With the factor of a 10 percent down payment and an average interest rate of 2.27 percent on a 9-year
All a fresh graduate buyer need is a letter of employment or a month’s salary slip to qualify for
1.5 S.As appealing as the prices are for the Vios facelift, you might be wondering whats the minimum salary
insurance) as an example, the monthly repayment is roughly RM 1,100 per month, assuming 2.25% interest rate
quite a substantial footprint.Geely claims that the Haoyue has an impressive interior space utilisation rate
service (amount, tenure, and interest).To keep things simple, we’re going for a 2.27% p.a. interest rate
Your car ownership experience isn’t complete without having at least one flat tyre incident.
picturedThe all-new Nissan Almera has a starting price of RM 79,906 (on the road, without insurance), meaning
Question is, what’s the minimum salary you need before you can apply for a loan?
What’s more, the rate at which the body rolls and rotates are deliciously matched with the steering.This
100k.The range-topping X-Terrain variant is priced at RM 142k.Question is, what’s the minimum salary
Imported new cars will be given a 50 percent discount on sales tax, meaning that sales tax is still applicable
In 1949, the loan tenure for a VW Beetle was 12 months with an interest rate of 9 % per annum.
The Toyota Yaris has a starting price of RM 70,940 (on the road, without insurance), meaning that the
When the Proton Saga was first launched in 1985, a fresh graduate who earns a monthly salary of RM 1,000
The Mitsubishi Xpander has a starting price of RM 91,358 (on the road, without insurance), meaning that
DC Fast Charging can be done at a maximum rate of 50kW (80% charge in 36 minutes).
massive.This was achieved by clever interior packaging as the Haoyue boasts an interior space utilisation rate
, if you plan to finance a used car, expect to pay a bit more in interests, as the average interest rate
without insurance), the monthly repayment is roughly RM 700 a month, given a 2.27 percent interest rate
Pro-4X variant start from RM 142,200 but if you’re tempted to buy one, how much is the minimum salary
’In truth, there is no deep zen-like meaning behind the Lexus name.
Customers are entitled to a low-interest rate from 1.88 percent and a 1-year warranty during this promotional
Well, youve come to the right place as we will show you how much is the minimum monthly salary required
excluding insurance), the monthly repayment is roughly RM 740 a month, factoring in a 2.27% interest rate
from RM 79,200 for the Proton X50 1.5T Standard, it sure does look like a tempting deal, but is your salary
battery with the connectors and the atmosphere.A battery with come corrosion on the terminals is not flat
Halim Mu’adzam Shah Bridge (JSAHMS) Seremban-Port Dickson HighwayAlso read: Gov postpones toll rate
rendering of how it could look like.The all-new Japanese coupe is expected to be powered by a 2.4-litre flat-four
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Do auto techs make good money? Generally, mechanics make a decent living, earning a median annual salary of $36,600. But most are paid according to a “flat-rate” system, meaning that they only make money when there is actual work to be done.
He's not wrong. We tend to just lock salary numbers in at a certain meaning from when we were growing up or in school. As if there's any sanity in that.3% flat rate inflation, for rough-sketch sake:$100,000 in 2020 = $55k in 2000$41k in 1990
Generally on par with each other. The biggest factor is in the labor charges, and whether the techs are paid by "flat-rate" or by salary/hourly wages. In flat rate, each vehicle repair has a set time (an unfair one for the customer) for completion. This time is established using standard tools. A good flat-rate technician can easily put in 60 flat-rate hours in a 40-hour work week. The auto dealerships are almost exclusively flat-rate, meaning that the customer is often overcharged, in relation to reality. An independent garage may or may not use a flat-rate guide, like Chilton's, for estimating, and billing. The problem is, with Chilton's and others, is that each step has it's own rate, independent of whether part of it is also part of another repair being done at the same time; in effect, you are double-charged. Many independents take a midway decision...using flat-rate to determine an estimate, and then, using experience as a guide, shortening (or sometimes lengthening) the time, based on actual time spent. Sorry, but there is no easy, cut-and-dried answer for you.
