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U.S. Added 263,000 New Jobs In November As Wages Continue To Rise

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Labor Department’s latest jobs report shows that the country added 263,000 nonfarm payrolls in November, exceeding economist expectations. . To have 263,000 jobs added even after policy rates have been raised by some [375] basis points is no joke,” said Seema Shah, chief global strategist at Principal Asset Management.

Payroll 237
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Upcoming regulatory initiatives and their impact on payroll

BMT Office Administration

the American Payroll Association’s director of government relations. Speaking at the American Payroll Association’s 40th Annual Congress this week in Las Vegas, Jacobson, Robert Wagner, Esq., and Mike Linehan caught attendees up on today’s hot payroll -related regulatory issues. This keeps Payroll in the loop.

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Stay on track with this payroll compliance checklist

BMT Office Administration

Payroll compliance is no small task. Everyone knows that executing payroll accurately and on time is important, after all everyone wants to get paid for their world. However, there is also a lot more that goes into proper payroll processing including a large number of compliance functions and concerns.

Payroll 52
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It’s time to review (or create) your document retention policy

BMT Office Administration

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.

Policies 105
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What Is The Impact Of Hybrid Working On Space Optimization?

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This shift has many benefits, but it also leaves facility managers, CFOs, and business owners wondering what will happen with their office real estate. Real estate costs can be reduced by downsizing the amount of space needed and allowing for flexible desk booking policies. Working policies. So how do you set up these policies?

Policies 299
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Constructive receipt and on-demand pay, a murky payroll intersection

BMT Office Administration

Included for the second time in the administration’s budget are new payroll tax rules governing on-demand pay. Employees would still need to inquire about their bank’s policy regarding small accounts. The post Constructive receipt and on-demand pay, a murky payroll intersection appeared first on Business Management Daily.

Payroll 52
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4 important payroll issues to keep an eye on in 2023

BMT Office Administration

Nevertheless, 2023 is looking like another challenging year for Payroll as we get a few insights into what to expect. The post 4 important payroll issues to keep an eye on in 2023 appeared first on Business Management Daily. We wish we had a crystal ball, but we don’t. Here are five items we see coming this year.

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