Reading Time: < 1 minute As a business owner, you shoulder many responsibilities — but have some perks as well. One benefit worth considering is setting up your own retirement plan that allows you to make larger contributions than you could as an employee. For example, the maximum 2015 employee contribution to a 401(k) plan is $18,000 —.
Reading Time: 2 minutes Hiring Temps vs Full-Timers sometimes makes sense for a business. But you have to make the decision wisely and comply with federal regulations classifying employees and differentiating them from temporary workers. If you don’t, you may find yourself in court as many other companies have in the past few years, when they were sued by.
Reading Time: < 1 minute A business can offer many things as fringe benefits. So it’s a good idea to occasionally review the possibilities to see whether you might be missing something that could help you attract and retain the best employees.
Reading Time: 3 minutes In summer, it’s easy for your employees to get lost in their thoughts: daydreaming about the beach, the mountains and exotic destinations. You may be just as distracted as your workforce. So, what’s the best way to deal with the doldrums at work? First, acknowledge that it’s often harder to motivate employees in the summer months. If.
Reading Time: 2 minutes The national average paid out by employers for employee benefits is 39 percent of total payroll costs. This figure comes from the U.S. Chamber of Commerce, based on a survey of nearly 400 U.S. companies of various sizes, industries and geographic locations. Here are some of the specific figures from the survey: One in.
Reading Time: < 1 minute Workers Compensation is a major expense for manufacturing firms today. A couple of ways to reduce costs, of course, is the reduce the frequency and the dollar amount of claims filed. But no matter how careful you are, accidents and injuries can still happen at manufacturing plants.
Reading Time: 2 minutes If your business is being set up at the same time that you begin using QuickBooks, then the system start date is the date you begin using the program. In this situation, there are no historical transactions to be entered and there are no opening balances. However, this is rarely the case.