On November 1st, 2019, renowned CAD developer, PTC, broadcasted the following: “PTC (NASDAQ: PTC) today announced it has completed its acquisition of Onshape, developer of the Onshape® Software as a Service (SaaS) product development platform that unites robust computer aided design (CAD) software with powerful data management and collaboration tools. The acquisition positions PTC to… Read more »
The tight labor market is forcing employers to be more creative in attracting top talent and puts job seekers firmly in the driver’s seat. The October 2019 report of the Bureau of Labor Statistics (BLS) shows that unemployment remains at 3.6%. This marks the 20th month of unemployment being below 4%. The state of California,… Read more »
With the passage of AB-5 into law, businesses need to review if the workers they engaged as Independent Contractors meet the standards of the ABC Test. 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… Read more »
California is an attractive destination for manufacturing and technology trade shows. With over 36,000 manufacturing companies and roughly 1.3 million working within the sector, manufacturing suppliers and service providers clamor to exhibit in California trade shows to have face-to-face interactions with prospective buyers. Here’s a list of California trade shows engineers would want to attend: … Read more »
According to a survey by American Staffing Association (ASA), over three million people work on a contractual basis in the U.S. on an average work week. With the prevalence of contract employment in today’s society, it is common for job seekers to have multiple jobs in their resume with different employment terms. Mixing up… Read more »
Due to news coverage of Google’s treatment of contract workers, contract employment has developed a negative impression among job seekers We address the Top 5 misconceptions about working as a contract employee In 2019, news outlets such as the New York Times and Bloomberg have written about contract workers being treated as “second-tier” employees in… Read more »
Aerospace is a huge industry which includes manufacturers of well-known products; airplanes, space crafts, satellites, and producers of not so obvious systems and components such as landing gears, navigation systems, safety and emergency systems, engines, turbines, and even cabins interiors and kitchen galleys. Along with the most recognized aerospace companies like Boeing, SpaceX, Lockheed,… Read more »
UAV startup Matternet has partnered with industry giants to spearhead the automation of package delivery for medical and consumer purposes. Industry giants in the world of automotive, aerospace and shipping are partnering with the Menlo Park-based startup, Matternet, to develop autonomous aerial drones used for delivering packages in urban environments. Among the stakeholders are UPS,… Read more »
When filing taxes this year, W-2 employees are expected to receive tax cuts based on their adjusted income bracket and higher standard deductions This year, qualifying independent contractors will benefit from the newly placed 20% “pass-through” tax deduction for business owners The Tax Cuts and Jobs (TCJA) which was passed by the U.S. Congress… Read more »
Employees can cost a business 18-26% more on top of their base salary in taxes and benefits Last January 31st, employers across the U.S. have distributed their employees’ W-2 form which states their wages and tax withholding. What those W-2 forms don’t show are the employer’s contribution towards taxes and benefits that they pay on… Read more »
