Tee Off’s Post

Did you know boat captains have multiple income streams beyond their base salary? From performance bonuses to revenue sharing, there are many ways captains can boost their earnings.

Did you know boat captains have multiple income streams beyond their base salary? From performance bonuses to revenue sharing, there are many ways captains can boost their earnings.

We're hiring! Position:               Senior Accountant Employer:            Mid-West Group of Companies   Company Profile: The Mid-West Group of Companies is a Saskatoon-based real estate development and investment company that operates in commercial and residential real estate development, leasing, property management and other diverse businesses including automotive service and repair. To learn more about us, check out our website at www.midwestgroup.ca.   The Position: Roles in our company sometimes shift based on what is needed and what each person’s skill set is.  The person we hire will be involved with the following functions: 1.      Performing and overseeing certain accounting functions (how we measure performance); 2.      Performing and overseeing certain business administrative functions (how we keep things working well in the company); 3.      Helping manage existing real estate assets (how we operate); 4.      Learning about our business in order to grow with it (how we will succeed in the future).   The Ideal Candidate will have the following traits: Is a good person with a great personality (we want someone that our team members, customers, suppliers all enjoy working with); Wants to be involved in many aspects of the business and is comfortable with new things and making recommendations/decisions; Is flexible and has the capacity to adjust to short-term change, quickly and calmly in order to deal with unexpected problems or tasks effectively (or unexpected twists and turns in a day); Understands business – both operationally and financially (developed through a combination of relevant education and experience); Is looking for an opportunity with an organization that has potential to be a “forever fit”; Has interests and passions outside of work that round out their life.   To Apply, please send a package to tannis.kaminski@mwdc.ca, that includes typical resume information (education and work experience) but also shows us: 1.      What is most important to you in your career; 2.      What an ideal workday/week/year looks like to you; 3.      What about this posting appeals to you; 4.      Why you match our vision for the ideal candidate; 5.      A list of references, including anyone you may know that has connections to our company, that will be able to tell us about your character, personality, and work ethic.   We have had the great fortune of having many long-term employees and are looking for the next one. It is extremely important that we find someone that has potential to be a great fit. We want the right person for our team and also want to make sure that we have the right opportunity for you.   We thank everyone for taking the time to submit a resume, however, only those selected for an interview will be contacted.

🌟 Do you know the distinction between vacation time and vacation pay in Canada? Dive into our newest blog post for a detailed breakdown of the differences between vacation time and pay and how they affect payroll: https://hubs.la/Q02B8fyM0 #Payroll #VacationTime #VacationPay #Canada #EmployeeBenefits #PayrollManagement #PayrollServices

When people say the White House is the most "expensive rental property" in the U.S., they're not kidding. Running for president is not just a matter of policies and promises—it’s an investment, often to the tune of hundreds of millions of dollars. Here’s where the money goes: A. Campaign Advertising: $500 Million - $1 Billion B. Staff Salaries and Administrative Costs: $50 - $100 Million C. Travel and Security: $20 - $50 Million D. Campaign Events and Rallies: $10 - $30 Million E. Legal and Compliance Costs: $5 - $15 Million F. Polling and Data Analysis: $10 - $20 Million After the Campaign: The President's salary $400,000 Expense Account: $50,000 (for official expenses, not personal use) Entertainment Allowance: $19,000 (for hosting events) Travel Account: $100,000 (for personal travel not covered by official funds) This $569,000 salary package covers the basics of presidential life, though expenses like security and transportation (think Air Force One and motorcades) are funded by taxpayers. Winning the election means a free move into the White House, but life as president also comes with some ongoing personal expenses. White House Living Expenses: Food and Personal Items: While business meals are covered, the president must personally cover the cost of groceries, toiletries, and any other personal items for the First Family. Laundry and Dry Cleaning: The president and their family pay for personal laundry and dry-cleaning services, while official attire worn during work is covered. Private Events: Any private family gatherings or social events held at the White House are paid for out of pocket. Security Costs and Post-Presidency Expenses Upon leaving office, presidents receive a pension and security detail for life, though there are personal costs associated with transitioning out of the role: Pension: Former presidents receive $219,200 annually as a pension. Secret Service Protection: Provided for life, this is funded by the government. Transition Expenses: The government provides financial support for presidents to transition into post-office life, such as office setup, staff, and travel. Campaign Investment vs. Salary Campaign Costs: A presidential campaign typically costs between $1 billion and $2 billion Presidential Salary Comparison: At $400,000 per year Additional Presidential Perks: Expense Account: $50,000 per year for official expenses. Travel Allowance: $100,000 per year for personal travel. Entertainment Allowance: $19,000 annually for hosting events. Even when including these allowances (which total $569,000 per year), the 4-year compensation package ($2.276 million) still represents only about 0.23% of a $1 billion campaign. The White House: A Priceless “Rental” with a High Price Tag Living in the White House may appear “free,” but the reality is that holding the highest office in the nation demands a substantial upfront investment through the campaign process and ongoing expenses thereafter.

