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4 important payroll issues to keep an eye on in 2023

BMT Office Administration

Nevertheless, 2023 is looking like another challenging year for Payroll as we get a few insights into what to expect. General consensus: Proposed regs, if they ever are released, will raise the minimum salary employees must earn to remain exempt from overtime under the Fair Labor Standards Act. Axed business travel budgets.

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

Success

Masarweh says it’s a way to better allocate employees’ time, especially when they have special skills, so you aren’t paying high salaries for basic administrative tasks. He points to around a year ago when there were massive layoffs happening , “just completely wiping companies out,” he says. Many companies approached Assistantly for help.

2023 261
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The Four Horsemen of the Mandated Return to Office

Allwork

23, that all salaried employees would have to return to the office three days a week. Or consider a National Bureau of Economic Research paper about a study at Trip.com, one of the largest travel agencies in the world. GM announced in a message on Friday, Sept.

2022 342
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The Blended Role of Executive Personal Assistants

C-Suite Assistants

For couples who travel frequently between homes and businesses and have busy lifestyles, this could mean coordinating professional and private schedules across different time zones and in different regions around the world. How Much Does a Hybrid Executive Assistant Earn? What Type of Assistant Should I Hire?

Payroll 74
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Underwriting employees’ educational expenses tax-free

BMT Office Administration

You may underwrite all of the employees’ educational expenses tax-free, even if the education leads to a degree, if one of these conditions applies: The education is required by you or the law so employees can keep their present salary, status, or job. The education must serve a bona fide business purpose.

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5 tips for Being a Freelance Worker

On The Job

The biggest fixed cost an employer has is payroll," says Tim Ozier , director of contract staffing at MRINetwork in Philadelphia. When employers hire a temp for a full-time position, they often offer a higher salary than if making an outside hire. It's to their advantage to hire contract workers in many cases." Being vocal.

Temping 100