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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. However, sometimes people mistakenly think of these files as a catch-all for an individual’s paperwork. Rather, understand that general personnel files serve a distinct purpose. What to include in an employee’s personnel file.

Filing 121
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Wall Street Whispers: Big Banks Discussing Bankruptcy Strategies For WeWork

Allwork

billion earlier this year — are now in preliminary discussions about the company’s financial restructuring. These discussions revolve around the potential for WeWork to file for chapter 11 bankruptcy, although no formal proposals have been presented to the company’s board yet.

Filing 130
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Unique Corporate Gifts Your Clients and Employees Will Love

Success

During holidays, anniversaries and major events, company gifts have become an essential feature of business. Yet, such gifts send a mixed message to your health and well-being programs. Company gift dos and don’ts. Speaking of gift bundles and snacks, prepared corporate gift boxes have become wildly popular as company presents.

Gifts 222
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Tax Planning for Freelancers: 5 Strategic Moves To Make Now To Avoid Tax Pain Next Year

Allwork

While the dust from the 2023 tax filing season has long since settled, if you are a freelance worker, independent contractor , or digital nomad, now isn’t the time to forget about your taxes. LLC: An LLC, or Limited Liability Company , is an appealing legal business structure for freelancers. While celebrating U.S.

Legal 264
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Sorting out taxes and reporting for a deceased employee

BMT Office Administration

Payees must usually present an affidavit attesting they can receive the payment. Check with the company’s counsel if you get such a request and don’t disburse any funds without getting a receipt. More practically, cancel the deceased employee’s company email and security card, and retrieve their company-issued cell phone and laptop.

Payroll 52
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Leveraging Procedures for Effective Training and Onboarding

All Things Admin

Procedures are more than just documents; they are a roadmap for new hires, guiding them through the complexities of their new role and the company culture without constant supervision. Even if you’ve performed similar roles before, your first days and weeks at a new company were probably a bit daunting.

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Bad Credit 101: The Small Mistakes That Are Killing Your Score

Success

Your credit utilization ratio is another major factor that determines your FICO score and, therefore, your overall credit health. If you find any erroneous information on your report, you can: File a dispute directly with the credit bureau(s) reporting the error. Using too much credit isn’t good.