We are #hiring!!! #Incentives up to $24,500 available #Apply Today!!
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What's the difference between commission and bonus and which one is best? In this article we look at the differences between incentive structures, often referred to as Sales Incentive Plans (SIPs) and some of the things salespeople and employers have told us about which works best for them. #employeetips #salesincentiveplans
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Wondering about the cost of a Trade VA? 💰 Let's compare it to an admin assistant's salary. In Australia, you're looking at $73,000 AUD a year, and in the USA, it's $39,000 USD. 🇦🇺🇺🇸 A high-quality Trade VA can cost as little as $2,000 USD a month. 🌟 That's nearly half the cost of a full-time employee in the USA. 🇺🇸 Plus, in my experience, VA's are not just cheaper but also more productive, thanks to values like hard work, loyalty, and integrity. 🌟 So, you're getting double the output for half the price. #tradie #tradielife #tradeva #virtualassistant #virtualassistantservices #virtualassistantaustralia #7figurebusiness #roofer
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Hiring a new employee and not sure what to pay them? 💰 Check out my latest “Ask Manny” post. I provide you with clear steps on how to answer this important question. 🤓 #hiring #wagesandsalaries #smallbusiness #payroll #AskManny #financialadvice
Paying A New Employee: What's Fair For My Growing Business? | CFO Services Group
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Save 80% on talent by outsourcing | Bootstrapping and sharing the lessons on Talent, Sales and Marketing along the way | Founder @ Talent Torch & Veteran
Its not working out.. I have been terrible at building in public, but here is a crack at it (There is a give-away at the end of this) We are learning ALOT Here is the problem: Bringing on a new employee abroad is scary There are known unknowns: 💰 How will we pay them? ❓ What if it dosen't work out? 👩⚖️ Is there legal risk? 🎁 Do I pay benefits? 👨💻 What software do I use? etc.. We have heard you, and we are changing things Once we find you your employee, we deal with all the admin and risk 🤝 We replace them for free forever 👨🏫 We support both of you throughout 📚 We provide ongoing training and resources And any issues? You can talk to me or your Account Manager You can now get a VA from $700 USD per month - with all of the above No recruiting fees No admin Just value Thanks for the feedback Appreciate you all Give me a shout if this sounds interesting Dom PS - If you read this far, we are also giving away 5 hours of a top VA for £1 - We only have 5 slots for this, but will try to expand it to demand. To get a VA for £1 - Comment - "VA Please!", Like and - Connect with me
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Class 1A NICs are paid by employers in respect of most benefits in kind provided to employees such as a company car. Class 1A NICs are also due on charge on termination awards above a £30,000 threshold that have not already been subjected to Class 1 NICs deductions. There’s no employee contribution payable for Class 1A NICs. #NIC #Class1aNIC
What is Class 1A NIC?
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If we stop learning in our market we are dead.... Never a truer word said, especially when here at Reed Technology we are always looking to innovate and look at new ways to succeed. Well today, my team had the opportunity to learn about a side of the business they have not done much with, our consultancy arm Consultancy Plus. It was great for them (and myself being honest) to understand how our consultancy function can really benefit new and existing clients and make sure they we are investigating and discussing opportunities outside of just discussing permanent roles. After the learning we had a little quiz, I had set up with Aaron J winning after a tie break with Harry Dunn. Here are the common reasons why we could help you as a business: 🔷 Current MSP not delivering 🔷 No recruitment budget (But you need to get people in) 🔷 Headcount freeze 🔷 Cannot attract candidates due to IR35 🔷 Don't understand IR35 🔷 Our contractors do not deliver 🔷 We use consultancy (But they are expensive) 🔷 When we outsource, we lose control As a client, if any of the symptoms ring true, please get in touch and see if Consultancy Plus can provide the solution you need. [email protected] 0121 2372665 Reed Technology #lifeatreed #statementofwork #consultancy #lovefridays #lovemondays #techshecan #reedtechnology Marc Griffiths Ezra Richardson Dan Wright Taha Esmail
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👥 Employment Contracts vs. B2B Contracts 🤝 It's important to understand the differences between employment contracts and B2B contracts to ensure that you're entering into agreements that work best for you and your business. 👥 Employment Contracts: ◾Employer-Employee Relationship - An employment contract is the establishment of a hierarchical relationship, where the employer directs the work of the employee. ◾Benefits and legal protections - Employees typically enjoy benefits such as health insurance, retirement plans, and legal protections like workers' compensation. ◾Fixed remuneration - Compensation is often in the form of a fixed salary or hourly wage, with additional benefits or bonuses as outlined in the contract. ◾Tax and legal implications - Employment contracts carry specific tax implications for both the employer and the employee, along with legal obligations such as adherence to labor laws and regulations. ◾Permanence and defined obligations and privileges - The most predictable and permanent form of employment based on the terms of the Labor Code. 🤝 B2B Contracts: ◾Partnership - B2B contracts involve two independent entities agreeing as equals, each bringing value to the table, and each is responsible for itself. ◾Scope, deliverables, and payment terms - Dependent on the contract arrangements, which can be very varied. Contracts define the scope of work, deliverables, timelines, and payment terms agreed, and signed by both parties. ◾Flexibility and negotiation - Unlike employment contracts, B2B contracts offer wider flexibility in negotiating terms, rate structures, and project scopes. They allow for a more dynamic nature of establishing cooperation. ◾Liability and dispute resolution - B2B contracts often include clauses addressing liability, indemnification, and dispute resolution mechanisms tailored to the business relationship. Also, be aware of all forms of non-compete clauses. ◾Less stability compared to employment contracts - B2B is a business relationship that is more profit-oriented - the opposite of an employer-employee relationship. Understanding these distinctions is crucial for both employers and professionals navigating the complex landscape of contractual agreements. Whether you hire talent and engage in business partnerships, are an employee, or run a business yourself, understanding the terms of the business relation is critical to fostering productive and mutually beneficial business relationships. Let's keep the dialogue open! What other differences do you find noteworthy between employment contracts and B2B contracts? #contracts #business #employment #b2b
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Nowadays Phantom is gaining popularity as it’s a new way of compensating the employees. Phantom is an incentive plan under which cash allowances are given to employees equal to the full value or appreciated value of the market share price of the Company or other companies that deal in comparable business. Phantom is more beneficial to the Company as their ownership and shareholding will not be diluted. Further it helps to align the individual employee goals with the Company’s goals. Currently, there is no specific law to regulate the Phantom in India. However, many of the Companies follows the following procedures to adopt and implement the Phantom Plan: - 1. Conduct the Board Meeting to approve the draft Phantom Plan by passing Board Resolution; 2. Conduct Extra Ordinary Genera Meeting for adoption of Phantom Plan by passing Ordinary Resolution. Further there is no requirement for filing of any e-form with the Ministry of Corporate Affairs.
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💡#ThursdayTips💡 Are you leveraging Incentive Prepaid Cards in your corporate programs? #PrepaidCards #CorporateIncentives #IncentiveSolutions
Driving Future Success: The Strategic Use of Incentive Prepaid Cards in Corporate Programs
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