Entrepreneurs: Looking to Hire? Avoid These 3 Hiring Mistakes

Ms. Career Girl

It’s important to be realistic about your cash flow and work needs before adding someone to the payroll. Remember that hiring new staff comes with paying the necessary taxes and insurance, in addition to a salary.

2020 226

should I stay at a job I don’t like if it could lead to a big pay-off in a few years?

Ask a Manager

When I joined this company almost two years ago, my job description was for full cycle accounting but in reality I am more HR, payroll, office manager, and executive assistant than I am accountant. Subtract the health insurance difference and let’s call it $6,000. salary

2021 29
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my family business is a mess, I name a really low salary expectation, and more

Ask a Manager

Even though I know nothing about HR, health insurance, 401K administration, payroll deductions, and a myriad of other issues, those are all items that I have to manage day to day. I give a very low number when asked for salary expectations. I know this is a huge pain and it would be nice if employers just told you what they plan to pay, but most of them don’t and you’ve got to do your own research so that you’re able to have a reasonable salary discussion with them.

2018 20

2013 Holiday Season Pay Practices

Resume Bear

Also listed below are the rules for bonuses and gift cards related to the Fair Labor Standards Act (FLSA), payroll taxes and withholding. If an employer gives its employees $35 gift cards–for example, to the grocery store or a shopping mall–the gift will be treated as income and is subject to payroll taxes and withholding, along with the rest of the employees’ income. Employer Tips Infographics Salary Trends employer tips holiday pay infographic

2013 123

8 Ways the Workplace and Workday Are Different Due to Covid-19

Ms. Career Girl

When you see your colleagues in the office daily, you take for granted that you can ask your accounting friend a payroll question by strolling over to her desk. If you kept your job throughout the pandemic thus far, you probably experienced a few changes to the way things work.

2020 151

How the Paycheck Protection Plan Can Help Save Your Business

Evil HR Lady

This allows you to borrow based on your payroll, rent, and utility needs. Payroll costs definition. “Your Schedule C profit would put you in a similar position (slightly better maybe) as an S corporation owner who paid himself a reasonable salary.

2020 235

Financial Advisor Statistics: Industry Growth and Income Potential

The Corporate Con/noisseur

Financial Advisors Salary Outlook. According to Payscale, financial advisors’ average salary is $58,078. So, how does advisors’ salary differ in regards to work experience? Those who’ve stayed in the field for 1-4 years can expect an annual salary of $57,000.

2021 52

5 Questions: Should Amazon Employees Take the Company Offer (10K, 3 Months Pay) to Quit?

The HR Capitalist

Here’s the details of the announcement: The company announced they will pay two to three months salary and $10,000 in startup costs if an employee will quit their post and start a package delivery service. You’re going to burn the f###ing trucks by month six, end up in jail for arson, insurance fraud and divorced. Unless you passed my 5-question quiz with flying colors, stay on the Amazon payroll.

2019 90

Rebuilding Your Career After Being Fired or Laid Off

Ms. Career Girl

The ramifications of job loss are staggering for all workers, entry level through senior level, but particularly for mid-career workers who have serious family and financial obligations like a home mortgage, car payments, insurance, healthcare, child care, and tuition bills for the kids. You are no longer Sarah Jones, Marketing Director for Adobe, or Kelly Smith, Sales Manager for Metlife Insurance; now you are just plain Sarah and Kelly. It comes when you least expect it.

2018 118

How Could Blockchain Disrupt The ‘Big Data’ Industry And Its Analytics?

Imarticus Learning

According to Glassdoor reports, the annual jump in recruitments for blockchain jobs for August 17-18 was 300% and median salaries paid in India for professionals with blockchain training were above the national average salary by a considerable amount! Hiring, Logistics, Payroll, Marketing, and Supply-chain Processes:  Switching to blockchains makes organizational processes verifiable and almost error-free and requires no intermediaries.

2019 43

my boss is giving me gifts of his own money to make up for my low pay

Ask a Manager

A reader writes: My question is about salary, bonuses, and gifts from bosses. When I started, I made the mistake of not asking for enough money — I was just desperate to get out of freelancing and have health insurance, and had no idea what to ask for. Part of the reason for this is that HR seemingly refuses to reclassify me as a salaried employee, which would change my bonus potential. salary

2017 20

Put a Ring on it. 2012 Employment & Jobs Outlook.

