• About Us
  • Contact Us
  • Submit News Release
Wednesday, May 31, 2023
Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
No Result
View All Result
The MEA Times
  • Middle East
    AND BEYOND: A new era of Production and Digital Engagement with Marwan Khoury

    AND BEYOND: A new era of Production and Digital Engagement with Marwan Khoury

    إن كمية حفنة من الجوز يوميا قد تعزز التطور المعرفي لدى المراهقين

    A handful of walnuts a day may enhance cognitive development in adolescents

    إن كمية حفنة من الجوز يوميا قد تعزز التطور المعرفي لدى المراهقين

    إن كمية حفنة من الجوز يوميا قد تعزز التطور المعرفي لدى المراهقين

    The Assets Net (TAN)  Expands Capabilities and Global Presence with  Remote Entity Awareness and Control (REAC) systems Following Full Asset Purchase of PrecyseTech

    The Assets Net (TAN) Expands Capabilities and Global Presence with Remote Entity Awareness and Control (REAC) systems Following Full Asset Purchase of PrecyseTech

  • Europe
    Tamanneftegas organise un séminaire sur les investigations d’incidents.

    Tamanneftegas organise un séminaire sur les investigations d’incidents.

    محطة أوتيكو روسيا السائبة تفوز بجائزة التميز البيئي

    محطة أوتيكو روسيا السائبة تفوز بجائزة التميز البيئي

    تامانيفتيغاس تعقد ندوة حول التحقيق في الحادثة

    تامانيفتيغاس تعقد ندوة حول التحقيق في الحادثة

    ينظم منتجع ونادي أنافرين للفروسية إلى فنادق هيلينج هوتال أوف ذا وورد رأس الخيمة ٠ ٱلْإِمَارَاتُ ٱلْعَرَبِيَّةُ ٱلْمُتَّحِدَةُ

    Anavrin Equestrian Resort & Sports Club joins Healing Hotels of the World

    ينظم منتجع ونادي أنافرين للفروسية إلى فنادق هيلينج هوتال أوف ذا وورد رأس الخيمة ٠ ٱلْإِمَارَاتُ ٱلْعَرَبِيَّةُ ٱلْمُتَّحِدَةُ

    ينظم منتجع ونادي أنافرين للفروسية إلى فنادق هيلينج هوتال أوف ذا وورد رأس الخيمة ٠ ٱلْإِمَارَاتُ ٱلْعَرَبِيَّةُ ٱلْمُتَّحِدَةُ

    تشير الدراسة الجديدة إلى أن الجوز من الممكن أن يمنع التأثيرات السلبية المتعلقة بالتوتر لدى طلاب الجامعة

    Walnuts, Alzheimer’s Disease Progression and General Good Brain Health

  • Africa
    Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

    Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

    BZR on Coinstore – a Significant Milestone for Bazaars

    BZR on Coinstore – a Significant Milestone for Bazaars

    Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

    Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

    أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

    أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

  • Business

    The Story Of GNU Taler, A Privacy-Respecting Digital Payment … – Business Review

    Top 10 most magnificent places for tourists to visit in Africa during the 2023 summer – Business Insider Africa

    Middle East Refining and Petrochemicals Market Analysis and Forecast, 2019-2028 – openPR

    Europe's business jet industry aims for green rebrand – Regina Leader Post

  • Tech

    Europe markets cautious after U.S. debt ceiling deal; SBB up 4% after it says sale possible – CNBC

    Revealed: Best tech companies to work for in 2023 – Edge Middle East – ITP.net

    In CEE, sustainability goals have become security goals – Emerging Europe

    Meta Fined $1.3bn In Europe’s Largest GDPR Punishment to Date – WinBuzzer

  • Lifestyle

    2023 Cardiac Pacemaker Market The Future of Home and Lifestyle … – SleterFC.com

    Explainer-What to expect from Nigeria's new president Bola Tinubu – Yahoo Lifestyle Australia

    Euromaxx – Lifestyle Europe – DW (English)

    GMG takes Middle East's largest sports retailer Sun & Sand Sports global – ZAWYA

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • Climate Change
    • Flat Earth
  • Press Releases

    3D Surveillance Software Market to Hit USD 176.66 Bn by 2029: Competitive Landscape, Trends, Statistics, and Segmentation

