Monday, August 31, 2009

business analyst with trouble ticketing at MN

Hello,

We have an urgent requirement, and need matching profiles urgently…..Please don’t send me pure BA profiles, please check if they match the requirement before sending the profiles.

send Qualified profiles to: Praneeth@sureitinc.com

Role – Business Analyst
Number required (3 to 4)
Location – Minneapolis, MN
Duration 3-6 months
Rate: $35/hr

Expectation –

Total – IT experience 7-8 years
3 + years – Lead on the applications dealing with ‘trouble ticketing’ (front end) for any telecom product
2+ years – Business analyst on trouble ticketing application interacting with actual business end users to identify and document ‘Business Requirements’.

Will be added advantage if has worked in US mainly working on POTS (Plain Ordinary Telephone System) related trouble ticketing. Should be well aware of whole ticket life cycle, generic terms used to provision POTs and typical faults associated with the same. Should also be well aware of US specific telecom terms used by business community.

The person is not expected to do any coding on this assignment.


Best Regards

Praneeth
SureIT Solutions, Inc.
Phone: (602) 490-0074 | Fax: (866) 322-0121

Connect with me:
Linkedin SureIT Yim: Lazzyrock

Wednesday, March 25, 2009

IT Recruiting

RECRUITER’S HANDBOOK

This handbook is aimed at explaining the US recruitment process to new Technical recruiters. Technical Recruitment process for the US market works differently then the domestic segment. In India permanent placements are popular whereas in the US contractual positions are equally popular. Let us see how recruitment is different in India and in the US.


Employment Type

1. Contract - Corp-to-Corp

Definition: Corp-to-Corp the client, a corporation, pays to the business entity of US Citizen or Green Card Holder, which is organized as a corporation, for the services rendered. In other words any employment where the contact is between two (2) companies is called Corp-to-Corp.

Corp-to-Corp employment contract can happen in 2 cases.

Case – I: Any U.S. Citizen or any Green Card Holder can incorporate a company. Usually, people register a company to avail the tax benefits or save tax. This is a complicated set-up process. The person incorporating the company (Company A) can be the sole worker of the company and can take up employment with another company, a client (Company B). The client (Company B) will make the payment for the services rendered by the consultant to the corporation that the consultant owns. The consultant can then draw salary from his own company and pay tax. The client in this case is not liable to pay any tax on behalf of the consultant.

Case – II: This can also happen when a client company hires a consultant with H1B VISA. H1 is works permit VISA for all professionals who are neither US citizen nor Green card holder. In this case the consultant has an employer in the US, a registered corporation. This company allows the consultant to work for another company, a client, but the contract is signed between the employer company and the client. The consultant is a full time employee of his own company but a consultant with the client company.

Payment Terms: In this scenario the client company pays to the consultant’s company directly and does not deduct any tax, as payment of tax is the liability of the corporation rendering services.

2. Contract – Independent (1099)

Definition: This is actually sole proprietorship concern also called Independent. In other words a sole proprietorship is an unincorporated business that is owned by one individual. It is the simplest form of business organization to start and maintain. The business has no existence other then the owner. Its liabilities are the owner’s personal liabilities.

Payment Terms: In this scenario (1099) the client company pays directly to the independent contractor and does not withhold any tax.

3. Contract – W2

Definition: This is the simplest option of all other options. There is no need of bookkeeping as is the case other options like Corp-to-Corp and 1099. In this case the wages of the contractor are subject to the same tax withholdings as a regular employee of the client. In such cases the liability of depositing tax is with the employing company. The approximate percentage of benefits and taxes is about 12.5 to 15% percent in some cases.

Conclusion

A 1099 employee is in most cases a temporary employee (technically, not even an "employee"). Because they are not permanent, they do not need to complete a W-4 or have the employer withhold taxes. They are responsible for paying their taxes directly to the IRS. The IRS requires that the employer report the earnings paid on a form 1099. The IRS would rather put the burden of tax withholding on the employer and therefore has fairly stringent rules regarding when someone can be considered a 1099 employee.

Corp-to-Corp – Indicates that the employer would prefer to deal directly with another corporation. The main reason for this preference is to avoid some of the potential liability that might exist in dealing with an independent contractor on a 1099 basis. This would include corporations dealing directly with other corporations or corporations dealing with individuals who have incorporated.

A W-2 employee is an employee whose taxes are withheld by the employer and the earnings are reported to the IRS at the year-end via a W-2. The W-2 employee completes a form W-4 at the beginning of their employment to instruct the employer on how to withhold taxes. This eliminates any possible issues that may arise with the IRS regarding employment status.

Important: Keeping in mind the above details we must now understand the contract fees payable under different work authorizations. Lets assume that the client agrees to pay the contractor $ 60 per hour. The chart below explains the final payment and deductions, if any, as applicable and also shows the net amount that is finally paid to the contractor under each employment authorization type.

Corp-to-Corp

Independent (1099)

W2

Client

Deductions

Contractor

Client

Deductions

Contractor

Client

Deductions

Contactors

$ 60

Nil

$ 60

$ 60

Nil

$ 60

$ 60

12.5 to 15% of $ 60

$ 60 – deduction

Tax Term – Tax Terms include:

§ Contract - W2 – Will be working as a contract W-2 employee for the company.

§ c Contract - W2 – Will be working as a contract W-2 employee for the company with the option to hire.

§ Full-time – Will be working as a full-time W-2 employee for the company.

§ Contract - Independent – Will be working as a contract 1099 employee for the company.

§ Contract to Hire - Independent – Will be working as a contract 1099 employee for the company with the option to hire.

§ Contract - Corp-to-Corp – Will be working on contract with or through another corporation.

§ Contract to Hire - Corp-to-Corp – Will be working on contract with or through another corporation with the option to hire.

§ TN – Visa for temporary workers authorized under schedule 2 of NAFTA.

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