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HBR on Why Companies Need Digital Nomad Programs and Policies

Small Business Labs

The Harvard Business Review's Your Company Needs a Digital Nomad Policy covers the reasons why companies should have formal digital nomad programs and policies.   The second reason is that having digital nomads on the payroll can leave firms open to a variety of regulatory and legal risks.

Policies 149
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Upcoming regulatory initiatives and their impact on payroll

BMT Office Administration

the American Payroll Association’s director of government relations. Speaking at the American Payroll Association’s 40th Annual Congress this week in Las Vegas, Jacobson, Robert Wagner, Esq., and Mike Linehan caught attendees up on today’s hot payroll -related regulatory issues. This keeps Payroll in the loop.

Payroll 52
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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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Stay on track with this payroll compliance checklist

BMT Office Administration

Payroll compliance is no small task. Everyone knows that executing payroll accurately and on time is important, after all everyone wants to get paid for their world. However, there is also a lot more that goes into proper payroll processing including a large number of compliance functions and concerns.

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

BMT Office Administration

Accident reports. Payroll records for money or pay-related information such as: Timesheets. Payroll deduction forms. That is fine as long as the process is organized, systematic, and — above all — legal. You must keep a completed Form I-9 on file for each employee on your payroll. Medical leave of absence requests.

Filing 121
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Employee Files: What to include, what to leave out, and what’s confidential

BMT Office Administration

For instance, if your employment records contain all the disciplinary actions and policy violations committed by the offending employee, you’ll have a better chance of defending your decision to terminate an employee in court. Also, you’re legally obligated to retain these records for at least one year by the EEOC.

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

BMT Office Administration

These tools typically include onboarding, payroll , benefits, timekeeping, and performance management functionality. eFileCabinet is a document management software that is popular with HR, finance, IT, and legal teams due to its security features. More expensive than basic file storage options. Human Capital Management (HCM) Software.

Filing 98