Business
MINI Cooper: brilliant future of electrification
Right in the summer, MINI introduced the all-electric MINI Cooper SE for the first time in the form of a convertible, and nowadays MINI Cooper for sale in the market has made a big hit. Not a production version, but a unique specimen that shows how the road to an all-electric premium brand can continue and electrify for off-road sports driving. future classic heaven. As an open four-seater, the MINI Cooper SE Convertible is the only premium convertible in the world with an all-electric drivetrain in the compact car segment. With this forerunner, the British luxury car brand combines classic sportiness for the first time, maximum airborne feel and electric mobility with no localized emissions. Source from Wapcar.my.
The unique model will be presented to the public for the first time at the traditional community event “MINI Takes the States” in the United States. The winding roads between Burlington, Vermont, and Greenville-Spartanburg, South Carolina are the perfect place to give the MINI assembly community a first impression of the typical MINI go-kart feel in MINI Cooper SE apparel.
Unique example based on the body of the MINI Cooper S Convertible. The electrified MINI Convertible also shares 3,863mm length dimensions with a 2,495mm wheelbase, 1,727mm wide and 1,415mm high. The load volume in the luggage compartment is also unchanged at 160 l.
Powertrain technology comes from the BMW Group’s electric mobility power centers in Dingolfing and Landshut. The MINI Cooper SE Convertible uses the same transmission components as the three-door MINI Cooper SE. The exceptionally harmonious distribution of axle loads due to the small electric motor promotes agile driving and easy handling. With top-down now in the future too.
The 135 kW/184 hp electric motor, as in the MINI Cooper SE, translates nimble handling with a go-kart feel that characterizes the world of electric travel and enables acceleration from 0 to 100 km/ h for 7.7 seconds. With a range of 230 km as determined during the WLTP test cycle, it is possible to undertake outdoor excursions in urban environments as well as far beyond city limits. The MINI Cooper SE Convertible combines outdoor driving with intelligent functionality. The soft, woven fabric top is all electric and therefore exceptionally quiet, opening and closing in 18 seconds. At the touch of a button, the soft top can be activated up to 30 km/h and offers three settings: open, closed, or sunroof.
With this unique piece, MINI attracts a growing community of fans of the brand’s signature outdoor driving pleasures, and at the same time, electrifies the global vehicle market with another segment – a sustainable, transparent and understandable way.
The successful transition of the MINI brand to electric mobility is particularly impressively illustrated by the example of the MINI Cooper SE model. With the growth of more than 132%, this model is the driving force behind the MINI brand in 2021. In Germany, the largest market for MINI Cooper SE, almost a third of MINI has been electrified. To make the passion for electric driving sustainable, MINI is making daily battery charging easy and convenient. MINI Charging offers MINI drivers in Germany flexible charging solutions at home and at work, as well as access to one of the largest public charging networks in Europe, comprising more than 250,000 stations charging.
BMW Group
With the four brands BMW, MINI, Rolls-Royce and BMW Motorrad, the BMW Group is the world’s leading manufacturer of luxury automobiles and motorcycles and provides financial and mobility services. premium transfer. The BMW Group’s production network includes more than 30 production sites worldwide; The company has a global sales network in more than 140 countries.
In 2021, the BMW Group sold more than 2.5 million passenger vehicles and more than 194,000 motorcycles worldwide. Pre-tax profit for the fiscal year 2021 is €16.1 billion on revenue of €111.2 billion. As of December 31, 2021, the BMW Group has 118,909 employees.
The success of the BMW Group has always been based on long-term thinking and responsible action. The company set the direction for the future very early on and has always placed sustainability and effective resource management at the heart of its strategic direction, from supply chain to manufacturing through to the end of life.
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Business
Why do Businesses Need Human resource Consulting Services?
Human resource consulting firms play a vital role in today’s business landscape. They offer several key benefits and importance to organizations:
Expertise and Specialization:
HR consultants bring specialized knowledge and expertise to the table. They stay up-to-date with the latest HR trends, best practices, and legal regulations. This expertise is precious for businesses without dedicated HR staff or require support in complex HR areas.
Cost-Effective Solutions:
Engaging HR consultants can often be more cost-effective than hiring and maintaining an in-house HR department. Businesses can access high-quality HR services as needed, reducing fixed labor costs.
Customization:
HR consultants tailor their services to meet the specific needs of each client. Whether recruitment, employee training, or policy development, consultants design solutions that align with the organization’s unique goals and challenges.
Objective Perspective:
Consultants offer an objective and impartial perspective on HR matters. They can provide insights and recommendations without being influenced by internal biases or politics, which can be valuable for making difficult HR decisions.
Efficiency and Productivity:
HR consultants can streamline HR processes, making them more efficient. This can improve productivity, as employees spend less time on administrative tasks and more on strategic activities.
Compliance and Risk Management:
HR consultants help organizations comply with labor laws and regulations, reducing the risk of legal issues, fines, and reputational damage. They also assist in implementing best practices for risk management.
