Counting the costs: What government funding for scientific research will cover?

The Small Business Blog

And if you’re working in scientific, technological, medical or engineering research, the government can end up giving you quite a lot of money, through a scheme called research and development tax credits. Staff: You can claim back some of the cost of salaries, national insurance contributions, pension contributions and expenses for people who are employed to work directly on the research project. If you hire agency workers, you can claim back up to 65% of the agency fees.

2019 114

Avoid Decision Fatigue: Learn The Steps for Effective Delegation

Dumb Little Man

Small businesses can struggle to compete with the salaries and benefits offered by larger companies, but that doesn’t mean you won’t be able to find the right people. Replacing a single employee can cost nearly a quarter of their annual salary. Many workers will simply get fed up and leave the company. Delegate tasks that don’t require your input or don’t match your expertise, such as: Bookkeeping and payroll. Small business owners are no strangers to sacrifice.

2018 162

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How I Went to Part-Time Work

Simple Productivity Blog

By working together, we were able to come up with a reasonable solution that worked for all of us. There were some drawbacks: I ended up becoming an hourly employee. Since I work in a field in which I am not eligible for overtime, any time up to an over 40 hours is billed at a straight amount, even on holidays and weekends, should I have to work. You might be asked to be part-time salaried. You will become very good friends with the payroll person.

2013 152

4 Reasons you Should Continue Providing your Employees Health Insurance

Small Business CEO

Some small businesses may be tempted to drop insurance coverage and perhaps bump their employees’ salaries. There’s more than just salary that employees value in their jobs. But if you don’t and your company has more than 50 employees, you’ll pay $2,000 per worker, which can add up quickly. If you’re considering raising salaries and dropping insurance, you’re not looking at hidden costs.

Do You Know Your Lifestyle Ratios?

Productive & Organized

  Revenue, net income, total expenses, and payroll costs are just a few of the items that you may be monitoring on your profit and loss statement.  It might be fun to come up with a few lifestyle ratios to help you measure and move toward your personal goals.  You might have interest income, rental income, and investment income along with your business income or salary.

Common HR Dilemmas and How to Solve Them

Small Business CEO

Task automation allows a single HR manager to keep track of even a sizable headcount, resolve issues on employee records in a timely manner and communicate changes made to the data to payroll and management immediately. Below are some common problems that HR managers face regularly and how the right software tools effectively help in solving them: Problem #1: What can I do to speed up the recruitment process so more applications can be accepted and more job vacancies can be filled faster?

2013 86

Simplifying Timekeeping

Simple Productivity Blog

Now, as an employee, not only do I have to keep track of how much time I spend on each item of work, but also to keep my time in the payroll system so that I am paid accurately (I am an hourly employee, not salaried). For example, I recently noticed that while my time card said I had worked 7 hours (and I had), my itemized time sheet only added up to 6. Wednesdays are simplicity days at SimpleProductivity blog.

2012 122

5 tips for Being a Freelance Worker

45 Things

And any spare time you have will be spent throwing in a load of laundry and cleaning up dog puke. The biggest fixed cost an employer has is payroll," says Tim Ozier , director of contract staffing at MRINetwork in Philadelphia. Companies are opening up all kinds of work in these areas. They are experienced, have a shorter ramp-up time and have very sought-after skills."

2011 54

My thoughts on the multi-VA model

Virtual Moxie

And you may think it’s far more sexy to talk about other things, but I’m always going to bring the conversation right round to this place so you don’t get whipped up in a frenzy and forget the core of things. I’m not sure when success ended up equaling gobs of cash. Maybe it’s a “keeping up with the joneses” thing. Bit O’Moxie : Look…if you’re going to set up a multi-VA firm, do it legally and minimize your risk. Have I seen subs mess-up work?

2010 151

5 Top Jobs to Pursue Under Trump-onomics

Dumb Little Man

His confrontational foreign policy style might be a catalyst for rising oil prices, and when oil goes up, so does the demand for Petroleum Engineers. With starting salaries in 6-figures , that’s good news for those lucky enough to have the right degree. The average salary for a correctional officer is $41,000. As a result of all this infrastructure spending, construction firms are now showing willingness to expand their payrolls to keep up with the expected demand.

2017 153