Sentences with phrase «paid by workers»

In no event shall this subsection be construed to require that coverage exceed the applicable uninsured or underinsured coverage limits of the motor vehicle policy or allow a recovery for damages already paid by workers» compensation.
Compensation for pain and suffering, emotional distress and punitive damages are not paid by workers» compensation.
Better still, the proceeds can be devoted to a simultaneous reduction in the payroll tax paid by workers below some reasonable income level.
According to the report, because people are living longer and the birth rate is low, the ratio of workers to beneficiaries is falling, and the taxes paid by these workers will not be enough to pay the full benefit amounts currently scheduled.
After that, taxes paid by workers will cover only 73 percent to 75 percent of the program's expenditures, according to the Social Security Administration.
Social security benefits receive their funding through a payroll tax paid by both workers and their employers.
All he did was to get the people to pay PAYE which is a Federal tax law paid by all workers in Nigeria.
Duncan Exley, director of the Equality Trust, said the withdrawal rate affecting families earning more than # 10,600 should be closer to the 47 % tax rate paid by workers who earn in excess of # 150,000.
The basic idea is that while most economists believe corporate taxes are primarily paid by owners of capital (that is, people who own stock in corporations) in the form of lower profits, a sizable minority, including White House chief economist Kevin Hassett, think that a large share of the tax is paid by workers in the form of lower wages.
Although there is increasing concern that the costs paid by workers such as deductibles and co-insurance continue to mount, having increased access to health insurance overcomes a big hurdle for many entrepreneurs.
That calculation includes payroll taxes such as CPP payments and unemployment insurance, which are actually paid by workers.
Under normal circumstances, this salary would be subject to National Insurance, even if it is then paid by the worker into a pension scheme.

