+1 832 716 2363
Friday, September 29, 2023
AsiaNewsWire
No Result
View All Result
Submit a Press Release
  • HOME
  • NEWSROOM
    • News by Country
      • Australia
      • Bangladesh
      • China
      • Hong Kong
      • India
      • Indonesia
      • Japan
      • Macau(China)
      • Malaysia
      • Myanmar
      • Nepal
      • New Zealand
      • Pakistan
      • Philippines
      • Singapore
      • South Korea
      • Sri Lanka
      • Taiwan
      • Thailand
      • Vietnam
    • News by Category
      • Agriculture
      • Arts & Entertainment
      • Aviation & transport
      • Business & Finance
      • Conferences & Seminars
      • Cryptocurrency
      • Economy
      • Education
      • Forex & Commodities
      • Manufacturing & Industry
      • Media
      • Oil & Energy
      • Pharma & Health
      • Politics
      • Real Estate & Construction
      • Sports
      • Stock Markets
      • Telecom & Tech
      • Travel & Tourism
  • PR SERVICES
    • Press Release Distribution
    • Press Release Writing
    • Consulting
    • Media Planning
  • PRICING
  • ABOUT US
  • CONTACT US
  • PRESS RELEASES
    Air Freight Market is expected to Reach USD 440.16 Billion by 2029 at a CAGR of 5.8 percent

    Air Freight Market is expected to Reach USD 440.16 Billion by 2029 at a CAGR of 5.8 percent

    Blue Cheese Market is expected to Hit USD 12.4 Billion by 2029 at a CAGR of 3.6 percent

    Blue Cheese Market is expected to Hit USD 12.4 Billion by 2029 at a CAGR of 3.6 percent

    Car Crusher Machine Market to Reach USD 3.47 Billion by 2029 at a CAGR of 5.4 percent

    Car Crusher Machine Market to Reach USD 3.47 Billion by 2029 at a CAGR of 5.4 percent

    Freshwater Fish Market to Reach USD 271.57 Billion by the end of the forecast period at a CAGR of 2.3 percent

    Freshwater Fish Market to Reach USD 271.57 Billion by the end of the forecast period at a CAGR of 2.3 percent

  • Login
  • Sign Up
  • HOME
  • NEWSROOM
    • News by Country
      • Australia
      • Bangladesh
      • China
      • Hong Kong
      • India
      • Indonesia
      • Japan
      • Macau(China)
      • Malaysia
      • Myanmar
      • Nepal
      • New Zealand
      • Pakistan
      • Philippines
      • Singapore
      • South Korea
      • Sri Lanka
      • Taiwan
      • Thailand
      • Vietnam
    • News by Category
      • Agriculture
      • Arts & Entertainment
      • Aviation & transport
      • Business & Finance
      • Conferences & Seminars
      • Cryptocurrency
      • Economy
      • Education
      • Forex & Commodities
      • Manufacturing & Industry
      • Media
      • Oil & Energy
      • Pharma & Health
      • Politics
      • Real Estate & Construction
      • Sports
      • Stock Markets
      • Telecom & Tech
      • Travel & Tourism
  • PR SERVICES
    • Press Release Distribution
    • Press Release Writing
    • Consulting
    • Media Planning
  • PRICING
  • ABOUT US
  • CONTACT US
  • PRESS RELEASES
    Air Freight Market is expected to Reach USD 440.16 Billion by 2029 at a CAGR of 5.8 percent

    Air Freight Market is expected to Reach USD 440.16 Billion by 2029 at a CAGR of 5.8 percent

    Blue Cheese Market is expected to Hit USD 12.4 Billion by 2029 at a CAGR of 3.6 percent

    Blue Cheese Market is expected to Hit USD 12.4 Billion by 2029 at a CAGR of 3.6 percent

    Car Crusher Machine Market to Reach USD 3.47 Billion by 2029 at a CAGR of 5.4 percent

    Car Crusher Machine Market to Reach USD 3.47 Billion by 2029 at a CAGR of 5.4 percent

    Freshwater Fish Market to Reach USD 271.57 Billion by the end of the forecast period at a CAGR of 2.3 percent

