BMT Office Administration
NOVEMBER 21, 2022
Setting up employee personnel files is an important part of the recordkeeping process. However, sometimes people mistakenly think of these files as a catch-all for an individual’s paperwork. Rather, understand that general personnel files serve a distinct purpose. What to include in an employee’s personnel file.
BMT Office Administration
JULY 3, 2023
While dealing with lots of paperwork doesn’t rank as most HR professionals’ favorite task, proper recordkeeping for employee personnel files is a must for any organization. In addition, if an employee is involuntarily let go, their employee file must be kept for one year following the termination date. Why is that?
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BMT Office Administration
MARCH 3, 2023
And now is the time to think about them, since the tax-filing deadlines for calendar-year corporate returns are fast approaching—March 15 for S corps and April 18 for C corps. Snag: There are at least 24 different definitions of a small business in the tax code (we counted!), For tax years beginning after Dec.
Allwork
JANUARY 10, 2023
It also includes many rank-and-file staff, with publications featuring the stories of employees who quit rather than returning to the office for 3-5 days per week. A June 2022 survey by the Society for Human Resources reports that 48% of survey respondents will “definitely” look for a full-time work from home job in their next search.
BMT Office Administration
AUGUST 8, 2022
Keep copies of your filed tax returns permanently. Each employer shall preserve for at least three years payroll records, collective bargaining agreements, sales and purchase records. Be certain employees know not only your organization’s precise definition of a business record but also the various forms such records may take.
BMT Office Administration
MAY 31, 2022
Many serve as supporting evidence when the company files taxes or gives reports to other federal agencies. Electronic files allow approved people to get what they need regardless of where they are at. Payroll information. Companies must take measures to prevent outsiders from gaining access to electronic files.
BMT Office Administration
APRIL 12, 2023
Otherwise, your organization could wind up in hot water if you’re subjected to an audit, which is something you definitely don’t want to deal with. Which Files Do You Need for Your Employees? In general, there are three types of employee files you should keep: Personnel files. Payroll files. Medical files.
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