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Preparing to Move Overseas? Read This First

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Before you move, here’s what you need to know about everything from establishing residency abroad to health care, taxes, visas and costs. medical insurance may only provide minimal coverage for urgent situations outside the country. medical insurance may only provide minimal coverage for urgent situations outside the country.

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

BMT Office Administration

Besides that, your confidential medical records will let you know if any team members have disabilities that you need to consider when planning and assigning tasks. Besides the EEOC, the IRS also has requirements for employee documents, including which forms you need to have for each employee, such as W-4s.

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

BMT Office Administration

The Americans with Disabilities Act (ADA), Fair Labor Standards Act (FLSA), and Family Medical Leave Act (FMLA) have also had significant impacts on employee recordkeeping and personnel files — further complicating the issue. You’re legally required to hold on to these forms, so don’t throw them out. Medical records.

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Employee Perk or Productivity Secret? Corporate Wellness Programs Deliver on Both

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The report also shows that mental health disorders cost $1 trillion in lost productivity every year, pointing to the necessity of mental health and wellness programs in making a dent in these losses. This has helped us broaden the offering to reach more of our people while also achieving greater cost efficiency.”

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4 Smart Money Moves to Plan for Financial Security

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A survey by Insider and Morning Consult from 2019 showed that millennials were more likely to put off buying houses, making career moves, undergoing medical procedures and even getting hitched—all because of cash-related reasons. You should consult your own tax, legal, and accounting advisors. All investing involves risk.

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1099 vs W-2: The difference between employees and contractors

BMT Office Administration

Forms such as IRS Form W-2 and IRS Form 1099 need to be sent out by the end of January. Both forms provide end-of-year compensation information that employees and contractors need for tax purposes. A W-2 is a tax form that businesses send to their employees as well as the government. What is a W-2? What is a 1099?

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Procrastination at Work: How to Practice Better Time Management

BMT Office Administration

Another form of procrastination at work is presenteeism, which often gets misunderstood. Presenteeism is where a worker intends to complete their work, but an illness or medical condition brings their productivity to a screeching halt. Migraines or other forms of headaches. Presenteeism. What’s that?