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What to know about hiring employees


General Business Discussions

A place to talk about general business discussions.
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  #11  
Old 02-13-2010, 08:06 AM
bnclawncare bnclawncare is offline
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Originally Posted by ProCut TM View Post
BNC****
what other costs will you incur on your end besides the $1100 w.comp?
how many employees do you have?
how many hours per week will they work?

Thanks for your input, keep it coming guys. This is good stuff.
Other than the workers comp, it is only their salary and my 7.5% portion of the taxes that I need to pay.
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  #12  
Old 02-13-2010, 12:43 PM
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Down here, I dont think you need it for 1 employee.. My dad doesnt have it and he has 2 employees..
I will ask him and see what he says..
We signed a leagle wavier if we get hurt on the job.. Ill ask him about that also..

you can always hire me .. im looking for some part time work..
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  #13  
Old 02-14-2010, 06:02 AM
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My dad doesnt have it and he has 2 employees..
I will ask him and see what he says..
We signed a leagle wavier if we get hurt on the job.. Ill ask him about that also..
I'd like to hear what he has to say. Do you have a copy of the waiver to show us?
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  #14  
Old 02-14-2010, 09:07 PM
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Originally Posted by XtreemGreen View Post
Down here, I dont think you need it for 1 employee.. My dad doesnt have it and he has 2 employees..
I will ask him and see what he says..
We signed a leagle wavier if we get hurt on the job.. Ill ask him about that also..

you can always hire me .. im looking for some part time work..
any word yet?
I'd like to see the waiver too
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  #15  
Old 02-14-2010, 09:27 PM
XtreemGreen XtreemGreen is offline
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No info yet...They took my son to Daytona 500 today...
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  #16  
Old 02-15-2010, 09:38 PM
ProCut TM
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I talked to paychex today I will post more info when I get it.
I spoke with someone else who said you can be exempt from workman's comp if you have fewer than 4 employees. paychex does the w comp for $75+pay as you go based on the wage ($20k per year for one employee would be around $1000 total)
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  #17  
Old 02-22-2010, 07:25 PM
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Paychex was the only company to respond to my RFI. I have a meeting with them 3-2-10

I met with my CPA today he verified that in FL you can get exempt from workers comp for up to 4 employees after that you need it for sure.

Next I need to incorporate, everyone I talk to so far has said s-corp is the way to go. Anyone got any insight on this?
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  #18  
Old 02-22-2010, 09:02 PM
XtreemGreen XtreemGreen is offline
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Originally Posted by ProCut TM View Post
Paychex was the only company to respond to my RFI. I have a meeting with them 3-2-10

I met with my CPA today he verified that in FL you can get exempt from workers comp for up to 4 employees after that you need it for sure.

Next I need to incorporate, everyone I talk to so far has said s-corp is the way to go. Anyone got any insight on this?
Thats it.... I knew that, but I didnt want to be wrong..Also exempt is family members..
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  #19  
Old 02-22-2010, 09:04 PM
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Thats it.... I knew that, but I didnt want to be wrong..Also exempt is family members..
I'd still like to see a copy of the disclaimer you were saying your dad made his employees sign.
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