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The U.S. economy is expected to add 7,232,517 jobs over the next five years—a 5% increase—but a new study from Economic Modeling Specialists Intl. shows that workers in middle-wage jobs may not find as many opportunities.
Sometimes, an employee’s performance problems may not seem serious enough to warrant a formal performance improvement plan. However, you should be sure to document the problems anyway. Those records will be useful if you later have to terminate someone for economic reasons.
Employers are allowed to pay tipped employees less than minimum wage and take a credit for the difference through their tips. With minimum wage set at $7.25, employers may pay $2.13 per hour as long as tips make up the difference (or more). But can the employer deduct from the credit costs associated with credit card processing and calculating, cashing out and distributing the money?