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Should Your Company Be Labor Hoarding? HR Leaders Share Why They Believe The Answer Is Yes

Allwork

The basic reason for the term and trend is because employers decide to ride out the uncertainty with higher payrolls in order to avoid the long-term costs of hiring and training new people when the economy rebounds,” Fountain told Allwork.Space. .

Payroll 279
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Business finance: The ultimate guide for non-finance people

BMT Office Administration

Or were you recently promoted to a financial role in your organization? While this may seem complicated at first glance, it becomes easier to grasp when you understand a few key concepts about financial management. For instance, the fiscal year is often the period used to measure revenue, profit, expenses, debts, and more.

Finance 105
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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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Employee Files: What to include, what to leave out, and what’s confidential

BMT Office Administration

If so, then you’ll definitely want to have the proper documents on-hand to defend your managers. Confidential documents include medical files, tax documents, employee benefits , payroll records, and more. The FLSA has a few other regulations related to payroll documents besides retaining them for three years.

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

BMT Office Administration

Sticking to a set record retention policy eliminates guesswork and promotes efficiency. When you can show a thoughtful, standardized records management procedure to a relevant third party such as a lawyer or auditor, it backs up your decisions. Input from senior management, human resources, and the record-keeping department is a must.

Policies 105
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What electronic record-keeping software best fits your needs?

BMT Office Administration

If your desk is still cluttered with paper files or documents, it’s probably time to consider switching to electronic records management (ERM). Using an electronic records management system allows remote employees to access any documents or files that they need from home. Access from remote work locations. EDMS and ECM.

Filing 98
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Small Business Bootstrapping Techniques | THE SMALL BUSINESS BLOG

The Small Business Blog

WinWeb – Your Office Online Simply the best way to manage your small business! Especially if your aim is to build a personal business, like contractors, freelancer, self-employed, sole-trader and virtual assistants , working from home , creating an income and keeping it small and manageable, then bootstrapping is definitely for you.

2007 100