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Surge in Remote Work Fuels Cross-Metro Employment Boom

Allwork

ADP payroll data shows that since the onset of the COVID-19 pandemic, the share of “cross-metro” remote workers employed at large firms in the U.S. figure from 2016 to 2019.” Many U.S. The distance between employees and their supervisors has grown steadily since 2020, literally. That compares to an 8.1%

Payroll 264
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Flexibility Beyond Arrangements – Why Companies Should Adopt Flexible Compensation Programs

Allwork

Consider this: the Federal Reserve has shown that 40% of working adults cannot afford an emergency expense costing $400, leaving many working paycheck to paycheck or tapping into savings. .

Payroll 246
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Ensuring payroll compliance in 2024: What’s new?

BMT Office Administration

Maintaining payroll compliance is a must for accounting departments, but it’s often easier said than done. That’s especially true whenever new changes come about, and 2023 was a year rife with new payroll regulations, trends, and initiatives. From the implementation of SECURE 2.0 From the implementation of SECURE 2.0

Payroll 52
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2014 MBO Partners State of Independence Report Released

Small Business Labs

million 15+ hour independent workers by 2019.  trillion in total revenue in 2014, spent more than $150 billon on non-payroll/contractor expenses , and are the primary income source for more than 10 million American households.  During this same 4 year time frame, the overall U.S. workforce grew just 1.1%.

2014 100
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Business finance: The ultimate guide for non-finance people

BMT Office Administration

In particular, traditional business financing options like bank loans have been declining since 2020 — where they fell 6% from 2019 (43% to 37%, respectively). The beginner’s business finance glossary “Our P&L report shows that our revenue is now greatly exceeding our expenses, and we’re showing a considerable profit.” “In

Finance 105
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219,000 Americans File For Unemployment As Hiring Slows

Allwork

Nonfarm payrolls likely increased by 170,000 jobs after surging by 256,000 in December, a Reuters survey of economists showed. The government will also publish its annual payrolls benchmark revision and introduce new population weights to the household survey, from which the unemployment rate is derived. It grew 2.3%

Filing 180