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5 SOP examples for your business

BMT Office Administration

In order to produce more consistent results and streamline your internal operations, it can be beneficial to create standard operating procedures for everyone to follow. Coordinate with department manager to schedule department-specific onboarding meetings and review additional training needs. Expense policy. Related documents.

Payroll 72
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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. The post It’s time to review (or create) your document retention policy appeared first on Business Management Daily.

Policies 105
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1099 vs W-2: The difference between employees and contractors

BMT Office Administration

It can also help to look at whether the worker is reimbursed for expenses incurred while completing the work. Some expenses may be included on independent contractor invoices, but the basic tools or programs required to complete the work are often provided by the contractor. Booth copies must be sent out by January 31.

Payroll 52
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Employee Files: What to include, what to leave out, and what’s confidential

BMT Office Administration

Essential documents like performance evaluations and performance reviews will help you gauge employee productivity , and they’re both necessary to include in your personnel files. 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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Control Expenses – Automate Process Through Workflow Software

Small Business CEO

If the call is not complete, the “queue&# of open calls needs to be reviewed and worked. Internal processes. How many of you find that new employees don’t get equipment or security access on time, are missing their name plate or aren’t set up in payroll? Better documentation. Laura’s website is [link].

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Stay organized and secure with electronic records management

BMT Office Administration

Internally, anyone from a manager looking for details of past dealings with a specific client to lawyers building a defense for an improper termination lawsuit benefits from the ability to quickly and easily find what they need. Payroll information. The web page entitled “What kind of records should I keep?” Employee records.