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Acknowledgment of receipt of the employee handbook (When the company revises its handbook, provide a new version to all employees and have them sign a new confirmation of receipt and understanding.). Payroll records for money or pay-related information such as: Timesheets. Payroll deduction forms. Educational transcript.
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?
These tools typically include onboarding, payroll , benefits, timekeeping, and performance management functionality. eFileCabinet is a document management software that is popular with HR, finance, IT, and legal teams due to its security features. More expensive than basic file storage options. Human Capital Management (HCM) Software.
That’s not even mentioning all the paperwork involved in the onboarding process, such as employee handbooks , contact information, and direct deposit/banking information — just to name a few. Also, you’re legally obligated to retain these records for at least one year by the EEOC.
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