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

BMT Office Administration

Knowing what to keep and the location of each document is vital to easy retrieval and to maintaining compliance with government and industry regulations. Setting up employee personnel files is an important part of the recordkeeping process. Rather, understand that general personnel files serve a distinct purpose. Cover letter.

Filing 121
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U.S. Layoffs Fell In September But Remain Higher Year To Date

Allwork

That increase, however, has not so far been paralleled by other data measuring job losses, such as the Labor Department’s weekly report on filings for unemployment benefits. 21, for instance, filings for new claims slid to a four-month low and the level of overall benefits rolls has shown little change in recent months.

2023 147
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The Four Horsemen of the Mandated Return to Office

Allwork

It also includes many rank-and-file staff, with publications featuring the stories of employees who quit rather than returning to the office for 3-5 days per week. Even finance, the industry leading the charge for returning to the office, suffered significant churn. Those who worked on a hybrid schedule had 35% better retention. .

2022 342
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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. You can also fax e-filing waiver requests to 877-477-0575.

Payroll 52
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IRS update: digital communication and payroll

BMT Office Administration

Mamo reviewed some initiatives, including IRIS , the IRS’ new simplified platform for filing 1099s. Information return filers filed about 300,000 to 400,000 1099s through IRIS this past winter. In July the IRS will roll out a bulk filing feature for IRIS. modernized e-file), and the data is extracted and dropped into a schema.

Payroll 52
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Making Taxes Less Taxing

Success

As a result, taxes can feel like an overwhelming task to tackle, whether it’s your first time filing as a freelancer or your fifth. But even with these benefits, tax filing can still be daunting. When you’re a freelancer, you’ll need to file quarterly estimated taxes, as well as an annual return.

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Early direct deposit may be an alternative to on-demand pay

BMT Office Administration

Regardless of the sales pitch, on-demand pay is a boondoggle for Payroll. Every vendor will tell you why their on-demand pay program is worry-free for Payroll—it’s OK because employers are cut out of the process, or it’s OK because employers are part of the process. You don’t have to vary your pay schedule.

Payroll 52