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Bank failures and payroll — what employers should know

BMT Office Administration

A close call The FDIC announced Monday that it would protect all deposits, which means employers should have no problem making their payrolls. Explore whether it’s possible to switch your payroll accounts to another bank. So employees are probably going to have questions about the security of your payroll processes.

Payroll 52
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5 things you should do now to prepare for year-end payroll reporting

BMT Office Administration

However, Payroll teams are busy preparing for a different season — year-end reporting. Phishers count on year-end stress to trick you and your staff into responding to the “CEO’s” email asking for employees’ W-2 data. And employees are going to want to access their W-2s on their phones. Test your systems for 2022 filing.

Payroll 52
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10 Simple Tips to Improve Your Time Management Skills

Success

If you work at a company) Why am I on the payroll? An unexpected phone call or a drop-in visitor may be urgent, but the consequences of dealing with either may not be important in the long run. Do you receive phone calls that divide your focus? What can I, and only I, do that I’ve done well before to make a difference? (If

Skills 297
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12 Last-Minute Gift Ideas For Digital Nomads

Allwork

It helps avoid the hassle of sending loads of emails to try and find a convenient time to meet. . One popular travel accessory that every digital nomad needs is a travel adaptor so that they can recharge all their devices, from laptops, cameras and cell phones to digital watches and alarms. . Foldable laptop stand .

Gifts 287
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How Hiring Virtual Assistants Can Boost Employee Performance and Work-Life Balance

Success

Employees “were able to take their PTO knowing that someone was fully covering their [tasks] and that they are not coming back to catch up with their emails and reports; they have a teammate they can trust, because they went to the same training as the in-office assistants,” she says. What types of tasks might virtual assistants help with?

2023 264
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Sorting out taxes and reporting for a deceased employee

BMT Office Administration

While fortunately a rare circumstance, dealing with payroll for a recently deceased employee can be tricky. Hopefully this isn’t an issue that comes up for your payroll department often, but it’s important to know what to do, and get it right, in the event that it does happen. What pay is taxable?

Payroll 52
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Time management tools to help you get ahead at work

BMT Office Administration

For example, CRMs can often streamline the process of sending outreach emails or follow-ups by automating the process or providing email templates. Quickbooks Time allows employees to clock in from their phone or computers and records their geolocation. You can forward emails to your Trello to automatically create Trello cards.