I suppose leadership at one time meant muscles; but today it means getting along with people.
There is only one boss. The customer. And he can fire everybody in the company from the chairman on down, simply by spending his money somewhere else.
Appreciation is a wonderful thing: It makes what is excellent in others belong to us as well.
Important Reminders about Tip Income
If your pay from your job includes tips, the IRS has a few important reminders about tip income:
- Tips are taxable. Individuals must pay federal income tax on any tips they receive. The value of non-cash tips, such as tickets, passes or other items of value are also subject to income tax.
- Include all tips on your return. You must include all tips that you receive during the year on your income tax return. This includes tips you received directly from customers, tips added to credit cards and your share of tips received under a tip-splitting agreement with other employees.
- Report tips to your employer. If you receive $20 or more in cash tips in any one month, you must report your tips for that month to your employer. Your employer is required to withhold federal income, Social Security and Medicare taxes on the reported tips.
- Keep a daily log of tips. You can use IRS Publication 1244, Employee’s Daily Record of Tips and Report to Employer, to record your tips.
On this day in history:
Gaius Julius Caesar, dictator of Rome, is stabbed to death in the Roman Senate house by 60 conspirators led by Marcus Junius Brutus and Gaius Cassius Longinus.
Unrest in your workplace? Here at HR Strategies, we will take care of your company’s disciplinary actions and terminations for you. We can function anywhere from simply being your HR Consultant, all the way to acting as your business’ complete HR department. Let us know how you want us to customize our services to fit your needs today! Submit your Request for a Free Needs Analysis on our website and we’ll be in touch with you soon!
Today is the day we observe Boss’s Day in the United States. Boss’s Day, also known as National Boss Day or Bosses Day, is a time for many workers to appreciate their employers. It is annually observed in the United States on October 16, or the nearest working day. It is dedicated to all employers and provides a prospect of improving the liaison between employers and their staff. Many workers dedicate this day to their supervisors for various reasons, such as supporting staff with their jobs and careers. This observance also gives employees a chance to recognize those in supervisory positions. This observance is becoming increasingly popular in various workplaces.
The concept of National Boss Day began in 1958 when Patricia Bays Haroski, then an employee at State Farm Insurance Company in Deerfield, Illinois, registered the holiday with the United States Chamber of Commerce. She designated October 16 as the special day because it was her father’s birthday. Haroski’s purpose was to designate a day to show appreciation for her boss and other bosses. She also hoped to improve the relationship between employees and supervisors. Four years later in 1962, Illinois Governor Otto Kerner backed Haroski’s registration and officially proclaimed the day. The event’s popularity is growing outside the United States and is now also observed in countries such as Australia, India, and South Africa.
Today HR Strategies would like to honor our wonderful CEO, Jim Beesley. How will you show your appreciation for your boss today?