BMT Office Administration

OCTOBER 31, 2023

HR service providers will have well-crafted, legally tested policy recommendations that can be customized for your business. This allows business owners to focus their time on the day-to-day employee relations and other operational needs like sales and finance. Businesses will be paying year-round salaries to maintain their HR staff.

Small Business 130

Small Business Payroll Onboarding Consulting 130

Success

OCTOBER 26, 2021

But you also need to be prepared for your finances to change dramatically. The good news is that you can make a salary even if your business isn’t profitable. The bad news is that if you don’t have a profitable business to start, you might feel guilty or reckless drawing anything except the smallest salary you can live on.

Finance 111

Finance Salary Legal Consulting 111

Insperity

MARCH 12, 2024

Affordable Care Act dictates whether your business is legally required to provide health insurance and what your health care plan must cover based on its size. To confirm your company’s legal obligations for these types of insurance, check the laws in your particular state. Benefits are, essentially, a “hidden paycheck.”

Insurance 147

Insurance Legal Planning Prioritization 147

Zevo Health

OCTOBER 14, 2024

According to a Gallup study , the cost of replacing an employee can range from half to double the employee’s annual salary. Failure to comply with such regulations can lead to serious legal consequences. Risk 5: Increased Operational Costs Neglecting wellbeing results in various hidden costs that can strain an organization’s finances.

Legal 52

Legal Decision Making Controlling Finance 52

Success

FEBRUARY 13, 2024

These goals provide motivation, direction and discipline when managing your finances. If you feel like you’re in over your head when setting up your long-term financial plans, or if you just want to make sure you’re handling your finances as responsibly as possible, you may want to look into working with a fiduciary.

Real Estate 101

Real Estate Purchasing Insurance Finance 101

Work Life

MAY 22, 2024

Lie 1: Money is men’s business Women have full financial equality as a matter of legal rights in much of the Western world today, but we do not have full financial equality socially or economically. In nonprofit legal jobs, it’s almost a badge of honor to make as little money as possible. I was a leftist legal academic.

Legal 98

Legal Food Salary Controlling 98

Attendance Bot

JULY 10, 2024

Advantages of Biweekly Paychecks: Biweekly payroll is well-suited for businesses with both salaried and hourly employees. Advantages of Semi-Monthly Payroll: Semi monthly pay frequencies are particularly suitable for companies with primarily salaried staff. This method is widely used in the United States for several reasons.

Payroll 52

Payroll Bookkeeping Salary Banking 52

Vantage Circle

SEPTEMBER 8, 2021

It typically involves salary, bonuses , benefits, and other types of compensation. Compensation planners work closely with other departments, such as finance, accounting, and legal. Following legal requirements. They also help to create a plan for deciding annual salary based on performance. Industry pay benchmark.

Planning 52

Planning Salary Payroll Legal 52

Work Life

DECEMBER 1, 2023

Farnoosh Torabi is an Iranian-American journalist, author, and personal finance expert. Farnoosh holds a degree in finance from Penn State and in journalism from Columbia University. Really, that pink slip, while it took away my title and salary, also highlighted all the things it couldn’t take from me.

Finance 105

Finance Security Correspondence Controlling 105

Ruby

FEBRUARY 9, 2021

Check out our Finance Hub for useful tips on communication, growth and more year round! Visit our Finance Hub 2021 Small Business Tax Deduction Checklist 1. Salaries, benefits, and contractors You can deduct what you pay employees as salary, paid vacation time, and benefits.

Small Business 52

Small Business Home Office Insurance Finance 52

Ask a Manager

NOVEMBER 8, 2021

However, she sensed that this would likely cause me to look for work elsewhere, so she offered to directly pay me $500 on top of my regular salary each month. 500 is a big chunk of my rent and, though I’ll be fine, it will obviously affect my finances in the future if she continues to not honor the agreement we came up with.

Salary 39

Salary Finance Reporting Legal 39

Insperity

APRIL 14, 2016

Actions can vary from updating your employee handbook to employee termination and legal intervention. One of the biggest mistakes small business owners make is putting one person in charge of the finances. a personal lifestyle that doesn’t match salary. Alert law enforcement if legal action is required.

Supplies 182

Supplies Banking Legal Small Business 182

Insperity

SEPTEMBER 10, 2019

When you think about motivating employees, you might naturally gravitate to things like: Generous salaries Good healthcare Paid time off Overtime Holiday breaks. As a word of caution: you always want to stay well within the lines of socially and legally permissible behavior. These all help attract top candidates.

