Remove Expenses Remove Organization Remove Payroll Remove Policies
article thumbnail

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
article thumbnail

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
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Is The Impact Of Hybrid Working On Space Optimization?

Allwork

Real estate costs can be reduced by downsizing the amount of space needed and allowing for flexible desk booking policies. After all, commercial real estate is, on average, the second-highest expense for most businesses, only surpassed by payroll. Working policies. Part of the answer lies in your working policies. .

Policies 299
article thumbnail

Stay organized and secure with electronic records management

BMT Office Administration

He put Laura in charge of going through a bunch of drawers with instructions to make folders to organize papers of current worth, box up other documents that somebody might need down the line, and toss insignificant and old material. Such a management system utilizes information technology to organize and store records in electronic form.

article thumbnail

HR Leaders Share How New Salary Transparency Laws Have Changed Everything

Allwork

As of November 1, a law in New York City now requires employers with four or more people on the payroll to provide a salary pay range in all job advertisements. . If other cities and states pass similar transparency laws, this could create compliance issues for organizations. . Allwork.Space: Will NYC rates become a benchmark? .

Salary 246
article thumbnail

5 SOP examples for your business

BMT Office Administration

The purpose of this standard operating procedure is to define the new employee onboarding process and the responsibilities of the HR staff and department leads in orienting new hires to the organization. The finance department is responsible for approving high-value office supply purchases and reconciling expense purchases.

Payroll 72
article thumbnail

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. However, besides simply staying organized and complying with federal laws, personnel files provide a whole host of other benefits, so let’s take a look at them.

Filing 52