Certainly not (although we, here in France, often complain about our Sécurité Sociale - Health insurance). All employees have 0.75% of their salary deducted for Social Security whatever their salary, or wealth, while their employers pay 12.89% of an employee’s salary into the system. This gives me free (or almost free) access to a general practitioner and a dentist ,of my choice,, provided the doctor charges the flat rate (23€) which many do. Public hospitals are free : emergencies, in-patient treatment, operations, childbirth are free. Most exams by a radiologist, a medical lab, etc. are free, as well as physiotherapy. Most of what I get from the chemist’s with a doctor’s prescription is free. What I personally have to pay a lot out my pocket for is : visits to some specialists (gynaecologist, cardiologist) although I could choose to go to a clinic which charges the flat rate. Dentures (crowns) and dental implants remain very expensive. So, on the whole, I would not opt for another system since our health system is excellent. By this I mean : doctors, hospitals. This covers the whole family, including children up to the age of 26 (it might be more, I would have to check on that) if they are students or unemployed. If only one spouse works, the other one is covered too.
It sucks. The conditions are horrible and the pay is worse. I’ve worked in Air conditioned shops on high end luxury cars and it still sucked. If you don’t have the luxury of air conditioning it’s even worse. Winter isn’t bad but summer is miserable. You never really get ahead. Some jobs you come out ahead on and make time but others you lose your ass. If there are no cars coming in that need work, guess what? You don’t make any money! You see, mechanics in the US get paid on flat rate which means each job pays a set amount of time. Job A pays 2 hours so if you’re making $25/hr that means you make $50 for doing the job. $50 whether it takes you the 2 hours or whether it takes you 45 minutes or whether it takes you 4 hours due to complications. So yeah, sometimes you win, sometimes you lose but it usually evens out in the end, and that’s frustrating. The entire idea of flat rate is to beat book time but it’s more and more difficult these days. All you do is chase it and wear yourself out. When I was still a mechanic, all the old guys would say they made a lot more money back in the 80s despite having less experience, fewer tools, and less training. They warned me to get out while I still could and I took their advice! Best thing I ever did, besides going to automotive school in the first place. There’s little vacation time, poor health insurance, no 401k and no real opportunity for advancement. My plan all along was to move into management but I found that if you’re good at fixing cars, they want to keep you there because you make them money! You know what would fix it? Get rid of flat rate and make it a salaried job with bonuses and real benefits like every other professional. The current system is antiquated and takes advantage of an old school train of thought that doesn’t apply to the current state of affairs in automotive repair.
The basic reason behind having income tax brackets is that income tax is a ,direct tax, and the burden is borne directly by the person earning income. The fundamental logic behind the income tax slabs is that a poor with lesser income should pay no/lesser tax on the income as compared to a rich person with higher income. The income tax bracket for financial year 16–17 is as follows- Upto Rs.2,50,000- NIL Rs.2,50,000 -Rs.5,00,000- 10% Rs.5,00,000-Rs.10,00,000-20% Above Rs.10,00,000–30% A single tax bracket of 10% would mean that a person earning 3 lakh per annum would pay tax at 10% and so would a person earning 3 crore per annum. ,Is this justified? It would mean taxing a small businessman and the likes of Ambanis and Birlas with the same tax rate. ,Is this justified? If anything is justified here then it is taxing the rich with higher rates and the poor with lower/nil rates. Furthermore, a salaried person moving to a higher tax bracket on earning more income won't pay taxes at higher rate on his whole income. He would be paying income tax at higher tax rate only on such incremental income. Hence, a flat rate of tax (10%) won't be a great idea. For anyone with a second opinion, I am concluding the answer with an image to ponder upon. (Google image)
Some things many, many countries ,ought, to do almost immediately:— Flat-rate personal income tax Introduce a flat-rate personal income tax for individuals on salaries, wages and similar time-rated income. This will incorporate a stepped scale of pretax deductibles — personal allowance, per-head children’s allowances, and similar. The stepped scale for deductibles mean that individuals with families and other dependents get more tax breaks in line with their increased expenditures. The reason for this is that salaried people and wage earners are very much locked into their jobs, and their income tend to be fairly static with little or no upward movement generally. It’s not like salaried people have the potential to earn ‘profits’ like companies can. Removal of ‘provisional’ personal income tax ‘Provisional’ personal income tax