Dave Bakkeby Joins TargetCW After Capping Off the Best Year Yet

dave-bakkeby

San Diego, CA  –  Capping off a record 2016 for TargetCW, Dave Bakkeby has joined the company to lead the growth of national and global accounts. Dave’s experience spans nearly 20 years in the recruiting industry as a business development leader.

He spent over 18 years in business development with Orion International, a leading provider of best-in-class Military Talent Programs, where he designed and implemented Strategic Military Talent Programs. He then became SVP of Business Development at Novotus, a leading provider of Recruitment Process Outsourcing (RPO) and Recruiting Services, after it was acquired by Orion International. Prior to his tenure at Orion International, Dave spent 6 years as a Captain in the United States Marine Corps, for which we are grateful for his service.

Dave joins TargetCW at the end of a record revenue year as the Senior Vice President of Business Development to build upon the company’s success providing contingent workforce solutions to a growing number of top companies in the United States and Europe.

 


“TargetCW is truly something special. I am honored to be able to become a part of this team and join in on the journey. I look forward to grabbing an oar and start rowing alongside each and every one the team!”


 

Samer Khouli, TargetCW’s Founder and CEO, said, “Dave brings the highest levels of performance and client service as both a veteran of our industry and veteran of our armed services. Our constant pursuit of being a leader in the Contingent Workforce industry led us to look for a seasoned business development leader who complements our culture and the level of care for our clients and their workers. There’s no doubt Dave will push us forward in developing processes and solutions to better serve them.”

 

About TargetCW

TargetCW provides a comprehensive, worldwide payroll solution that allows organizations to mitigate the liability of their contingent workforce, including workers’ compensation, unemployment claims, ACA-compliant health care benefits, paperless onboarding, on-line time-keeping, and all tax withholdings and reporting. Using our on-line software, including our contingent workforce platform, StaffingNation, our clients have regained control and turned their contingent worker programs into efficient, turn-key solutions for their entire organization. In 2016, TargetCW ranked #2080 on the Inc. 5000 list as one of the fastest-growing private companies and was named one of the Top Workplaces in San Diego. For more information, visit http://www.targetcw.com.

 

 

Contact
Nick Godwin
858.810.3097
nick.godwin@targetcw.com

TargetCW Services Highlight: International Payroll

International Terminal Business Travel Transportation Concept

Did you know that TargetCW can aid in your company’s International Contingent Workforce payroll? Through various partnerships and fully owned subsidiaries, we offer a one stop-solution for all your international employment needs. We take on the standard employment burdens for various countries, just like we do in the United States.

We currently have legal operating entities in Canada and the United Kingdom. In addition, we have business partnerships in over 45 countries!

Our program has a variety of unique benefits that make payrolling international workers simple:

  • Currency conversion built into the mark up rate
  • We handle all GST/VAT according to country law
  • You can pay your invoice in US dollars
  • Offer letters/employment contracts are created and managed by TargetCW
  • Time and expense tracking through our online systems for all workers US and abroad
  • Benefits for various countries are administered by the appropriate office

Our team of international professionals and HR experts know the intricate employment laws of each country and the standard business practices to make sure your candidate is comfortable with their assignment. We look forward to working with you!

FIND OUT MORE

Top Results from TargetCW’s 2014 Happiness Survey

Here at TargetCW, feedback is essential to the overall growth and success of our company. Feedback helps us analyze and prioritize projects designed to improve daily functions for our employees and clients including: reducing liability and increasing visibility, compliance and workers satisfaction.

In addition to the feedback we receive year round using our email Thumbs Up tool, we conducted an online happiness survey. The survey was sent to over 11,000 current employees and clients. We asked questions about customer service and overall experience, as well as the level of efficiency using our contingent workforce solution.

Here’s a consolidated look at some of the top stats:

  • 100% of our clients said that they saw an overall increase in efficiency 
  • 98% of our clients said they found happiness with our customer service
  • 95% of our employees were happy with TargetCW overall

Out of 11,000+ people surveyed, how many do you think called for customer support in 2014? Click here and find out what our employees and clients had to say about TargetCW!

 

Welcome to the Family, Brian!

Our growing business is creating jobs for Americans. We are pleased to announce that TargetCW has hired Brian Smith as Senior Vice President of Business Development.

