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Wages Rise and Job Growth Outpaces Expectations in Latest Labor Report

Allwork

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. from around 28.5%

Payroll 242
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Economists Anticipate Rate Cuts in September as Labor Market Cools

Allwork

The Wall Street Journal reports that following the Fed’s two-day meeting, Powell suggested that a rate reduction is increasingly probable, stating, “The broad sense of the committee is that the economy is moving closer to the point at which it will be appropriate to reduce our policy rate.”

Payroll 130
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The Stimulus Programs Gig Workers and Freelancers Qualify For

Small Business Labs

.  For more information and details, see the SBA's site and this document from the Senate Small Business Committee.    If all employees are kept on the payroll for eight weeks, SBA will forgive the portion of the loans used for payroll, rent, mortgage interest, or utilities. .    

Payroll 152
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It’s time to review (or create) your document retention policy

BMT Office Administration

They create a document retention policy that clarifies what needs to be saved, where, and for how long. Sticking to a set record retention policy eliminates guesswork and promotes efficiency. Businesses and nonprofits of all sizes should possess a written-out document retention policy. Such action raises concern about cover-ups.

Policies 105
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Business and IT - Adversaries or Partners?

Small Business CEO

Watch for some of these warning situations: • Everyone knows HR cuts payroll checks, and finance pays vendors. Form a prioritization committee comprised of IT management and business leaders. Find the “happy middle ground&# whenever possible on policies and procedures.

Payroll 40