I had a client who, right now is having people question salaries. What are we paying people? And then looking at the demographics of those individuals. You want to make sure that you’re not discriminating and paying a higher salary to a non-protected class and it’s interesting in the studies that this client did. Protected...
Outsourcing bookkeeping services can offer several benefits to businesses, especially small and medium-sized enterprises. Here are some of the key advantages: Cost Savings: Outsourcing bookkeeping can often be more cost-effective than hiring an in-house bookkeeper or accountant. Businesses can save on employee salaries, benefits, office space, training, and equipment expenses. Expertise and Specialization: Outsourcing firms...
On Jan. 9, the Department of Labor’s Wage and Hour Division (WHD) released its highly anticipated final rule on worker classification, “Employee or Independent Contractor Classification Under the Fair Labor Standards Act.” The final rule, officially published on Jan. 10, will become effective 60 days after it is published on March 11 in the Federal Register....
Every organization should plan. They should meet regularly. They should have an annual session where they discuss “where do we want to be this year? Where are we going?” Have, in those meetings, decide “where do I want to be five years from now?” And then break that down into steps of what are we...
There’s a lot of talk about employee engagement. Now, job descriptions will help with that, because when an employee clearly understands their role and contributions, they are more likely to feel engaged and motivated. Well-defined job descriptions contribute to a positive work environment. Now, if you have more questions, I suggest you consult with an...
The level of detail required for your bookkeeping depends on various factors, including the size and complexity of your business, industry regulations, and your specific reporting needs. Here are some general guidelines to help you determine how detailed your bookkeeping should be: Legal Requirements: First and foremost, your bookkeeping must meet legal and regulatory requirements....
By Kathy Gurchiek Ninety percent of HR professionals say they take immense pride in their work, but they’re stretched thin trying to meet their organizations’ needs, according to new research from SHRM. Inflation and its impact on their employer’s budget—especially on wages and hiring—continues to be their organizations’ overriding concern. “SHRM has found...
Now, I don’t know about you, but I like to sleep at night. Job descriptions provide legal compliance. Having accurate job descriptions can be essential in legal matters, such as determining fair compensation, complying with labor laws, and addressing issues related to workplace discrimination. Now, if you have more questions, I suggest consulting with an...
How else can job descriptions help you? Well, they can assist with workforce planning. They aid in workforce planning and organizational design. They help determine the need for new roles, restructuring, or redistribution of tasks. Now, if you have more questions, I suggest you consult with an experienced HR professional.
Whether you need a bookkeeper depends on various factors, including the size and complexity of your business, your accounting knowledge and skills, your time availability, and your willingness to manage financial tasks. Here are some considerations to help you determine if hiring a bookkeeper is necessary for your business: Business Size and Complexity: If...
Copyright by People First INC. All rights reserved. 2022
2022 Copyright by People First Inc. All rights reserved.
