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HBR on Why Companies Need Digital Nomad Programs and Policies

Small Business Labs

The first is that digital nomads, who are well educated and digitally savvy, tend to work in professions where talent shortages are common and attracting and retaining employees is a constant challenge.  The second reason is that having digital nomads on the payroll can leave firms open to a variety of regulatory and legal risks.

Policies 149
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Underwriting employees’ educational expenses tax-free

BMT Office Administration

A debt-free education courtesy of your employer sounds nice, but it’s not so straightforward. Many employers offer debt-free education as the latest in a long line of probably taxable perks. Many employers offer debt-free education as the latest in a long line of probably taxable perks. Tax-free education under Treas.

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Employee personnel files — what should and shouldn’t be included

BMT Office Administration

Educational transcript. Payroll records for money or pay-related information such as: Timesheets. Payroll deduction forms. That is fine as long as the process is organized, systematic, and — above all — legal. You must keep a completed Form I-9 on file for each employee on your payroll. Cover letter.

Filing 121
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Employee Files: What to include, what to leave out, and what’s confidential

BMT Office Administration

Also, you’re legally obligated to retain these records for at least one year by the EEOC. Employee performance records While it’s essential to include performance records to monitor and analyze your employee’s productivity — there’s no legal obligation here. Here’s what you’ll need to include in your confidential employee files.

Filing 52
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It’s time to review (or create) your document retention policy

BMT Office Administration

Legal consult proves especially helpful in matters involving the organization’s litigation hold policy. Their advice places a legal hold on physical and electronic records that should not be deleted because of potential future use. When constructing your policy, examine legal and regulatory guidelines.

Policies 105
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Employee Records: End of year review & preparing for next year

BMT Office Administration

Not only that, but with the end of the year just around the corner, companies need to know which documents they need to keep and which they can discard without incurring any legal penalties. Employers keep many records and documents about their employees, not only for legal requirements but also because it’s just a good business practice.

Medical 52
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Webinar Employee Expense Reimbursements: Compliance Workshop

Office Dynamics

Get educated now on the new rules of employee expense reimbursements! The legal and financial risks of mishandling employee expense reimbursements have spiked in recent years. The result: an unhappy employee—and your company would be on the hook for the related payroll taxes and penalties. View this online. Join us Sept.

Expenses 100