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How to set up a payroll process: 10 steps

Insperity

Not only do you have to figure out the proper way to pay your people, you have to withhold the appropriate taxes, deposit them and report them to the government. Also, there are some states and local governments that require separate ID numbers in order to process taxes. Verify employee classification. Independent contractor.

Payroll 262
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HR technology trends for 2017: Curing government compliance concerns

Insperity

Automation simplifies this process and allows managers to run reports to support planning and manage costs. For example, a report could provide information on whether it’s more affordable for your business to pay for higher benefits required by law, or pay the penalties for offering a lower level of benefits.

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Chance to retrofit offices is going begging, report claims

Workplace Insight

UKGBC’s report shows that deep retrofit is generally required to achieve deep cuts in operational energy use (60-65%), transition building systems away from fossil fuels, and meet best practice 2030-2035 energy performance targets for offices.

Reporting 111
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What are fringe benefits? What employers need to know

Insperity

Though you don’t withhold taxes for these parties, you may need to report the benefit to the government using one of the following forms: IRS Form 1099-NEC for independent contractors IRS Schedule K-1 (Form 1065), Partner’s Share of Income, Deductions, Credits, etc. Independent contractors you hire for a specific job can be recipients.

Banking 255
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Corporate philanthropy: How to start an employee matching gift program

Insperity

They could put your business at risk if they don’t follow certain government guidelines. In general, they can also provide program design, reporting, customer support and other related services. A third party vendor can help you set up your matching gift program so that it complies with applicable laws and regulations.

Supplies 212
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Around a quarter of jobs will shift over the next five years, WEF report claims

Workplace Insight

Almost a quarter of jobs are expected to switch in the next five years according to a new report from the World Economic Forum. The Future of Jobs Report 2023 suggests that tasks are seen as no more automated now than they were three years ago when the report was last published.

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Mental health at work: The laws and best practices

Insperity

While the topic is a complicated one that may require the advice of a legal or HR consultant, here are the quick facts: One or two days away, from time to time, and requested in advance, may be a good use for unused flex time, sick leave or even banked vacations days (and handled in the same manner as common illnesses or injury).

Legal 233