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It’s time to review (or create) your document retention policy

BMT Office Administration

Worried that your company might not have a particular document on hand if the IRS conducted an audit? They create a document retention policy that clarifies what needs to be saved, where, and for how long. Sticking to a set record retention policy eliminates guesswork and promotes efficiency.

Policies 105
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It’s vital employers understand the new EHRC guidelines on menopause 

Workplace Insight

Recent guidelines issued by the Equality and Human Rights Commission (EHRC) aim to simplify employers’ legal obligations to support workers going through menopause. At the heart of the guidelines, the EHRC references staggering statistics on the extent to which the menopause can impact women.

Legal 110
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How to Negotiate Severance: Tips and Strategies for the Modern Workforce

Success

Kogut clarifies that employees are only “due” severance if it is promised in an employment contract, handbook or policy. Most employees who lose their jobs are likely “ at will ” employees—those who can be dismissed without any legal requirement for cause. Dewan agrees. “Don’t sign anything immediately.

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What References are Really Saying About You

On The Job

This latest story I did for Gannett/USAToday should open your eyes to the possibility that not all your references have your best interests at heart. If you've been frustrated that you haven't managed to nail a new job despite your qualifications and solid interviews, your references could be the root of the problem.

Legal 100
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5 Long-Term Financial Goals and How to Achieve Them

Success

Build generational wealth Expected time: Decades Account types: Life insurance, real estate and property investments, brokerage accounts, retirement accounts Generational wealth refers to the money and assets you pass on to your descendants, such as children and grandchildren.

Goals 269
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Employee personnel files — what should and shouldn’t be included

BMT Office Administration

While some variance may occur between companies, certain papers commonly belong in these files and some definitely do not. Think of an employee’s personnel file as a history of the individual’s employment relationship with the company. Agreements related to the use of a company car or business credit card. Marital status.

Filing 121
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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. Recruitment documents Human resources departments should retain documents related to the hiring process, especially if you need to refer back to them later.

Filing 52