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

BMT Office Administration

Agreements related to the use of a company car or business credit card. These documents tend to be ones containing sensitive or confidential information. For instance, employers cannot include medical information in an employee’s general personnel file due to the Americans with Disabilities Act (ADA).

Filing 121
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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. 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.

Filing 52
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How Financial Wellness Programs Can Benefit Employees and Employers

Success

Gone are the days when new employees received a list of the company holidays during onboarding and a packet with information about how to sign up for health care and retirement benefits. Employers are now providing a broader suite of benefits and are increasingly recognizing the importance of financial wellness programs for employees.

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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. That’s because when we delay organizing our finances, it causes us to delay a lot of other things, too.

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16 Rich Habits

Success

This neural fast lane saves the brain energy: When a habit is formed and stored in this region, the parts of the brain involved in deeper decision-making cease to participate in the activity. Stay away from accumulating credit card debt. However, we all know there are good habits and bad habits. They create their own good luck.

Mentoring 317
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Snail Mail 101

Clutter Coach

Similarly, one of you may be responsible for social engagements and medical appointments. I know they have fascinating and important information in them, but you don’t have time to read them and keep up with what came in today. Information is only useful when you can get at it. Also shred credit card applications.

Medical 100
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8 Pieces of Financial Advice for New College Graduates

Success

Some people refer to this as an emergency fund , but it is essentially three to six months’ worth of living expenses you can use to pay for essentials if you lose your income or get hit with unexpected bills, such as a car repair or medical emergency. Understand and build your credit score. 20% goes to other debt repayment and savings.