Remove Information Remove Payroll Remove Policies Remove Proposal
article thumbnail

4 Monumental Ways Banning Noncompete Clauses Will Transform The Future Of Work

Allwork

The Federal Trade Commission (FTC) has announced a proposal that would ban noncompete clauses, which are contracts that can prohibit employees at a company from job jumping within their career field, trading company insights, and more. . Agreements like noncompete clauses are part of how information like that remains confidential.

Policies 329
article thumbnail

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. The IRS punted on its final regulations , dropping the mandatory e-filing threshold for information returns for 2021 and 2022 W-2s, 1099s, and 1095s. We wish we had a crystal ball, but we don’t. Final e-filing regs.

Payroll 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

New overtime regulations are open for comment

BMT Office Administration

Proposed regulations raising the salary employees must earn to be exempt from overtime were published in last Friday’s Federal Register. You need to use this time wisely to determine the impact final regulations may have on your payroll by auditing your employees and your pay policies. You have until Nov. 7 to comment.

Payroll 52
article thumbnail

Crypto’s creep into the workplace is creating concerns

BMT Office Administration

You can have a policy against paying employees in crypto and it probably won’t be a deal-breaker for the vast majority of employees. Not employee-friendly: Employees may not be able to make informed investment decisions. 401(k) investment options. Cryptocurrencies are different from typical 401(k) investment options, says the DOL.

Legal 52