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

BMT Office Administration

Does the business provide all necessary tools or equipment or does the worker provide their own tools? Is the worker treated as a supplemental resource to the business’ internal staff or are they working alongside them during similar hours and on similar projects? Are the business aspects of the worker’s job controlled by the business?

Payroll 52
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Ensuring payroll compliance in 2024: What’s new?

BMT Office Administration

Maintaining payroll compliance is a must for accounting departments, but it’s often easier said than done. That’s especially true whenever new changes come about, and 2023 was a year rife with new payroll regulations, trends, and initiatives. From the implementation of SECURE 2.0 From the implementation of SECURE 2.0

Payroll 52
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The US Talent Pool: Welcome Back to a Seller’s Market

Energage

At WorkplaceDynamics, we are all about equipping leaders to unleash potential, inspire performance, and deliver business results through the passion of their team members. Now let’s overlay the Bureau of Labor Statistics data on ‘Layoffs’ – the monthly rate at which organizations are dropping people from their payrolls.

2016 58
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Control Expenses – Automate Process Through Workflow Software

Small Business CEO

Internal processes. How many of you find that new employees don’t get equipment or security access on time, are missing their name plate or aren’t set up in payroll? Having the information online reduces turnaround time for approvals and can reassure a customer by showing where his application is in the process.