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Strategies For Success In Senior HR Roles In The Future Of Work

Allwork

Now these positions are everywhere, and companies are focused on scaling quickly and effectively, which can create chaotic and challenging environments. This has created an environment where CHROs must be highly consistent, and at the same time flexible, to steer their companies toward a future where culture and execution coalesce.

Payroll 293
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Employee personnel files — what should and shouldn’t be included

BMT Office Administration

While some variance may occur between companies, certain papers commonly belong in these files and some definitely do not. Think of an employee’s personnel file as a history of the individual’s employment relationship with the company. Agreements related to the use of a company car or business credit card. Doctor’s notes.

Filing 121
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Benefits of outsourcing HR for small businesses

BMT Office Administration

Most small businesses focus on their product/service team and sales staff in the early years, but someone still needs to run payroll and handle onboarding for new hires. HR outsourcing takes complex or time-consuming tasks off of small business owners’ plates so that they can focus on leading and growing their companies.

Payroll 52
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Making Taxes Less Taxing

Success

The biggest benefit of doing taxes is keeping tabs on your business’s financial health. Each company offers free support, but this support varies by hours and by type (phone, video, chat or email). For example, the Wave Advisors program provides bookkeeping support and one-on-one accounting and payroll coaching.

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Employee Files: What to include, what to leave out, and what’s confidential

BMT Office Administration

Besides complying with federal and state laws, keeping employee records helps you stay organized, aids decision-making, and protects your company if a terminated employee files a lawsuit. Also, you’re legally obligated to retain these records for at least one year by the EEOC.

Filing 52
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It’s time to review (or create) your document retention policy

BMT Office Administration

Worried that your company might not have a particular document on hand if the IRS conducted an audit? Creating an effective documentation retention policy involves reviewing company and human resources requirements, state law, federal law, industry and governmental regulatory requirements, and insurance policies.

Policies 105
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1099 vs W-2: The difference between employees and contractors

BMT Office Administration

Does the company control or have the right to control what the worker does and how the worker does his or her job? 1099 workers also are not generally paid through regular payroll and do not typically have taxes withheld from their checks or deposits. You’ll need to list the employee’s full legal name and address.

Payroll 52