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Unemployment Rate Increases Despite Job Growth

Allwork

The report indicates that nonfarm payroll employment increased by 339,000 jobs, surpassing the highest estimates projected by some experts, according to ZeroHedge. This unexpected boost in job creation suggests a stronger economy. The unemployment situation will continue to influence economic policies and business strategies.

Payroll 262
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U.S. Unemployment Hits Lowest Level Since 1969

Allwork

What’s going on: In April 2023, the United States experienced better-than-expected job growth, with 253,000 nonfarm payrolls added to the economy, according to CNBC. This number exceeded the predictions made by Wall Street, which had estimated that only 180,000 jobs would be created.

Payroll 246
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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 personnel files — what should and shouldn’t be included

BMT Office Administration

Knowing what to keep and the location of each document is vital to easy retrieval and to maintaining compliance with government and industry regulations. Health insurance forms. Learn about these requirements at the Department of Health and Human Services’ HIPAA website. Payroll deduction forms. Reasonable accommodations.

Filing 121
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The Four Horsemen of the Mandated Return to Office

Allwork

Even finance, the industry leading the charge for returning to the office, suffered significant churn. European banks, which offer more flexible hybrid work policies, are using these to hire talented staff from the less flexible US banks. Before launching an office return, we consider compensation policies. .

2022 342
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Leveraging Procedures for Effective Training and Onboarding

All Things Admin

Share information on competitors and collaborators that overlap with our market and industry. This manual should cover general company policies, team dynamics, and the specific responsibilities and procedures related to the individual’s role. Leave Policies: Information on types of leave available (e.g.,

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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