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Hiring Internationally Doesn’t Have To Make Payroll Complicated

Allwork

It’s essential for an organization/business to have a more-than adequate payroll system. Having a good payroll service can make or break a company. These applications automate the payroll process to reduce administrative burden and ensure that workers are paid correctly and on time. This helps support our journalism.

Payroll 246
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Why Business Podcasts Are The Ultimate Learning Tool For Entrepreneurs

Allwork

Podcasts allow professionals to easily stay up to date on the latest business trends and strategies during commutes or workouts, enabling continuous personal and professional development and innovation in a flexible and engaging format. If you’re like most entrepreneurs, time is one of your most precious commodities.

Learning 290
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Introducing FedNow: The Fed’s new direct deposit service

BMT Office Administration

You send the payroll file to your bank a few days before payday and your bank sends files through the ACH network to employees’ banks. Whether they can access their pay before payday is up to their banks. FedNow, on the other hand, purports to be practically instantaneous, allowing you to settle your payroll within seconds.

Payroll 52
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How Hiring Virtual Assistants Can Boost Employee Performance and Work-Life Balance

Success

Business leaders have a new solution to alleviating employee burnout and helping them create more balance —hiring virtual assistants (VAs) to free up employees’ time and creative energy. Gordon also recommends platforms like Fiverr or connecting with people she’s met while networking to find VAs that fit your needs.

2023 264
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Employers may be responsible for employee damages from cyber security hacks

BMT Office Administration

Mail scams may be making a comeback, but the quickest, easiest, and most efficient way for a scammer or phisher to steal employees’ identities is to hack into your computer network. Pay up: Maine wage-payment laws Employee self-service portals are a great innovation for Payroll and HR. The case is Dorsey v.

Payroll 98
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3 Smart Money Moves to Make Before Starting a Business

Success

Financial considerations for setting up your business—such as cash flow management and forecasting—should always be your baseline before going any further. Investors generally seek ownership, so though you might save on interest versus a loan from a bank, you might also have to give up some profits and control. So, where to start?

Finance 345
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5 SOP examples for your business

BMT Office Administration

More complex processes can even be broken up into multiple SOPs to detail different tasks within a larger process. The goal is to make your documentation thorough enough that any employee that follows it will end up completing the task in the same manner with a consistent end result. Example 5 – Payroll processing.

Payroll 72