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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

Payroll 52
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Leveraging Procedures for Effective Training and Onboarding

All Things Admin

Consider recording your training sessions, whether they’re in person or via platforms like Teams or Zoom. This not only aids in creating a comprehensive procedural document for future use, but also provides a reference for the new hire to revisit as needed while they’re learning the ropes.

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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. It is the responsibility of each department lead to provide department-specific training and onboarding to new employees. Example 5 – Payroll processing.

Payroll 72
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How long do employers keep employee records?

BMT Office Administration

These include performance evaluations , signed copies of your employee handbook , employee identification numbers, emergency contact information, awards, training records, and termination letters. Payroll files. Your payroll files should include W-4s, W-2s, timesheets, direct deposits, and wage rates. Medical files.

Payroll 98
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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. If it’s data entry, you need to train them on the program. I use it with my interns for my blog. Tax laws change.

Elance 287
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Employee Files: What to include, what to leave out, and what’s confidential

BMT Office Administration

They help maintain a safe workplace Does your organization require mandatory OSHA training? Are your employees up to date with their fire safety and first-aid training? Keeping safety records will make it easy to know if your team needs to update their training, helping you stay in compliance with any OSHA requirements.

Filing 52
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Make Procedures Development a Habit, Not a Project

All Things Admin

How are you supposed to document everything for reference, as well? Or you may have set days of the week where you do certain reports or perform routine tasks like expense reporting or payroll. One of the challenges of creating administrative procedures is that many people feel overwhelmed by the project.

2024 52