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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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They’re Back: Boomerang Employees on the Rise for Good or Bad

Success

For Chad Stripling, director of data science for the interaction innovation team at 84.51° , a data science and analytics firm and media company in Cincinnati, Ohio, four years was long enough to be away from his former employer. Stripling worked at 84.51° as an intern and then as a lead data scientist for about five years.

2021 295
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How long do employers keep employee records?

BMT Office Administration

A question most new HR professionals ask is, “How long do I have to hold onto these employee records once they’re no longer with the company?” Should an unhappy applicant file a discrimination claim against your organization, having job application & interview records on hand can be a lifesaver. Payroll files. Medical files.

Payroll 98
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The What, Who and How of Outsourcing… So You Can Let Go

Success

From the moment she opened Ditto Boutique, a luxury consignment store in Dallas, Jane DeNike outsourced the complex tasks of payroll and paying taxes to a bookkeeper and accountant. She relied on these four experts to keep her company looped in on the tiny tweaks and massive overhauls in today’s quickly evolving technology.

Elance 280
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Employee Files: What to include, what to leave out, and what’s confidential

BMT Office Administration

Besides complying with federal and state laws, keeping employee records helps you stay organized, aids decision-making, and protects your company if a terminated employee files a lawsuit. Confidential documents include medical files, tax documents, employee benefits , payroll records, and more.

Filing 52
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Employee Records: End of year review & preparing for next year

BMT Office Administration

Yet, even the most seasoned HR employees occasionally need clarification about specific recordkeeping requirements, such as how long they should hold on to personnel records after an employee leaves the company. Some companies hold on to hiring documents such as resumes, job applications, and job descriptions. Hiring documents.

Medical 52
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The Hiring Trend Every Business Owner Should Know About

Small Business CEO

There’s a new trend in small business hiring - one that allows you to delegate some tasks you just need to get off your plate, bring someone talented onto your team while staying true to the fact that many of us like to run lean operations-hiring virtual part-time staff, and particularly virtual interns.