Workology

As the economy slowed in the beginning of this recession, companies buckled down and made payroll cuts laying off millions of workers freeing up much needed cash flow to account for the decreases in sales and revenue. Companies are responsible for offering benefits to employees in addition to paying for social security, unemployment insurance, and employment taxes in addition to the employee’s salary or hourly wage. Job Seekers to Employers: Put a Ring on it.

2012 96

Hi-Tech Companies Are Poaching Your Talent with Amazing Perks

Workology

TrackVia offers perks like unlimited vacation and 100% paid health, dental and vision insurance plans, as well as free access to public transport for those employees who commute via train, shuttle or bus. Spouses of deceased Google employees or their domestic partners receive 50% of their salary for 10 years. Outside of employee payroll, benefits are often the second-largest organizational expense, accounting for 30% or more of an employee’s annual salary.

2012 97

The Frightening Fact New Grads Should Know Before Entering The Workforce

Career Realism

No health insurance, no sick days, no vacation, no paid time off, nothing. Contract jobs rose in popularity in the last 15 years when employers realized they could save a substantial amount of money on payroll, employment taxes, and benefits by hiring contractors. The initial allure to the contractor was a guaranteed salaried job after ‘proving themselves’ worthy during the contract period as well as less dedication.

2014 71

I was told to ask more questions, recommending high-priced products at work, and more

Ask a Manager

The acne medicine I use now costs $10 with insurance. She presumably has some idea of what salaries you’re all earning. Interviewers who ask about salary history when it’s illegal. And to be clear, the law doesn’t really say “we” can’t talk about salary history.

2020 30

the end of open offices, I keep missing meetings, and more

Ask a Manager

We’ve been paying her full salary and benefits for over a month now while she stays home since before our local stay at home order came through. As long as we’re both still getting our full salaries, we can afford to keep paying her just as we would in normal times.

2020 28

Virginia & Maryland Tech Sales | TML (A Xerox Company)

Career Realism

Car allowance for Sales Reps, mileage reimbursement or company vehicle lease (including gas, insurance, and detailing) via payroll deduction for Service Techs. for every $1 contributed, up to 6% of your salary. Group life, AD&D, and LTD insurance at no cost. Valid driver’s license and minimal level of auto insurance coverage required. Virginia & Maryland Tech Sales | TML (A Xerox Company) Work It Daily.

Tulsa & Oklahoma City Tech Sales | OneSource (A Xerox Company)

Career Realism

Car allowance for Sales Reps, mileage reimbursement or company vehicle lease (including gas, insurance, and detailing) via payroll deduction for Service Techs. for every $1 contributed, up to 6% of your salary. Group life, AD&D, and LTD insurance at no cost. Valid driver’s license and minimal level of auto insurance coverage required. Tulsa & Oklahoma City Tech Sales | OneSource (A Xerox Company) Work It Daily.

even if they return to work, will furloughed workers ever feel secure again?

Ask a Manager

A reader writes: My company was fortunate enough to get a payroll protection loan last week, so all of our furloughed people were able to come back yesterday and, I believe, most salary reductions were reduced though not quite back to normal.

2020 27

it’s your Friday good news

Ask a Manager

It was truly awful – bait and switch on what the job consisted of, hidden info about company instability (they hadn’t been able to make payroll in the weeks leading up to me starting my role), a terrible product, etc.

2021 28

think you want to work for yourself? here’s what you should consider.

Ask a Manager

And payroll taxes will not be deducted from your paychecks, which means that you need to be disciplined about setting aside cash regularly and making the quarterly payments the IRS requires. You’ll need to purchase your own health insurance. You should think about other forms of insurance too, like life insurance. Since you won’t be getting any amount of life insurance through an employer, you may need to purchase a policy on your own.