    Lighting Transformer Market to reach USD 3 Bn by 2029, emerging at a CAGR of 5.4 percent and forecast (2023-2029)

    Conventional Oil Market to reach USD 3493.71 Bn by 2029, emerging at a CAGR of 3.8 percent and forecast (2023-2029)

    Identity Verification Market Size, Share, Growth, Trends and Forecast – 2027

    Latin America: Opportunities and Challenges in On-Orbit Satellite Servicing (2023-2030)

    DataOps Platform Market Outlook To 2028 | Precise Scenario with Latest Trends, Opportunities, Growth Overview

    Catheters Market worth $24.2 billion by 2025 – Exclusive Report by MarketsandMarkets™

    Catheters Market worth $24.2 billion by 2025 – Exclusive Report by MarketsandMarkets™

    AND BEYOND: A new era of Production and Digital Engagement with Marwan Khoury

  • Middle East
    AND BEYOND: A new era of Production and Digital Engagement with Marwan Khoury

    AND BEYOND: A new era of Production and Digital Engagement with Marwan Khoury

    إن كمية حفنة من الجوز يوميا قد تعزز التطور المعرفي لدى المراهقين

    A handful of walnuts a day may enhance cognitive development in adolescents

    إن كمية حفنة من الجوز يوميا قد تعزز التطور المعرفي لدى المراهقين

    إن كمية حفنة من الجوز يوميا قد تعزز التطور المعرفي لدى المراهقين

    The Assets Net (TAN)  Expands Capabilities and Global Presence with  Remote Entity Awareness and Control (REAC) systems Following Full Asset Purchase of PrecyseTech

    The Assets Net (TAN) Expands Capabilities and Global Presence with Remote Entity Awareness and Control (REAC) systems Following Full Asset Purchase of PrecyseTech

  • Europe
    Tamanneftegas organise un séminaire sur les investigations d’incidents.

    Tamanneftegas organise un séminaire sur les investigations d’incidents.

    محطة أوتيكو روسيا السائبة تفوز بجائزة التميز البيئي

    محطة أوتيكو روسيا السائبة تفوز بجائزة التميز البيئي

    تامانيفتيغاس تعقد ندوة حول التحقيق في الحادثة

    تامانيفتيغاس تعقد ندوة حول التحقيق في الحادثة

    ينظم منتجع ونادي أنافرين للفروسية إلى فنادق هيلينج هوتال أوف ذا وورد رأس الخيمة ٠ ٱلْإِمَارَاتُ ٱلْعَرَبِيَّةُ ٱلْمُتَّحِدَةُ

    Anavrin Equestrian Resort & Sports Club joins Healing Hotels of the World

    ينظم منتجع ونادي أنافرين للفروسية إلى فنادق هيلينج هوتال أوف ذا وورد رأس الخيمة ٠ ٱلْإِمَارَاتُ ٱلْعَرَبِيَّةُ ٱلْمُتَّحِدَةُ

    ينظم منتجع ونادي أنافرين للفروسية إلى فنادق هيلينج هوتال أوف ذا وورد رأس الخيمة ٠ ٱلْإِمَارَاتُ ٱلْعَرَبِيَّةُ ٱلْمُتَّحِدَةُ

    تشير الدراسة الجديدة إلى أن الجوز من الممكن أن يمنع التأثيرات السلبية المتعلقة بالتوتر لدى طلاب الجامعة

    Walnuts, Alzheimer’s Disease Progression and General Good Brain Health

  • Africa
    Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

    Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

    BZR on Coinstore – a Significant Milestone for Bazaars

    BZR on Coinstore – a Significant Milestone for Bazaars

    Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

    Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

    أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

    أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

  • Business

    The Story Of GNU Taler, A Privacy-Respecting Digital Payment … – Business Review

    Top 10 most magnificent places for tourists to visit in Africa during the 2023 summer – Business Insider Africa

    Middle East Refining and Petrochemicals Market Analysis and Forecast, 2019-2028 – openPR

    Europe's business jet industry aims for green rebrand – Regina Leader Post

  • Tech

    Europe markets cautious after U.S. debt ceiling deal; SBB up 4% after it says sale possible – CNBC

