Allwork
AUGUST 31, 2023
private payrolls for the month of August increased by 177,000 jobs, revealing labor market growth that was less than anticipated, according to Reuters. One is the Federal Reserve’s decision to raise interest rates by 525 basis points since March 2022. might see a continued slowdown in the coming months.
BMT Office Administration
OCTOBER 6, 2022
However, Payroll teams are busy preparing for a different season — year-end reporting. You can be penalized for filing W-2s, 1099s, and 1095s on which you report incorrect Social Security numbers. For 1095 reporting by self-insured group health plans, you can also be penalized for not reporting employees’ dependents’ SSNs.
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Allwork
MAY 19, 2022
However, the Department of Labor report shows that the labor market is still tight and people on jobless rolls have hit their lowest point since 1969. . State unemployment claims grew by 21,000 during the week ending May 14, which is the highest level seen since the beginning of 2022. The post U.S.
Allwork
SEPTEMBER 11, 2023
Promotions, typically seen as milestones that boost an employee’s position within a company, might actually be pushing people out the door, according to payroll-services provider ADP’s new Today at Work survey. The report reveals a staggering 29% of employees quit their jobs within a month after their first promotion.
Allwork
JANUARY 10, 2023
For example, an August 2022 Gallup survey of remote-capable workers showed that 34% of respondents want to work full-time remotely, 60% want to work a flexible hybrid schedule, and only 6% want to work in a traditional office-centric setting. . A September 2022 survey by Gallup found that such quiet quitters make up about half of the U.S.
Success
JUNE 19, 2023
Laith Masarweh, founder and CEO of Assistantly, an agency that connects businesses with virtual assistants around the world, says that in the third quarter of 2022, bosses hiring VAs for their employees increased significantly, by 10% to 15% of Assistantly’s business. Here’s what leaders should know about this potential solution.
BMT Office Administration
MARCH 9, 2022
The IRS has released a new round of FAQs in two fact sheets, both of which clarify the circumstances under which you must provide employees with Forms W-2c if you took the payroll credits for providing them with pandemic-related paid sick or family leave during 2020 and/or 2021. Fact sheet 2022-15. The new FAQ 98a reads like this.
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