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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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Way Beyond The 9-to-5: Could A 70-Hour Workweek Ever Be A Good Thing?

Allwork

His proposal has been met with resistance from labor organizations and health professionals, while some business leaders have shown support, viewing longer working hours as a potential boost to economic progress. Central to this controversy is the balance between traditional views of diligence and the modern emphasis on life quality.

Payroll 287
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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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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. Rethinking medical travel benefits for reproductive health care and family planning. Jackson Women’s Health Organization decision, which reversed Roe v. We wish we had a crystal ball, but we don’t.

Payroll 52
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Employee personnel files — what should and shouldn’t be included

BMT Office Administration

Included material spans from initial application through leaving the organization. Health insurance forms. Also, many employers who provide group health plans are subject to privacy obligations under the federal Health Insurance Portability and Accountability Act (HIPAA). Payroll deduction forms. Doctor’s notes.

Filing 121
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Benefits of outsourcing HR for small businesses

BMT Office Administration

Most small businesses focus on their product/service team and sales staff in the early years, but someone still needs to run payroll and handle onboarding for new hires. This includes things like payroll administration, employee benefits , HR compliance, and talent acquisition. How does HR Outsourcing work for small businesses?

Payroll 52
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Safely Grow Your Business By Utilizing Outsourcing Smartly

Small Business CEO

Between growing the customer base, keeping up with rapidly changing health policies, and the increased demand on offering remote work options, every organization has a lot on its plate these days. … The post Safely Grow Your Business By Utilizing Outsourcing Smartly appeared first on SMALL BUSINESS CEO.

Payroll 105