Remove Expenses Remove Medical Remove Payroll Remove Policies
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4 important payroll issues to keep an eye on in 2023

BMT Office Administration

Nevertheless, 2023 is looking like another challenging year for Payroll as we get a few insights into what to expect. You don’t have to perform the equivalent of hunting around the sofa cushions for spare change if you furnish per diem allowances—flat daily allowances covering hotel, meal, and incidental expenses—to employees who travel.

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

BMT Office Administration

They create a document retention policy that clarifies what needs to be saved, where, and for how long. Sticking to a set record retention policy eliminates guesswork and promotes efficiency. Businesses and nonprofits of all sizes should possess a written-out document retention policy. Such action raises concern about cover-ups.

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

BMT Office Administration

For instance, if your employment records contain all the disciplinary actions and policy violations committed by the offending employee, you’ll have a better chance of defending your decision to terminate an employee in court. Confidential documents include medical files, tax documents, employee benefits , payroll records, and more.

Filing 52
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Stay organized and secure with electronic records management

BMT Office Administration

The need for company policies. Effective management of electronic records requires an organization to develop specific policies. These policies act as an instruction manual for those involved in managing electronic records. A good company records policy must define what your organization considers a business record.

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Evaluating Benefits 101 – Comparing Premium Costs is Just Not Enough

Small Business CEO

Similarly, more highly qualified employees are most likely more familiar with the rules and regulations that affect their job, and are therefore more likely to follow company policy. Even the simple expedient of offering separate medical, dental, and vision plans can make a difference to certain categories of applicants. The Result.

Salary 40