Archive for the ‘Business’ Category

North Carolina puts school funding on the back burner, deny voting rights, and now rapes you of your personal property!

school funding, they deny our voting rights, now they are proposing forced Hydro Fracking on our lands. I’m so close to protesting! http://www.newsobserver.com/2013/08/28/3145187/officials-ok-rule-to-force-fracking.html

IRS Simplifies Late S Corp Elections

The Internal Revenue Service has combined parts of several revenue procedures into a new revenue procedure that provides relief to companies that make late elections to become S corporations.

PRF Accounting and Tax Announces NEW website!

Come visit PRF Accounting and Tax completely redesigned website! October 15th is coming quickly, so if you need to get your 2012 taxes filed we can help!! Also we have provided tools to help you get organized to file 2013 Form 1040.

Worker wages: Wendy's vs. Wal-Mart vs. Costco

By Emily Jane Fox @emilyjanefox August 6, 2013: 1:37 PM ET

worker pay

The workers hold similar positions at these companies. Levels of experience vary but the wages are representative of the average worker we interviewed.

NEW YORK (CNNMoney)

Can a company pay its workers well and also make money?

Many aren’t quite hitting the right balance. Hundreds of dissatisfied workers at major American companies like Wal-Mart (WMT, Fortune 500), McDonald’s (MCD, Fortune 500) and Wendy’s (WEN) have joined protests nationwide in the past year demanding higher wages and better benefits.

One company that hasn’t had to deal with such strikes is Costco.

The no-frills warehouse chain pays its hourly workers an average of just over $20 an hour, compared to just under $13 at competitor Wal-Mart. Even President Obama praised Costco in a recent speech about helping the middle class.

Related: The real budget of McDonald’s workers

The recession has been good for companies that targeted budget-minded customers. Sales at Costco (COST, Fortune 500) have grown an average of 13% annually since 2009, while profits have risen 15%. Its stock price has more than doubled since 2009.

During the same period, discount retailer Wal-Mart’s sales grew an average of 4.5% each year, profits rose 7%, and its stock price increased 70%.
Costco seems to be investing some of those profits back into its employees.

Cesar Martinez, a 37-year-old fork lift operator, has worked at a Costco in North California for 19 years. He makes $22.82 an hour, gets health benefits and a pension plan. He manages to save, and doesn’t worry about hospital bills for his daughter, who suffers from asthma.

“That’s the reason why I’ve been here for so long,” he said. “The company gives you a decent wage and treats you with respect and takes care of you. That’s why we all give 100%.”

Some experts say companies aren’t able to adopt the Costco model, because they can’t charge its $55 annual membership fee.

Related: Calling all Apple Store employees! Share your story

However, research shows that it pays to pay employees well, because satisfied workers are more productive and motivated, according to MIT Sloan School of Management professor Zeynep Ton, who focuses on operations management.

“How many times have you gone to a store, and the shelves are empty or the checkout line is too long, or employees are rude?,” she said. “At Costco, you see a huge line that disappears in minutes.”

The productivity translates into sales, she said.

According to Ton’s research, sales per employee at Costco were almost double those at Sam’s Club, its direct warehouse competitor owned by Wal-Mart.

Why I’m protesting my fast food job

Why I’m protesting my fast food job

Workers who are dissatisfied with pay are joining picket lines. Last week, fast food workers in seven cities from chains like McDonald’s, Wendy’s and Yum Bran (YUM, Fortune 500)ds-owned KFC, protested for higher wages of $15 an hour. It’s a demand they’ve been making since last November.

It’s been spreading — from hundreds of Amazon warehouse workers in Germany to Wal-Mart workers walking off work, all calling for better pay, fair schedules and affordable health care.

The median pay for fast food workers nationwide is $9.05 an hour, or about $18,800 a year.

“While the fast food and retail industry is making record profits, its workers are forced to rely on public assistance just to afford the basics,” according to Fast Food Forward, a union- and community group-backed organization behind some of the protests. To top of page

First Published: August 6, 2013: 6:05 AM ET

There is time to sign up for the “Individual Provisions of the Affordable Care Act” webinar scheduled for Tuesday, July 30th at 1PM EDT. Various dates in August have also been scheduled. Check out dates/times by clicking the link below.

Be kind to others.

Posted: July 18, 2013 in Business, Ethics

Be kind to others.

“The true measure of a man is how he treats someone who can do him absolutely no good.” – Ann Landers

Make a Difference!!

Posted: May 30, 2013 in Ethics
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“Great opportunities to help others seldom come,
but small ones surround us every day.”

– Sally Koch

Good morning and Happy Friday!

For some inspiration listen to ’This Is Water’ by David Foster Wallace, while you make your coffee or do your morning push ups or even in the shower!

(Thanks Upworthy)

Success

Posted: May 11, 2013 in Ethics
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“Success isn’t something that just happens. Success is learned, success is practiced and then it is shared.” ~Sparky Anderson