Workmans Comp is elective in Texas. SO there isn't a mininum number threshold above which you are required to carry workman's comp for your employees. On the other hand you may be required to carry it under a contract or if you are working for a government or private entity that requires it. SOmetimes contracts read that the contractor must "mainatin WC insurance coverage as reaquired by state law". For 8 years I've managed to convince clients that it's not needed. I think that's about to change. I've met my match, a client who is an insurance company... and they DO require it. Charles M Bryant Bryant Forestry Montgomery TX All 50 states require Workers Comp though most if not all have exemptions. In Texas, you can select a Non-Subscription product that's similar to Comp or, if you file the proper forms, opt out entirely. Most if not all states allow you to self-insure if you have enough cash to set aside. Even if you exercise an exemption, you remain liable, so make sure you have plenty of cash for work-related injury claims if you don't carry coverage. Also, even if you don't think your employee would sue, their spouse or minor children who have to get through life on your employee's reduced salary if he has a major injury, or without his salary and companionship if he dies, may present an issue. Texas is a "ladder state," meaning liability goes up the ladder until someone can pay, and General Contractors (which could mean a contractor's clients) are required to either furnish Comp for their contractors who don't have it OR be remain liable without benefit of coverage. It's a risk I wouldn't take - I would require Comp or a similar product like Non-Subscription or Occupational Accident (especially if paired with Contingent Liability) be in place for ALL workers.
minimum of 500
One. Workers compensation insurance can be carried on a one person company or not. However, if the company employs more than just the owner, workers compensation insurance is required.
20 employees required for enrollment in provident fund scheme
legally, they are required to. However, employers that do not keep records of the employees actual wages don't pay their employees minimum wage if gratuities are not paid.
minimum of two promoters should be there in a company
An increase in the minimum wage would mean that employers would have to pay some employees more. If the company is already struggling to make ends meet, an increase in the minimum wage might result in layoffs because the company is unable to pay the new required wage rate.
A lot. Living wage is a wage which you can live off of and meet your needs. The minimum wage is the minimum businesses within a jurisdiction are required to pay their wage-based employees (this does not apply to contractors, commission-based employees, or employees subject to receiving tips. One is substantially lower than the other.
Wage employees are paid for services rendered and their work is strictly monitored by their employer. Their pay can be in the form of salary, hourly, or commission; but it must meet the state minimum hourly wage. Additionally, the company holds taxes out of these employees' paychecks. Self employees on the other hand are not as closely monitored by the companies that they are contracted with. They often receive work on project basis and are not required to meet the state minimum hourly wage. They are required to pay their own taxes.
The absolute minimum number of employees trained to do payroll is 2. Depending on the size of the organization, more employees may need to be trained on the payroll system. Payroll utomation or using an outside payroll company can reduce the number of employees required or make a payroll department obsolete.
Compensation for tipped employees must total at least $6.65 per hour. employers of tipped employees are required to pay tipped employees at least 50% of the minimum wage, or $3.325 per hour. Employers of tipped employees must pay more than half of the minimum wage to tipped employees if it is necessary to bring the employee's total compensation up to $6.65 per hour. This came from www.dolir.mo.gove/ls/minimumwage
An SAOG is also a joint stock company, but the minimum capital required for this type of company is 2 million
The exact qualifications required to be a criminal justics attorney will depend on the company you wish to work for. As a minimum you will need a bachelor's degree and a Juris Doctor degree.
If the small business has the minimum number of employees required by Obama Care, the small business may go out of business or may discharge some employees in order to remain under the minimum number for participation.
A minimum wage poster is published by the Department of Labor, either the federal department or individual state labor departments. It is required to be displayed at most workplaces and contains information regarding the minimum wage for employees.
Minimum CGPA for any core company these days is 8.5...so start working harder boys..
The minimum wage is determined by the federal government and can be exceeded by the state government. It is public information. Employers are not required to post notices about the minimum wage.
One of the characteristics of a private limited company is that the minimum paid up capital required for a private sector company for a start up is 100000. The other characteristic is that it has a minimum of two members and a maximum of 50 people.
The salary range for Target employees is between minimum wage for your state and $15.00 an hour. The actual amount depends on how long you have been with the company and what your position is with the store.
The minimum for most provisions is 15 employees for 19 or more weeks of the current or past year. However, the Equal Pay provisions apply for 2 or more employees if engaged in any form of interstate commerce (which everyone is, in some form or another, whether you realize it or not!).