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Flexibility Beyond Arrangements – Why Companies Should Adopt Flexible Compensation Programs

Allwork

Biweekly payments have been the norm for decades now, serving as a guideline for workers to create a budget. Allowing employees to access wages, or simply offering more arrangements beyond weekly and biweekly pay schedules, can be a way to combat financial insecurity as it allows workers to budget according to their needs. .

Payroll 246
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In-Depth Guide to the Timesheet Approval Process

BMT Office Administration

In fact, this is why human resources professionals still refer to clock-in times as ‘punches.’ For example, a solid timesheet approval system will help you stay on budget, and you can gain insights into your workforce’s productivity. Other reasons why timesheet approval is a necessity include: It ensures proper payroll processing.

Payroll 52
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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. For example, “you could have them research five top-rated web design companies according to your budget and timeline,” the author says. Tax laws change.

Elance 290
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The best timeclock options for small businesses

BMT Office Administration

From high-tech biometric readers to simple punch clocks, there are many options to fit your budget and preferences. Something to consider when budgeting for a timeclock is whether there will be any additional recurring costs associated with your timeclock of choice. This is often referred to as buddy punching.

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

BMT Office Administration

A fiscal year simply represents the 12-month period that a business uses for its accounting, taxes, and budgeting purposes. So whenever you hear someone talk about their fiscal year, they’re referring to the 12-month period they use for accounting and taxes. After all, if you wanted to start a business, how would you acquire capital?

Finance 105
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Everything you need to know about geofencing time clocks

BMT Office Administration

Geofencing refers to creating a predefined virtual boundary that’s made using GPS, RFID (Radio Frequency Identification), Wi-fi, or cellular data signals. Missed punches happen all the time, and they cause all sorts of problems with timekeeping and payroll processing. How Do Geofencing Time Clocks Work?

Payroll 59
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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?&# PAYweb Small Business Payroll Said on February 23rd, 2009 at 6:29 pm Great article, and very interesting comments.

2007 100