BMT Office Administration

MAY 30, 2022

Payroll compliance is no small task. Everyone knows that executing payroll accurately and on time is important, after all everyone wants to get paid for their world. However, there is also a lot more that goes into proper payroll processing including a large number of compliance functions and concerns.

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Allwork

OCTOBER 7, 2022

After a year of a labor shortage, the labor market is easing up. . This morning the Bureau of Labor Statistics released a report that shows that the US created 263,000 new jobs in September, which beat the average estimate of 250,000 payrolls. In September, the average workweek for all employees on private nonfarm payrolls was 34.5

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BMT Office Administration

JANUARY 11, 2023

Nevertheless, 2023 is looking like another challenging year for Payroll as we get a few insights into what to expect. These regs will scoop up smaller employers into the e-filing net. But business travel is still vital to many companies. We wish we had a crystal ball, but we don’t. Here are five items we see coming this year.

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Allwork

JULY 6, 2023

The report, produced by the ADP Research Institute in collaboration with the Stanford Digital Economy Lab, uses anonymized payroll data from client companies served by ADP to provide a comprehensive picture of the labor market. What’s going on: In June 2023, the private sector in the U.S. year-over-year, which was down from 6.6%

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Eco-Office Gals

JANUARY 9, 2013

Even companies that start out with eco-friendly ideals are constantly seeking new ways to reduce their carbon footprint and do all they can for a greener tomorrow. So if you’re currently scratching your head over how to deal with the issue of payroll, here are a couple of eco-friendly solutions you might want to try.

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Allwork

MAY 6, 2022

Chesky expects that the company will use its new savings towards “travel entertainment to gather people,” but that overall business travel would likely decrease.? . However, workers will still need a permanent address for tax and payroll purposes. .

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Allwork

MARCH 13, 2023

As a cofounder of two tech start-ups, I know from personal experience that one of the most difficult challenges for such ventures is access to banking services. After the third repetition of this sequence of events, and after uncountable rejected applications from other banks, we gave up trying to get a U.K.

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BMT Office Administration

OCTOBER 31, 2023

HR administration is an essential component of running a small business, but it’s often one of the most challenging to manage in the early stages of small business or start-up operations. HR outsourcing takes complex or time-consuming tasks off of small business owners’ plates so that they can focus on leading and growing their companies.

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Allwork

APRIL 17, 2023

Now these positions are everywhere, and companies are focused on scaling quickly and effectively, which can create chaotic and challenging environments. This has created an environment where CHROs must be highly consistent, and at the same time flexible, to steer their companies toward a future where culture and execution coalesce.

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Success

NOVEMBER 11, 2021

As founder and managing director of a successful entertainment business management company, Kristin Lee has made a career out of it. The money-making opportunity for upstart entrepreneurs like herself involves managing things like celebrities’ financial statements, taxes, payrolls—or anything else that keeps their business going. . “My

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Success

JUNE 19, 2023

Business leaders have a new solution to alleviating employee burnout and helping them create more balance —hiring virtual assistants (VAs) to free up employees’ time and creative energy. He points to around a year ago when there were massive layoffs happening , “just completely wiping companies out,” he says.

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BMT Office Administration

OCTOBER 24, 2023

The FBI and the Cybersecurity & Infrastructure Security Agency recently issued an alert to critical infrastructure companies warning them of a new ransomware attacker. If the C-suite objects, an assistant can pick up a hard copy from the payroll department. The agencies’ advice was to: Secure remote access tools.

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Success

FEBRUARY 15, 2023

of all job switches” in 2021, up from under 2% in 2010. 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. The average time away was 17.3 months in 2010.

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Allwork

NOVEMBER 8, 2022

As of November 1, a law in New York City now requires employers with four or more people on the payroll to provide a salary pay range in all job advertisements. . Companies will be required to include a salary or hourly wage range, according to CNN Business. . These companies (e.g.

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Success

SEPTEMBER 26, 2023

Slim & Husky’s origin story Gray recalls the time the friends started their first business together—The Green Truck Moving & Storage Company—in 2010. “We By bootstrapping and collaborating with those around them, they can make up the resources they lack.” We’re not just a pizza company,” Gray says. Everyone from H.E.R.

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Success

OCTOBER 24, 2023

If you work at a company) Why am I on the payroll? Pick up the phone Making a call can often generate a quicker—and more accurate—response than a time-consuming email exchange. Angela Lee Diaz, founder of Omaha, Nebraska-based accessories company SHOLDIT, spent hours each week thinking up content for blog posts. “It

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Allwork

APRIL 28, 2022

According to Dennis Consorte, Small Business Consultant and Expert at Digital.com, companies who pay their workers in cryptocurrencies such as bitcoin have been shown to improve their hiring rates. . While it is uncommon for companies to pay in cryptocurrency, it isn’t unheard of.

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Allwork

JUNE 6, 2022

Many companies have adopted a more flexible approach to remote working. From Colliers’ 2022 Innovation Summit , we gather that 60% of companies will only need 50% to 70% of their existing office space in the coming three years. So how do you set up these policies? Naturally, every company is different. Employer branding.

