How Will The Tax Reform Affect W-2 and 1099 Tax Filings?

  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 »

How Much Does Your Employee Truly Cost?

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 »

Plastic, Metals and More… The Future of 3D Printing

Here’s a great article written by manufacturing technology writer Rob Spiegel for DesignNews.com on what’s next for 3D Printing:   The hype is finally beginning to dissipate when it comes to the promises of 3D printing and additive manufacturing. Ok, we get it now — 3D printing can’t actually “manufacture anything.” Practicality is becoming the… Read more »

Why Is It So Hard To Hire Mechanical Engineers?

  Engineering talents are scarce, yet surprising data shows that hiring Mechanical Engineers takes the longest compared to their counterparts. With unemployment hovering under 4%, hiring in general is difficult – and hiring for Mechanical Engineers is even more challenging. In a study made by Workable.com, engineering jobs take the longest time to fill. In… Read more »

How Automation Will Change The Future Workforce

More than 25% expect automation to lead to the creation of new roles in their operation Though 75 million jobs are expected to be displaced, 133 million jobs are expected to emerge with the adoption of automation The World Economic Forum released their “Future Of Jobs” report on September 2018 which laid out several trends… Read more »

We’re Predicting It: 2019 Engineering Employment Trends

  As 2018 closes with one of the highest growth in labor participation, we look towards the possible employments trends that are coming in 2019, particularly those that will affect the job prospects of engineering talents: 1. Engineering hiring projected to grow up to 2026 On October 2017, the Bureau of Labor Statistics (BLS) released… Read more »

SoloPoint Gives Back through Second Harvest Food Bank

  This holiday season, SoloPoint Solutions chose to donate our time and resources to help Second Harvest Food Bank. According to Second Harvest’s website, 1 in 10 people in Santa Clara and San Mateo counties receives assistance from their organization. Throughout the year, SoloPoint has been reporting of the historical low rates in unemployment, specifically in… Read more »

Manufacturing Workforce Issue: 2.4 Million Jobs Expected To Stay Unfilled

In Part 1 of our Manufacturing Workforce spotlight, we highlight the main issue that’s causing the workforce shortage in manufacturing: The pending retirement of Baby Boomers and the disinterest among Millennials to pursue careers in manufacturing.  In Part 2 of this series, Technology Review highlights the other issues that are causing the decrease in hiring… Read more »

Manufacturing Workforce Issue: Boomers Leaving, Millennials Uninterested

October 5, 2018 was Manufacturing Day — a day started by the National Association of Manufacturers (NAM) to inspire the younger generation to pursue careers in manufacturing. During this day, 3,000 manufacturers opened their facilities to students of all school ages. These Manufacturing Day “open houses” are conducted in hopes of addressing the upcoming workforce… Read more »