Understand the minimum wage definition in economics. Discover the history of minimum wage in the U.S., and explore the advantages and disadvantages...
General Motors on March 19 began working with medical device company Ventec to determine how to increase its production of ventilators tenfold. However, the companyhas been the target of ireby the Trump administration, which has urged GM to produce more ventilators; the president invoked the Defen...
The current FUTA rate is 6% with a wage limit of $7,000 for each employee per year. There’s a Tentative Credit of 5.4%, so most employers pay 0.6%. Find more info about employer taxes in our handy Payroll Resources. For a comprehensive guide check out What is FUTA? How can I ...
Define Hourly Billing Rate. for salaried employees, Hourly Billing Rate = (salary/2080) x (1 + Markup + Fringe) • for hourly employees, Hourly Billing Rate = (hourly wage) x (1 + Markup + Fringe)