Remove Expenses Remove Industry Remove Management Remove Payroll
article thumbnail

Flexibility Beyond Arrangements – Why Companies Should Adopt Flexible Compensation Programs

Allwork

Consider this: the Federal Reserve has shown that 40% of working adults cannot afford an emergency expense costing $400, leaving many working paycheck to paycheck or tapping into savings. .

Payroll 191
article thumbnail

3 Smart Money Moves to Make Before Starting a Business

Success

Financial considerations for setting up your business—such as cash flow management and forecasting—should always be your baseline before going any further. Consider cash flow management and forecasting. For example, do research ahead of time to predict the average accounts receivable timelines for your industry.

Finance 345
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What’s the deal with on-demand pay?

BMT Office Administration

There were at least 11 on-demand pay vendors at the American Payroll Association’s Annual Congress last month, not including the national third-party payroll providers. Nothing wrong with vendors highlighting their products at a convention of Payroll professionals. What is the additional burden on the Payroll department?

Payroll 97
article thumbnail

What Is The Impact Of Hybrid Working On Space Optimization?

Allwork

This shift has many benefits, but it also leaves facility managers, CFOs, and business owners wondering what will happen with their office real estate. While this shift has many benefits, it also leaves facility managers, CFOs, and business owners with a dangling question: what will happen with our office real estate?

Policies 287
article thumbnail

5 SOP examples for your business

BMT Office Administration

SOPs are an excellent tool for small business owners looking to take their business process management to the next level. If you make heavy use of acronyms or industry jargon it can also help to define some of the key terms used in each process. However, writing them can be an intimidating task. Responsible parties.

Payroll 72
article thumbnail

HR Leaders Share How New Salary Transparency Laws Have Changed Everything

Allwork

As of November 1, a law in New York City now requires employers with four or more people on the payroll to provide a salary pay range in all job advertisements. . For industries and job types with a high percentage of remote work we are seeing some compression, with other locations increasing to be closer to NYC and SF rates.

Salary 246
article thumbnail

Stay organized and secure with electronic records management

BMT Office Administration

Like many other workplaces, Laura’s office could benefit considerably from implementing electronic records management (ERM). Such a management system utilizes information technology to organize and store records in electronic form. A properly maintained electronic records management system serves as an efficient one-stop-shop.