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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. This includes things like payroll administration, employee benefits , HR compliance, and talent acquisition. How does HR Outsourcing work for small businesses?

Payroll 52
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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. Confidential documents include medical files, tax documents, employee benefits , payroll records, and more.

Filing 52
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Ensuring payroll compliance in 2024: What’s new?

BMT Office Administration

Maintaining payroll compliance is a must for accounting departments, but it’s often easier said than done. That’s especially true whenever new changes come about, and 2023 was a year rife with new payroll regulations, trends, and initiatives. From the implementation of SECURE 2.0 From the implementation of SECURE 2.0

Payroll 52
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What electronic record-keeping software best fits your needs?

BMT Office Administration

You may need to pull employment records to defend yourself against a wrongful termination lawsuit , verify compliance during a government audit, or simply review an employee’s history when considering them for a promotion. These tools typically include onboarding, payroll , benefits, timekeeping, and performance management functionality.

Filing 98
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How Your Non-Profit Can Benefit From a Virtual Executive Assistant

Worxbee

EAs might be tasked with placing job advertisements, reviewing job descriptions and even helping with compiling short-lists of applicants. In terms of onboarding, it’s often the EA that makes sure the new person has all the needed paperwork to turn in and information on policies and procedures.

Budget 52
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4 Monumental Ways Banning Noncompete Clauses Will Transform The Future Of Work

Allwork

By barring companies from implementing such policies, workers would be able to seek greener pastures as they please. . Research from the Economic Policy Institute shows 49.4% The fight to keep and attract top candidates would also lead to higher salaries, and thus increased payroll costs. . Up the Ante .

Policies 331