BMT Office Administration
NOVEMBER 21, 2022
These documents tend to be ones containing sensitive or confidential information. For instance, employers cannot include medical information in an employee’s general personnel file due to the Americans with Disabilities Act (ADA). Beneficiary information. Confidential files for records with information such as: Date of birth.
Success
JUNE 23, 2021
Although it’s tempting to get scrappy and assume you’ll learn and create a financial plan for your new business on the fly, it’s better to think ahead so you can avoid costly mistakes that you can’t afford. Tools such as Mint and YNAB (You Need a Budget) can be great resources for budgeting and tracking this key financial information.
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BMT Office Administration
JULY 3, 2023
To clear things up, we’ve put together this extensive guide breaking down what you should and shouldn’t include in your employee files — so read on to learn more. These types of violations can cost your organization $75,000+ , so keeping confidential information separate is a must. Why do you need to keep personnel files?
All Things Admin
FEBRUARY 27, 2024
If you don’t have procedures in place, one approach to onboarding involves having the new hire document the procedures as they learn. This method serves a dual purpose: it ensures that your procedures are up-to-date and allows the new employee to reinforce their learning through the act of documentation.
Success
MARCH 16, 2022
One answer is that as the company payroll increases, they cannot have a personal relationship with every employee and they lose sight of what’s happening below them. But social awareness requires that leadership develop channels to keep the flow of information moving in both directions and take note of all methods of communication.
BMT Office Administration
NOVEMBER 16, 2022
Both forms provide end-of-year compensation information that employees and contractors need for tax purposes. If you’re not quite sure about the differences between a 1099 and a W-2, keep reading to learn which form to send and how to fill out and file them. What information needs to be included on form 1099 NEC? Payer’s TIN.
BMT Office Administration
JUNE 22, 2023
Direct deposit works through the Automated Clearing House (ACH) network—you instruct your bank to prepare a payroll file and it disburses employees’ pay electronically to their banks. We’ve all learned about the importance of FDIC protection for bank accounts after several mid-sized banks collapsed last spring. What’s wrong with this?
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