OT as a raise
Posted 03 August 2012 - 10:13 PM
Posted 04 August 2012 - 08:37 PM
or, change the title of this thread to "when is a raise not a raise"
You might want to ask about the role of OT in calculating income over in the mortgage forum which is the type of loan it might matter the most for.
Posted 17 October 2012 - 05:01 PM
Edited by Burgerwars, 17 October 2012 - 05:02 PM.
Posted 10 February 2013 - 12:39 PM
They are trying to get over on you. If you deserve a raise they need to do just that and give it to you. Overtime is something that I personally like to do at my own discretion. Plus working overtime can put you in a different tax bracket and cost you. So think of this before you agree.
Posted 17 April 2013 - 03:42 PM
Agreed with the sentiments of the pp, just wanted to add for mortgage loans, they may factor in your overtime if it is consistant over an extended period. My dh works regularly overtime due to the nature of his employment. He was asked to bring at least a year of overtime pay verification. The amount was used to factor in our monthly income amount.
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