2/6/2014 - Holiday help increased in 2013
Due to the onslaught of holiday shoppers, retailers often fortify their ranks by increasing the rate of hiring. And it appears that during this past Christmas period, that's just what store owners did, even though the economy may not be performing at an active pace.
Month-over-month net job growth rose by about 25% in November, traditionally viewed as the launch to the holiday shopping season, according to human resources services firm TriNet. Similarly, more individuals were hired by retailers when compared to the same period last year, up 27%, as well as among wholesale companies.
At the state level, 49 of the 50 witnessed growth in hiring activity within the retail sector, establishing net job losses at minus-1%. The only state where this proved not to be true was California, TriNet reported.
Business owners insurance is a key issue that entrepreneurs need to be on top of whenever changes are made either at the operational or corporate level. This is especially true when it comes to hiring seasonal or temporary workers. Earlier last year, the U.S. Small Business Administration released some basic tips that retailers - and employers in general - should be aware of regarding the hiring of help during a busy selling period.
For instance, businesses are required to carry workers compensation insurance for their employees, even though they may not be permanent. However, there may be exceptions if the people that are being hired are independent contractors. Independent contractors are self-employed, thus not subject to the same kind of coverage benefits or tax considerations as those workers who are on staff year-round.