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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. Legal consult proves especially helpful in matters involving the organization’s litigation hold policy. Per the U.S.

Policies 105
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How to Start a Nonprofit Organization In 5 Simple Steps

Success

Donors asked if they can deduct the cost of the donated items on their tax return, and a few people suggested you make your project legal by filing for nonprofit status. Form 1023 is the application needed to apply for section 501(c)(3) status. The cost to file Form 1023-EZ is $275. Is there a big enough need for your services?

Filing 159
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Employee Records: End of year review & preparing for next year

BMT Office Administration

Then there are performance reviews and each employee’s history of disciplinary action, both of which are essential documents that can help you avoid litigation following a termination. Employers keep many records and documents about their employees, not only for legal requirements but also because it’s just a good business practice.

Medical 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. Besides the EEOC, the IRS also has requirements for employee documents, including which forms you need to have for each employee, such as W-4s.

Filing 52
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Benefits of outsourcing HR for small businesses

BMT Office Administration

Small businesses can outsource all of their HR operations, or just specific HR tasks that they don’t have the bandwidth to manage internally. HR service providers will have well-crafted, legally tested policy recommendations that can be customized for your business. This is helpful as HR needs can vary greatly for small businesses.

Payroll 52
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Is the Flexible Working Bill a game changer or paper tiger?

Workplace Insight

The Employment Rights Act 1996 has continuously evolved – the Employment Relations (Flexible Work) Bill alters and extends this act in its current form. Remarkably, 72% of employers with international remote teams reported a boost in productivity. Firstly, this is not in fact a new law but an amendment to an existing act.

Salary 111
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Stay organized and secure with electronic records management

BMT Office Administration

Jan bit her lip and hoped that Laura had not accidentally tossed evidence the legal department might need in a harassment lawsuit. Such a management system utilizes information technology to organize and store records in electronic form. The second action opens up the company to potential legal and regulatory problems.