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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.
As of November 1, a law in New York City now requires employers with four or more people on the payroll to provide a salary pay range in all job advertisements. . Internal or external sites, flyers, or classified advertisements — they all are now required to include a salary disclosure.
Between growing the customer base, keeping up with rapidly changing health policies, and the increased demand on offering remote work options, every organization has a lot on its plate these days. But to do so can be tricky if you don’t understand how, and when done incorrectly, it may lead to possible exposure for your organization.
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
In order to produce more consistent results and streamline your internal operations, it can be beneficial to create standard operating procedures for everyone to follow. Conduct the HR orientation to orient the new employee with the timekeeping and payroll software , necessary paperwork, and internal resources. Expense policy.
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. This includes things like payroll administration, employee benefits , HR compliance, and talent acquisition. How does HR Outsourcing work for small businesses?
According to the US Attorney’s Office for the District of Columbia, Christina Marie Chapman, 49, of Arizona, stands accused of playing a pivotal role in this international scam. To further disguise their identities, Chapman is accused of receiving and forging payroll checks, with the workers’ wages funneled into her bank account.
You need to use this time wisely to determine the impact final regulations may have on your payroll by auditing your employees and your pay policies. While routine self-audits will review your internal systems, from timesheets to general ledger to net pay, status audits are narrower. Here’s some help getting started.
For instance, if your employment records contain all the disciplinary actions and policy violations committed by the offending employee, you’ll have a better chance of defending your decision to terminate an employee in court. Confidential documents include medical files, tax documents, employee benefits , payroll records, and more.
Internally, anyone from a manager looking for details of past dealings with a specific client to lawyers building a defense for an improper termination lawsuit benefits from the ability to quickly and easily find what they need. The need for company policies. Payroll information. Employee records. Job evaluations.
Tools of the Trade Familiarize them with the essential programs and platforms used by the company (project management, file management, internal communications, virtual meeting platforms, etc.), General Company Policies Code of Conduct: Expectations for employee behavior and professionalism.
To begin with, an on-demand worker gives you the opportunity to have your staffing needs met without having to add someone to your payroll, or to meet a contractual hours requirement. HBR found that in some companies, internal structure has been designed to keep out contractors and others on the outside. On-demand workers are growing.
Others enter the data into payroll, into project tracking systems and then again into client billing systems. Design an internal web page that displays your key business performance indicators. Increase productivity so initial growth can be absorbed by existing employees. A lab order is faxed in. Assess your IT function.
Watch for some of these warning situations: • Everyone knows HR cuts payroll checks, and finance pays vendors. Find the “happy middle ground&# whenever possible on policies and procedures. A poor relationship with IT can be extremely detrimental to the efficiency, productivity and cost-effectiveness of your organization.
While fortunately a rare circumstance, dealing with payroll for a recently deceased employee can be tricky. Hopefully this isn’t an issue that comes up for your payroll department often, but it’s important to know what to do, and get it right, in the event that it does happen. What pay is taxable?
private payrolls increased at the slowest pace in seven months in February, blamed on policy uncertainty, likely related to tariffs on imported goods, and slowing consumer spending. ” Private payrolls increased by only 77,000 jobs last month, the smallest rise since July 2024, after an upwardly revised 186,000 gain in January.
In conjunction with the Partnership on Employment & Accessible Technology, the Department of Labor’s Office of Disability Employment Policy has a new publication and associated tools, AI & Inclusive Hiring Framework , both of which are geared toward hiring employees with disabilities. How the framework works AI isn’t neutral.
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