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Visual Storyteller
What is a good salary for a director in NY?
Visual Storyteller
Hi,
My last working day was 11th Nov and I submitted my asset to TCS location and got the Initial release letter as well. Later on 17th or 18th of Nov, I got a message from TCS that they have sent the Packing material through Vendor, please accept it.
I didn't accept the material and cancelled it when the delivery boy came to my location.
So, is it going to create any problem in getting reliving letter? Share your thought please
Tata Consultancy
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Stop complaining about pay rise OP. That's the one thing about this firm that you can't complain. You are paid a little more than your peers at MBB.
Of course there are other things to complain about but that's for another post
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Consider yourself lucky. If you landed 147 k in your first year. Stuck at 123 here.
Rates are marginal; you only pay the higher rate on the portion that falls into the higher bracket.
I think a new bracket starts at 89k, I'm too far away from being concerned about the next one
1) Federal and State taxes unless you're lucky enough to live and work in a State without income tax like TN.
2) Married can file jointly or separately
https://www.thebalance.com/federal-income-tax-brackets-3193155
S1 you're right, perhaps miserable is not the right term, just mentioned my salary bump to see if breaching the 150k mark had any impact on taxes
@EY2 that's why when rich people complain about the tax code I don't feel that bad.
There was a time when in theory you could get a pay raise and net less because you rolled over a tax bracket break. That usually happened to those at much lower levels that you/we are in (secretaries and teachers were notoriously hit). It almost never happens anymore (though marginal rates as mentioned elsewhere can make the raise seem very skimpy).
My raise last year bumped me into highest bracket. Huge increase to total. Net was close to nothing after taxes. The worst! P.S. Avoid compensatory if you can help it.
Isn't compensatory corrected year end?
@OP what was your rating and what is your potential bonus?
@A2, in theory. Compensatory true up not always a true up. Sometimes down. No way to really know until after all is finished. Had to make additional huge payments and penalties on our taxes. Switched to estimated. Hadn't needed before.
Cant really help OP, if you're married the bracket is also dependent on wife's income. If it helps, the more taxes you paid the more money should be in your pocket.
The more you make, the more they take