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

Allwork

As the labor market pays closer attention to employee well-being and emphasizes the employee experience, the future of work for senior human resource officers looks very different than it did even a few years ago. Most human resources (HR) leaders were formerly focused on compliance and administration.

Payroll 299
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3 Smart Money Moves to Make Before Starting a Business

Success

Knowing what resources you have on hand before you get in too deep can provide peace of mind that you’ll either have the funds you need to support your startup phase or that you need to save more before you order those new business cards and call yourself CEO. It requires time, energy and resources. All investing involves risk.

Finance 345
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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. These documents tend to be ones containing sensitive or confidential information. Beneficiary information. Confidential files for records with information such as: Date of birth.

Filing 121
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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
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Employee Records: End of year review & preparing for next year

BMT Office Administration

If you work in a human resources department, employee record keeping should be nothing new to you. Not only that, but with the end of the year just around the corner, companies need to know which documents they need to keep and which they can discard without incurring any legal penalties. Compensation. Post-employment records.

Medical 52
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1099 vs W-2: The difference between employees and contractors

BMT Office Administration

Both forms provide end-of-year compensation information that employees and contractors need for tax purposes. Is the worker treated as a supplemental resource to the business’ internal staff or are they working alongside them during similar hours and on similar projects? What information needs to be included on form 1099 NEC?

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

BMT Office Administration

Creating an effective documentation retention policy involves reviewing company and human resources requirements, state law, federal law, industry and governmental regulatory requirements, and insurance policies. Input from senior management, human resources, and the record-keeping department is a must.

Policies 105