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Before the Hire

Before the Hire. Unit 5. Background checks-criminal Drug test Lie Detector Test Face Book (Social Network) Test?? Credit Check. Employment Checks. Gross vs. Net Pay Pay Period-weekly, bi-weekly, monthly Deductions-mandatory vs. voluntary. Pay Types. Federal Tax Rate 10-35%

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Before the Hire

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  1. Before the Hire Unit 5

  2. Background checks-criminal Drug test Lie Detector Test Face Book (Social Network) Test?? Credit Check Employment Checks

  3. Gross vs. Net Pay • Pay Period-weekly, bi-weekly, monthly • Deductions-mandatory vs. voluntary Pay Types

  4. Federal Tax Rate 10-35% • State Tax Rate 5 % (IL) • Medicare 1.45% • Social Security 6.2 % • Old Age, Survivors, Disability Insurance 2009 (OASDI) (FICA) • Employers pay the same rates for SS & Medicare Mandatory Deductions

  5.  Union Dues • If you are a member it is required • Charity • Only if interested • Insurance • Family or Single depending on benefits Voluntary Deductions

  6. to attract and hold capable personnel • to keep up with competition • to foster good morale • to provide opportunities for advancement and promotion as older workers retire. Benefits-Reasons

  7. Health Insurance • employers cover almost 80% of the cost • PPO Preferred Provider Organization • HMO Health Maintenance Organization • Family, Single Coverage • Percentage Paid by employer—100% single, partial for family Benefits

  8. Pension-company vs. 401K Plans • Vacation-usually starts with 2 weeks • Life Insurance • Sick Days, Holidays, Personal Days • Car Expense, Daycare, Education More Benefits

  9. Minimum wage • Child Labor Laws • Overtime-1 ½ times the rate-less than $500,000 in sales can be exempt from paying overtime. Fair Labor Standards Act (FSLA) of 1938

  10. Minimum Wage-least amount can be paid • Federal $7.25 July 24, 2009 • State of IL $8.25 July 1, 2010 • **Always get paid the higher of the two • ** if under 18 can get paid .50 cheaper if still a student in HS Legal Rights of Workers

  11. Overtime Pay • 1 ½ times the rate if you work over 40 hours a week • Certain careers are exempt • $500, 000 annual volumes of sales or above if not it is exempt • Must be paid hourly to receive Legal Rights of Workers-Continued

  12. Unemployment • $51-369 individual per week • $439 w/spouse • $511 w/kids & spouse • based on salary, only through no fault of your own. Legal Rights of Workers-Continued

  13. allows employees to have a maximum of 12 weeks leave • To handle an emergency-birth, adoption illness • Guarantees your job, not necessarily the exact job you had before you left. Family Emergency Leave Act of 1993

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