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In-Depth Guide to the Timesheet Approval Process

BMT Office Administration

You can’t just take your employees’ word for the hours they worked, which is where the timesheet approval process enters the picture. It’s up to each department manager to review the timesheets their employees submit to ensure accuracy. Does your time approval process cause you more headaches than benefits?

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 Records: End of year review & preparing for next year

BMT Office Administration

Then there are performance reviews and each employee’s history of disciplinary action, both of which are essential documents that can help you avoid litigation following a termination. Employers keep many records and documents about their employees, not only for legal requirements but also because it’s just a good business practice.

Medical 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. Assembling a team that approaches the process from different angles and spheres of expertise can prove valuable.

Policies 105
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Benefits of outsourcing HR for small businesses

BMT Office Administration

Most small businesses focus on their product/service team and sales staff in the early years, but someone still needs to run payroll and handle onboarding for new hires. This includes things like payroll administration, employee benefits , HR compliance, and talent acquisition.

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

BMT Office Administration

Setting up employee personnel files is an important part of the recordkeeping process. When thinking about what belongs in there, the Society for Human Resource Management suggests the following: “Consider whether the document would be relevant to a supervisor who may review this file when making employment decisions.

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

Success

If you decide to seek outside capital, look at your options and review the pros and cons. You could also go through the process of borrowing from venture capitalists and angel investors. Disclosure: This material has been prepared for informational purposes only and should not be used as investment, tax, legal, or accounting advice.

Finance 345