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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. . Last year, Colorado enacted the Equal Pay for Equal Work Act — a law that requires employers to include salary ranges on their job postings. .

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4 important payroll issues to keep an eye on in 2023

BMT Office Administration

Nevertheless, 2023 is looking like another challenging year for Payroll as we get a few insights into what to expect. The IRS punted on its final regulations , dropping the mandatory e-filing threshold for information returns for 2021 and 2022 W-2s, 1099s, and 1095s. We wish we had a crystal ball, but we don’t. Final e-filing regs.

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Stay on track with this payroll compliance checklist

BMT Office Administration

Payroll compliance is no small task. Everyone knows that executing payroll accurately and on time is important, after all everyone wants to get paid for their world. However, there is also a lot more that goes into proper payroll processing including a large number of compliance functions and concerns.

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5 SOP examples for your business

BMT Office Administration

Conduct the HR orientation to orient the new employee with the timekeeping and payroll software , necessary paperwork, and internal resources. Once approved, input the job title, description, and salary range into the ATS. Follow the expense policy to document any charges put on a company card. Expense policy.

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Are your employee pay profiles correct? It’s time to check

BMT Office Administration

Know the pay codes Earnings and deductions codes are crucial because the information flows through to employees’ pay, W-2s, and the government, Stone said. Employees control how their information is entered in their ESS, but in the end, it’s your responsibility to adjust it and reset the priorities, Stone said.

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5 tips for Being a Freelance Worker

On The Job

The biggest fixed cost an employer has is payroll," says Tim Ozier , director of contract staffing at MRINetwork in Philadelphia. We've place CIOs (chief information officers) and COOs (chief operating officers) for eight months or longer with one company." It's to their advantage to hire contract workers in many cases." Being vocal.

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