    Freshwater Fish Market to Reach USD 271.57 Billion by the end of the forecast period at a CAGR of 2.3 percent

No Result
View All Result
AsiaNewsWire
SUBMIT PR
Home Press Releases

FINANCIAL HEALTH FOR RESTAURANTS AND RELATED BUSINESSES THE HIDDEN COSTS OF EMPLOYEE MGT

asianewswire.net by asianewswire.net
September 24, 2022
in Press Releases
FINANCIAL HEALTH FOR RESTAURANTS AND RELATED BUSINESSES THE HIDDEN COSTS OF EMPLOYEE MGT
Share on FacebookShare on Twitter


 


(EMAILWIRE.COM, September 24, 2022 )
by long time HR Exec Charles Argenbright and the Professional Employer Organization PEO

Turnover is very high and a result of that is the SUTA rate increase.

State unemployment taxes. It can be as low as about .20 cents per 100 dollars of payroll and that is collected in this state on just the first $ 7000. Of earned income. Then caps and starts over every Jan 1.

A new business may start at $ 2.70. At 2.70 then 189.00 a year on each employee. At 5.40 employers pay $ 378.00.

With a staff of 35 employees may have turnover sending out 80 W-2½s at the year end. That is over $ 30,000 in unemployment taxes¦ A PEO fights for the owner. Also, with a PEO you fall under their rate.

Many restaurants have people just leave and not even pick up their last check. Most just tear the checkup. But it is supposed to be sent to the state. If the employee demands, it a year or two later then the owner has an issue with taxes.

Workers’ comp is always an issue with restaurants with small claims all the time. Cut fingers, burns and slipping on wet floors. Most have increases on their mod rate. They call that a Ã�¢ consent to rate and increase the multiplier. A 1.0 mod rate means you pay the state rate. A 1.75 mod rate means paying 175 % of he state rate. A PEO can usually get that reduced back to a 1.0 mod.

There is also the FICA Tip Credit. Many owners don’t apply for this and some don’t know about it.

The FICA tip credit gives some relief to employers who pay FICA taxes on tip income that was paid to their employees by someone else. The credit reduces the federal income tax of the employer by an amount based on the employers share of FICA taxes paid on a portion-reported tips.

We see restaurant managers fire servers for being slow and cooks for complaints and then when they do get taken to task, they have no written policies, no handbook, no acknowledge form signed by the employee, s are almost always completed incorrectly. If OSHA comes in because of an injury they always go through those things, the posters, safety manuals, etc.

Another issue is most have no benefits. That is a whole different can of worms. Supplementals cost the employer nothing and those are well liked by the staff. Most are part time and can still get them.

Bio

Graduated from Florida State University (Go Seminoles)!

Entered HR World of co-employment in approx 94. Worked with 100’s of co around the country in many industries.

Worked with business owners money on their Labor Costs, Unemployment Taxes, Workers Compensation and Service Fees.

Some companies their needs are more about HR Support, Compliance or Affordable Benefits, also things that we supply.

Many business owners look for gaps in their coverage and time to focus on their business NOT HR nonproducing revenue.

Contact by phone or text: Mr Charles Argenbright to assess company or organization needs at 386-299-9066.

Contact healthyreferral@gmail.com to analyze the gaps in employee mgt.



Source link

Previous Post

Aircraft Sensors Market Value $7.0 billion by 2027 at a CAGR of 8.3%

Next Post

Avionics Market To Achieve A High CAGR Of 7.3% From 2022 to 2027

Related Posts

Air Freight Market is expected to Reach USD 440.16 Billion by 2029 at a CAGR of 5.8 percent
Press Releases

Air Freight Market is expected to Reach USD 440.16 Billion by 2029 at a CAGR of 5.8 percent

September 24, 2023
Blue Cheese Market is expected to Hit USD 12.4 Billion by 2029 at a CAGR of 3.6 percent
Press Releases

Blue Cheese Market is expected to Hit USD 12.4 Billion by 2029 at a CAGR of 3.6 percent

September 24, 2023
Car Crusher Machine Market to Reach USD 3.47 Billion by 2029 at a CAGR of 5.4 percent
Press Releases

