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AI may boost productivity, but we are already becoming reliant on it, and that’s a problem

Workplace Insight

This year’s edition tracks research, development, technical performance, responsible practices, economics, policy, public opinion, and more. Generative AI, a powerful new technology, even shows promise in assisting with legal tasks like contract drafting. Google’s Gemini comes in even higher at $191 million.

2023 59
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What electronic record-keeping software best fits your needs?

BMT Office Administration

However, making the switch to electronic record-keeping often isn’t as expensive or cumbersome as small business owners think. More expensive than basic file storage options. Cons: Can be cost-prohibitive for smaller businesses. These benefits can save your business a lot of time and keep your documents more secure.

Filing 98
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Uber and Lyft Lawsuits & the On-Demand Economy

Small Business Labs

Uber and Lyft were both dealt legal setbacks in two different lawsuits last week. The judge in the Lyft case nicely summed up the legal difficulties, complexities and confusion around how to classify on-demand economy workers.   Freelance Government Policy Independent workers on-demand economy'

Legal 100
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4 Ways Small Businesses Can Reduce Workers’ Compensation Costs

Small Business CEO

Workers’ compensation costs extend far beyond the cost of your insurance policy. The costs of a workplace accident also include time lost, attorney fees, disruption to your daily operations and medical costs. Here are four ways you can reduce workers’ compensation costs. Make Safety a Priority.

Medical 46
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Employee Files: What to include, what to leave out, and what’s confidential

BMT Office Administration

For instance, if your employment records contain all the disciplinary actions and policy violations committed by the offending employee, you’ll have a better chance of defending your decision to terminate an employee in court. Also, you’re legally obligated to retain these records for at least one year by the EEOC.

Filing 52
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An Admin’s Cheat Sheet to Business Terminology

All Things Admin

I proofread and edited a lot of policy documents in that position. It is calculated by dividing the net profit by the investment cost. P&L – Profit & Loss: This is a financial statement that shows the revenues, costs, and expenses of a company over a particular period of time. cost, quality, added use).

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Stay on track with this payroll compliance checklist

BMT Office Administration

There are a couple of common mistakes that can occur at this stage, including: Paying someone as an independent contractor when they do not meet the legal criteria for this classification. In some states, like California and Illinois, there can even be fines, interest charges, and other expenses for late final payments.

Payroll 52