BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Entrepreneur's Journal: Hire Your Spouse or Your Kids?]]>http://www.bloggingstocks.com/2010/05/30/entrepreneurs-journal-hiring-family/http://www.bloggingstocks.com/2010/05/30/entrepreneurs-journal-hiring-family/http://www.bloggingstocks.com/2010/05/30/entrepreneurs-journal-hiring-family/#commentsFiled under:

Some highly successful businesses are husband-and-wife teams. Or, may even involve the hiring of the kids. Yes, the proverbial family business can be a powerful thing.

What's more, there may be some attractive tax benefits.

But of course, you need to know the rules (which, no doubt, can get complicated). So here are some things to consider:

Continue reading Entrepreneur's Journal: Hire Your Spouse or Your Kids?

Entrepreneur's Journal: Hire Your Spouse or Your Kids? originally appeared on BloggingStocks on Sun, 30 May 2010 17:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>featuredGlassdoor.comHIRE Acthiringhome officelabor lawssmall businesstaxesSun, 30 May 2010 17:40:00 EST<![CDATA[Wal-Mart violated Minnesota labor laws, could pay billions in damages]]>http://www.bloggingstocks.com/2008/07/01/wal-mart-violated-minnesota-state-laws-2-million-times/http://www.bloggingstocks.com/2008/07/01/wal-mart-violated-minnesota-state-laws-2-million-times/http://www.bloggingstocks.com/2008/07/01/wal-mart-violated-minnesota-state-laws-2-million-times/#commentsFiled under: , ,

A Minnesota state judge has ruled that Wal-Mart (NYSE: WMT) violated state laws involving rest breaks and wage-related issues two million times and could face $2 billion in damages. The judge is threatening to impose a fine of $1,000 for each offense. He also ruled that the company pay current and former employees $6.5 million in compensation for contractual violations.

The second phase of the trial will begin on October 20 when a jury will decide on damages. Wal-Mart says it disagrees with portions of the decision and may appeal.

Judge Robert R. King Jr. said that Wal-Mart's audits revealed that the company was aware of the problems but "put its head in the sand" and chose to do nothing. This is just the latest chapter in Wal-Mart's one step forward, two steps back effort to change its public image.

Regardless of where you stand on Wal-Mart (I am ambivalent), this decision is good news. It shows that the legal system is working and will hold the company responsible when it breaks the law. Two billion dollars in damages is a lot of of money, even for Wal-Mart, and it may inspire the company to be more vigilant in making sure that its labor practices comply with the law.

Wal-Mart violated Minnesota labor laws, could pay billions in damages originally appeared on BloggingStocks on Tue, 01 Jul 2008 15:42:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>featuredlabor lawsLaborLawsMinnesotaWal-MartWMTTue, 01 Jul 2008 15:42:00 EST