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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

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How long do employers keep employee records?

BMT Office Administration

Payroll files. Your payroll files should include W-4s, W-2s, timesheets, direct deposits, and wage rates. ADEA (Age Discrimination in Employment Act) record requirements state you must retain payroll records for three years. The Fair Labor Standards Act (FLSA) states employees must hold onto payroll records for three years.

Payroll 98
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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. . Internal or external sites, flyers, or classified advertisements — they all are now required to include a salary disclosure.

Salary 246
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5 SOP examples for your business

BMT Office Administration

In order to produce more consistent results and streamline your internal operations, it can be beneficial to create standard operating procedures for everyone to follow. 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. Example 5 – Payroll processing.

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The What, Who and How of Outsourcing… So You Can Let Go

Success

From the moment she opened Ditto Boutique, a luxury consignment store in Dallas, Jane DeNike outsourced the complex tasks of payroll and paying taxes to a bookkeeper and accountant. I use it with my interns for my blog. Tax laws change. After merging her boutique with another, she and her co-owner planned to upgrade their website.

Elance 287
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What does it take to be a successful HR Assistant?

Page Personnel

In addition, the HR assistant will provide assistance to senior members of the team in a range of areas, including recruitment, training, performance management, employee orientation, payroll administration, employee welfare and health and safety. An HR assistant is generally responsible for internal communication within an organisation.

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Leveraging Procedures for Effective Training and Onboarding

All Things Admin

Share information on competitors and collaborators that overlap with our market and industry. Tools of the Trade Familiarize them with the essential programs and platforms used by the company (project management, file management, internal communications, virtual meeting platforms, etc.),