Hiring IT personnel is now easier than ever!
Ontario businesses can receive monetary benefits when they trust a professional consulting service to help them take advantage of applicable programs. Sovereign Consulting, Inc. is a leader in the business consulting world and can help clients find the right finance program for their training needs. There are many financial assistance programs available to business in Ontario and they are designed to help the province become a leader in the technology sector. Because most business owners have enough responsibility, outsourcing the search for financial reimbursements is the proactive approach and offers several benefits. Sovereign Consulting, Inc. deals with Ontario businesses on a regular basis and helps find the right savings for your particular industry. At the moment, a non-refundable tax credit program is available for businesses to help them invest in their own employees and the Canadian labor market. This program is particularly beneficial at a time when higher turnover rates make investing in employee training less attractive. By alleviating significant costs, many firms that could not afford to join these programs now have that option without having to worry about the cost of training someone for the necessary skill set, and who may leave soon at the end of a contract. Sovereign Consulting can provide in-depth knowledge of the requirements to take advantage of these programs, even in these occupations: Network Cabling Specialist Technical Support Agents (Information Technology) Hardware Technician (Information Technology) Network Technician (Information Technology) Inside Sales Agent (Information Technology) Customer Care Agent (Information Technology) These jobs are in high demand, and they are common across a variety of industries. Support agents work directly with clients and answer any of a number of technology questions. In addition, a range of other information technology positions are compatible with financial programs, and we can help any business receive the maximum allowable funding. The monetary awards outweigh the minor investment, and Sovereign Consulting offers a service that repays benefits many times over. The programs are designed to reimburse businesses for the money that they invest in Canadian employees. For business owners, Sovereign Consulting offers a number of ways to benefit. The credits are based on salaries and wages, and we helps clients get the maximum amount of funding for their efforts. Sovereign Consulting is familiar with these programs in their entirety and helps clients receive monetary benefits that are as high as $12,000 per year for each employee. To put it simply, Sovereign Consulting, Inc. helps businesses receive up to $48,000 for investing in their employees. Sovereign Consulting, Inc. is a leader in helping businesses makes the most of new and existing financial programs. The programs are an innovative way for local companies to save money and improve their human resources at the same time. We have worked in the consulting business area for several years and assists clients with finding the right type of programs for a variety of Ontario benefits. Because our team handles all of the paperwork and documentation, business owners receive a tremendous value for our service. To learn how to save your company money and time, contact our team...
Read MoreConfederation College Prepares for Increasing Skilled Workforce Demand
Thunderbay is happy that a great working relationship is developing between contractors, Confederation College in Thunder Bay, the community and the government. The relationship will become stronger throughout the Ring of Fire project and the 12 other mining projects which may follow. Confederation College plans on implementing new training plans based on the increased demand for trained laborers in the construction market. The new mining projects will place increased demands on the community to build new housing, new community services and new infrastructure. It is the hope of Confederation College that those running the mining projects do not release the projects all at one time. Instead, the college hopes that the mining projects are rolled out over the course of the next few years allowing the college to train workers at a reasonable speed. Once the workers are trained, then the contractors can hire the workers and keep them consistently employed. If this does not happen, then contractors may have a hard time finding skilled laborers. After the initial boom, then these laborers may find it difficult to find continual employment bouncing from one contractor to the next depending on who has work available. This is not a new idea for the area. The most successful project to date has been the Meno Ya Win Health Care Centre in Sioux Lookout. During that project, the college was able to train numerous workers who are still employed in the construction industry including carpentry, electrical, motive power trades. Confederation College is thankful that the area seems to be getting advance notice that the need for workers will surpass the need. Already, several unemployed and underemployed workers are finding work in the area served by the college. Most of these workers are from other parts of...
Read MoreClive Thurston resigns amid battle with the Ontario College of Trades
The Ontario College of Trade (OCOT) was created in 2009 and is comprised of professionals from the construction, motive power, industrial and service sectors, as well as the Ontario Labour Relations Board. The purpose of the OCOT, and its evaluating body, the Roster of Adjudicators, is to review certain trade-related matters, particularly those concerning professional formation such as journeymen, apprenticeships and certification. The OCOT intends to begin enrolling members January 1, 2013, and would conceivably represent tens of thousands of skilled labourers. During the past several months the Ontario Construction Employers Coalition (OCEC) has begun gaining momentum in its criticism of the OCOT, and calls for its abolition or reform. Clive Thurston, President of Ontario General Contractors Association (OGCA), recently resigned from the OCOT’s Roster of Adjudicators, citing his frustration and disappointment with the OCOT’s first review. Thurston alleges that the review process is biased and that the OCOT does not function in the best interests of skilled trade workers or employers, but rather operates according to an agenda that seeks to bring what he describes as “Quebec-style” labour practices into the Ontario construction labour market. Thurston asserts that the OCOT failed to properly review objective data or empirical research, but rather operated according to an agenda that failed to appropriately address the needs of the industry. Thurston’s resignation coincides with the with the OGCA’s withdrawing of support for the OCOT, however Thurston maintains that there is no relation between the two events and that his actions were a personal choice and do not reflect the viewpoint of the...