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Success

JANUARY 24, 2022

While the pandemic has opened up new opportunities for some people, employment laws and rules can be complicated and haven’t changed to accommodate the rise in remote working. From finding a moving company, renting or buying a new home and establishing utilities, there seems to be no end to the costs that quickly add up.

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BMT Office Administration

JUNE 16, 2023

While fortunately a rare circumstance, dealing with payroll for a recently deceased employee can be tricky. Hopefully this isn’t an issue that comes up for your payroll department often, but it’s important to know what to do, and get it right, in the event that it does happen. What pay is taxable?

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Success

JUNE 2, 2023

There are numerous reasons employees might not speak up at work, from fearing backlash from bosses in charge of their promotions and salary to worrying about how it will impact their reputation. Additionally, just because employees speak up doesn’t mean they’re sharing everything. And slow down, speak less and listen more.”

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Allwork

JANUARY 10, 2023

Companies demanding employees return to the office for 3-5 days per week are dealing with resistance, attrition, quiet quitting and diversity issues. . Evidence shows that underrepresented groups are leaving employers who mandate a return to the office and are fleeing to more flexible companies. . No wonder that large U.S.

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BMT Office Administration

NOVEMBER 21, 2022

Setting up employee personnel files is an important part of the recordkeeping process. While some variance may occur between companies, certain papers commonly belong in these files and some definitely do not. While some variance may occur between companies, certain papers commonly belong in these files and some definitely do not.

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Success

JUNE 19, 2022

You make it happen, you’re up for a challenge , you do it your way. 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. Entrepreneurs are can-do people. Do-it-yourselfers. Tax laws change.

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BMT Office Administration

MAY 9, 2022

More complex processes can even be broken up into multiple SOPs to detail different tasks within a larger process. The goal is to make your documentation thorough enough that any employee that follows it will end up completing the task in the same manner with a consistent end result. How to format an SOP. SOP formats can vary.

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Success

JULY 18, 2023

Company employees often have access to a 401(k) or other retirement savings account that lets them make automatic contributions pulled from every paycheck. You might be familiar with 401(k) plans and automatic payroll deductions at a traditional employer. Pros: A SIMPLE IRA is easy to set up and use.

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BMT Office Administration

MAY 9, 2024

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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Small Business Labs

APRIL 10, 2020

  The loans allow independent workers to access to up to $10,000 in forgivable loans to cover payroll or wages they pay themselves over the eight weeks following the signing date.    The fintech companies - Intuit, Square, Paypal, etc -  are also providing PPP loans. 

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BMT Office Administration

JULY 3, 2023

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. Are your employees up to date with their fire safety and first-aid training? Why do you need to keep personnel files?

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Success

SEPTEMBER 13, 2022

Companies would say, ‘Here are the people we have, here are the people we need.… In the decades since, the old model of staying true to one company has continued to erode—and employers’ loyalty to workers has slid correspondingly. In some high-tech fields, companies are widely seen as more generous to workers as well.

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Bonnie Low-Krayman

JANUARY 10, 2024

Quiet Hiring is about filling open positions with the staff who are already on the payroll rather than hiring from outside the company. The Executive Assistants working in companies are prime targets for quiet hiring. What’s happening now? Quiet Hiring.

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BMT Office Administration

NOVEMBER 16, 2022

Does the company control or have the right to control what the worker does and how the worker does his or her job? 1099 workers also are not generally paid through regular payroll and do not typically have taxes withheld from their checks or deposits. Wages of up to $147,0000 are subject to social security taxes for tax year 2022.

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The Small Business Blog

MARCH 27, 2019

And if you’re working in scientific, technological, medical or engineering research, the government can end up giving you quite a lot of money, through a scheme called research and development tax credits. If you hire agency workers, you can claim back up to 65% of the agency fees.

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Small Business CEO

MARCH 21, 2017

In simple terms, Human Resources (HR) essentially deals with anything regarding the people involved in a company. From payroll to talent development to recruitment, HR departments have a wide variety of tasks that require an array of skills and time to complete.

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Workplace Insight

FEBRUARY 20, 2023

How to hire and retain a digital native workforce As a consequence of the above, hiring a digital native workforce, either as salaried employees or as independent contractors, may require companies to refocus their HR approach and do things differently than they might have in the past.

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Page Personnel

JULY 20, 2022

Related: How you can be highly effective in a role from day 1 Qualities that make a good HR Assistant HR departments are growing, and more companies need skilled, talented individuals to help them succeed. HR skills are universal, and are easily transferred from company to company and from sector to sector.

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C-Suite Assistants

FEBRUARY 7, 2022

As a company Founder or CEO, you may be looking for an executive assistant to schedule meetings, organize business trips, as well as manage many aspects of your personal life. In public corporations, the executive assistant is on the company payroll, and most often, the personal assistant is on a personal payroll.

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