Super User Raider Nation Fisher Posted October 19, 2013 Super User Posted October 19, 2013 Depends on position being filled regular production workers 1-2 any further up chain 3-4 1. HR 2. Production management 3.Plant management 4. Shrink evaluation for plant leadership positions. Well dang. You would think they could compact them somewhat. Still interesting though. Quote
Super User SirSnookalot Posted October 19, 2013 Super User Posted October 19, 2013 This is a first job, as Root Beer said it may be part time or an entry level position, benefits should not be a primary focus. The object is to get yourself into the workplace, build a resume and hopefully move up in the world. This not an interview for an upper management position, don't see the need for a thank you note, you'll either get the job or you won't. Reading an earlier comment about outworking a manger, may be one of the more inane (insane too) and insipid remarks I ever came across in the business world. Managers and owners are there for a reason, they worked up to that position by learning the business. Totally ludicrous to think when hiring in that one knows more about the function of that company than the person in charge. Owners and managers for the most part work with their minds, and brains will always prevail over brawn. 1 Quote
mrmacwvu1 Posted October 19, 2013 Posted October 19, 2013 Good Job wait till you get your paycheck. Tell FICA to kiss your arse Quote
Super User Root beer Posted October 19, 2013 Super User Posted October 19, 2013 Places give second interviews?!? I've never heard of such. Guess I learned something new today. Seriously? I got interviewed by a person once for analyst position, then two weeks later I was notified I been asked for 2nd interview at their regional office. They paid my hotel, gas, and dinner night before. The 2nd interview was an interview in room with 3 different people for 30 minutes each. Plus small panel interview. I also been interviewed by HR director then had panel interview on separate day in which the controller and assistant controller were sitting across from me. Trades vs carpet walking are world apart in their processes in selecting "talents." Screw it. All those experiences were interesting in their own accord and process does widely vary depending on interviewer's personality. All you can do is give it to them straight and be yourself then hope for best. Edit: to the topic starter, congratulation and always work hard. Be attentive to the little things, you need references going forward so it helps have a great reputation. Quote
Super User flyfisher Posted October 19, 2013 Super User Posted October 19, 2013 Congrats man!! Did any of our tips help? lol Quote
Super User Raider Nation Fisher Posted October 19, 2013 Super User Posted October 19, 2013 Seriously? I got interviewed by a person once for analyst position, then two weeks later I was notified I been asked for 2nd interview at their regional office. They paid my hotel, gas, and dinner night before. The 2nd interview was an interview in room with 3 different people for 30 minutes each. Plus small panel interview. I also been interviewed by HR director then had panel interview on separate day in which the controller and assistant controller were sitting across from me. Trades vs carpet walking are world apart in their processes in selecting "talents." Screw it. All those experiences were interesting in their own accord and process does widely vary depending on interviewer's personality. All you can do is give it to them straight and be yourself then hope for best. Edit: to the topic starter, congratulation and always work hard. Be attentive to the little things, you need references going forward so it helps have a great reputation. I had an interview in my truck during one of my breaks at work. The owner of another company drove to the jobsite and interviewed me there. We were working 14 hour days and I couldn't miss work. He gave me a bottle of water and a protein bar! I thought it was extremely nice of him. Quote
Super User Raider Nation Fisher Posted October 19, 2013 Super User Posted October 19, 2013 Congrats on the new job Homie. Quote
Super User retiredbosn Posted October 19, 2013 Super User Posted October 19, 2013 Congrats on the job! I think the most intensive job interview I've ever experienced was when I went to work for the Federal Prison system. First interview was a an hour + long, second and third were panel interviews complete with psychologists there analyzing your every move. Quote
swagkid300 Posted October 19, 2013 Author Posted October 19, 2013 Good Job wait till you get your paycheck. Tell FICA to kiss your arse thanks, and what's FICA? Congrats man!! Did any of our tips help? lol Yea man, helped a lot! my manager said i was really prepared lol Congrats on the new job Homie. thanks homie! Congrats on the job! I think the most intensive job interview I've ever experienced was when I went to work for the Federal Prison system. First interview was a an hour + long, second and third were panel interviews complete with psychologists there analyzing your every move. thanks! Quote
Super User flyfisher Posted October 19, 2013 Super User Posted October 19, 2013 FICA is a 4 letter acronym that will take part of your paycheck Welcome to the adult world Quote
