ARE YOU AWARE ?

 MINIMUM WAGE:

In New York and in Ohio.  Many people are unaware that SOME tipped employees do not fall under the normally identified minimum wage.  The ‘other’ minimum wage is for food and beverage employees whose tips are supposed to make up to the normally identified minimum wage or the employer is supposed to compensate up to that rate.  In the 1-19-2015 issue of the News Herald there is an article from the servers point of view.  In NY the server’s minimum wage is $5/hour with tips bringing them up to $8.75/hr.  NY is considering raising this to $7/hr.  The restaurant owners state this will raise menu prices and impact their revenue.  Interestingly, there are seven states that have dropped the tipped minimum wage altogether.  What are the rules in Ohio?  $3.98 with tips raising this to $7.95.  Note that both states minimum is MORE than the federal minimum of $7.25.  For more information on the topic ‘minimum wage’  go to http://www.dol.gov/whd/minimumwage.htm.Do you think that only servers should have a lower minimum wage as a tipped employee when there are many tipped employees who are not restricted to the lower minimum?   [polldaddy poll=8645039]

SBC OFFERINGS in Lake County-  Small Business Administration news@updates.sba.gov via service.govdelivery.com,  Seminar designed to help small business owners better understand the health care law.  Participants will learn the process of navigating the Small Business Health Options Program (SHOP), which offers smallbusinesses with 49 orless employees a way to offer health insurance to their workforce. Many small employers are also eligible for new tax credits if they offer health coverage, making it easier for small firms to realize the competitive advantages that come with offering coverage. Small business owners will have the opportunity to hear from SBA officials and can ask questions about the implementation of the new health care law and SHOP. The Affordable Care Act (ACA) helps small businesses by lowering premium cost growth and increasing access to quality, affordable health care.WHEN — Wednesday, February 11, 2015.  The seminar will run from 10:00 a.m. until 11:30 a.m. WHERE — TheSBDC at the Hispanic Business Center, 3104 W. 25th St., Cleveland, Ohio  44109


Registration is required. 

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Affordable Care Act and Small Business

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