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5 SOP examples for your business

BMT Office Administration

Terms and definitions. New hire refers to any new employees beginning employment at the company. Conduct the HR orientation to orient the new employee with the timekeeping and payroll software , necessary paperwork, and internal resources. Terms and definitions. Terms and definitions. Terms and definitions.

Payroll 72
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Employee personnel files — what should and shouldn’t be included

BMT Office Administration

While some variance may occur between companies, certain papers commonly belong in these files and some definitely do not. Reference and background check results. Payroll records for money or pay-related information such as: Timesheets. Payroll records for money or pay-related information such as: Timesheets.

Filing 121
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The Four Horsemen of the Mandated Return to Office

Allwork

That term refers to employees psychologically disengaging from their work, and doing just enough to get by without getting in trouble. A June 2022 survey by the Society for Human Resources reports that 48% of survey respondents will “definitely” look for a full-time work from home job in their next search. Quiet Quitting.

2022 342
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Employee Files: What to include, what to leave out, and what’s confidential

BMT Office Administration

If so, then you’ll definitely want to have the proper documents on-hand to defend your managers. Recruitment documents Human resources departments should retain documents related to the hiring process, especially if you need to refer back to them later. Here’s what you’ll need to include in your confidential employee files.

Filing 52
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Business finance: The ultimate guide for non-finance people

BMT Office Administration

So whenever you hear someone talk about their fiscal year, they’re referring to the 12-month period they use for accounting and taxes. Equity (net worth) What does it mean when someone refers to their business’s equity? Equity refers to the total value of a company’s assets minus the cost of its debts.

Finance 105
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It’s time to review (or create) your document retention policy

BMT Office Administration

Each employer shall preserve for at least three years payroll records, collective bargaining agreements, sales and purchase records. Basically, the term refers to evidence of business-related activities, such as events, transactions, discussions, and communications. Do not expect employees to inherently know what stays and what goes.

Policies 105
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How to handle remote employee time tracking

BMT Office Administration

Employee time tracking refers to keeping track of an employee’s work hours and productivity. If you’re going to use a monitoring tool that takes periodic screenshots of their workspace, you’ll definitely need to let your team know beforehand. Its core features include: Automated invoicing & payroll. Employee scheduling.

Payroll 52