Super User tomustang Posted October 19, 2013 Super User Posted October 19, 2013 Gotta love the office interview processes.. Interview with a dept manager, follow up interview with talent aquisition specialist, 3rd with HR regular, 4th with a dept director, 5th with HR manager, 6th with hiring manager, hired, background/credit/drug checks... Just to make sure you're not the unibomber/bum/deadbeat ex spouse. Quote
Super User SirSnookalot Posted October 19, 2013 Super User Posted October 19, 2013 FICA funds your social security and medicare, you pay half and the employer pays half. Quote
mrmacwvu1 Posted October 20, 2013 Posted October 20, 2013 FICA funds your social security and medicare, you pay half and the employer pays half. FICA fuds someone elses social security and medicare chances are you will never see a dime of yours Quote
Super User SirSnookalot Posted October 20, 2013 Super User Posted October 20, 2013 FICA fuds someone elses social security and medicare chances are you will never see a dime of yours I'm confident social security will be there, and you will get back every nickle that you and your employer contributed, that's my opinion. As an employee the social security system kind of works like a 401k, as the employer is matching your investment. Just to toss out a hypothetical number, say YOU invested $200k over your working career and received 400k in earned benefits, you're way ahead of the game as your employer has contributed an equal amount. S/E not so lucky they pay the entire 15% by themselves, reducing their yearly disposable income. Your employer is the big loser as they receive nothing for the money they contributed for YOU. Where it gets dicey is that people are living well into their 80's and 90's, not enough money has been funded to cover the expenditure, so our children are coming up with the shortage to fund their parents. That's in a nutshell with no moral or political comment. Quote
Nibbles Posted October 20, 2013 Posted October 20, 2013 I'm confident social security will be there, and you will get back every nickle that you and your employer contributed, that's my opinion. As an employee the social security system kind of works like a 401k, as the employer is matching your investment. Just to toss out a hypothetical number, say YOU invested $200k over your working career and received 400k in earned benefits, you're way ahead of the game as your employer has contributed an equal amount. S/E not so lucky they pay the entire 15% by themselves, reducing their yearly disposable income. Your employer is the big loser as they receive nothing for the money they contributed for YOU. Where it gets dicey is that people are living well into their 80's and 90's, not enough money has been funded to cover the expenditure, so our children are coming up with the shortage to fund their parents. That's in a nutshell with no moral or political comment. If you're working on a 1099 basis, yes, you do pay both portions of FICA, but you also get a lot more leeway as far as deducting business expenses from your taxable income. IIRC, both FICA and income taxes for contractors are calculated based on net income, which is gross revenue minus qualified expenditures (qualified, as in based on IRS expensing guidelines). If you're diligent about keeping receipts and smart about how you spend money for work-related things, your annual disposable income should be around the same, if not more than if you had a comparable income on a salaried basis. There's also the matter of employers tending to be more willing to pay you a higher rate than a salaried employee since they know they won't have to cover your FICA taxes or other misc. benefits. That also helps to offset the extra amount of tax you pay as an independent contractor. Just my 2 cents Quote
Super User SirSnookalot Posted October 20, 2013 Super User Posted October 20, 2013 If you're working on a 1099 basis, yes, you do pay both portions of FICA, but you also get a lot more leeway as far as deducting business expenses from your taxable income. I was s/e for over 40 years, I've taken a few deductions, lol. My comment is about social security not cooking books, doesn't everyone have 2 sets? Quote
Nibbles Posted October 20, 2013 Posted October 20, 2013 I was s/e for over 40 years, I've taken a few deductions, lol. My comment is about social security not cooking books, doesn't everyone have 2 sets? Ah, gotcha. Misread your post when I saw mention of "FICA reducing disposable income", thought there was some implying that needing to pay both halves of FICA was necessarily a financial disadvantage. And I have no idea what you're talking about as far as the books - I only have one set. Information that exists solely in my head doesn't count Quote
Super User SirSnookalot Posted October 20, 2013 Super User Posted October 20, 2013 What I meant was s/e people pay the entire 15% in regards to FICA taxes, reducing their disposable income. What may happen in " the grey area" might be another matter. Interesting and didn't know this until recent, saw on TV statistics indicated incomes averaged higher for employed workers than for business owners and s/e. Quote
