Posts Tagged ‘Wage’

Social Compliance Auditing?

November 18th, 2010

social compliance audit Social Compliance Auditing?Social Compliance Auditing is basically a corporate buzzword which covers a broad range of concepts, the most obvious of which is making sure your workers are treated fairly (but this is not the only one).

The idea of a Social Compliance Audit, or Corporate Social Responsibility is relatively new, but has been brought about by consumers who wish to ensure their products are made with all due consideration given to the people and processes involved. This has been a big problem in recent years, as companies outsource their production to China and other 3rd world countries, where laws on environmental and worker protection are non-existent at worse and regarded as best-practice guidelines at best. The most famous case in the news recently involved a Foxconn factory where Apple products are made in Shenzhen, China. A total of 15 workers committed suicide due to inadequate working pay and the promise of insurance money for families if they were to die. Foxconn responded by erecting nets outside the windows to prevent falls, as well as a global pay increase of around 20% to all workers.

Still, this is just one instance of an international problem that highlights the importance of Social Auditing. Indeed, the problem is not just limited to 3rd world countries – a recent Dispatches program from Channel 4 in the UK highlighted a number of factories within the UK itself that were illegally employing Indian workers at half of the national minimum wage and in inadequate working conditions, producing clothes for resale in prominent high street retailers. Companies can no longer ignore their Corporate Social Responsibility and must be vessels for social change.

» Read more: Social Compliance Auditing?

Incoming search terms:

  • social compliance
  • social auditing
  • auditing
  • social audit image pictures

Some Career Possibilities in Fiber Optic Cable

October 15th, 2010

FiberOpticCable 300x200 Some Career Possibilities in Fiber Optic CableFiber optics has become the fastest way for transferring data even over a far distance. There are a lot of applications which use this fiber optic technology, such as broadband internet which brings high definition television service. With this fastest growing technology, there are a lot of career opportunities for you including electronics and telecommunications.

Installer

It is known as the people who provide service for installing new cable. You have to be able to put new connections for radio companies and communications which needs to upgrade networks to meet the satisfaction of their customers. Commonly, they work with construction companies, contractors, utilities, or telecommunication companies.

Repairer

Repairer is similar to the installer. The deference is that he deals with destroyed or damaged cable lines. If you are interested in being a repairer, you should be able to determine the number of damage control and maintenance work which needs doing. Then, you have to repair or replace that damaged line.

However, the work of installer and repairer is risky. You have to work in high places such as utility poles and communication towers. You can also work in very confined spaces such as crawling spaces and trenches. In addition, you also have to be ready for working under the extreme weather conditions or around high voltages. Becoming an installer or repairer does not need a high level of education, high school diploma and equivalent training is adequate. If you want to be more competent, you have to understand about trigonometry and algebra. However, you have to go to college or vocational training.

» Read more: Some Career Possibilities in Fiber Optic Cable

Incoming search terms:

  • fiber optic cable
  • fibre optic cable
  • fiber

Active Vs Passive Income? No Active and Passive Income

June 11th, 2009

passive income 300x202 Active Vs Passive Income? No Active and Passive Income Active Income – Income for which services have been performed. This includes wages, tips, salaries, commissions and income from businesses in which there is material participation. Active income is income from any of the following:

– Wages, salary, commissions, bonuses, or other payments for services rendered;
– Profit from a trade or business in which you are a material participant;
– Gain on the sale or other disposition of assets used in an active trade or business;
– Income from intangible property, if your personal efforts significantly contributed to the creation of the property.

Passive income is income from either of the following:

– Any trade or business or income-producing activity in which you did not materially participate; or
– Subject to certain exceptions, all rental activities, whether you materially participate or not.

» Read more: Active Vs Passive Income? No Active and Passive Income

4 Steps to Reduce Your Taxes

April 15th, 2009

tax1 239x300 4 Steps to Reduce Your TaxesAs a tax professional, I prepare hundreds of tax returns every year. When I first started out, I used to think that the best way I could help people was to prepare a return as accurately and as quickly as possible. You know, provide great customer service.

And it is very important that your return be done “right” –all the numbers on the right lines, using the right forms, etc.

But no matter how good a job I did preparing tax returns, every year I would hear the same complaint over and over again from my clients:

“I pay way too much tax. The government is getting way too much of my money. What can I do to pay less tax? How can I lower my tax bill — legally?”

Sound familiar? I’d bet a lot of money that you’ve felt this way, too. Most people feel this way. And I know that most small business owners feel this way.

And most people really don’t know what to do about it. I mean, what can you, the typical self-employed person, do to lower your taxes?

I’m here to tell that there is plenty you can do. So let’s get started. Here are 4 simple steps you can take to drastically reduce your taxes:

» Read more: 4 Steps to Reduce Your Taxes