1099 20

employee was late on his first day, loaning money to a coworker, and more

Ask A Manager

My new employer seems very sketchy about payroll taxes. My actual question is this: there may be some kind of payroll/tax fraud going on also, or maybe it’s just stupid. There is no payroll service of any sort. Can I lie about my salary history to avoid having it used against me? I’ve been underpaid for years, and I can see the opportunity to get a sizable salary increase if I move to corporate.

2013 54

what are the bare minimum benefits an employer needs to provide?

Ask a Manager

I get it, I really do, but I’m of the mind that there should be a basic benefits package factored into total compensation … not just an hourly rate and payroll taxes. It’s similar to why you’d pay salaries that are at least market rate: if you don’t, you’re not going to be able to attract or keep high-quality employees. A reader writes: I have a question regarding employee benefits.

2018 30

becoming a receptionist against my will, baking for one employee but not the other, and more

Ask a Manager

She has been at the organization for 13 years, eight in the ED role, and while planning for her sabbatical, she convinced the board to pay her at 40% of her salary while she is gone (and accrue vacation!). So yeah, I wouldn’t look at his current pay as a base salary.

2020 28

why it’s complicated for your employer to let you work from another state

Ask a Manager

Keep in mind, too, that as a contractor you’d be responsible for your own payroll taxes, which means you’d be taking home less money at the end of the day, unless your employer was willing to pay you more money cancel that out. But because we don’t have an HR department, we failed to think through the implications of having an employee in California, such as an increase in workmen’s comp insurance. Two letters on a similar theme: 1.

wee answer Wednesday: 7 short questions, 7 short answers

Ask A Manager

My boss has suggested (but not acted on it yet) that she switch me from full-time salaried employee to a contract employee so that I am not on company payroll, therefore reducing her payroll taxes, because I do not use company offered health insurance. I am the only person in the company who does not take the insurance, so she says I do not need to be on payroll. Good thing I asked, my insurance ends at midnight on my last day.

2012 53

the best day of the week to apply for a job, email accounts for former employees, and more

Ask A Manager

The one we do have is full of medical bills because said job decided not to cover our son on my insurance and didn’t tell me until he was four months old (different story entirely). I have a question about salary negotiations when moving from a temp position to a permanent position. In fact, making you an employee might actually end up being more expensive for them once you factor in benefits and payroll taxes. It’s five answers to five questions. Here we go….

2014 58

Prove Your Performance in 2010 | ResumeToReferral.com

Resume to Referral

private payroll. At the same time, health insurance costs were rocketing upwards. We won’t have to change health insurance providers every year to beat the 20% price increases and will avoid all the drain on morale and productivity of dealing with the government.

2010 47

terse answer Thursday — 7 short answers to 7 short questions

Ask A Manager

Employer shared info on everyone’s payroll deductions. My employer emailed the entire company with updated information about our health insurance plan. Included in that email was a spreadsheet containing payroll deduction amounts, depending on how much coverage we had subscribed to. I think they meant well…but I have to ask…is sharing information about other employees’ payroll deductions or health care plan choices illegal?

2012 56

my employee asked me to be a job reference, interpersonal issues and HR, and more

Ask a Manager

My previous thoughts were that HR helped with payroll, insurance, etc. I saw an internal document with HR salary bands and should be earning more. In one of the folders was a document that is usually only given to senior-level hiring managers for salary negotiations and promotions. I found I was hired within the bottom 5% of my band’s salary and in four years have progressed only to the bottom 15% of the band. It’s four answers to four questions.

2019 20

employee’s boyfriend keeps making her late for work, seriously ill employee who’s making mistakes, and more

Ask a Manager

However, when the head of the organization contacted me about the arrangement, he offered to pay a prorated salary rate for this work (the same amount I receive per hour now without accounting for the value of the benefits I’ll be losing). However, I am viewing this additional project work as a short-term freelance arrangement and feel that I should be given a contract rate, since I will be paying for my own health insurance and will be responsible for self-employment taxes, etc.

