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Unformatted text preview: our performance 23 Successful Interviewing Understanding how you are evaluated Open ended questions IQ questions Situational questions Your questions 24 How Salaries & Raises Work Salary Levels are Determined By: Supply and Demand Organizational Risk – Up or Out?? Salary Surveys Targeted Pay Bands Inflation Adjustments Business Conditions 25 Changing Jobs? What Works….. 40% 35% 30% 25% 20% 15% 10% 5% 0% Contacts Letters Ads Agency Jobs From Networking is a lifetime job! 26 Pretax and After Tax Dollars 27 Evaluating Benefits Requires An Understanding of Taxes Pre­tax benefit * After tax benefit ** times divided by (1 – Tax rate) (1 – Tax rate) = After tax benefit = Pre­tax benefit value value * Included on your W­2 as income ** Excluded from W­2 income (tax free) 28 Evaluating Benefits Requires An Understanding of Taxes Car Allowance Pre­tax benefit $100 Times (1 – tax X .75 rate) Assume 25% Equals after tax $75 benefit 29 Evaluating Benefits Requires An Understanding of Taxes Car Allowance Pre­tax benefit $100 Times (1 – tax Parking Allowance X .75 rate) Assume 25% Equals after tax $75 $100 benefit 30 Evaluating Benefits Requires An Understanding of Taxes Car Allowance Pre­tax benefit $100 Times (1 – tax Parking Allowance X .75 rate) Assume 25% Equals after tax $75 $100 benefit Divided by (1­ tax ÷ .75 rate) Equals pre­tax $133.33 benefit 31 Evaluating Benefits Requires An Understanding of Taxes Car Allowance Parking Allowance Pre­tax benefit $100 $133.33 Times (1 – tax X .75 X .75 $75 $100 rate) Assume 25% Equals after tax benefit Divided by (1­ tax ÷ .75 rate) Equals pre­tax $133.33 benefit 32 Evaluating Benefits Requires An Understanding Pretax vs. Afte...
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