San Diego, CA, June 29, 2015

TargetCW (www.targetcw.com) announced that Brian Smith has joined the company to further develop their portfolio of national and global accounts. Brian Smith comes with over 20 years of experience within the staffing industry. He spent the last 6 years at Tucker Parker Smith Group LLC, where he focused on building a business from the ground up placing associate, professional and executive level talent with leading investment/wealth management firms in Los Angeles, CA. Before Tucker Parker Smith, Brian’s experience includes time with multi-billion dollar company, Robert Half International Inc., Fortune 500 company Randstad and third largest global staffing company, Manpower. Joining TargetCW after their success as a start-up, Brian can continue his success by helping build TargetCW into a leading contingent workforce provider. 

Brian joins TargetCW as senior vice president of business development to continue TargetCW’s recent success providing contingent workforce solutions to many of the top companies in America and Europe. Brian comments ” I am excited to start a new challenge within TargetCW and look forward to working with the team to further develop their already extensive product and service suite. I am fortunate to be joining such a respected company that prides itself on top quality service.”

Samer Khouli, Founder and CEO of TargetCW said “Brian’s wealth of experience and industry knowledge has already made him a key addition to the TargetCW company family. We view his appointment as a sign of our commitment to being a leading contender in the Contingent Workforce industry. Our new innovations and the increasing demand from our customers led us to look for an addition to our team who will complement our culture and service. I’m confident that Brian will play a key role in providing and implementing high quality solutions for our employees and clients.”

 

California Paid Sick Leave Effective July 1st

What you need to know…

The state of California passed legislation that allows employees to accrue paid sick leave beginning Wednesday, July 1st 2015. To learn more about the new legislation, visit the state’s industrial website at http://www.dir.ca.gov/ 

Who’s eligible for paid sick leave?

Beginning July 1, 2015, employees working 30 or more days within a calendar year in the state of California will begin to accrue paid sick leave. 

Who’s NOT eligible for paid sick leave?

Employees covered by qualifying collective bargaining agreements, In-Home Supportive Services providers, and certain employees of air carriers in the state of California are not covered by this law. 

Other important information:

  • Employees hired after July 1st will begin accruing paid sick leave on their first day.
  • Employees will be eligible to use sick time after 90 days of employment.
  • Employees will accrue 1 hour of paid sick leave for every 30 hours worked, but may only use 3 days (24 hours) per calendar year.
  • Unused sick leave may be “rolled over” to the next calendar year, however the accrual amount is capped at 48 hours.
  • To be paid for sick leave, TargetCW employees simply add another “timecard” in webcenter, their online time keeping tool. If hours are submitted in a different manner, please check with your onsite provider.
  • Accrued sick leave will be reported to TargetCW employees via pay stubs.
  • Certain cities in California are subject to more generous sick leave policies. Employees working in San Francisco and Oakland, or if your assignment provides a more generous sick leave policy, this new law does not restrict ordinances or policies.

Click here to download the TargetCW Paid Sick Leave flyer 

For questions about TargetCW’s paid sick leave policy, please email our HR department at benefits@targetcw.com or visit www.targetcw.com/benefits for more information.

 

Happy 5th Anniversary, TargetCW!

width="900"

Five years ago, Samer Khouli founded TargetCW with a mission to bring innovative technology to employers that use contingent labor, giving them a product and service that will revolutionize day to day processes for hiring managers and talent acquisition professionals. Inspired by the Japanese philosophy “Kaizen” which stands for continual improvement in business management, we launched our mission statement: “to make the utilization of a contingent workforce simple for our clients.”

TargetCW opened its doors with a small handful of clients. 5 years later, we’re blessed that so many clients and employees have made TargetCW a part of their daily professional lives.

Today, hundreds of companies around the world are utilizing TargetCW to on-board their contingent workers using our proprietary paperless software that was created to save time and money, reduce liability and increase visibility, compliance and workers satisfaction. In 2014 alone, TargetCW employed close to 10,000 contingent workers.

As a young company, we’re encouraged by our growth and achievements. Our success would not be possible if not for the amazing and talented employees, present and past, that have poured their passion and energy into building TargetCW. In 2010 we were just 8 strong working day and night. Today, with 50+ employees, TargetCW has built a foundation that will continue to build and improve for years to come.

