BMT Office Administration
NOVEMBER 21, 2022
Setting up employee personnel files is an important part of the recordkeeping process. However, sometimes people mistakenly think of these files as a catch-all for an individual’s paperwork. Rather, understand that general personnel files serve a distinct purpose. What to include in an employee’s personnel file.
BMT Office Administration
JULY 3, 2023
While dealing with lots of paperwork doesn’t rank as most HR professionals’ favorite task, proper recordkeeping for employee personnel files is a must for any organization. In addition, if an employee is involuntarily let go, their employee file must be kept for one year following the termination date. Why is that?
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Success
AUGUST 28, 2022
They let you cover medical expenses like copays and deductibles while providing a tax break and helping you save for the future. Not everyone has access to these plans, but if you do, they can be invaluable for preparing for future medical expenses. However, you can still use the money on qualified medical expenses.
BMT Office Administration
AUGUST 8, 2022
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.
Success
MAY 15, 2023
Keep reading to learn about the different types of life insurance policies, how to determine if you need to buy it, and how much your policy should be worth. You can choose the amount of money your life insurance policy is for and how long you want the policy to be in effect, either for a few years or decades or as a permanent policy.
Success
MARCH 6, 2023
The executor you name will handle your bequests and filing pertinent information with the court. Having a living will, medical power of attorney and a last will and testament is a good start for most people. Life insurance Do you have a life insurance policy? With a will or estate documents, probate is much easier.
Success
JUNE 26, 2023
But it’s a good idea to review your policy to ensure you have the best car insurance and check for a better price every six to 12 months, depending on when your policy renews. Understanding the coverage types and dollar limits on your current policy can help you ask informed questions and compare insurance companies one-to-one.
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