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Around a quarter of jobs will shift over the next five years, WEF report claims

Workplace Insight

About a third of tasks (34 percent) are currently automated, just 1 percent above the 2020 figure. Surveyed companies also revised down their expectations for further automation, to 42 percent of tasks by 2027, compared to 2020 estimates of 47 percent of tasks by 2025.

2023 98
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Black History Month Interview Series: Lacretia Adamski

Executive Leadership Support Blog

Throughout her career, she has also formed and managed administrative teams, including a team of soon-to-be 1 4 that globally supports approximately 1 ,000 employees. It would be an understatement to say that 2020 was a challenging year, but it was also a pivotal year for me professionally. Let’s get to know Lacretia!

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How to Improve Online Security In Your Remote Office Space

All Things Admin

Use of Zoom increased by 30x in April 2020, as teleconferences went online. On the technical front, attacks started aggressively targeting home networking equipment like routers, to modify settings, and redirect users to make sites eavesdrop on communications. This shift to remote work fundamentally changed how we use IT.

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

BMT Office Administration

Forms such as IRS Form W-2 and IRS Form 1099 need to be sent out by the end of January. Both forms provide end-of-year compensation information that employees and contractors need for tax purposes. A W-2 is a tax form that businesses send to their employees as well as the government. What is a W-2? What is a 1099?

Payroll 52
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Employee Monitoring: How to (and not to) track employee productivity

BMT Office Administration

Before 2020, employee monitoring in a traditional office environment was pretty straightforward. Yet, the COVID-19 pandemic of 2020 threw a wrench into this tried and true system for most companies. As early as May 2020, one-third of all employees began working from home. The history of employee monitoring’s various forms.

Filing 52
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Business finance: The ultimate guide for non-finance people

BMT Office Administration

In particular, traditional business financing options like bank loans have been declining since 2020 — where they fell 6% from 2019 (43% to 37%, respectively). In fact, ROBS is currently the most popular form of business financing in 2023. They also work for individuals that don’t qualify for other forms of financing.

Finance 105
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How to handle remote employee time tracking

BMT Office Administration

Prior to 2020, only 6% of all employees worked remotely. Now in 2023, it’s projected that 25% of the workforce will engage in remote work in one form or another. It has to do with the increased volume of emails due to the rise in remote working after 2020. However, that percentage jumps up to about 50% for remote workers.

Payroll 52