Super User Raider Nation Fisher Posted October 20, 2013 Super User Posted October 20, 2013 If you're working on a 1099 basis, yes, you do pay both portions of FICA, but you also get a lot more leeway as far as deducting business expenses from your taxable income. IIRC, both FICA and income taxes for contractors are calculated based on net income, which is gross revenue minus qualified expenditures (qualified, as in based on IRS expensing guidelines). If you're diligent about keeping receipts and smart about how you spend money for work-related things, your annual disposable income should be around the same, if not more than if you had a comparable income on a salaried basis. There's also the matter of employers tending to be more willing to pay you a higher rate than a salaried employee since they know they won't have to cover your FICA taxes or other misc. benefits. That also helps to offset the extra amount of tax you pay as an independent contractor. Just my 2 cents Just learned something new from this. I have a test on all this next year. Plus I'm about to be an independent contractor. Glad I have a good accountant. Quote
Super User Sam Posted October 20, 2013 Super User Posted October 20, 2013 Congrats. Don't forget to pay a lot of F.I.C.A.!!! Quote
Super User Marty Posted October 20, 2013 Super User Posted October 20, 2013 I'm confident social security will be there, I agree. It'd be political suicide to let that program fail. 1 Quote
Super User retiredbosn Posted October 21, 2013 Super User Posted October 21, 2013 I'm confident social security will be there, and you will get back every nickle that you and your employer contributed, that's my opinion. As an employee the social security system kind of works like a 401k, as the employer is matching your investment. Just to toss out a hypothetical number, say YOU invested $200k over your working career and received 400k in earned benefits, you're way ahead of the game as your employer has contributed an equal amount. S/E not so lucky they pay the entire 15% by themselves, reducing their yearly disposable income. Your employer is the big loser as they receive nothing for the money they contributed for YOU. Where it gets dicey is that people are living well into their 80's and 90's, not enough money has been funded to cover the expenditure, so our children are coming up with the shortage to fund their parents. That's in a nutshell with no moral or political comment. I agree. It'd be political suicide to let that program fail. Social Security is already dead, right now its like keeping a corpse "alive" through life support machines. The most conservative estimates show it completely defunct by 2025. From reading the posts I see allot of people still think there is a SS trust fund, NO THERE ISN'T. The trust fund was emptied years ago.The Social Security Administration Trustees were only able to invest the funds into venues that were insured by the government, to put this into everyday speak, the way the trust fund of old gained interest was buying Government T-bill, or bonds. What happened was approximately 2.6 trillion dollars of the trust fund was "invested" in bonds, this allowed a certain administration to show that the government was no longer in debt and actually had a surplus. The trust fund at that point went broke, what it contained then and contains now are essentially IOU's. There are no real assets and no cash in the "trust fund", that is why I stated earlier there is no trust fund, although it exists on paper there is nothing in it. As the "Boomers" continue to retire the system becomes more stressed. Back when the SS program started you couldn't draw until 65, life expectancy was less than 70, so very few ppl drew benefits longer than 5-7 years. For every recipient there were 7-9 workers contributing. Now it's not uncommon for people to draw for 20+ years, add to that there are only 3-4 workers for every recipient, as more "Boomers" reach 62 the ratio of worker to recipient gets worse. When we reach a point that there are only 2 or less workers per recipient, the FICA tax rate will have to change to match what the average recipient receives! Workers will have to pay around 1000 bucks or more per month to finance SS (Social Security) in addition to their usual taxes. Changes have to be made, drastic ones, for SS to last more than 10 years. The age at which you can start drawing benefits will have to be raised, I also think there will be a needs test assessed as well, in other words if you invested and prepared for retirement don't plan on receiving any SS benefits, there are thousands upon thousands of SSI recipients. SSI is SS benefits paid to ppl who never worked a day but due to disability or other limiting factors can not work, the rate of SSI is around 700 bucks per month. The SSI program is where most of the fraud and milking the system occurs, it is also easier to get than true SSD ( social security disability). I know of people put on SSI due to alcoholism, drug addiction, depression, carpal tunnel syndrome, the list goes on and on. It is also a huge amount of money that the SSA pays out per month. If you really think the SS Trust fund is real and self supporting, then ask yourself this question: "Why are we told during every government budget crisis that Social Security benefits cannot be paid?". Either we have the money or we don't. Quote
Super User SirSnookalot Posted October 21, 2013 Super User Posted October 21, 2013 Just learned something new from this. I have a test on all this next year. Plus I'm about to be an independent contractor. Glad I have a good accountant. Tell your accountant only what he needs to know, not everything YOU know.........hehe, Quote
Super User Root beer Posted October 21, 2013 Super User Posted October 21, 2013 Tell your accountant only what he needs to know, not everything YOU know.........hehe, Raider, should you heed this advice, your accountant would not get in trouble. It would just be you. You gotta love limited liability. Quote
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