Not exact matches

By way of pay, while the average worker at a startup earns about 6 percent less than a worker at a more established firm, the youngest workers earn about 3 percent more than they do at older firms.
In at least five cases since 2015, Huajian sued workers in Chinese court rather than pay compensation mandated by a government arbitration panel.
By paying workers as independent contractors when they should be paid as employees, federal, state and local governments potentially miss out on tax revenue they would otherwise collect; this tax gap was the focus of a special report to Congress in 2011 and continues to be an area of focus today.
China's huge state - owned infrastructure companies, hampered by their own country's gradual slowdown, need projects that will keep their foundries blazing and their workers paid while the nation makes the transition to a less industrial, more consumer - driven economy.
Those jobs are already very well compensated, so this is acting as a wage subsidy to high - income workers, paid for by the general population.
The State Government is considering tightening payroll tax exemptions amid concerns training organisations are promoting tax minimisation by signing up high - paid workers and managers as trainees.
Before Dan Price caused a media firestorm by establishing a $ 70,000 minimum wage at his Seattle company, Gravity Payments... before Hollywood agents, reality - show producers, and book publishers began throwing elbows for a piece of the hip, 31 - year - old entrepreneur with the shoulder - length hair and Brad Pitt looks... before Rush Limbaugh called him a socialist and Harvard Business School professors asked to study his radical experiment in paying workers... an entry - level Gravity employee named Jason Haley got really pissed off at him.
The solution: Replace the one - size - fits employer coverage by transfering what companies are paying on behalf of their workers directly to the workers themselves, also tax free.
For the average worker, the lost value of that untaken paid time off comes out to $ 604, according to a report by Project: Time Off, which is sponsored by the U.S. Travel Association.
franchises moved to offset Ontario's minimum wage hike by cutting paid breaks and forcing workers to cover a bigger share of their benefits.
Unlike workplace flexible - spending accounts, HSAs don't have a «use - it - or - lose - it» rule and are «portable,» meaning workers who are no longer covered by HSA - eligible health plans because of job changes can continue to tap existing HSAs to pay for qualified medical expenses.
A recent report by WorldatWork indicated that workers on average will receive a 3.1 % pay raise in 2014 as compared to 2.9 % in 2013.
To hire a temporary foreign worker, employers must pay the «prevailing wage» for the position, an amount determined by postings on the Job Bank.
The hope is that by showing faith in the worker, you give them confidence and experience that could pay off later in the season.
Only by hiding behind the concept of «amateurism» is it possible to run a humming industry without paying your workers.
In the first three months of the year, Goldman Sachs workers at the mega-bank saw their pay and benefits increased by roughly $ 23,578 since the same quarter last year, according to the bank's first quarter earnings release.
The source said the pay cap was brought in to «deal with the mess we inherited from Labour» and acknowledged the «hard work and sacrifice» made by public sector workers, saying jobs had been protected and the deficit reduced by three quarters.
The most recent regulatory action taken in the hopes of reigning in unjustified CEO pay was a rule implemented by the SEC last year, which requires companies to publish the ratio of CEO pay to the median salary of other workers at the firm.
Oxfam said that women workers were worst hit by global inequality as they consistently earn less than men and usually have lower paid and more insecure forms of work.
She was particularly alarmed by the growing gap between median worker and CEO pay.
The latest calculations were based on an earlier finding by the groups that earnings for CEOs in the U.K.'s benchmark FTSE 100 dropped by a fifth in 2016 to 4.5 million pounds ($ 5.4 million) annually and another showing a CEO - to - worker pay ratio of 120 to 1.
Those nonunion workers, therefore, still benefit from the union's actions even though the union doesn't get paid by them.
«We're seeing premiums rising at historically slow rates, which helps workers and employers alike, but it's made possible in part by the more rapid rise in the deductibles workers must pay,» Drew Altman, CEO of Kaiser, said in a release accompanying the survey.
Wage growth has been scarcely better, particularly as more workers become contractors in the so - called gig economy, which offers little by way of job security, benefits, and pay.
A number of workers should expect bonuses — but not pay raises — this holiday season, according to recent studies by Bankrate.com and Accounting Principals.
Forty percent of Fortune 500 companies were founded by immigrants or the children of immigrants and H - 1B workers fulfill highly paid roles where existing demand can not be met by domestic candidates, he said.
Workers on private sector contracts, however, will be paid by the government for only 48 hours.
Foxconn, meanwhile, has responded to the issue by hiking employee pay by 30 %, which the CEOs see as both an appropriate response to the company's mistreatment of its workers, and a sign of further wage pressures in China.
And a 2010 survey by the Institute for Women's Policy Research revealed nearly half of US workers reported they were either «contractually forbidden or strongly discouraged» from discussing pay with coworkers (although, as of 2014, 10 states had passed laws protecting employees» rights to discuss salaries).
«By shirking its responsibilities to pay its workers,» states the document, the «defendant is in essence thumbing its nose both at their workers and the taxing authorities of all states and the U.S. government.»
Union officials, who have vowed to fight any effort to reduce benefits to retirees and vested workers, claim the city has undermined the pension fund by outsourcing city services to workers who don't pay into the system.
A worker demonstrates Apple Pay inside a mobile kiosk sponsored by Visa and Wells Fargo to demonstrate the new Apple Pay mobile payment system on October 20, 2014 in San Francisco City.
A recent report by the workers» rights nonprofit Restaurant Opportunities Centers (ROC) United found that 28 % of Carl's Jr. and Hardee's employees surveyed said they had worked off - the - clock and roughly 33 % reported wage theft violations, such as not receiving or overtime pay.
And the union that staged the protest is returning with the workers, who will see their pay and seniority respected by the new boss, who is decidedly not the same as the old boss.
«The fastest average pay growth was in Boston in August, where median base pay for full - time workers rose by 2.4 percent from a year ago to $ 58,731 per year,» the report notes.
FireFly buys its goat milk from seven family farms near the creamery, still makes its cheeses by hand, and has made a firm commitment to paying its workers a living wage.
With his threats of large tariffs on imported goods, he has succeeded in forcing these giants to make uneconomic decisions — such as Carrier paying $ 25 per hour to its workers in Indiana to do work that can be done by Mexican employees for $ 2.50 per hour.
Class action lawsuits filed by current and former Chipotle workers in Colorado and Minnesota accuse the burrito chain of making employees work extra hours without pay, reports CNN.
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