Remove Cost Remove Legal Remove Payroll Remove Skills
article thumbnail

Stay on track with this payroll compliance checklist

BMT Office Administration

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.

Payroll 52
article thumbnail

Benefits of outsourcing HR for small businesses

BMT Office Administration

Most small businesses focus on their product/service team and sales staff in the early years, but someone still needs to run payroll and handle onboarding for new hires. This includes things like payroll administration, employee benefits , HR compliance, and talent acquisition. How does HR Outsourcing work for small businesses?

Payroll 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

5 Administrative Assistant Skills That Add the Most Value

Admin Awards

What are their administrative skills? Here are five administrative assistant skills that can help you get hired, succeed on the job and drive your career. They look for individuals who proactively update their administrative assistant skills through training. Industry knowledge. Expertise in software and social media.

Skills 40
article thumbnail

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

BMT Office Administration

1099 workers also are not generally paid through regular payroll and do not typically have taxes withheld from their checks or deposits. If you are paying someone through your normal employee payroll process with income tax withholdings, you typically need to send them a W-2. Booth copies must be sent out by January 31. Control number.

Payroll 52
article thumbnail

Underwriting employees’ educational expenses tax-free

BMT Office Administration

This can still be a great way to keep employees happy and up-to-date on skills. The education maintains or improves employees’ skills needed in their present jobs. But this approach has many steps and pitfalls, so it’s advisable to get some legal and tax advice. A $9,500 gross-up will cost the company $13,503.91.

article thumbnail

Can Outsourcing Work For Your Business?

Small Business CEO

While there are various tools which may help entrepreneurs in tasks ranging from payroll to marketing services, outsourcing is still very popular among businesses. One of the reasons is because the labor is low-cost as well as there are others who are more skilled and adept at some of the areas of the business.

Payroll 40
article thumbnail

4 Monumental Ways Banning Noncompete Clauses Will Transform The Future Of Work

Allwork

As FranchiseWire puts it, “once [employees] gain expertise as they perform their duties, they aren’t able to take those marketable skills elsewhere for a lengthy period. Few The fight to keep and attract top candidates would also lead to higher salaries, and thus increased payroll costs. .

Policies 331