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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
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Everything you need to know about geofencing time clocks

BMT Office Administration

Geofencing refers to creating a predefined virtual boundary that’s made using GPS, RFID (Radio Frequency Identification), Wi-fi, or cellular data signals. Missed punches happen all the time, and they cause all sorts of problems with timekeeping and payroll processing. How Do Geofencing Time Clocks Work?

Payroll 59
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5 SOP examples for your business

BMT Office Administration

It is the responsibility of each department lead to provide department-specific training and onboarding to new employees. New hire refers to any new employees beginning employment at the company. Coordinate with department manager to schedule department-specific onboarding meetings and review additional training needs.

Payroll 72
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Employee Files: What to include, what to leave out, and what’s confidential

BMT Office Administration

They help maintain a safe workplace Does your organization require mandatory OSHA training? Are your employees up to date with their fire safety and first-aid training? Keeping safety records will make it easy to know if your team needs to update their training, helping you stay in compliance with any OSHA requirements.

Filing 52
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Make Procedures Development a Habit, Not a Project

All Things Admin

How are you supposed to document everything for reference, as well? Or you may have set days of the week where you do certain reports or perform routine tasks like expense reporting or payroll. One of the challenges of creating administrative procedures is that many people feel overwhelmed by the project.

2024 52
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It’s time to review (or create) your document retention policy

BMT Office Administration

As a starting point, consider what these organizations say about some major types of records to keep and for what length of time: Per the Internal Revenue Service : The length of time you should keep a document depends on the action, expense, or event which the document records.

Policies 105
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Small Business Bootstrapping Techniques | THE SMALL BUSINESS BLOG

The Small Business Blog

Small Business Bootstrapping Techniques by Stefan Töpfer on Oct 01, 2007 I often refer to “ bootstrapping “, when I talk about small business, you may very well be asking “ What the hell is bootstrapping?&# More often than not that train has moved on. It does not mean you can’t realise real profits either.

2007 100