Our focus is and always will be to love often, improve daily and make jobs simpler. Thank you for being a part of our adventure.

ACA Regulations & 1099 Classification: Are You Compliant?

Don’t Ignore the Warning Signs!

Two of the most critical components of managing a workforce are compliance with the Affordable Care Act legislation (ACA or Obamacare) and Independent Contractor classification (1099). Employers are bombarded with information about the failure to comply because of the risk of penalty and heavy taxation. For many businesses, it’s not just the penalties that are a concern, but all the time and effort that goes into complying with an audit.

 

ACA Compliance Is Not Just For Staffing Agencies!

A major provision of the ACA legislation known as “shared responsibility” (26 U.S.Code §4980H) states that “common law” employers are liable if a temporary agency does not comply with the ACA. Employers with over 50 full time employees, working at least 30 hours per week, must offer affordable insurance that provides minimum coverage, and/or that employees must seek to obtain at least the minimum coverage. If you have more than 50 employees and your agency does not provide ACA coverage, your business will be held liable and will face a penalty. Agencies must offer coverage that does not exceed the 9.5% income threshold, and they must contribute 60% of the cost of premiums. Assuming that you’re agency has it covered could mean significant loss in revenue. As an employer, you need to make sure your agency has their compliance program together. A few things to look for: address the shared responsibility provision, including the language in the contract/addendum to address any possible issues, indemnification in case of an audit and clearly written expectations around all the variables in the ACA, including the cost.

 

Classifying 1099s Is A Greater Risk than Ever

A big focus for employers hiring Independent Contractors is classifying their status correctly. Businesses typically save money hiring ICs because they avoid paying federal and state taxes, insurance and administrative overhead. However; if employers misclassify a worker(s) major penalties will be levied on both federal and state levels, not to mention workers compensation revisions etc. The risk is now amplified because of the ACA legislation. For example; if an IC working on a yearlong contract becomes ill and he or she goes to the Department Of Labor or the IRS for reclassification as a W-2 and be backdated to their start date, the situation just became a nightmare on your desk and liability on your balance sheet.

 

For smaller employers, converting W-2s to ICs is one way employers look to avoid the ACA mandate because ICs don’t count toward the 50 employee threshold. Because of this, the government is going to look deeper into employers classifying workers, especially employers who move W-2 employees to 1099. In addition to back pay and penalties with misclassification, the ACA mandate penalties can also be assessed once the mandate is enacted in 2015.

 

It’s another risk that employers need to mitigate, reduce or transfer. If TargetCW can give you a second opinion or help you make sure your contingent workforce is compliant, pick up the phone and give us a call. We’re more than just great rates and services, we’re here as a partner you can trust.

Comply or Pay the Price: The Affordable Care Act Employer Mandate

Do you provide ACA compliant benefits for your internal contingent workforce?  Does your 3rd party agency provide them? Do they meet ACA compliance regulations? How is this going to alter what you’re paying after the ball drops at midnight on Jan 1?

Internalized

Companies with more than 50 full-time employees working at least 30 hours per week are required to provide ACA compliant health insurance or pay a hefty penalty. For some businesses, the cost to insure due to the ACA could reach up to $5,900 more per employee than what they’re currently paying to employ someone. Many small businesses are cutting hours and/or cutting positions to keep headcounts below 50. This lends to the obvious issue of preventing company growth, both in revenue and employment. Consider how much your time is worth – how much would it cost your company if you have to handle all that you do, in addition to administering health insurance?

Outsourced

Is your company outsourcing already?  Are you already set for the ACA Employer Mandate? If so, are you getting the best bang for your buck? There are many companies offering a lower cost alternative to internalizing payroll for contingent workers, but through our research, many companies are grossly overpaying their 3rd party vendors. Some companies are paying as high as a 35-40% mark-up rate on gross wages! TargetCW’s competitive mark-up rate covers all FICA taxes, federal and state unemployment taxes, and workers compensation.  TargetCW also offers a full suite of ACA compliant benefits to ALL contingent workers, providing the perfect mix of administrative relief and cost savings for companies looking to outsource.  Ask your current agency what their plan is today!