Calculating payroll involves several steps to ensure employees are paid correctly based on their wages, hours worked, and deductions. Here's an overview of the process: Determine Gross Pay Gross pay is the total amount an employee earns before any deductions (like taxes or benefits) are made. Hourly Employees: Gross pay = Hourly rate × Hours worked (over the pay period). Salaried Employees: Gross pay = Annual salary ÷ Number of pay periods in a year (e.g., monthly, bi-weekly, etc.). 2. Calculate Overtime (if applicable) For non-exempt employees (those entitled to overtime), calculate overtime pay for hours worked beyond 40 hours in a week (or as per local labor laws). Overtime rate = Hourly rate × 1.5 (or as per local law). Overtime pay = Overtime rate × Overtime hours worked. 3.Deductions Several deductions are taken from gross pay before calculating net pay, including: Federal and state taxes (income tax, social security, Medicare, etc.) Retirement contributions (401(k), pension plans, etc.) Health insurance premiums Other benefits (e.g., life insurance, union dues, etc.) Garnishments (child support, creditor garnishments, etc.) 4. Calculate Tax Withholding Use tax tables or software to calculate how much federal, state, and local taxes need to be withheld. These can vary based on the employee's W-4 (U.S.) or equivalent tax forms in other countries. Federal income tax: Typically based on tax brackets and withholding allowances. -Social Security and Medicare: A fixed percentage of wages (e.g., 6.2% for Social Security and 1.45% for Medicare in the U.S.). State/Local taxes: Vary by location. 5. Calculate Net Pay Net pay is the amount the employee takes home after all deductions. Net pay = Gross pay − Total deductions. 6. Issue Paychecks or Direct Deposits Once the calculations are complete, issue the paychecks or process direct deposits to the employees. 7. Recordkeeping and Compliance Maintain records of payroll for tax filing and compliance purposes. Employers must file payroll taxes on time and submit necessary forms to federal and state agencies. Example: Let’s say an employee works 40 hours at $20/hour, no overtime, and has the following deductions: - Federal income tax: $200 - Social Security (6.2%): $124 - Medicare (1.45%): $29 - Health insurance: $50 Step 1: Calculate Gross Pay: 40 hours × $20/hour = $800 Step 2: Deductions: - Federal tax: $200 - Social Security: $124 - Medicare: $29 - Health insurance: $50 Step 3: Total deductions = $200 + $124 + $29 + $50 = $403 Step 4: Net Pay = $800 − $403 = **$397 This is a simplified version of payroll calculation. For complex payrolls, you might need payroll software or services to ensure accuracy and compliance with regulations. #quickBooks #Xero #Payroll #Bookkeeping #Bankreconciliation #Salary #Accounting

Whitewater rafting and outsourced HR support might seem worlds apart, but while getting soaked i thought of this post as they have more in common than you might think. So Friday my body ached from Rugby, Today from whitewater rafting. I love an adventure (within reason) and this was my birthday treat from the girls. So here goes! 🌊 **The Rapids**: Just like in rafting, the business world is full of unexpected twists and turns. Employee issues, compliance changes, and those 'didn't-see-that-coming' moments are the workplace equivalent of hitting Class V rapids. One minute you're cruising along, and the next, you're holding on for dear life, hoping you don’t get thrown overboard. 🛶 **The Raft**: Your business is the raft. It's sturdy, sure, but it's not invincible. It needs to be agile enough to navigate the choppy waters, but strong enough to stay together when the going gets tough. Without the right guidance, even the best-built raft can end up stranded on the rocks (or in the HR world, buried in paperwork and legal headaches). 🧭 **The Guide**: Here’s where outsourced HR support comes in. Think of your Wilford Smith team as the experienced guide in the back of the raft. They've navigated these waters before—they know where the rocks are, how to avoid the biggest waves, and what to do if things get a little... rough. With our expertise, we help steer your business through the most turbulent waters, keeping you on course and ensuring you stay upright. 👷 **Safety Gear**: Of course, no rafting trip is complete without the right safety gear. In business, that's your HR policies, procedures, and compliance measures. Our outsourced HR ensures that you're fully equipped, so even when the waves get big, you're protected. At the end of the day, rafting and running a business both come with risks. But with the right guide and the right gear, you can navigate any challenge with confidence—and maybe even enjoy the ride. So strap in, grab your paddle, and let’s take on these rapids together! 😄 #OutsourcedHR #BusinessSupport #WhitewaterRafting #loaug24

General Contractor Education: Building a Championship Team So you’re a general contractor. You’ve probably worked for someone for a couple of years and decided to go solo. How’s that working out? Let’s be honest, you’re not likely to share the sleepless nights, the stress about where your next job is coming from, or the anxiety over whether you’re actually turning a profit. And then there are those moments when you face a new challenge on a project and could really use some guidance. If you’re stressed about any of these issues, it’s because they are the reality of being a business owner, especially a general contractor. You’re forced to resolve problems you’ve never encountered before, and failure is not an option—at least, not for the good ones. What if I told you that there was a place where you could find guidance, support, and proven systems to help you navigate these challenges? North Canadian Construction Group operates like a systematic construction franchise, and we’re expanding across Canada. Imagine a professional hockey team trying to win a Stanley Cup without a coach. Sure, a good team might get pretty far, and a great team with good captains and assistants might get a little farther. But a championship team includes great coaches, great players, and great mentors. That’s what we’re building—a championship team. We hold each other accountable, ensuring our clients receive the service they deserve, which ultimately sets us apart from our competitors. If you’d like to know more about this opportunity, don’t hesitate to reach out. Shoot us a DM—you’re always just one conversation away from potentially joining our winning team. #GeneralContractorEducation #ConstructionCareers #NorthCanadianConstruction #BuildingSuccess #ContractorSupport #JoinOurTeam

🏨 Where are hotels leaving money on the table? Every room booked, every boiler running, every overtime hour logged, every asset in use, and every team member on the clock is a piece of the profitability puzzle 🧩 We're discussing 3 key areas hoteliers should prioritize to minimize costs and improve the bottom line! Every decision counts – ensure your properties are equipped with the right tools and strategies: https://hubs.li/Q02z7QYY0 #HotelProfitability #HotelTechnology

Birdie HR is more than just an HR solution—it’s peace of mind for your golf course management. From handling complex payroll to ensuring compliance, we’ve got you covered. Ready to join the Birdie HR family? #BirdieHR #countryclublife #hrsupport #golfcourse #golfing #humanresources #managers #management #finance #PayrollManagement #compliance