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Upcoming regulatory initiatives and their impact on payroll

BMT Office Administration

the American Payroll Association’s director of government relations. Speaking at the American Payroll Association’s 40th Annual Congress this week in Las Vegas, Jacobson, Robert Wagner, Esq., and Mike Linehan caught attendees up on today’s hot payroll -related regulatory issues. This keeps Payroll in the loop.

Payroll 52
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Strategies For Success In Senior HR Roles In The Future Of Work

Allwork

Once collected, the modern CHRO can use several techniques to interpret it, like statistical analysis and data visualization. Another area where data-driven decision-making helps CHROs is in the hiring and recruitment processes. Essentially, the traditional CHRO was reactive.

Payroll 299
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Human resources professionals should focus on boardroom partnerships

Workplace Insight

By linking HR and Finance data together, they can provide better analysis on questions such as “’How much is the cost of an average hire?” However, in other cases, it is not uncommon for human resources or payroll projects to be managed in isolation of HR either.

Finance 97
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A third of workers think their jobs are at risk from automation

Workplace Insight

A more widely accepted view is that many roles will adapt and evolve and that new roles will be created, as even more work tasks and business processes – particularly those that are more routine or repetitive – can be done efficiently by machines.

Payroll 98
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Ensuring payroll compliance in 2024: What’s new?

BMT Office Administration

Maintaining payroll compliance is a must for accounting departments, but it’s often easier said than done. That’s especially true whenever new changes come about, and 2023 was a year rife with new payroll regulations, trends, and initiatives. From the implementation of SECURE 2.0 From the implementation of SECURE 2.0

Payroll 52
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How to handle remote employee time tracking

BMT Office Administration

While that’s great news for employees who enjoy the increased flexibility of working from home, it poses a significant challenge for managers. There are many ways to go about this, including time-tracking apps, project management software, timesheets, screenshots, spreadsheets, and asking team members to track their own progress.

Payroll 52
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Business finance: The ultimate guide for non-finance people

BMT Office Administration

While this may seem complicated at first glance, it becomes easier to grasp when you understand a few key concepts about financial management. Balance sheet Maintaining a balance sheet is a necessity for any sized business, so it should definitely be a part of your bookkeeping process. All your current liabilities. Your total equity.

Finance 105