Remove Cost Remove Expenses Remove Medical Remove Payroll
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Counting the costs: What government funding for scientific research will cover?

The Small Business Blog

What Costs Can You Claim Through R&D Tax Credits? And if you’re working in scientific, technological, medical or engineering research, the government can end up giving you quite a lot of money, through a scheme called research and development tax credits. The key is that the costs must relate to the research specifically.

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

BMT Office Administration

Besides that, your confidential medical records will let you know if any team members have disabilities that you need to consider when planning and assigning tasks. These types of violations can cost your organization $75,000+ , so keeping confidential information separate is a must.

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

BMT Office Administration

It can also help to look at whether the worker is reimbursed for expenses incurred while completing the work. Some expenses may be included on independent contractor invoices, but the basic tools or programs required to complete the work are often provided by the contractor. Medical and health care payments. Prizes and awards.

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Should City Governments and other Businesses look to Virtual Services to Save Money?

Tips From T. Marie

But, he said, the city could use the payroll savings. Even the medical field , infamous for paperwork, is transitioning to electronic files. Converting an in-office worker to a telecommuting employee saves money by reducing overhead costs. You’ll also save money on lost time due to sick children or bad weather.

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Evaluating Benefits 101 – Comparing Premium Costs is Just Not Enough

Small Business CEO

These cost-cutting efforts will affect every department in a company, especially HR, as most companies spend the largest part of their revenue on salaries and wages. These hidden costs involve the recruiting, hiring and training of employees and can have a significant effect on the financial health and bottom line of a company.

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