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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. Notably, ADP found that cross metro workers who kept their jobs but moved to a cheaper city in 2022 and 2023 experienced a 2.8%

Payroll 264
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What Is The Impact Of Hybrid Working On Space Optimization?

Allwork

From Colliers’ 2022 Innovation Summit , we gather that 60% of companies will only need 50% to 70% of their existing office space in the coming three years. After all, commercial real estate is, on average, the second-highest expense for most businesses, only surpassed by payroll. Does this bring with it an opportunity to save costs?

Equipment 299
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From the Archives: The Ultimate Cost of Penny-Pinching

Success

I know a rich man who has become such a slave to the habit of economizing, formed when he was trying to get a start in the world, that he has not been able to break away from it. Trying to cut the payroll down to the lowest possible dollar has ruined many a concern. Good Quality Is the First Requisite.

Clothes 246
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How to Maintain Your Company Culture Past the Startup Stage

Success

One answer is that as the company payroll increases, they cannot have a personal relationship with every employee and they lose sight of what’s happening below them. This can come in many forms from department lunches with the CEO or management, town hall-style meetings or regular surveys of employees. (An That requires communication.

Payroll 306
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Celebrating New Talent: Emerging Entrepreneurs Shines a Light on Up-and-Coming Entrepreneurs

Success

He told SUCCESS that, “in 20 years, he expects there will be dozens of what he calls ‘world-class, game-changing companies’ that were formed in the aftermath of 2020.” That feeling of how are you going to make payroll? 31, 2022, after this issue went to press. Is there something you see that others can’t?

UPS 246
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IRS releases new FAQs on Form W-2c

BMT Office Administration

The IRS has released a new round of FAQs in two fact sheets, both of which clarify the circumstances under which you must provide employees with Forms W-2c if you took the payroll credits for providing them with pandemic-related paid sick or family leave during 2020 and/or 2021. Fact sheet 2022-15. We don’t have the answer.

Forms 52
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IRS fact sheet causes confusion around Form 941

BMT Office Administration

We admit we were thrown for a loop after reading the IRS’ latest fact sheets on reporting pandemic-related paid leave to employees on Form W-2c. 1, 2021, you need to issue a Form W-2c to correct employees’ 2020 or 2021 W-2s, even though you’re paying these wages in 2022. What Form 941 says. Welcome to the club.

Forms 52