Remove Cost Remove Information Remove Legal Remove Medical
article thumbnail

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

BMT Office Administration

That’s not even mentioning all the paperwork involved in the onboarding process, such as employee handbooks , contact information, and direct deposit/banking information — just to name a few. These types of violations can cost your organization $75,000+ , so keeping confidential information separate is a must.

Filing 52
article thumbnail

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. These documents include payroll records, time cards, pay rate information, and anything else related to payment.

Medical 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

4 Smart Money Moves to Plan for Financial Security

Success

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.

article thumbnail

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

BMT Office Administration

Both forms provide end-of-year compensation information that employees and contractors need for tax purposes. Businesses that use comprehensive payroll software can often have the forms automatically generated with the employee’s stored information and compensation data. What information needs to be included on form 1099 NEC?

Payroll 52
article thumbnail

An interview with Admin Awards Founder, Sunny Nunan, by Executive Support Magazine

Admin Awards

To read this interview in Executive Support Magazine visit: [link] Sunny Nunan is the CEO and Founder of the Admin Awards in the USA, created in honor of her mother, a life-long administrative professional Can we start with a little background information? Where are you from and what is your background?

article thumbnail

3 Steps to Take Before Going Into Business for Yourself

Success

According to the Bureau of Labor Statistics , the average employer paid “78% of medical care premiums for single coverage plans” in 2021, which is a nice perk. These include unavoidable costs such as housing, food, transportation and insurance. You should consult your own tax, legal and accounting advisors.

article thumbnail

Don’t expect customer service from your health insurance company

Service Untitled

As to customer services, the biggest complaints were the inability to reach someone on the phone, obtaining cost information, and securing payments for claims. So is privatizing medical insurance the answer? There needs to be 24/7 coverage call centers for real people with real medical problems.