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What the theory of the Iron Law of Wages?
The Iron Law of Wages is an economic theory that suggests wages will tend to settle at the minimum level necessary for workers to survive. This theory implies that increases in wages would eventually be offset by rising population growth, leading to a cycle of low wages and high unemployment. The theory has been widely debated and criticized for its assumptions and implications.
If a person had a car repossessed, and the sherriff dept, is garnishing wages, will this persons tax refund be effected?
If your wages are being garnished it will not effect how much you get back or pay in. Keep in mind though the garnishing authority could take your refund with a process called claim of right or offset.
What is the definition of a payroll?
A payroll is a list of people that you employ who you pay a wage or salary for the work they do for your company. This also includes details of any deductions taken from their wages weither statutory or voluntary.
Vacation pay accrued during maternity leave?
During a legislated or approved leave of absence from work, employment is considered continuous. Therefore, an employee is still considered employed, though not earning wages. The leave does not affect employees' right to take vacation time; it only affects the amount of vacation wages earned. See the Vacations and Vacation Pay page for details on earning and paying vacation. Maternity leave is an unpaid leave so you would be entitled to vacation pay service Canada for more details.
Can you collect unemployment if you only worked part time and are now out of a job due to giving birth?
Depends on your state. In some states, you qualify for Family Medical Leave of Absence and you are entitled to a percentage of your wages for maternity reasons if you meet the criteria.
Paid maternity leave in Calif?
California SDI covers your maternity leave during the time you are physically unable to work. The paid family leave kicks in after the disability ends giving you an additional six weeks to bond with your baby.
What is the statutory sector -?
The statutory sector involves all the organisations that are set up, controlled and funded by the government, for example public school and NHS hospitals. The statutory sector is funded by people who pay taxes and national insurance etc. This is different from the independent sector which involves organisations being run by business people who are usually in it to make profit. The independent sector is funded by the clients who use the service. Their money is used to buy supplies and pay wages etc. An example of an independent sector organisation is private schools.
What states give maternity leave?
Five states have mandatory short term disability insurance that provides coverage for maternity leave: California, Hawaii, New Jersey, New York, and Rhode Island. The level of income replacement is limited, you can increase the amount of income replacement using individual short term disability insurance. If you live in one of the 45 states that do not mandate coverage, you can apply for individual short term disability and get your own maternity leave coverage.
Edu is garnishing wages can they offset fed return with out notice?
Yes, any garnishment for federal student loans has the ability to take your income tax refund checks without any notice, since such ability is prescribed by law or regulation.
What are some companies that can offset and reduce business insurance costs?
smaller companies can reduce the insurance costs by 35% by ensuring the average wages dont exceed $50,000 per employeee. The company can apply to shop in the healthcare insurance marketplace as of 2014.
What is the journal entry for outstanding wages?
debit wages expensescredit wages payable
Will you still have to return a repo car if your wages are being garnished?
You can, but at this point, you are paying the debt. You are paying involuntarily, and returning the car will help offset that debt once it is sold. It will also stop the debt from climbing higher as garnishment incurs other fees that will be assessed to you.
