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Hiring Internationally Doesn’t Have To Make Payroll Complicated

Allwork

It’s essential for an organization/business to have a more-than adequate payroll system. Having a good payroll service can make or break a company. These applications automate the payroll process to reduce administrative burden and ensure that workers are paid correctly and on time. This helps support our journalism.

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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. . Workers have been calling for better pay transparency as they demand a more equitable workplace experience, which starts during the application and hiring process. .

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The 4 Best Retirement Plans for Self-Employed Individuals to Consider

Success

You might be familiar with 401(k) plans and automatic payroll deductions at a traditional employer. However, many have similar tax benefits and contribution limits, making understanding the process a little easier. Employers can deduct contributions as a business expense. Pros: A SIMPLE IRA is easy to set up and use.

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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

While every employee brings their own special talents and perspectives to their job roles, things can get disorganized when everyone is taking a different approach to completing your company’s core business processes. SOPs are an excellent tool for small business owners looking to take their business process management to the next level.

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

BMT Office Administration

But what you pay and what you deduct from an employee’s salary depends on their profile—their basic demographic information, their W-4s, their Social Security numbers, their work state, and their home state. You need to configure deduction codes properly for the states not following the federal rules, Stone said.

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