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

BMT Office Administration

They create a document retention policy that clarifies what needs to be saved, where, and for how long. Sticking to a set record retention policy eliminates guesswork and promotes efficiency. Businesses and nonprofits of all sizes should possess a written-out document retention policy. Such action raises concern about cover-ups.

Policies 105
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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. Rethinking medical travel benefits for reproductive health care and family planning. Jackson Women’s Health Organization decision, which reversed Roe v. We wish we had a crystal ball, but we don’t.

Payroll 52
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Benefits of outsourcing HR for small businesses

BMT Office Administration

HR administration is an essential component of running a small business, but it’s often one of the most challenging to manage in the early stages of small business or start-up operations. With human resources outsourcing, small businesses can get help from an external party in managing their HR activities.

Payroll 52
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Employee personnel files — what should and shouldn’t be included

BMT Office Administration

As any human resources professional will attest, managing every employee’s employment life cycle involves a good deal of paperwork. Health insurance forms. Also, many employers who provide group health plans are subject to privacy obligations under the federal Health Insurance Portability and Accountability Act (HIPAA).

Filing 121
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The Four Horsemen of the Mandated Return to Office

Allwork

European banks, which offer more flexible hybrid work policies, are using these to hire talented staff from the less flexible US banks. The Society for Human Resource Management found that half of all Black office workers wanted to work from home permanently, while only 39% of white workers did so. . That’s a huge difference! .

2022 342
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Safely Grow Your Business By Utilizing Outsourcing Smartly

Small Business CEO

Between growing the customer base, keeping up with rapidly changing health policies, and the increased demand on offering remote work options, every organization has a lot on its plate these days. But to do so can be tricky if you don’t understand how, and when done incorrectly, it may lead to possible exposure for your organization.

Payroll 105
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Sorting out taxes and reporting for a deceased employee

BMT Office Administration

While fortunately a rare circumstance, dealing with payroll for a recently deceased employee can be tricky. Hopefully this isn’t an issue that comes up for your payroll department often, but it’s important to know what to do, and get it right, in the event that it does happen. What pay is taxable?

Payroll 52