OT joke.....

Thanks for the responses gentlemen.....I'm gonna shoot for about 15 a week.....never know when these old guys in my biz are gonna retire and quit giving me their hours....
Posted by reb13
Member since May 2010
10905 posts
Posted on 9/19/13 at 7:47 pm to
Also after 110000 you don't get charged part of FICA like 6.2%
Posted by wegotdatwood
Member since Aug 2009
17094 posts
Posted on 9/19/13 at 8:05 pm to
I'm working an extra 6 hours a week. I'll gross $600 a month for that extra 6 hours. $25 an hr.

Salary 47k

Wife is at home for a while with a newborn soon so the extra cheese will help a little.
Posted by SmackoverHawg
Member since Oct 2011
27318 posts
Posted on 9/19/13 at 10:28 pm to
I said f$%k it and started taking a day off a week. I was feeling stressed busting arse 5 days a week plus call nights and weekends. Then to see the government take 40%, I said f$%k it and work to what I feel is a comfortable level and that's it. They have killed my incentive to grow my business and my income. Law of diminishing returns.
Posted by 756
Member since Sep 2004
14853 posts
Posted on 9/20/13 at 11:34 am to
You need a new tax guy
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 9/20/13 at 11:59 am to
Posted by Powerman
Member since Jan 2004
162200 posts
Posted on 9/20/13 at 12:07 pm to
quote:


Problem is that 20 hours only changes my take home by about a 1000 bucks.


500 extra a week isn't bad

Get it while you can. If you're content with your pay without the overtime, just save all of it.
Posted by NaturalBeam
Member since Sep 2007
14521 posts
Posted on 9/20/13 at 2:09 pm to
quote:

OT baller job
quote:

I'm a salaried worker who gets paid bi weekly
Oxymoron
Posted by CurDog
Member since Jan 2007
28082 posts
Posted on 9/20/13 at 2:55 pm to
quote:

At what point does Overtime become not worth it in your eyes?


the first minute overtime begins
Posted by tirebiter
7K R&G chile land aka SF
Member since Oct 2006
9181 posts
Posted on 9/20/13 at 3:29 pm to
quote:

Then to see the government take 40%


Be glad it's not the late 1970's when the IRS alone would be smacking you for 70% being a high earner and all that.
Posted by SmackoverHawg
Member since Oct 2011
27318 posts
Posted on 9/21/13 at 8:45 pm to
quote:

IRS alone would be smacking you for 70% being a high earner and all that.

You mean back when you could deduct EVERYTHING. Nobody paid that much.
Posted by FootballNostradamus
Member since Nov 2009
20509 posts
Posted on 9/23/13 at 3:45 am to
quote:

M-F I'm a salaried worker until 3:30. After 3:30 I become OT worker.


What in the world kind of government job do you have that after 3:30 you become OT?!?!?!

Do you get to the office at 6 AM?
Posted by PropofoLSU
Irwin, Idaho
Member since Aug 2013
543 posts
Posted on 9/23/13 at 6:20 am to
I put people to sleep...my job starts early.
Posted by SpidermanTUba
my house
Member since May 2004
36128 posts
Posted on 9/23/13 at 8:41 am to
quote:


Problem is that 20 hours only changes my take home by about a 1000 bucks.



The federal government withholds money from your checks as if you are making the amount of the check every pay period. So if you are working OT in some periods and not in others, the OT periods will have more taken from them than you will owe - and the non-OT paychecks will have less taken from them than you owe. Because you will notice the former effect more than the latter, this will give the illusion that OT pay is being "punished" more than it really is.
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