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

BMT Office Administration

They create a document retention policy that clarifies what needs to be saved, where, and for how long. Sticking to a set record retention policy eliminates guesswork and promotes efficiency. Businesses and nonprofits of all sizes should possess a written-out document retention policy. Such action raises concern about cover-ups.

Policies 105
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Employee personnel files — what should and shouldn’t be included

BMT Office Administration

Training records. Reference and background check results. Payroll records for money or pay-related information such as: Timesheets. Payroll records for money or pay-related information such as: Timesheets. Payroll deduction forms. You must keep a completed Form I-9 on file for each employee on your payroll.

Filing 121
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5 SOP examples for your business

BMT Office Administration

It is the responsibility of each department lead to provide department-specific training and onboarding to new employees. New hire refers to any new employees beginning employment at the company. Coordinate with department manager to schedule department-specific onboarding meetings and review additional training needs.

Payroll 72
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Employee Files: What to include, what to leave out, and what’s confidential

BMT Office Administration

For instance, if your employment records contain all the disciplinary actions and policy violations committed by the offending employee, you’ll have a better chance of defending your decision to terminate an employee in court. They help maintain a safe workplace Does your organization require mandatory OSHA training?

Filing 52
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Small Business Bootstrapping Techniques | THE SMALL BUSINESS BLOG

The Small Business Blog

Small Business Bootstrapping Techniques by Stefan Töpfer on Oct 01, 2007 I often refer to “ bootstrapping “, when I talk about small business, you may very well be asking “ What the hell is bootstrapping?&# More often than not that train has moved on. he sold policies out of the trunk of his car for many years.

2007 100