In recent years, technology has transformed the job market in unprecedented ways. With the advent of automation, artificial intelligence, and other cutting-edge technologies, traditional employment models are rapidly evolving. In this article, we will delve into the many ways in which technology is reshaping the job market, from the rise of remote work to the emergence of new skill sets in high demand. Join us as we explore the impact of technology on the world of work, and the ways in which individuals and organizations can stay ahead of the curve in a rapidly changing landscape.
Automation and Artificial Intelligence
Automation and Artificial Intelligence (AI) are rapidly transforming the job market. Automation refers to the use of machines and technology to perform tasks that ...
For those seeking a job, the prospect of an interview can be simultaneously thrilling and terrifying. Job interview skills are best acquired through preparation and practice. To get ready for an interview, job seekers must familiarize themselves with their potential employers and with their own backgrounds. They should practice answering common job interview questions and plan the logistics of the interview day in advance.
Research the Job
Interviewees need to research the industry, the organization, and the position itself. They may begin by researching current events and trends in their selected field and continue on to read about the organization specifically. Middlebury College's career services website advises interviewees to "Learn as much as possible about the size, locati...
Managing a group of employees during good economic times can have its ups and downs. But what about supervising a group of workers during layoffs, downsizing, and furloughs? The negative effect on worker morale and productivity can be overwhelming. The following toolbox can help managers stay positive and keep employees motivated.
Honest and Frequent Communication
Keep employees notified of global economic impacts for the organization. Set regular meetings with employees to answer questions and keep everyone informed.
Dena Uding of the California Department of Water Resources says open communication is key. When potentially bad news is about to break, Dena says sharing the known and unknown facts with staff first helps keep rumors from spreading. Being honest with employees al...
Payroll systems use different paycodes so that hours are classified differently based on how salaries are earned or paid. The reason to identify the type of hours paid in payroll is three-fold:
to pay hours at a different rate,
to keep time used against a paid time off bank, or
to track time for a productivity system
Productive Hours for Accounting Purposes
Time that is worked is tracked as productive time, that is, when work is produced by employees as a normal course of their job. This can be broken down in separate categories based on the pay rate that is assigned to the employee.
The most common pay code is for regular hours, which also could be called normal or standard hours. A person who is assigned a 40 hour work week that shows up, punches in on time and leaves a...
While most supervisors could communicate praises and give good ratings to their subordinates, some may feel uncomfortable telling employees that their performance is poor. This is only natural, especially if one is a young supervisor or new in the position.
A supervisor need not feel uncomfortable if he or she is well prepared to lead the performance review which is also known as the appraisal session.
How to Conduct the Performance Review
First and foremost, set aside a suitable date and time for the review and inform the employee. Priority and commitment given will ensure a fruitful outcome. Arranging a session at short notice or postponing a scheduled session at the last minute will not reflect well on the supervisor.
A few simple pointers could help the performance appr...
The law requires employers to withhold income taxes from employees’ paychecks. The tax withheld depends on the type of tax. The employee can generally control federal income tax withholding because it is largely based on his filing status, income and number of allowances. However, the government sets the Social Security and Medicare tax amounts. Figuring payroll taxes can be confusing, but once the process is understood, the withholding can be determined.
Federal Income Taxes on a Paycheck
Use Form W-4 and the IRS withholding tax tables to determine federal income tax withholding. The filing status and number of allowances from are on the W-4. Then, use the withholding tax tables (Circular E) for the appropriate tax year to perform the calculation. If the employee has 10 or fewer...