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Upcoming regulatory initiatives and their impact on payroll

BMT Office Administration

the American Payroll Association’s director of government relations. Speaking at the American Payroll Association’s 40th Annual Congress this week in Las Vegas, Jacobson, Robert Wagner, Esq., and Mike Linehan caught attendees up on today’s hot payroll -related regulatory issues. This keeps Payroll in the loop.

Payroll 52
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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.

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

BMT Office Administration

These documents tend to be ones containing sensitive or confidential information. For instance, employers cannot include medical information in an employee’s general personnel file due to the Americans with Disabilities Act (ADA). Beneficiary information. Confidential files for records with information such as: Date of birth.

Filing 121
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3 Smart Money Moves to Make Before Starting a Business

Success

Once you get further along with your business, be sure to maintain accurate customer information, automate invoicing, and send invoices promptly. Because business growth requires capital to support payroll, accounts receivable, inventory and more, it’s a good idea to establish forecasting models. All investing involves risk.

Finance 345
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Strategies For Success In Senior HR Roles In The Future Of Work

Allwork

They dealt with problems as they arose, such as issues between employees that needed a third party, performance problems with particular employees, or other legal or compliance issues relating to always-updating regulations. Then, these insights can help make better-informed decisions about HR strategies and other company initiatives.

Payroll 299
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Choosing the Right Payroll Programs for Small Business

Small Business CEO

Automating payroll processes promises saved time and increased efficiency, however, the process of switching may appear daunting, particularly if there is uncertainty about which payroll program is right for the organisation. Tips on how to choose the right payroll software solution : Examine the business needs.

Payroll 40
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Employee Files: What to include, what to leave out, and what’s confidential

BMT Office Administration

That’s not even mentioning all the paperwork involved in the onboarding process, such as employee handbooks , contact information, and direct deposit/banking information — just to name a few. These types of violations can cost your organization $75,000+ , so keeping confidential information separate is a must.

Filing 52