In 2019, readers of SoloPoint News are highly interested in topics that affect hiring mechanical engineers in this competitive talent market, new employment and tax laws, as well as recent innovation in CAD.
Here are our most read articles of 2019:
In a study made by Workable.com, engineering jobs take the longest time to fill. In comparison to other job functions where the average fill time is 47.6 days, jobs within engineering take 60-62 days to fill. In this article, we look into factors that make hiring for these engineers – especially Mechanical Engineers – difficult, and how a niche staffing firm can help shorten the process.
The Tax Cuts and Jobs Act (TCJA) which was passed by the U.S. Congress in 2017 took effect in 2019’s tax filing season. We gave a preview of some changes that will affect the tax filings of workers who identify as W-2 employees or 1099 independent contractors.
On September 18, 2019, the state of California passed Assembly Bill (AB) 5 into law, which uses the ABC Test as the standard for classifying workers as independent contractors as of January 2020. Based on these changes, we enumerate some action items that businesses might want to take in order to prevent misclassification fines
An article from CNN Money said that with taxes and benefits, the overall cost of an employee is typically 18-26% more than the worker’s base salary. An employee brought in at $65,000 can cost an additional $17,550 in taxes and benefits, putting the total cost at $82,550 annually. In this article, we break down what those added costs are.
On June 2019, CAD Developer Dassault Systèmes announced that the beta version of SolidWorks 2020 is available for download. It is still in developmental stages, but it promises improved performances for drawings, assemblies and simulations, as well as more streamlined workflows. This article provided a sneak peek at some of SolidWorks’ newest features.
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