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5 SOP examples for your business

BMT Office Administration

To help you visualize what an SOP should look like and include, we’ve created five simple SOP examples. Take a look at the following examples to see what a basic SOP should look like. SOP Example 1 – Employee onboarding. Direct Deposit Form. Employee Handbook and Acknowledgement Form. What is an SOP?

Payroll 72
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IRS poised to allow e-filing of Form 941-X

BMT Office Administration

The IRS and the National Taxpayer Advocate have been going at each other hammer and tongs over the mountains of paper forms the agency still processes. Earlier this year, it kicked off a new scanning process for Form 940. The IRS’ paperless initiative takes this one step beyond scanning payroll returns.

Forms 52
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What Is The Impact Of Hybrid Working On Space Optimization?

Allwork

After all, commercial real estate is, on average, the second-highest expense for most businesses, only surpassed by payroll. The same can be said for the onboarding process of new colleagues, for example. That’s why many larger companies have started relying on software to help them manage their working policies. .

Policies 291
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Everything you need to know about geofencing time clocks

BMT Office Administration

At the same time, geofencing technology renders most forms of time theft useless, which is a huge advantage. Geofencing time clock software works better for some organizations over others, such as businesses with employees who work at several job sites. Here are the top pros and cons of geofencing time-tracking software.

Payroll 59
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In-Depth Guide to the Timesheet Approval Process

BMT Office Administration

For example, a solid timesheet approval system will help you stay on budget, and you can gain insights into your workforce’s productivity. However, manual timekeeping is a time-consuming and frustrating process, especially if tackled without the aid of software. Does your time approval process cause you more headaches than benefits?

Payroll 52
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1099 vs W-2: The difference between employees and contractors

BMT Office Administration

Forms such as IRS Form W-2 and IRS Form 1099 need to be sent out by the end of January. Both forms provide end-of-year compensation information that employees and contractors need for tax purposes. A W-2 is a tax form that businesses send to their employees as well as the government. What is a W-2? What is a 1099?

Payroll 52
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Employee Files: What to include, what to leave out, and what’s confidential

BMT Office Administration

For example, the Equal Employment Opportunity Commission (EEOC) requires that employers must keep personnel records for one year. 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. Why is that?

Filing 52