is ,part payment of the expected tax that the authorities calculated or assessed for the next tax year,. The idea (excuse?) is that such provisional tax paid can be returned to the taxpayer if the tax liability turns out to be lower when the tax return is finalised. This kind of taxing people for ,not-yet-earned income, is pretty unfair if we step back a bit and look at the overall picture. It doesn’t help the individual taxpayer and doesn’t help the overall economy either — that money could’ve been used by the taxpayer for anything else if it hadn’t been funnelled into feeding the tax authorities. I don’t doubt the tax authorities’ honesty and desire to pay back all overpaid tax to the taxpayer, but it’s going to take time. Broadly speaking, the individual taxpayer is in more pressing need of cash than (say) companies, and ‘future’ tax paid does not help the individual overall. It is more efficient for the government to operate that provisional tax system on company profits and to do less politically inspired ‘subsidising’ of industry sectors. Removal of worldwide tax liability for individuals In other words, taxation on basis of ,territorial source of income,. For instance, many countries have worldwide income tax — meaning the individual is taxed in both the overseas and home countries. Governments need to unstick their heads from their asses and get their priorities straight. Most overseas-working people are not “salary kings” but mere salaried workers, so it’s extremely unfair to tax them on both ends. Tax the multinationals and companies with overseas operations, not the overseas-working citizen. Profits tax on two flat rates and one sliding scale Introduce a 3-tier profits tax system for business entities. Tiers 1 and 2 are strictly flat-rate profits tax,, based on turnover or profits (whichever is easier to do). It’s very, very easy and cheap to implement and operate. Tier 1, is the lowest ,flat-rate, profits tax. This nets the general run of small and semi-small businesses (especially those that are unincorporated). Remove provisional profits tax requirement too — it doesn’t affect government revenue, but it affects the health of the business and jobs. Retain existing system of tax deductibles. Tier 2, is a higher ,flat-rate, profits tax. This nets the general run of semi-small and midsized businesses (especially those that are incorporated). Introduce a low provisional tax requirement to aid government revenue. Retain existing system of tax deductibles. Tier 3, is the full corporate tax structure — the ,sliding-scale, profits tax that’s the existing structure in nearly all countries right now. Tier 3 would be required to pay provisional profits tax (because most will be able to do so). Broaden the tax net Some extremely ‘wealthy’ entities pay absolutely no tax. This creates a hostile environment for everybody else because of their being excused on the grounds of religion, or the doctrine of ‘cannot tax knowledge,’ or some other artificial excuse. Full tax exemption only for charities and NGOs, with actual charitable or humanitarian operations. This cuts down on the morass of organisations registrable as charities but the overall complexion of their operations isn’t charity work. Special tax structure for churches, religious bodies, and other NGOs, — either Tier 2 flat rate or introduce a higher flat rate. It’s way past normal to allow these organisations to go on living untaxed, considering the kind of wealth most have. Special tax structure for universities, and similar level of educational establishments. I personally don’t favour a flat rate (because universities have the expertise and resources to defeat this), so a sliding scale lower than the corporate rate seems preferable. More tax breaks for more ,applied, research projects. Lots of tax experts have discussed and explained the various criteria that are usable to determine the tax liability of organisations that are currently untaxed — so I won’t go into this. Sales tax I have no opinion about sales tax or VAT. If there is one, keep it. If not, don’t introduce it. If it has to be introduced, start off really low and on a flat rate. What I would do is to stop the ,ridiculous, U.S. practice of the retail price not inclusive of the sales tax — the price shown ,must already incorporate the sales tax, and is the price payable. Tax payment Governments need to respect their taxpayers. Individuals and small businesses ,ought, to be given the option to ,pay tax by 2, 3 or 4 instalments, (interest-free, of course, because it’s ,tax, after all). For the government, this has the advantage that money is always coming in from that part of the tax net. As mentioned already, the individual (as well as the small business) is in more pressing need of cash in most practical situations. People ,do understand, that tax is a necessary obligation, but don’t punish them with a lump-sum requirement — the result is tantamount to gutting them every single year of their savings. If the government could handle the complexities of subsidising various industry sectors and trade deals, then running a instalment payment system is just simple beyond belief. That’s about it for now. All of the above is based on pure common sense.
