Remove Forms Remove Management Remove Payroll Remove Promotion
article thumbnail

Employee personnel files — what should and shouldn’t be included

BMT Office Administration

As any human resources professional will attest, managing every employee’s employment life cycle involves a good deal of paperwork. Records relating to promotion, demotion, transfer, or layoff. Health insurance forms. Payroll records for money or pay-related information such as: Timesheets. Pay authorization forms.

Filing 121
article thumbnail

How to Maintain Your Company Culture Past the Startup Stage

Success

And perhaps instead of a couple people who started a company, there’s now a C-suite and another layer of management on the way. Smith, a professor in the department of organizational behavior and faculty director of executive education at the Case Weatherhead School of Management. 3 Relationship Management. 1 Self-Awareness.

Payroll 306
Insiders

Sign Up for our Newsletter

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

article thumbnail

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. 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. Federal laws like ADA and FLSA (Fair Labor Standards Act) pertain to your confidential files.

Filing 52
article thumbnail

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

BMT Office Administration

This category can also include awards, promotion records, and education/training records. These documents include payroll records, time cards, pay rate information, and anything else related to payment. These types of documents include exit interview forms, final performance reviews , termination letters , and benefits information.

Medical 52
article thumbnail

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
article thumbnail

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
article thumbnail

Business finance: The ultimate guide for non-finance people

BMT Office Administration

Or were you recently promoted to a financial role in your organization? In fact, ROBS is currently the most popular form of business financing in 2023. While this may seem complicated at first glance, it becomes easier to grasp when you understand a few key concepts about financial management.

Finance 105