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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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Business finance: The ultimate guide for non-finance people

BMT Office Administration

Businesses have to incur lots of expenditures just to operate, including payroll , acquiring assets like vehicles & real estate, and day-to-day expenses (like a restaurant maintaining their inventory of condiments, food ingredients, and beverages). If the repayment period is less than 12 months, it’s considered a short-term liability.

Finance 105
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How to handle remote employee time tracking

BMT Office Administration

With intuitive time-tracking software, you can automate many of these processes to save a ton of time. While time clock software offers no way to track progress on individual tasks, it does provide an organized way to track your team’s billable hours for payroll purposes. #5: Frees up office space. Employee scheduling. GPS tracking.

Payroll 52
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Crypto’s creep into the workplace is creating concerns

BMT Office Administration

In fact, the process is much more arduous. Not easy to value: None of the proposed models for valuing cryptocurrencies are as sound as traditional discounted cash-flow analysis for equities or interest-and-credit models for debt. Paying wages in crypto. Believe it or not, the IRS got ahead of this issue eight years ago. It’s happened.

Legal 52