05/10/2012
It’s a benefit designed to retain long-term employees, but the practice of allowing retiring government workers to cash out unused leave may turn into an actuarial time bomb. The problem: Local governments are shedding employees at a record pace, often through early-retirement packages. And the leave liability is largely unfunded.
05/10/2012
Have you thought about converting employees into independent contractors to save money? Then make sure you tell them they won’t be eligible for unemployment compensation. If you don’t, they may be eligible.