Read MoreHow can a business reduce or reclaim WSIB Premiums?
The WSIB program is a no-fault insurance offered by the Workplace Safety and Insurance Board of Ontario. Through this program, WSIB encourages improvement in a firm’s health and security performance by providing an affordable policy with low administration costs. Companies of all sizes can benefit from the potential tax refunds, while protecting themselves against expensive settlements. Their incentive packages, which include the Merit Adjusted Premium (MAP) for small business, reduce the price of coverage as a reward for businesses that have safe workplaces. The MAP plan for small businesses provides rate discounts to firms with good accident records. To qualify for a discount under the MAP plan, a firm must pay a premium between $1,000 and $25,000 and have been operational for at least three full years prior to the Board’s review. If in the past three years there are no claims against the company costing more than $500, the firm will be awarded with a discount of at least five percent. Companies that pay more than $20,000 may receive a discount if there is only one claim on their record worth between $500 and $5,000. For firms that pay less than $20,000, one claim costing between $500 and $5,000 will result in neither an increase nor a decrease in the price, while multiple claims or claims of more than $5,000 will result in a higher premium. For businesses paying over $25,000, the Board offers the New Experimental Experience Rating (NEER) program and the CAD-7 program. Companies that pay $90,000 or less and have been registered with WSIB for 12 months or less are also applicable for the Safe Communities Incentive Program (SCIP). In the first part of this two-part program, the owner or senior manager of the participating business attends two introductory classroom-training sessions, which cover a range of topics concerning health and security practices and the requirements of the Ministry of Labor. The second part involves four separate classroom sessions and the construction of a plan for implementing beneficial practices and policies. Completion of each part of the SCIP reduces the price of the insurance by five percent, though a company cannot receive both rebates within the same year. Companies not participating in the SCIP have the option of joining the Safety Groups Program, pending a commitment from an owner or senior manager to remain in the program for at least one year. From a list of related businesses, the participating firm selects a group to join, and at the start of the year, under the direction of a sponsor, identifies five elements that can be improved upon in the workplace. With their group, they share ideas and pooled resources, and if, at the end of the year, the group has successfully addressed their chosen targets, they will be awarded a rebate. To learn more about the benefits of these programs, contact Sovereign Consulting Inc. today. Our company is a financial consultation firm located in Ontario, and we have extensive experience helping small businesses pursue tax refunds, as well as government grants, rebates and other forms of compensation. We will work with you to ensure that you are paying the appropriate amount for you coverage and receiving all refunds for which your company...
Read MoreWhat ASO Group Benefits Mean For You And Your Business
In today’s fast paced and unpredictable world, affordable health and dental care is a necessity. Studies have shown that productivity and general satisfaction are closely linked to the health of the individual. So it is essential for businesses to offer their employees an accessible and affordable coverage plan. A practical and affordable choice for health and dental benefits would be an Administrative Services Only plan. With an ASO plan, you pay only for claims that are submitted and approved. This differs greatly from a more traditional insurance plan which bundles otherwise separate benefits together, creating unneeded coverage and high expenses. The premiums on other plans often include expenses such as sales commissions, claim, profit, risk management, reserves, and inflation factors. A budgeted plan is highly transparent and you know that you are not paying for products you do not and will not need. With an Administrative Services Only plan, you work with Sovereign Consulting Inc.’s administrator to create a plan that caters specifically to your business. This plan can be designed for any size or kind of business. Unlike a traditional, high cost insurance package that assumes the risks of each individual solely, with an ASO plan all participating employees are insured together. Instead of operating on a risk principle, ASO plans work on a reimbursement program which drives the cost down. ASO administration handles relatively low cost and high frequency transactions instead of larger, catastrophic life events. The administrator handles all payments, cards, adjustments, and claims. It is also much cheaper for small Ontario business owners – you pay on 15% to 20% instead of the usual 25% to 30%. With a traditional benefits package, you pay for assumed costs and price increases and you are unable to get reimbursed for parts of the package that are unneeded or unused. You are also not able to leave the plan if you find it is too expensive or does not meet your needs. With our program, actual costs can be reviewed monthly and steps can be taken to alter the plan if needed. It is may be time for your business to consider an Administrative Services Only plan through Sovereign Consulting Inc. and to provide your employees with coverage while saving substantial amounts of money. It’s time to stop overpaying for unneeded coverage – contact Sovereign Consulting Inc....
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