    Revealed: Best tech companies to work for in 2023 – Edge Middle East – ITP.net

    In CEE, sustainability goals have become security goals – Emerging Europe

    Meta Fined $1.3bn In Europe’s Largest GDPR Punishment to Date – WinBuzzer

  • Lifestyle

    2023 Cardiac Pacemaker Market The Future of Home and Lifestyle … – SleterFC.com

    Explainer-What to expect from Nigeria's new president Bola Tinubu – Yahoo Lifestyle Australia

    Euromaxx – Lifestyle Europe – DW (English)

    GMG takes Middle East's largest sports retailer Sun & Sand Sports global – ZAWYA

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • Climate Change
    • Flat Earth
  • Press Releases

    3D Surveillance Software Market to Hit USD 176.66 Bn by 2029: Competitive Landscape, Trends, Statistics, and Segmentation

    Lighting Transformer Market to reach USD 3 Bn by 2029, emerging at a CAGR of 5.4 percent and forecast (2023-2029)

    Conventional Oil Market to reach USD 3493.71 Bn by 2029, emerging at a CAGR of 3.8 percent and forecast (2023-2029)

    Identity Verification Market Size, Share, Growth, Trends and Forecast – 2027

    Latin America: Opportunities and Challenges in On-Orbit Satellite Servicing (2023-2030)

    DataOps Platform Market Outlook To 2028 | Precise Scenario with Latest Trends, Opportunities, Growth Overview

    Catheters Market worth $24.2 billion by 2025 – Exclusive Report by MarketsandMarkets™

    Catheters Market worth $24.2 billion by 2025 – Exclusive Report by MarketsandMarkets™

    AND BEYOND: A new era of Production and Digital Engagement with Marwan Khoury

No Result
View All Result
The MEA Times
No Result
View All Result
Home Press Releases

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

by admin
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

Lights out, ovens off: Europe preps for winter energy crisis

RelatedNews

Press Releases

3D Surveillance Software Market to Hit USD 176.66 Bn by 2029: Competitive Landscape, Trends, Statistics, and Segmentation

May 29, 2023
Press Releases

Lighting Transformer Market to reach USD 3 Bn by 2029, emerging at a CAGR of 5.4 percent and forecast (2023-2029)

May 29, 2023
Press Releases

Conventional Oil Market to reach USD 3493.71 Bn by 2029, emerging at a CAGR of 3.8 percent and forecast (2023-2029)

May 29, 2023
Press Releases

Identity Verification Market Size, Share, Growth, Trends and Forecast – 2027

May 29, 2023
Press Releases

Latin America: Opportunities and Challenges in On-Orbit Satellite Servicing (2023-2030)

May 29, 2023
Press Releases

DataOps Platform Market Outlook To 2028 | Precise Scenario with Latest Trends, Opportunities, Growth Overview

May 29, 2023
Submit a Press Release

Subscribe to our Newsletter

    Recommended

    Finland limits visas to Russians amid rush of Europe-bound tourists

    10 months ago
    Grant Management Software Market Size, Share, Trends and Forecast 20224

    Grant Management Software Market Size, Share, Trends and Forecast 20224

    1 year ago

    Subscribe to our Newsletter

      Share Us:

      Share on facebook
      Share on twitter
      Share on linkedin
      Share on pinterest

      Category

      Middle East
      Europe
      Africa
      Business
      Tech
      Lifestyle
      Pres Releases

      Recent Post

      Recent Posts
      • AND BEYOND: A new era of Production and Digital Engagement with Marwan Khoury
      • The Story Of GNU Taler, A Privacy-Respecting Digital Payment … – Business Review
      • Europe markets cautious after U.S. debt ceiling deal; SBB up 4% after it says sale possible – CNBC
      • Top 10 most magnificent places for tourists to visit in Africa during the 2023 summer – Business Insider Africa

      About Us

      The MEA Times reports and aggregates business, Tech and lifestyle news on EMEA regions.

      We provide press release distribution to media outlets in Africa, Middle East and Europe. Submit a press release or contact us today.

      The MEA Times is part of GroupWeb Media Network. @ 2023 GroupWeb Media LLC
      • About Us
      • Contact Us
      • Submit News Release
      Menu
      • About Us
      • Contact Us
      • Submit News Release
      No Result
      View All Result
      • Middle East
      • Europe
      • Africa
      • Business
      • Tech
      • Lifestyle
      • Press Releases

      © 2022 - MeaTimes.com