So you want to be an Employer?
You, as an employer, must pay disability insurance
(SDI), unemployment insurance (FUI &
SUI), workman's compensation and one-half of Social Security-Medicare. Other obligations include health insurance,
vacation pay, sick leave, Crime Victim's leave, Domestic Violence leave, Jury
Duty Time off, Military service leave, paid family leave, school appearance
leave, volunteer civil service leave and a check of your employee to meet
federal I.D. requirements.
There are also permits and license fees, health and fire
inspections, and you get to collect sales tax and report various withholding taxes
for the State and Federal government.
You
must protect yourself from work place harassment, discrimination and
retaliatory litigation and provide, on a company bulletin board, a mind numbing
array of laws and regulations imposed by State and Federal legislation.
And now California is considering a minimum wage of $15 per
hour and a proposal (SB1234) which, if passed, would require employers, who
don't offer retirement accounts, to automatically enroll their employees in the
state-run plan.
According to recent estimates, the state-run pension plans
(CalPERS and CalSTRS) have an unfunded liability of $175 billion; so it is only
logical that an estimated 7 million people, who don't have access to a pension
or 401(k) savings plan, should be included in another State boondoggle at
employer's expense.
It is little wonder that many employers offer a "self
check-out" counter in an attempt to reduce employee costs.
There appears to no end to legislative requirements for
those persons who are foolish enough to open a business which requires human
help. Accordingly, many existing
businesses have opted for mechanical and automated devices to cut down on
employee expense.
At
the current trend, one wonders how long it will be before the unemployed masses
will be unable to purchase the products created by manufacturers who no longer
employ human help?
All
things considered, why would anyone want to be an employer?