Healthcare 170

Healthcare Supplies Banking Finance 170

Vantage Circle

JUNE 13, 2023

These bonuses are typically not part of an employee’s regular salary or compensation package.Rather, awarded on a “spot” or an ad hoc basis. So, take charge of your finances with Vantage Rewards’ easy budget management feature. It is done without any legal obligation or prior agreement.

Problem-Solving 93

Problem-Solving Catering Teamwork Creativity 93

Ask a Manager

OCTOBER 12, 2022

😍” Note: we work in health care (dealing with national crisis, short-staffed, and in the middle of a desperate war negotiating higher salaries), and we are mostly women in our 30-40’s. Are you sure people weren’t pushing you to fly back that day out of concern for you , rather than the company’s finances?

Interviewing 39

Interviewing Salary Logistics Transportation 39

Insperity

FEBRUARY 3, 2011

The employer is required to contribute at least two percent of the employee’s annual salary to the plan. You will be relying heavily on your provider to file legal documents and administer funds. Setting up a retirement plan can also entail extensive administrative and legal tasks. Step 4: Evaluate the provider.

Planning 100

Planning Legal Government Small Business 100

Ask a Manager

OCTOBER 4, 2016

” Frustrating as that all is, I am fairly sure none of it is legally actionable since it was never made explicitly about my gender. He is being paid a salary. And that’s IF they’re paying him the minimum possible salary. We hired Fergus (one of only two candidates we interviewed) about a month ago.

Salary 31

Salary Customer Service Legal Finance 31

Ask a Manager

FEBRUARY 1, 2023

He’s been trying to get me to do financial analysis as well (I do not have a finance/accounting background). But assuming neither of those was in play in this situation, the legal angle isn’t the one you want. This isn’t the first time my private medical information has been leaked around the office. So I wouldn’t say it’s a red flag.

Interviewing 38

Interviewing Legal Supervising Problem-Solving 38

Insperity

FEBRUARY 18, 2014

Note: Classifying workers as independent contractors or employees is a complex legal and tax issue. This usually indicates that a worker is an employee, even when the wage or salary is supplemented by a commission. True, independent contractors will finance their own benefits. • The permanency of the relationship.

Supplies 102

Supplies Payroll Controlling Insurance 102

Ask a Manager

SEPTEMBER 7, 2020

As for whether it’s legally permissible, you could check whether this violates any laws your jurisdiction has against upskirt-type photos; maybe it does. Expensive company swag after salary cuts. I run our finances, so I understand in the overall scheme of things, a $200 vest is much less than these salary reductions were.

Leadership 34

Leadership Finance Salary Healthcare 34

Ask a Manager

JUNE 13, 2022

I don’t think this was meant maliciously but it makes me concerned about whether I should even pursue this because I don’t want it to become some kind of condescending conversation about my personal finances. This person is salary exempt in Texas. How to pay someone who’s working from home with Covid. Working from home is working!

Finance 37

Finance Software Reporting Mentoring 37

Ask a Manager

AUGUST 1, 2019

After I mentioned working 60 hours for a salary that barely covered my bills, one commenter gently suggested I seek greener pastures. That was a wakeup call for me, and within 6 weeks of sending out CVs, I was offered a job offering me a 30% salary increase for 33% fewer hours. But where there’s smoke there’s fire.

Finance 21

Finance Salary Interviewing Supplies 21

Ask a Manager

DECEMBER 22, 2020

Company made me a job offer, then tried to lower the salary. After a few weeks of interviewing, I received the job offer on a Friday afternoon over a phone call with a clear salary and vacation time. She asked for the salary of the other offer, which I shared ($12k more than this offer). It’s four answers to four questions.

Salary 27

Salary Transportation Finance Interviewing 27

Ask a Manager

JANUARY 27, 2020

I don’t believe we can legally do that because we are aware she is undergoing dental care to try to resolve the issue, but he thinks we should force her to wear a “flipper” (fake tooth) during the process. Job finalist wants to know the salaries of the rest of the staff. Can we require our receptionist to wear a fake tooth?

Salary 26

Salary Finance Interviewing Legal 26

Ask a Manager

JUNE 4, 2015

Since this is a personal decision and not a relocation move for my job, is it fair and/or okay for me to request a salary increase? I’d look at it this way: The ability to move wherever you want is a perk of this job, but you need to factor in how well your current salary will work in whatever city you’re thinking of choosing.

