Remove Cost Remove Expenses Remove Guidelines Remove Payroll
article thumbnail

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. Consider this: the Federal Reserve has shown that 40% of working adults cannot afford an emergency expense costing $400, leaving many working paycheck to paycheck or tapping into savings. . But is this concept founded?

Payroll 213
article thumbnail

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
Insiders

Sign Up for our Newsletter

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

article thumbnail

What Is The Impact Of Hybrid Working On Space Optimization?

Allwork

Real estate costs can be reduced by downsizing the amount of space needed and allowing for flexible desk booking policies. Does this bring with it an opportunity to save costs? After all, commercial real estate is, on average, the second-highest expense for most businesses, only surpassed by payroll.

Policies 291
article thumbnail

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

BMT Office Administration

It can also help to look at whether the worker is reimbursed for expenses incurred while completing the work. Some expenses may be included on independent contractor invoices, but the basic tools or programs required to complete the work are often provided by the contractor. Booth copies must be sent out by January 31.

Payroll 52
article thumbnail

Cloud Questions That Your CEO Will Ask

Small Business CEO

The purpose of utilizing any type of cloud services is to cut costs and offload data to improve the functionality of a company’s IT resources. These should be the ones that aren’t a technological burden such as email, payroll applications and types of customer relation management (CRM). How safe will our data be in the cloud?

Payroll 40