Car Crusher Machine Market to Reach USD 3.47 Billion by 2029 at a CAGR of 5.4 percent

September 24, 2023
Application Integration Market to Reach USD 46.21 Billion by 2029 at a CAGR of 20.1 percent
Press Releases

Application Integration Market to Reach USD 46.21 Billion by 2029 at a CAGR of 20.1 percent

September 23, 2023
Hot & Cold Systems Market Share: Regional Dynamics Unveiled
Press Releases

Hot & Cold Systems Market Share: Regional Dynamics Unveiled

September 23, 2023
Meal Kits Market to Reach USD 47.27 Billion by the end of the forecast period at a CAGR of 14.7 percent
Press Releases

Meal Kits Market to Reach USD 47.27 Billion by the end of the forecast period at a CAGR of 14.7 percent

September 23, 2023
Load More

Popular News

  • Vietnam media list

    Vietnam Media List for Press Release Distribution to Vietnamese Target Audience

    0 shares
    Share 0 Tweet 0
  • Singapore Media List for Press Release Distribution to Online, Print and Broadcast Outlets

    0 shares
    Share 0 Tweet 0
  • AsiaNewswire.net™ Relaunches Press Release Distribution to media in the Asia Pacific and Southeast Regions

    0 shares
    Share 0 Tweet 0
  • India Media List for Press Release Distribution to English Publications, Radio and Television Stations

    0 shares
    Share 0 Tweet 0
  • Four Investment Ideas to Grow Your Wealth in UAE

    0 shares
    Share 0 Tweet 0

By Categories

  • Agriculture
  • Arts & Entertainment
  • Australia
  • Business & Finance
  • Campaign
  • China
  • Education
  • English
  • Featured News
  • Forex & Commodities
  • India
  • Japan
  • Media
  • Media List
  • National
  • Pakistan
  • Politics
  • Press Releases
  • Singapore
  • Social Media
  • South Korea
  • Stock Markets
  • Taiwan
  • Telecom & Tech
  • Travel
  • Uncategorized
  • Vietnam

About

Asia Newswire™ provides press release distribution services for businesses,  organizations and other entities with need to send news to media outlets in Asia  Pacific, South and South East Asian countries. Other services include writing and  editing press releases, consulting and media planning.

Categories

News by Country
News by Category
Press Releases

Recent Post

Recent Posts
  • Car Crusher Machine Market to Reach USD 3.47 Billion by 2029 at a CAGR of 5.4 percent
  • Blue Cheese Market is expected to Hit USD 12.4 Billion by 2029 at a CAGR of 3.6 percent
  • Air Freight Market is expected to Reach USD 440.16 Billion by 2029 at a CAGR of 5.8 percent
  • Hot & Cold Systems Market Share: Regional Dynamics Unveiled

Subscribe Our Newsletter

    Share Us

    Contact Us

    • +1 832 716 2363
    • +12816454086
    • Email: Email Us
    • Skype: groupwebmedia
    AsiaNewswire.net™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC
    No Result
    View All Result
    • Home
    • Newsroom
      • News by Category
        • Agriculture
        • Arts & Entertainment
        • Aviation & transport
        • Business & Finance
        • Conferences & Seminars
        • Cryptocurrency
        • Economy
        • Education
        • Forex & Commodities
        • Manufacturing & Industry
        • Media
        • Oil & Energy
        • Pharma & Health
        • Politics
        • Real Estate & Construction
        • Sports
        • Stock Markets
        • Telecom & Tech
        • Travel & Tourism
      • News by Country
        • Australia
        • Bangladesh
        • China
        • Hong Kong
        • India
        • Indonesia
        • Japan
        • Macau(China)
        • Malaysia
        • Myanmar
        • Nepal
        • New Zealand
        • Pakistan
        • Philippines
        • Singapore
        • South Korea
        • Sri Lanka
        • Taiwan
        • Thailand
        • Vietnam
    • PR Services
      • Press Release Distribution
      • Press Release Writing
      • Consulting
      • Media Planning
    • About Us
    • Contact Us
    • Pricing
    • Press Releases
    • Login
    • Sign Up

    AsiaNewswire.net™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC