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 »
Medical device developers are some of the most heavily regulated companies in the U.S. When people’s health and safety are at risk, there are many standards that need to be implemented to ensure the well being of its customers. Here is a great article published in Machine Design on how to design medical device products… Read more »
The Augmented Reality market (or AR as it is most commonly known as) is expected to rise to $198.17 billion in value by 2021. Many consumer-based industries, such as gaming and consumer electronics, have embraced this technology and more recently, some manufacturing companies have started implementing it as part of their day-to-day operations. At… 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 »
California’s “ABC Test” and the U.S. Federal Agencies’ “Common Law Rules” have presented employers with conflicting standards on how to engage with workers as independent contractors. To prevent worker misclassification penalties, businesses should supplement their work force by leveraging staffing firms to hire workers as W-2 employees. In 2019, the State of California and… 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 »
Industrial automation is changing how business operations and everyday tasks are being done. There are companies working on automating manufacturing assembly lines, while others are working on automating food preparation (Eatsa, Zume Pizza and Creator), barista-less coffee bars (Café X), package delivery (Prime Air, Alphabet’s Wing, Matternet) and even self-driving shopping carts (Caper). Since this… 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 »
