2022 Payroll Policies 
Allwork
OCTOBER 4, 2024
In addition to the better-than expected increase in nonfarm payrolls reported by the Labor Department on Friday, wages rose at a solid pace last month. Nonfarm payrolls increased by 254,000 jobs last month, the most since March, the Labor Department’s Bureau of Labor Statistics said. presidential election. Wages increased 4.0%
Allwork
JANUARY 10, 2023
For example, an August 2022 Gallup survey of remote-capable workers showed that 34% of respondents want to work full-time remotely, 60% want to work a flexible hybrid schedule, and only 6% want to work in a traditional office-centric setting. . A September 2022 survey by Gallup found that such quiet quitters make up about half of the U.S.
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Allwork
JUNE 6, 2022
Real estate costs can be reduced by downsizing the amount of space needed and allowing for flexible desk booking policies. 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. Working policies. The answer is not so clear-cut.
Success
MARCH 16, 2022
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. No longer can they maintain an open-door policy for all employees—there just isn’t time. Photo by @Irrmago /Twenty20.
BMT Office Administration
MAY 9, 2024
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
BMT Office Administration
JANUARY 11, 2023
Nevertheless, 2023 is looking like another challenging year for Payroll as we get a few insights into what to expect. The IRS punted on its final regulations , dropping the mandatory e-filing threshold for information returns for 2021 and 2022 W-2s, 1099s, and 1095s. Here are five items we see coming this year. Final e-filing regs.
Allwork
NOVEMBER 14, 2024
Nonfarm payrolls increased by a mere 12,000 jobs in October, the fewest in nearly four years. The Fed initiated its policy easing cycle with an unusually large half-percentage-point rate cut in September, the first reduction in borrowing costs since 2020. It hiked rates by 525 basis points in 2022 and 2023 to tame inflation.
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