With the new rate changes, companies stand to lose in 2016, however, these few changes could make 2016 a winning year for manufacturing. The goal is to reduce long-term costs while capitalizing on reduction opportunities afforded by the IRS. Rates have long been kept low in an effort to facilitate growth after the recession …
This past year saw steady growth throughout the industrial sectors of the United States and Canada. With the stress of an election looming, and an uncertain future in Asia, businesses are seeing a steady decline at the start of the New Year.
Business cycles come and go. Growth will eventually prevail, but until then, here …
ResourceMFG recently began conducting a Manufacturing Employee Opinion Survey which will be conducted annually. Of the 2,500 people from the manufacturing industry surveyed, one thing was apparent. The number one subject of importance to the hourly manufacturing employee was pay rate. While this is not a surprise, the reasons for which pay rate is …
The recently passed tax extender legislation is particularly exciting for manufacturing and distributions companies. Congress left the industry a few big presents under the tree this holiday season with the generous tax extender package.
The Work Opportunity Tax Credit (WOTC)— Code section 51
This is one of the most expensive tax extenders, which Congress renewed for …
According to a recent study, 2015’s Manufacturing Day has had a positive influence on the public’s perception of working in the manufacturing industry. The survey’s distribution reached more than 2,500 student, teachers and parents who provided insight about how the Manufacturing Day events impacted local communities. Eighty-one percent of students who participated in the …
Manufacturing executives are asked to address a multitude of concerns on a daily basis. Everything from balancing daily operations to supply chain management, regulatory modifications and advances in modern technology are required to maintain a company’s competitive edge. An equally important issue that CFOs must address is the ever changing income tax environment. There …
With reshoring efforts increasing around the U.S., skilled manufacturing workers are in higher demand. Recently conducted studies have predicted that over the next decade we’ll be faced with a shortage of 2 million manufacturing workers, due in part to rising retirement rates and increased competition for skilled workers across other industries.
Manufacturers can prepare by …
While manufacturers are gearing up for new technologies that are transforming plant operations, cloud deployment is typically a key component of the strategy. Increasingly so, manufacturers are turning to cloud deployment for their critical operations.
Cloud technology is rapidly changing how we do business, which is especially true in the manufacturing industry. Organizations are constantly …
The manufacturing industry isn’t always top of mind for new entrants into the work force, but it should be! Manufacturing is a vibrant and globally critical industry that isn’t going anywhere. Manufacturers make products that people rely on, providing jobs here and abroad. Here are some key reasons for Millennials and those stepping into …
In conflict resolution, there are three basic rules that can be helpful in both parties coming to an agreeable resolution: …
