Remove Cost Remove Document Remove Medical Remove Payroll
article thumbnail

Employee Files: What to include, what to leave out, and what’s confidential

BMT Office Administration

While it’s clear that you need to keep a separate file for each employee, which documents should you include in it? After all, there are some documents that you’ll need to keep confidential , and there are some that you don’t even need to include in your personnel files.

Filing 52
article thumbnail

Employee Records: End of year review & preparing for next year

BMT Office Administration

The Americans with Disabilities Act (ADA), Fair Labor Standards Act (FLSA), and Family Medical Leave Act (FMLA) have also had significant impacts on employee recordkeeping and personnel files — further complicating the issue. Hiring documents. What is employee recordkeeping and why does it matter? Compensation. Post-employment records.

Medical 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

BMT Office Administration

Employees need this document in order to file their personal income taxes each year. 1099 workers also are not generally paid through regular payroll and do not typically have taxes withheld from their checks or deposits. Employers also need to report and deposit payroll taxes to the internal revenue service (IRS) every quarter.

Payroll 52
article thumbnail

Should City Governments and other Businesses look to Virtual Services to Save Money?

Tips From T. Marie

But, he said, the city could use the payroll savings. If your employee or employees are sitting at their computers all day, making and taking phone calls, working on documents, data input and other tasks that are computer based with little to no public interaction in person they are a good candidate for either choice.

article thumbnail

How long do employers keep employee records?

BMT Office Administration

Stick around to learn which documents you need to keep and which you can get rid of without experiencing any consequences. Payroll files. Your payroll files should include W-4s, W-2s, timesheets, direct deposits, and wage rates. Medical files. All employee documentation related to benefits should go in your medical files.

Payroll 98
article thumbnail

Blockchain In Recruiting: Will That Impact A Recruiter's Job?

Recruit CRM

This helps established companies and even SMEs cut costs, reduce risks and save time. This comes in handy for transferring medical data, voting mechanisms, personal identity security , advertising and sales data tracking etc. Blockchain in recruitment will document both successes and failures. billion dollars by 2025.

2025 52