Strategic Focus:
Organizations can free up their internal resources by outsourcing HR tasks to consultants to focus on core business activities and strategic initiatives. This can lead to improved business performance and growth.
Scalability:
HR consulting firms can adapt to an organization’s changing needs. Whether a business is expanding, downsizing, or facing other transitions, consultants can provide flexible HR solutions to support these changes.
Access to Technology:
Many HR consulting firms have access to advanced HR technology and software solutions that may be cost-prohibitive for smaller organizations to implement independently. This technology can enhance HR processes and data management.
Talent Acquisition and Development:
HR consultants excel in talent acquisition and development. They can help organizations attract top talent, assess employee potential, and implement training and development programs to improve workforce skills.
Confidentiality:
HR consultants are bound by confidentiality agreements, ensuring that sensitive HR issues and employee data are handled with discretion and professionalism.
Conflict Resolution:
Consultants can mediate and assist in resolving workplace conflicts and issues, promoting a harmonious work environment.
Global Expertise:
For businesses with international operations, HR consultants with global expertise can help navigate the complexities of international HR regulations and practices.
In summary, human resources consulting firms provide valuable support to organizations by offering expertise, cost-effective solutions, and a strategic approach to managing their workforce.
Their ability to adapt to changing needs, ensure compliance, and improve HR processes makes them an essential resource for businesses looking to thrive in today’s competitive environment.
Business
PayPal quietly reintroduces $2,500 “misinformation” fine
Not long after issuing an apology and retracting a $2,500 fine to its users, PayPal has quietly re-introduced the fine into their terms of service and legal agreements.
If enforced, the leading payment processor could fine users the hefty $2,500 sum for spreading “misinformation,” or “hate”, or whatever they deem “unfit for publication.”
While the wording has been changed up, the company has listed several things they would consider fining users over, purely based on speech:
PayPal restricted and prohibited activities
- The promotion of hate, violence, racial or other forms of intolerance that is discriminatory or the financial exploitation of a crime
- Items that are considered obscene
- Certain sexually oriented materials or services
- Act in a manner that is defamatory, trade libelous, threatening or harassing
- Provide false, inaccurate or misleading information
The original documents, which PayPal said were published in error, had much looser language on what would get users fined $2,500 over – namely the “sending, posting, or publication” of any “messages, content, or materials” that are “harmful, obscene, harassing, or objectionable.”
PayPal has seemingly taken a firm stance against adult / pornographic content in both policies, while the former prohibited things that “depict or appear to depict nudity, sexual or other intimate activities” the new policy vaguely prohibits “certain sexually oriented materials or services.”
Finance
Employee Retention Tax Credit 2022
The employee retention tax credit 2022 (ERC) is a tax credit available to employers who keep and retain their employees. The credit is available to employers with 100 or fewer full-time employees. It applies to qualifying wages paid to employees during the business’s first quarter.
If your business is a small business, you can use Form 941-X to claim the credit retroactively.
Employers with 100 or fewer full-time employees
Employers with 100 or fewer employees are eligible to claim a refundable payroll tax credit called the Employee Retention Tax Credit.
This credit was created by Congress under the CARES Act to encourage employers to retain employees. It was originally set to expire on January 1, 2022, but Congress has extended the credit twice. This means that eligible employers can still claim the credit for their taxes for 2020 and 2021.
The credit is limited to wages paid between March 12 and Sept. 30, 2021. In addition, wages paid under the Paycheck Protection Program (PPP) cannot qualify for the credit. The credit amount is limited to $5,000 per full-time employee in 2020. In 2021, it increases to $7,000 per quarter, with a total credit of up to $21,000 per employee.
Paycheck Protection Program loans are not eligible for the employee retention tax credit
The Employee Retention Credit (ERC) is a tax break for businesses that offer a payroll protection program for their employees. Until recently, employers could not qualify for both programs at the same time. But the new legislation has changed this and now businesses can take advantage of both programs.
To receive the credit, employers must file a Form 941-X, or Adjusted Employer’s Quarterly Federal Tax Return, for each quarter that an employee was a PPP borrower.
The credit is based on wages paid between March 13 and Dec. 31, 2020. For the third quarter of each year, the credit is available for up to $10,000 per employee.
Qualified wages are based on the quarter the business began
To qualify as a severely distressed employer, your business must have had a 90% decline in gross receipts in the previous year.
You must have employed at least one person during this time. The CARES Act does not apply to businesses that are still operating, but it does apply to those that have ceased operations and declined in gross receipts.
Form 941-X is used to retroactively file
The IRS has recently released a new form called Form 941-X. The new form is designed to be filed retroactively and corrects any mistakes that you may have made in filing your original Form 941.
The form must be filed no later than two years after you paid the tax. To file this form, you will need to mail it to the IRS. The IRS does not have the capability to accept it online. If you’ve made significant changes to your business, you may be eligible to claim the ERC. The ERC is equal to 6.4% of the wages you paid to employees during the credit generating period. This credit is not available to corporations with more than 500 employees
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