Companies can receive tax credits for hiring employees that either live in a certain location or are part of a target group of individuals. Hiring Tax Credits can dramatically impact a company’s federal tax liability. Work Opportunity Tax Credit (WOTC) This federal tax credit reduces the federal tax liability of employers. Eligibility for this credit is based on the employer’s
By Elliot Forsyth, Vice President of Business Operations at the Michigan Manufacturing Technology Center (The Center) Manufacturers are increasingly under threat from cyberattacks. This is a real concern not just because of the typical business vulnerabilities (e.g., stolen intellectual property, ransomware) but because in today’s increasingly connected world, a successful infiltration from a cybercriminal could shut down a plant’s operations
By McGriff Insurance Services Q: We have an employee that presently covers his family under a High Deductible Health Plan (HDHP) and is making the maximum family level contribution into an HSA. The employee’s spouse will turn 65 next July and will then be covered under Medicare Part How does the spouse’s Medicare enrollment affect our employee’s HSA eligibility and
By Robert Smith, Fisher Phillips Safety Solutions LLC and George D. Adams, Fisher Phillips LLP The International Organization for Standardization (ISO), with the help of Safety and Health experts from more than 70 countries, developed ISO 45001. It is intended to help companies significantly reduce workplace injuries and illness, dramatically improve employee productivity and quality, and increase profitability. The ISO
Addressing gaps, potential risks and islands of automation on a staged basis minimizes costly disruptions to operations and provides greater flexibility as equipment and data needs evolve over time As Distributed Control Systems (DCS) age, there can be increasing risks to the process manufacturer. An old or obsolete DCS system may no longer be supported by the original supplier, spare
[vc_row][vc_column][vc_column_text]Our Executive Director Lee Lingo joined Tom Roten on October 18 to discuss our Wage and Benefits Survey, our Excellence in Manufacturing Summit, and the state of manufacturing in Kentucky. LISTEN NOW More about Wage & Benefits: https://kam.us.com/wage-and-benefits/ More about our Summit: https://kam.us.com/summit19/[/vc_column_text][/vc_column][/vc_row]