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4 important payroll issues to keep an eye on in 2023

BMT Office Administration

Nevertheless, 2023 is looking like another challenging year for Payroll as we get a few insights into what to expect. General consensus: Proposed regs, if they ever are released, will raise the minimum salary employees must earn to remain exempt from overtime under the Fair Labor Standards Act. Axed business travel budgets.

Payroll 52
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How Hiring Virtual Assistants Can Boost Employee Performance and Work-Life Balance

Success

Masarweh says it’s a way to better allocate employees’ time, especially when they have special skills, so you aren’t paying high salaries for basic administrative tasks. He points to around a year ago when there were massive layoffs happening , “just completely wiping companies out,” he says.

2023 256
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The Four Horsemen of the Mandated Return to Office

Allwork

Companies demanding employees return to the office for 3-5 days per week are dealing with resistance, attrition, quiet quitting and diversity issues. . Evidence shows that underrepresented groups are leaving employers who mandate a return to the office and are fleeing to more flexible companies. . Quiet Quitting.

2022 341
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The Blended Role of Executive Personal Assistants

C-Suite Assistants

As a company Founder or CEO, you may be looking for an executive assistant to schedule meetings, organize business trips, as well as manage many aspects of your personal life. The salary for a personal/executive assistant is generally in line or sometimes higher than that of either an executive or personal assistant.

Payroll 74
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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. The same thing applies if, say, you want to underwrite flying lessons for an attorney who needs to travel long distances. A $9,500 gross-up will cost the company $13,503.91. 1 – 22 – 0765 (or 0.7035).

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5 tips for Being a Freelance Worker

On The Job

Many companies don't offer temporary workers any benefits, so that helps greatly reduce their costs. The biggest fixed cost an employer has is payroll," says Tim Ozier , director of contract staffing at MRINetwork in Philadelphia. Companies are opening up all kinds of work in these areas. Being vocal.

Temping 100