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Q: Our employees are paid an annual lump-sum merit bonus. The full amount is calculated and then split, with half paid the following January and half paid in July. How does this affect employees’ overtime? If it does affect overtime, how many years must we go back?
On Aug. 1, tax penalties more than triple, from $30 to $100 per form, up to $1.5 million, for these W-2 infractions: failing to file 2012 W-2s in the first place or filing incorrect 2012 W-2s that you haven’t yet corrected.
Q: An employee who has a gas card gets reimbursed 100% every month from Accounts Payable. Is this a taxable benefit? If so, how much is taxable—the full amount or the portion related to personal use?
Meetings tend to get a bad rap. People complain that they stir conflict and competition among co-workers and generally represent a waste of time. It doesn’t have to be that way. Executive coach Mary Jo Asmus offers six ideas for organizing better meetings that can help strengthen workplace relationships.
The IRS has announced the 2014 inflation-adjusted figures for health savings accounts (HSAs) and high-deductible health plans (HDHPs).
Summer is the perfect time to perform simple payroll maintenance tasks. Here are some items you can check off your to-do list.
Payroll and Accounts Payable should talk early and often, say Billy Meyerkorth, payroll manager at American Century Investments, and Jodi Parsons, payroll and accounts payable manager at Lifespace Communities. These two departments have more in common than they think.
To get more done in the time you have, Gary Keller, author of The One Thing: The Surprisingly Simple Truth Behind Extraordinary Results, recommends a technique called time blocking that you can employ with four simple steps.
Group health insurers that don’t spend between 80 and 85 cents of every premium dollar on medical care and health care quality improvement must make medical loss ratio (MLR) rebates to employees. This year’s rebates are due by Aug. 1. Take these steps now to prepare.
Open offices are all the rage these days and while they have their advantages, they also cause employees plenty of stress and can make it hard to focus. Heidi Hanna, a fellow with the American Institute of Stress, offers solutions to four common open-office irritations.