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Hiring Internationally Doesn’t Have To Make Payroll Complicated

Allwork

It’s essential for an organization/business to have a more-than adequate payroll system. Having a good payroll service can make or break a company. These applications automate the payroll process to reduce administrative burden and ensure that workers are paid correctly and on time. This helps support our journalism.

Payroll 246
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What Is Cryptocurrency’s Role In The Future Of Work?

Allwork

According to Dennis Consorte, Small Business Consultant and Expert at Digital.com, companies who pay their workers in cryptocurrencies such as bitcoin have been shown to improve their hiring rates. . While it is uncommon for companies to pay in cryptocurrency, it isn’t unheard of.

Salary 299
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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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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. HR outsourcing takes complex or time-consuming tasks off of small business owners’ plates so that they can focus on leading and growing their companies.

Payroll 52
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Underwriting employees’ educational expenses tax-free

BMT Office Administration

While many companies and HR teams may be well-intentioned, there’s a difference between debt-free and tax-free. But this approach has many steps and pitfalls, so it’s advisable to get some legal and tax advice. A $9,500 gross-up will cost the company $13,503.91. The education must serve a bona fide business purpose.

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4 Monumental Ways Banning Noncompete Clauses Will Transform The Future Of Work

Allwork

The Federal Trade Commission (FTC) has announced a proposal that would ban noncompete clauses, which are contracts that can prohibit employees at a company from job jumping within their career field, trading company insights, and more. . However, it could also initiate major problems for companies in the future. .

Policies 331
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My thoughts on the multi-VA model

Virtual Moxie

Legally, and with lower risk, it could profitably be run with employees. Bit O’Moxie : Look…if you’re going to set up a multi-VA firm, do it legally and minimize your risk. and do it legally. No I don't make gobs of money, but then, that's not why I chose to become a multi-VA company.

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