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

BMT Office Administration

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?

Filing 52
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The Stimulus Programs Gig Workers and Freelancers Qualify For

Small Business Labs

Individuals earning less than $75,000 (based on their most recent annual tax filing) can expect a one-time cash payment of $1,200.   The loan can be used to pay for most business expenses.    An excellent resource on the CARES Act for independent workers is MBO Partners guide to the CARES ACT.

Payroll 152
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1099 vs W-2: The difference between employees and contractors

BMT Office Administration

While individuals have until April 18, 2023, to file their personal income taxes, businesses have to start thinking about tax requirements a bit sooner. If you’re not quite sure about the differences between a 1099 and a W-2, keep reading to learn which form to send and how to fill out and file them. What is a W-2?

Payroll 52
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Make Procedures Development a Habit, Not a Project

All Things Admin

Or you may have set days of the week where you do certain reports or perform routine tasks like expense reporting or payroll. We Have Even More Procedures Development Resources For You Here! For example, you may allocate specific time periods throughout the day to check email or send out meeting agendas and reminders.

2024 52
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It’s time to review (or create) your document retention policy

BMT Office Administration

Creating an effective documentation retention policy involves reviewing company and human resources requirements, state law, federal law, industry and governmental regulatory requirements, and insurance policies. Input from senior management, human resources, and the record-keeping department is a must.

Policies 105
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How Your Non-Profit Can Benefit From a Virtual Executive Assistant

Worxbee

EAs can be a great resource for onboarding of new board members, providing them with all the information they need to work effectively. Human resources duties Many non-profits don’t have the staffing to include a dedicated HR role, so EAs often step into the breach, particularly when it comes to recruitment and onboarding of new staff.

Budget 52
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Stay organized and secure with electronic records management

BMT Office Administration

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. Gather input from senior management, human resources, IT, records management, and legal/compliance.