Please, don’t wait to comply with the ACA Employer Mandate. Downsizing your most valuable asset (your people) or paying a penalty for non-compliance are not the only roads your company can choose to go down. Contact us today…

 

TargetCW Named “2014 Best Places to Work in San Diego”

We’re at it again!

TargetCW has etched its place, in back-to-back years, as one of 2014’s Best Places to work in San Diego, by San Diego Business Journal! TargetCW is a provider of contingent payrolling solutions: Domestic and International Payroll, Vendor Management Solution (VMS), Staffing, and Independent Contractor 1099 Management and Classification. TargetCW has always considered customer service and building relationships as the number one priority. However, in order to differentiate ourselves from the competition we can’t always rely on charm and good looks, but also speak to the bottom line. Our competitive rates have been known to raise a few eyebrows as they allow HR professionals to focus on maximizing their ROE from our payroll solutions.

Employee Satisfaction Isn’t a Novelty

As a 3rd party employer of record company, TargetCW plays a vital role in providing administrative solutions to HR professionals, with a contingent workforce, around the world – which makes having a motivated and cohesive staff critically important to the overall success of our company. “Being named best places to work in San Diego helps reinforce the cultural goals and values that TargetCW has established,” says Samer Khouli, President and CEO of TargetCW.

How We Did It

Best Places to Work in San Diego status represents putting the employee first. To obtain this status, companies from across San Diego County evaluated their workplace policies, practices, philosophy, systems, demographics, and employee experience in a two part survey. The combined scores determined the top companies and the final ranking. Best Companies Group managed the overall registration and survey process in San Diego, analyzed the data, and determined the final rankings. “By being nominated as one of the best in San Diego in two consecutive years, TargetCW continues to demonstrate its commitment to providing the best working environment for their employees” – Samer Khouli. Click here to see the full list of winners!

 

 

Payrolling Services In A Nutshell

There’s nothing more time consuming and frustrating for an HR professional than to worry about contingent workforce payrolling. Issues like hiring, fluctuating rates, benefits, compliance, reporting and taxes, if not managed correctly can cause huge problems for employers. With the rise in contingent labor, outsourcing payrolling services has become a focus for employers wishing to streamline operations and improve the bottom line. Aside from the operational and financial advantages of outsourcing payrolling, errors in tax calculation and 1099 compliance classification are greatly reduced, along with the risk of audit.

TargetCW Onboarding

Using TargetCW onboarding, companies can improve their contingent workforce management. We have made onboarding simple, allowing companies to effortlessly manage their contingent workers through our complimentary paperless software, Staffing Nation.

What about the bottom line?

TargetCW’s competitive markup rate covers all FICA taxes on temporary workers, federal and state unemployment taxes, and the varied cost of workers compensation. There are no hidden fees or additional charges. We only bill clients for payrolling, 1099 management, staffing, pre-screen (if any), H1-B or other visa fees associated with a relocation or transfer of visa, or other client requested items including: stipends, per-diems, bonuses, relocation costs, and reimbursable expenses.

Benefits

With the rise in health care cost, TargetCW offers a full suite of ACA compliant benefits to all employees. This includes medical, dental, 401(k) retirement plan, 125 flexible spending account, 529 college savings plan, commuter check program, fitness center discounts, direct deposit, pay cards, and a many other benefits to improve employee satisfaction.

Pre-employment

TargetCW has an in-house pre-employment screening and background check process that helps companies minimize risk allowing them to make sound decisions on hiring contingent workers based on reliable information, with a quick turn-around.

Time Keeping and Expense Tracking

TargetCW’s online time and expense tracking allows employees to access pay statement details, profile settings, built in messaging, and online retrieval of W2’s. Approvers/supervisors can also access employee overviews and export reports for time, expenses, PO, departmental spending, etc.

Independent Contractors

Lastly, errors in the classification of 1099 independent contractors can be a costly mistake. With TargetCW’s 1099 check and management system, we mitigate risk by comparing the worker, the specific project and the relationship between the worker, and the business with the IRS and Social Security Administration’s 20 factors that are practiced in court to determine a worker’s condition.

As the model for outsourcing payrolling grows in popularity, so does the opportunity for TargetCW to reduce the administrative burden for HR professionals with its internal contingent payroll solutions: Domestic and International Payrolling, Vendor Management Solution (VMS), and Independent Contractor 1099 Management and Classification.