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New overtime regulations are open for comment

BMT Office Administration

Proposed regulations raising the salary employees must earn to be exempt from overtime were published in last Friday’s Federal Register. You need to use this time wisely to determine the impact final regulations may have on your payroll by auditing your employees and your pay policies. You have until Nov. 7 to comment.

Payroll 52
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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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5 SOP examples for your business

BMT Office Administration

In order to produce more consistent results and streamline your internal operations, it can be beneficial to create standard operating procedures for everyone to follow. Coordinate with department manager to schedule department-specific onboarding meetings and review additional training needs. Example 5 – Payroll processing.

Payroll 72
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What does it take to be a successful HR Assistant?

Page Personnel

Negotiation skills : HR assistants will be regularly involved in various negotiations, including salary discussions and purchasing meetings. There are many different types of HR professionals, with most of them focusing on employee welfare, training, benefits and salaries. The HR job often involves working out how to manage people.

Payroll 52
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Do You Know Your Lifestyle Ratios?

Stephanie LH Calahan

  Revenue, net income, total expenses, and payroll costs are just a few of the items that you may be monitoring on your profit and loss statement.  You might have interest income, rental income, and investment income along with your business income or salary. For interest income, it is likely to be very little.

Lifestyle 100