Remove Equipment Remove Payroll Remove Retirement Remove Skills
article thumbnail

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
article thumbnail

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? 1099 workers also are not generally paid through regular payroll and do not typically have taxes withheld from their checks or deposits. Independent contractors should have a high degree of control over their own activities.

Payroll 52
article thumbnail

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. Employees who feel that they are not getting a fair deal for their skills will be much more likely to seek options elsewhere. Unemployment: Way Down.

2016 58