Interviewing 35

Interviewing Finance Legal Salary 35

Ask a Manager

JANUARY 14, 2015

It’s very normal for people who work in finance to make large bonuses, and very normal for someone who’s doing part-time admin work to make a much smaller bonus. Our organization gets paid once a month on the last day of the month, and today I was told that due to financial hardship no director will receive a salary for January.

Interviewing 35

Interviewing Salary Finance Legal 35

Ask a Manager

OCTOBER 1, 2020

” Obviously I know that, but I thought that a “cost of living” adjustment to your salary shouldn’t come at a net loss and should cover the actual cost of living increases (i.e., And you’ve got to make sure any volunteering is done outside of work hours or it can cause campaign finance issues for your employer.

Problem-Solving 41

Problem-Solving Insurance Legal Banking 41

Ask a Manager

JULY 16, 2019

without getting somewhat panicked and suggesting high-effort, high-salary-cost ways of saving minor amounts of money. He agrees when I say something like, “The company finances are being handled. At this point, barring moving him to a role where there is no knowledge of finance involved at all, I’m at my wits end.

Office Chairs 27

Office Chairs Problem-Solving Purchasing Finance 27

Ask a Manager

AUGUST 31, 2017

I have a question related to salary equity. My old boss, the finance director, recently retired and I was promoted to take his place. I was offered a salary that was only 75% of what he was being paid. There is no pre-determined salary range for this position. I’m being paid less than my male predecessor. It depends.

Salary 21

Salary Finance Influencing Legal 21

Vantage Circle

SEPTEMBER 16, 2021

A company's ESOP plan can borrow money from related parties to finance company projects, including tax-advantaged shares purchases by the company. While the return on investment (ROI) of an ESOP can be enticing, keep in mind that companies with ESOP plans pay more in legal and administrative fees than those without. Common FAQs.

Planning 52

Planning Purchasing Sales Finance 52

Ask a Manager

APRIL 30, 2020

My salary has not changed. Is this legal? Their finances may demand it right now. To your questions: Yes, this is legal. Refusal to return to work is considered a resignation. Because I’m furloughed, I’m not accumulating PTO or having my 401k matched. Can they force me to work full time while furloughed?

Payroll 31

Payroll Legal Finance Interviewing 31

Ask a Manager

MARCH 4, 2020

I’m sure Sam is excited about his new house and perhaps simply wanted to share with people who for the last 10 years have been coworkers — but people don’t need that level of detail about their new boss’s home purchase, let alone his finances. Legal issues aside, your HR department isn’t a public health agency. What are your thoughts?

Legal 28

Legal Interviewing Controlling Payroll 28

Ask a Manager

FEBRUARY 9, 2021

I find it uncomfortable for at least two reasons: * Most of the staff are teachers, aides, and paras and the school principal’s salary is significantly more than the staff’s. my employee can't manage her finances -- should I say something? Read a book, take a walk, watch an hour-long show.

Problem-Solving 37

Problem-Solving Payroll Finance Computer 37

Ask a Manager

DECEMBER 5, 2018

It’s not against any kind of legal regulation, but it violates people’s privacy and is utterly unnecessary — and the same applies to your boss’s belief that he’s entitled to the personal details of why you’re taking sick time. I am a young VP who works in finance and a first-time/young manager. We are a small but close-knit office.

Legal 21

Legal Planning Finance Salary 21

Ask a Manager

NOVEMBER 27, 2022

This post, coworker asks about my personal finances, gender differences in dress codes, and more , was written by Alison Green and published on Ask a Manager. My coworker asks about my personal finances. I work in an education-related industry that’s not known for having particularly high salaries. Here we go….

Finance 47

Finance Legal Interviewing Salary 47

Ask a Manager

DECEMBER 7, 2020

I work in higher education at the business administration and finance level. Around July, my department head asked all exempt employees (salaried, not overtime eligible, no time clock to track hours) in my office to start filling out a task log. We’re being asked to track all our time in a task log.

Administrative Assistance 34

Administrative Assistance Planning Purchasing Finance 34

Ask a Manager

DECEMBER 16, 2014

Also my finances are in good shape so $5 out of my pocket is not a big deal and I’m not sure if it’s worth it to be saying anything since I’ve only been here for 3 months. If you’re exempt , you must be paid your full and normal salary if you work any part of the week. Is this legal? I work in Texas.

Banking 36

Banking Legal Salary Purchasing 36