I guess it depends on how you define 'mechanic' and then upon other things. If 'mechanic' means 'service technician', who is an employee of a business that sells automotive repair services, they are sometimes paid hourly, and sometimes they're paid the 'flat rate' meaning their hourly pay times the number of hours the flat rate manual says the job should take. The flat rate manual figures assume that it will take the average mechanic, with average mechanic's tools, "x.x" number of hours to perform a defined repair job on a given year, make, and model of vehicle in average condition. A highly skilled technician with excellent tools can usually get the job done more quickly than the flat rate manual says it should take, especially so if they're lucky enough for the vehicle to be in better than average condition (mostly factoring rust, corrosion, and other deterioration of parts that can complicate a job). The advantage to 'beating flat rate' would be that you can fit one or two more vehicle repairs into a work day and take home a bit more money as a result. Now, if you take your vehicle to an independent shop where the repairman is also the shop owner, he may very well still use the flat rate manual, but he will figure your bill as "x.x" hours times his posted hourly shop charge, of which his pay will be a fraction. The larger shops will generally do this, too, of course, but the shop owner or management will set the pay of the technician. The mechanic who owns his own shop can probably give or take a bit on that if necessary. The important thing to remember about a posted shop charge is that it covers the total costs of running the shop, to include rent, utilities, insurance, hazardous wastes disposal, taxes, costs of tools and equipment (figured as the cost to acquire a piece of equipment, such as a service lift or air compressor, amortized over, say, 40 hours per week for as many weeks as it's expected to be in service) and then the owner/mechanic's profit (his 'pay'). Expenses other than labor are 'overhead' and exist whether there are any customers or not. The idea is to try to always have work to do during each of 40 or more hours during the week and to have each hour pay it's share of those expenses plus the profit and/or pay of the technician making the repair. In my neck of the woods, $80-100 per hour is typical for a shop charge, but the owner and/or actual mechanic is actually only making on the order of 10-20% of that, despite the fact that people often refer to that shop charge as 'labor'. It's a whole lot more than that!
Experience, a labor guide, and guess work. Let’s say, for instance, you quote a rear drum brake job, including wheel cylinders, at 1.8 hours. Initial feeling is this is a bit high. You get into the job and find the brake lines across the rear axle do not separate from the cylinders. Not uncommon. So you replace the lines but now you are hoping and praying the bleeders on the front calipers will open without spending a lot of time to bleed the brakes. You quote an exhaust manifold and find multiple broken studs. I live in Michigan where things rust. Maybe in New Mexico it’s not an issue. Maybe that “direct interchange” salvage yard “drop in” engine is not quite direct and the timing cover needs swapped or the valve cover or oil pan is broken. This effectively just went from engine remove and replace to long block remove and replace - different book times. On the other side if you bring your vehicle in for front end work and end up needing tie rods, ball joints, and sway bar links if the person estimating them all doesn’t take into account overlapping time it can create an issue where labor is estimated and charged overly high. There are some jobs that you cannot make book time on such as oil changes and tire rotations and some that book time should be easy like brakes. They should even out. So ideally we look at the vehicle first. Figure out what’s wrong. Look at the book time then make an educated guess. I track hours in the shop. I hate flat rate time for techs because that’s just one more fight so everyone is salaried. It works for me. The shop is physically two sides though not really that divided. The “head” techs on each side I don’t really worry about because they are the ones who get jobs that look like they are going sideways or, worse, are already going sideways. They also get interrupted about 72 times a day to “hey can you come give me a hand”. Contrary to the idea that “labor rates screw the customer” my target for each tech is 35 hours a week. I don’t get really concerned and try to figure out why unless I bill out less than 30 or more than 40. Long term tracking, literally years, says I should expect between 30 and 35 hours a week. Maybe I’m not aggressive enough. Maybe working on salary means they are not aggressive enough. If we lived in New Mexico it would likely be higher. In the end the numbers work ok for the business, I don’t destroy my reputation in a small town, and we continue to be there for approaching 50 years.
I’m trying to avoid spoilers for the final season so I’m not digging ,too ,deep into this beyond the basic information. Here’s what it might indicate: Jaime legitimately does make it through all six of the final episodes and Nikolaj Coster-Waldau’s pay reflects that. In which case … is that surprising? I’m extremely iffy on Jaime’s overall survival but I think he’s clearly someone who could reasonably be expected to make it to the end even if he doesn’t ,survive, the end. It really depends on how Coster-Waldau and his fellow bargaining band — Dinklage, Headey, Harington and Clarke — negotiated their salaries. Was it done on an actual per-episode basis, or were they given a flat rate that corresponds to X amount of money per episode? Not all of them appear in every episode either in any given season, and some of them have more or less screen time than the others depending on the season, yet as I understand it they all bargain collectively at this point. I’m not sure how their contracts break down and how pay works when Clarke is in episodes 2, 3 and 4 but not 5, or Harington is in 2, 4, and 5 but not 3, and so on. We also know that the production team rotates quite a bit and that the actors may shoot episodes out of order. That is to say, I’m not sure a per-episode breakdown in pay tells the whole story. We know that alternative footage was shot to better protect the ending. Presumably most of this alternative footage would have been for storylines in the final episodes. It could be the case that Coster-Waldau shot “dummy” material ,for which he was paid ,even though that material was never meant to air. I would not put it past HBO to pay out its core troupe for all six episodes just to preserve the mystery of who makes it to the end and who doesn’t. As I said earlier, I really have no idea exactly how the contracts work in terms of per-episode pay vs. an average salary across all episodes — but if I’m HBO, I would rather pay an actor for a few extra episodes and maintain some sense of suspense than have contractual dirty laundry possibly get out and spoil plot points. I know this situation is kind of a freak incident, with Coster-Waldau and his ex-manager, but still. So I don’t think it necessarily has to mean anything either way. And we won’t know for sure until the end anyway. *shrugs*
A UBI, or universal basic income, is required to maintain the economy. ,Policy brief: Would a universal basic income reduce poverty? Increased automation and offshoring has decimated the incomes of Americans. The middle class has steadily declined since 1980. 2. Inflation has caused prices for the essentials to be very high. 3. Wages have remained stagnant. When inflation is factored in, Americans make $17,000 less than they did in 1979. 4. It has been argued that inflation would simply increase and make the UBIworthless. However, small scale experiments have been performed to test this issue. The results were surprising. There was no significant increase in inflation when UBI is implemented. A new study debunks one of the biggest arguments against basic income Richard Wolff is a top economist. Here is his response to UBI: “…. As other commentators have pointed out, in capitalism there are basically two sources of income: labor and property. Labor incomes include wages, salaries, fees for services rendered etc. Property incomes include rentals, profits, dividends, interest, capital gains and so on. The key point here is that capitalism already dispenses income to people ,unconnected with their work., ,So UBI would NOT be a new ideas in the sense of disconnecting income from work. What UBIdoes is make that disconnect universal, for everyone rather than just for owners of income-earning property (usually a small minority of the population). If we do not believe that providing income without requiring work to property owners has not dampened their incentives to be socially productive, I see little reason to worry about that in regard to universalizing such a basic income distribution so everyone gets it. The way to do this is also simple: tax property income and distribute it equally to all persons. Framed in that way, yes, UBI could be a step toward the next system, toward doing better than capitalism Paul Krugman’s opinion on the UBI: ,Krugman's Argument In Favor Of A Universal Basic Income CRITICISMS AND MARXIST ANALYSIS A UBI still maintains capitalism, which is oppressive. ,The majority of the profits from the automated workers will still go to the owners,. A UBI could be used as a, social control measure to keep people from revolting and asking for more,. The UBI could be susceptible to adjustment for political reasons. A UBI might discourage people from achieving an even better system—communism. If the proletariat seized the means of production—the robots—then they could abolish capitalism altogether. The value created by the robots would be shared. The gains in productivity could mean less or no working for humans. The opening up of leisure would eliminate the alienation caused by labor that is oppressive by its own nature. Human beings would be free to learn musical instruments, paint, and become better people. This is a goal of Marxism. This part is good. Marxists have voiced serious concerns about the UBI. ,The False Promise of Universal Basic Income | Dissent Magazine Another problem would be if the UBI were given as a flat rate as a substitute for other forms of assistance. Not everyone has the same level of need. Someone might be facing homelessness, mental health issues, and have more serious needs. A flat rate that replaces other services might be a real detriment to someone like that. The worst aspect of it is that it is used as an, excuse to privatize public services, which is against the very fabric of civil society. It is used to put chains on people instead of free them.
“Row house is an Asset. Flat is a Liability” “We Indian have the WRONG thinking that its okay to dump lifetime saving and throw 50% salary to make builders super rich. Developed countries don't follow this” “,Flat in Metros is expensive than US. We earn 5% of US counterpart; Still we think there is no bubble!”,. Learn from them, they earn atleast 10 times than you and still cautious on purchasing flat! At Same Flat EMI on average you can have 1.3x rowhouse in US. That is 3BHK carpet 1200 sqft EMI is equivalent to 1500 sqft bungalow. (US home loan - 3.5%) In 2009-10 3BHK ~ 35 Lakhs Today 3BHK ~ 70 lakhs EMI ~ 1 lakh+ (7 years loan,) Problem: ,We Indians are intelligent than US Citizen, so we will not mind having huge debt which take 10–20 years, we know that we c,an't survive 6 months out of job, because it will require saving of 8 lakhs! Which is very rare. But we will work like no tomorrow. There are huge references of people who purchased flat at half price, so now we - couples are ,forced, to purchase flat. Now, flat rates are declining so resale of flat in distress will not cover your complete home loan. No. 1 reason of purchasing flat, is troublesome owners and unprofessional agents ,who want brokerage every year, and insist on 10% increase. Rent are at peak today. But rent can come down as it is pure supply chain market. In recession we get our rent reduced by 30-40% in a month! EDIT 1: ,Rent can never cross above 30K, even if you have villa - if it crossed, you need to find tenant every 6 months unless you rent to company. Why? because tenant will surely find more economical place to stay and will transfer. I have seen many 3BHK at Kharadi, renting 35K in best society (2000 sqft)- not gone for years! Rents revenue are all set to fall, there is no way it will be able to sustain at current rates. 1 month non occupancy automatically result into 2–3K per month loss. Its pure Supply- Demand market. What is real estate crisis? 2006 flat rates were 4500 rs sqft at premium location of Pune. 2007 flat rates were 2300 sqft at premium location of Pune. So in tenure of home loan, anytime, your wealth can be half. It means resale is not option to repay defaulted home loan. Lastly, Just like Car, flat is depreciating asset. Solution: ,Buy only when you have 50% money upfront. So lets say you target 3BHK ~ 70 lakhs and don’t have patience to wait for 2–3 years (next recession), You should have 40 lakhs investment. This will take off all your burden. If you don’t have, start investing - prices are not running from here. It will be same for next 6–7 years., Your 20 lakh saving today may double to 40 lakhs in 7 years.