2019 21

my coworker closed her trunk on my arm and didn’t apologize, hiring family, and more

Ask a Manager

Many jobs ask me to apply with my “desired salary” (which at least is better than salary history). However, it seems like all the jobs that respond announce in the initial screening call that their salary number is about $5K less than what I asked for, and ask if I still want to proceed. Also, when do you suggest asking about health insurance and medical leaves? Wait to ask about insurance and parental leave until you have an offer.

refusing a job duty on ethical grounds, company wants me to show them another employer’s offer letter, and more

Ask a Manager

About a year ago, I accepted a position in my dream industry and essentially doubled my salary in the process. Now that my salary is higher and my student loans are almost paid off, I’m wanting to contribute significantly more to my retirement. It’s also strange because we don’t have anyone in HR, payroll, etc. It’s five answers to five questions. Here we go…. Company wants me to show them another employer’s offer letter. Company A made me an offer.

2016 27

my boss is showing off his new $900,000 house, my weakness is my temper, and more

Ask a Manager

He should, of course — he presumably sees the company’s payroll and knows what people are making. A lot of things sound good, and they asked my salary requirements before securing the first interview so I am assuming they are prepared to offer at least close to that.

2020 27

new employer says I can’t wear my wedding ring, does it look bad to send emails late at night, and more

Ask a Manager

Last week, I had a meeting with the woman who is going to be my supervisor and we finalized things like my salary, work hours, etc. He said that he didn’t want to do that because the daycare is a benefit provided by my employer, and it would be comparable to me trying to set up health insurance through his employer. It wasn’t like he would be asking about payroll deduction or anything related to my job. It’s five answers to five questions. Here we go….

2018 24

employee clique is causing problems, employer will pay me more if I work as a contractor, and more

Ask a Manager

I replied that I was hoping the salary would be more in line with something in the $62-$65k range. The employer responded that the salaries were not negotiable but that if I was willing to waive my benefits, they would have some wiggle room. He said if I only waived health insurance could he offer $60k. Moreover, contractors generally charge significantly more than employees, because they’re not receiving benefits and are responsible for paying their own payroll taxes.

1099 31

should I tell my boss I’m leaving because of his remarks about race, wearing shorts to work after breaking a foot, and more

Ask a Manager

My company is offering the “opportunity” to many of its employees (all of whom are at-will, long-term, salaried employees) to transition into becoming independent contractors. I know that this benefits the company in that it would decrease its monthly costs (benefits, payroll taxes, etc.). It’s five answers to five questions. Here we go…. Should I tell my boss I’m leaving because of his remarks about my race?

2015 30

are you obligated to support your friends’ businesses, how much PTO should I save for emergencies, and more

Ask a Manager

About the new overtime rule that requires employees to be non-exempt and paid overtime if they earn less than $47,476: My owner wants to know are there other compensations like 401 K, taxes or insurance etc. Nope, it’s got to be salary. You’re right that up to 10% of the salary level used to make the calculation can come from non-discretionary bonuses, incentive payment, and commissions. It’s five answers to five questions. Here we go….

2016 20

discouraging friends from applying for a job on my team, coworkers won’t stop texting at night, and more

Ask a Manager

I just don’t know if either of them would be very committed to the company since it’s outside our field, a pretty low salary, and they think they can do “better” even though they’re not finding anything right now. Even my boss texts me after hours about payroll, which I feel should have been taken care of during the workday. I had an interview the other day for at a health insurance company. It’s five answers to five questions. Here we go….

2016 20

my coworkers say I’m not fast enough, going to work after being sprayed by a skunk, and more

Ask a Manager

I was in a serious car accident (unrelated to my job) and as part of my insurance claim, my employment records were subpoened by the insurance company’s lawyers. My boss was required to provide a copy of my complete employment record: pay info, salary increases and review notes, medical leave documents, any disciplinary documentation, basically 10 years worth of records. It’s five answers to five questions. Here we go….

2017 20

roasting departing colleagues, manager won’t return my emails about references, and more

Ask a Manager

It’s hard to say whether or not it’s fair without knowing more (like how much he’s reducing your hourly rate by), but it’s pretty common for contractors to get paid more than employees, since contractors are responsible for their own payroll taxes and don’t receive benefits. Also, find out if you’ll be receiving benefits; if you are, you’ll want to factor in the money you’ll (hopefully) save on health insurance, paid vacation, etc. It’s five answers to five questions. Here we go….