The Steps. The Industrial Authority meets with the Company many times before the Company commits Company commits to Investment & Job Creation The Authority, Company, Attorneys, & all interested Parties negotiate the Agreement, then sign The Agreement Exemption have to be approved by the Board of Assessors The Announcement is made Public The Cycle The Agreement is approved by the BOA XXX courts the Company THE PILOT MOU & Bond Agreement is signed Company commits to Investment & Jobs Investment Pilot/Bond Jobs Inventory Project Fixed Assets CIP Suppliers PILOT PUZZLE How the Project Investment and Jobs data fit together with Property Taxes and the Citizens of the Xxxxx Community? COMPLIANCE: WHO’S LOOKING OUT FOR US? The Industrial Development Authority The County’s Governing Authority The City’s Governing Authority The last but not the least, the Tax Assessors is the Compliance Board WHY IS IT SO HARD TO ENSURE COMPLIANCE WITH PILOTS Multiple players involved Lack of understanding Lack of Communication The folks who negotiate the agreements are gone! Can’t find the right folk to communicate with…. We take it personal! KEY TEAM MEMBERS Facilitator: coordinates and produce the report Human Resources: gathers the jobs data Accounting: produces the fixed assets, inventory and vendor data Legal: requisition, advance, draws and bills of sales CFO: the start and end of company’s compliance FIXED ASSETS ARE THE INVESTMENTS PERSONAL AND REAL PROPERTY Building Building Improvements Land Land Improvements Machinery Equipment Furniture Fixtures JOB ACHIEVEMENT Number of full-time employees with benefits as required by the State of Georgia Zip codes of employees Presented in a report, employment shall be verified with the State’s job reports submitted to Georgia Department of Labor INVESTMENT AND JOBS QUOTA BOA Pilot Policy will determine 3 Year Achievement test for the Company’s Commitment The Investment Goals Job Achievement Goal Claw-backs (the Ugly side of Pilots) Who loses? THE COMPANY’S REPORT: THE ACCOUNTING TEAM IS RESPONSIBLE FOR MOST OF THE DATA Control the cost, finance, payroll and taxes Produces data for all Financial data Tracks all company’s spending and expenses Maintains all financial data Balance the company’s financial records VENDORS/SUPPLIERS Vendors should be listed and submitted with names, addresses and contact information. Suppliers of inventory and other services Sub...
The Steps. Step 1: If you anticipate or are experiencing a job-related problem, you should in the first instance discuss it with your immediate supervisor or manager. Managers are required to set aside the time necessary for a fair and open discussion. Under no circumstances will you be disadvantaged if you raise an issue for discussion on a genuine basis. When appropriate, managers should investigate the facts, consider any policies and practices that may be applicable and may consult with a People and Culture representative for advice as required. Your manager should give you a response within a reasonable period of time.
The Steps. Recipient acknowledges and agrees that its use of the Software Products may contain components manufactured or owned by companies and/or individuals (“Suppliers”) other than HWG (“Third Party Software”). Such Third Party Software shall be governed by the applicable end user license terms of the Third Party Software and the STEPS Recipient hereby agrees to be bound by such terms.
The Steps
