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Understanding the financial impacts of farm labor decisions
February 6, 2014 @ 6:00 pm - 9:00 pm
Are you considering making changes to your crew size, hiring practices or employee compensation? This workshop will help you better understand the financial implications of labor choices beyond simply setting pay rates. Instructor Roy Henshaw will discuss the factors that affect labor-related expenses like unemployment insurance, workers’ comp, Social Security and Medicare tax. Financial considerations related to offering benefits like IRA plans and health insurance, and non-monetary compensation like housing will also be discussed, as well as the unique financial considerations of hiring H2A and other types of workers. Attendees will be encouraged to share their own experiences related to managing labor costs.