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Despite Continued Layoff News, Latest Data Shows Resilient U.S. Job Market

Allwork

nonfarm payrolls far exceeded economists’ predictions of 185,000 jobs. Job gains were recorded in professional and business services, health care, retail trade, and social assistance, according to the BLS report. Additionally, December’s payrolls were revised to 333,000 from 216,000. ADP reported 5.2%

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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. not signing up for your 401(k) plan).

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Upcoming regulatory initiatives and their impact on payroll

BMT Office Administration

the American Payroll Association’s director of government relations. Almost 100% of hands went up in response. 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.

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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. In an asynchronous workforce , keeping up with the various time zones and employee schedules is difficult. Essentially, the traditional CHRO was reactive.

Payroll 293
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Employers may be responsible for employee damages from cyber security hacks

BMT Office Administration

Pay up: Maine wage-payment laws Employee self-service portals are a great innovation for Payroll and HR. This employee’s but-for analysis: But for the company’s failure to comply with industry standards appropriate for the nature of the sensitive, unencrypted information it was maintaining, his identity was stolen.

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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.

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How to handle remote employee time tracking

BMT Office Administration

After the COVID-19 pandemic, that number jumped up to 13% and only continued to rise. In particular, higher-ups need a reliable way to monitor the productivity & work hours of their remote workers. Frees up office space. Yet, it’s impossible to give feedback if you have no idea what your employees are up to during the day.

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