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In-Depth Guide to the Timesheet Approval Process

BMT Office Administration

It’s up to each department manager to review the timesheets their employees submit to ensure accuracy. If so, read on to learn how you can streamline your time approval to save time and money. Other reasons why timesheet approval is a necessity include: It ensures proper payroll processing. Recordkeeping for legal requirements.

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

BMT Office Administration

When thinking about what belongs in there, the Society for Human Resource Management suggests the following: “Consider whether the document would be relevant to a supervisor who may review this file when making employment decisions. Annual performance reviews and similar formal performance evaluations. Payroll deduction forms.

Filing 121
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3 Smart Money Moves to Make Before Starting a Business

Success

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. If you decide to seek outside capital, look at your options and review the pros and cons. It requires time, energy and resources.

Finance 345
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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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Employee Files: What to include, what to leave out, and what’s confidential

BMT Office Administration

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. Essential documents like performance evaluations and performance reviews will help you gauge employee productivity , and they’re both necessary to include in your personnel files.

Filing 52
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1099 vs W-2: The difference between employees and contractors

BMT Office Administration

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. 1099 workers also are not generally paid through regular payroll and do not typically have taxes withheld from their checks or deposits. What is a W-2? How to fill out a 1099 vs a W-2.

Payroll 52
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What electronic record-keeping software best fits your needs?

BMT Office Administration

You may need to pull employment records to defend yourself against a wrongful termination lawsuit , verify compliance during a government audit, or simply review an employee’s history when considering them for a promotion. These tools typically include onboarding, payroll , benefits, timekeeping, and performance management functionality.

Filing 98