View Full Version : Just got a reason to cut my employees pay
furface
04-21-2010, 01:03 PM
Got a postcard from the IRS. I knew this before, but basically for a small business if your average wages are less than 50k per year, you can get medical insurance subsidies. I'm thinking maybe I should cut my employees salaries to make it so the average is less than 50k. I think this rule may have an interesting effect small business hiring practices.
Linus
04-21-2010, 01:09 PM
Got a postcard from the IRS.
You opened and read it, it said they were suckers?
MelissaWV
04-21-2010, 01:12 PM
You opened and read it, it said they were suckers?
How do you open a postcard... :confused:
MelissaWV
04-21-2010, 01:15 PM
Got a postcard from the IRS. I knew this before, but basically for a small business if your average wages are less than 50k per year, you can get medical insurance subsidies. I'm thinking maybe I should cut my employees salaries to make it so the average is less than 50k. I think this rule may have an interesting effect small business hiring practices.
Do they include other benefits in their calculations, or is it strictly salary (monetary compensation)? The reason I ask is that I bet a lot of small businesses would cut salaries but, say, partner with another business and swap services to make up the rest. Imagine an accounting firm partnering with a daycare. The accounting firm provides "consultation" to the daycare, and the daycare provides services to the accountants at a reduced/zero cost based on their employment there. If you can target something that all/most of your employees have to pay for, and find a way for them to get it for free, they are probably going to be okay giving up some of their salary on paper. Add in the fact that their income tax bill will go down... hmm.
Danke
04-21-2010, 01:16 PM
How do you open a postcard... :confused:
Turn it over?
emazur
04-21-2010, 01:17 PM
You opened and read it, it said they were suckers?
What's the origin of that line? Only time I've heard it was in the lyrics of a song by Tricky
furface
04-21-2010, 01:21 PM
Do they include other benefits in their calculations, or is it strictly salary
Here's a link on the specifics. I think it's just salary. I don't think owners or shareholders are considered for the credit or in the calculations.
http://www.smallbusinessmajority.org/hc-reform-faq/
MelissaWV
04-21-2010, 01:30 PM
Here's a link on the specifics. I think it's just salary. I don't think owners or shareholders are considered for the credit or in the calculations.
http://www.smallbusinessmajority.org/hc-reform-faq/
It looks like you could do the sorts of things I said, or you could cut the number of employees down (towards the top end of the salary scale) and reduce their hours until they are PT rather than FT.
dean.engelhardt
04-21-2010, 01:32 PM
The new doughnut hole?
angelatc
04-21-2010, 01:37 PM
It looks like you could do the sorts of things I said, or you could cut the number of employees down (towards the top end of the salary scale) and reduce their hours until they are PT rather than FT.
Hire new people at minimum wage to bring the average down.
ctiger2
04-21-2010, 01:53 PM
What's the origin of that line? Only time I've heard it was in the lyrics of a song by Tricky
Public Enemy - Black Steel In The Hour Of Chaos
I got a letter from the government
The other day
I opened and read it
It said they were suckers
They wanted me for their army or whatever
Picture me given' a damn - I said never
Here is a land that never gave a damn
About a brother like me and myself
Because they never did
I wasn't wit' it, but just that very minute...
It occured to me
The suckers had authority
Cold sweatin' as I dwell in my cell
How long has it been?
They got me sittin' in the state pen
I gotta get out - but that thought was thought before
I contemplated a plan on the cell floor
I'm not a fugitive on the run
But a brother like me begun - to be another one
Public enemy servin' time - they drew the line y'all
To criticize me some crime - never the less
They could not understand that I'm a Black man
And I could never be a veteran
On the strength, the situation's unreal
I got a raw deal, so I'm goin' for the steel
They got me rottin' in the time that I'm servin'
Tellin' you what happened the same time they're throwin'
4 of us packed in a cell like slaves - oh well
The same motherfucker got us livin' is his hell
You have to realize - what its a form of slavery
Organized under a swarm of devils
Straight up - word'em up on the level
The reasons are several, most of them federal
Here is my plan anyway and I say
I got gusto, but only some I can trust - yo
Some do a bid from 1 to 10
And I never did, and plus I never been
I'm on a tier where no tears should ever fall
Cell block and locked - I never clock it y'all
'Cause time and time again time
They got me servin' to those and to them
I'm not a citizen
But ever when I catch a C-O
Sleepin' on the job - my plan is on go-ahead
On the strength, I'ma tell you the deal
I got nothin' to lose
'Cause I'm goin' for the steel
You know I caught a C-O
Fallin' asleep on death row
I grabbed his gun - then he did what I said so
And everyman's got served
Along with the time they served
Decency was deserved
To understand my demands
I gave a warnin' - I wanted the governor, y'all
And plus the warden to know
That I was innocent -
Because I'm militant
Posing a threat, you bet it's fuckin' up the government
My plan said I had to get out and break north
Just like with Oliver's neck
I had to get off - my boys had the feds in check
They couldn't do nuthin'
We had a force to instigate a prison riot
This is what it takes for peace
So I just took the piece
Black for Black inside time to cut the leash
Freedom to get out - to the ghetto - no sell out
6 C-Os we got we ought to put their head out
But I'll give 'em a chance, cause I'm civilized
As for the rest of the world, they can't realize
A cell is hell - I'm a rebel so I rebel
Between bars, got me thinkin' like an animal
Got a woman C-O to call me a copter
She tried to get away, and I popped her
Twice, right
Now who wanna get nice?
I had 6 C-Os, now it's 5 to go
And I'm serious - call me delirious
But I'm still a captive
I gotta rap this
Time to break as time grows intense
I got the steel in my right hand
Now I'm lookin' for the fence
I ventured into the courtyard
Followed by 52 brothers
Bruised, battered, and scarred but hard
Goin' out with a bang
Ready to bang out
But power from the sky
And from the tower shots rang out
A high number of dose - yes
And some came close
Figure I trigger my steel
Stand and hold my post
This is what I mean - an anti-****** machine
If I come out alive and then they won't - come clean
And then I threw up my steel bullets - flew up
Blew up, who shot...
What, who, the bazooka was who
And to my rescue, it was the S1Ws
Secured my getaway, so I just gotaway
The joint broke, from the black smoke
Then they saw it was rougher thatn the average bluffer
'Cause the steel was black, the attitude exact
Now the chase is on tellin' you to c'mon
53 brothers on the run, and we are gone
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