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How to set up a payroll process: 10 steps

Insperity

In addition to obtaining deduction information and classification, to add employees to a payroll provider’s system, you’ll likely need: Your employees’ names, addresses and social security numbers Employees’ bank account information (for direct deposit) Your payroll register (if acquiring an existing business with payroll history).

Payroll 262
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You need a data protection policy – Here’s the basics

Insperity

From communicating the importance of information security to new employees to dealing with the potential information security issues every company faces, you play a vital role in keeping company information safe. Personally identifiable information no longer only includes data like social security and driver’s license numbers.

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4 Smart Money Moves to Plan for Financial Security

Success

A survey by Insider and Morning Consult from 2019 showed that millennials were more likely to put off buying houses, making career moves, undergoing medical procedures and even getting hitched—all because of cash-related reasons. You should consult your own tax, legal, and accounting advisors. Photo by Eugenio Marongiu/Shutterstock.

Planning 131
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You Will Survive: 8 Strategies to Overcome New Entrepreneur Anxiety

Success

Day 1 of being your own boss is pure bliss, but as the months pass you’ll likely watch your bank balance dwindle and notice your zest fizzle to a cool reluctance. You’ll tumble down Maslow’s hierarchy of needs , hitting every rung on the way down, waking dazed on the security tier floor. Secure a “consulting” gig.

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How to retain employees and thrive during the Great Resignation

Insperity

Employees (and the leaders who hold organizations together) are leaving their jobs in droves, at their own initiative, and a sizeable portion of them don’t seem concerned about the security of having another job lined up. A lot of training and development opportunities don’t have to break the bank, either.

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3 Steps to Take Before Going Into Business for Yourself

Success

When you work for a company, you and your employer split Social Security and Medicare taxes. Ideally, you should have at least two years’ worth of non-discretionary expenses in the bank. These apps connect to your bank account and credit card, making it easier to track your expenses. Create a plan. All investing involves risk.

Insurance 128
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The 10 Best Freelance Gigs—And What You Need to Get Started in Each

Success

In a world where people are experiencing increasing levels of workplace burnout —which is fueling a widespread desire to find more work-life balance—freelance careers, sometimes called gig work or consulting, are attracting more and more American workers. workforce and adding $1.27 trillion to the country’s economy.