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Record-keeping

Protect Your Business from HR Pitfalls with Our Checklist for 2021

By Best Practices, Employment Law, Hiring, Policies and Procedures, Record-keeping, Recordkeeping

A smart way to start the fiscal year is to incorporate a self-evaluation of your organization’s compliance with state and federal labor laws. This simple checklist should serve as a great starting point. A few basic areas of exploration should include: For Current Employees: Do you have an employee handbook? If so, does your handbook address the following policies: At-will employment policy, nondiscrimination policy, sexual harassment policy and confidential information policy? If your business has…

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Getting Organized? It’s a Good Time of Year to Focus on Recordkeeping and Retention

By Record-keeping, Recordkeeping

The beginning of a year always feels like a fresh start, and many of us put getting organized at the top of our resolutions list. Clearing out clutter is always a satisfying task but it’s important to know what you need to keep and what you can toss. The U.S. Equal Employment Opportunity Commission (EEOC) offers the following rules for what is expected of employers in terms of record retention, and other agencies have their…

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Year-End “Punch List” Items – Are You on Track?

By Benefits & Insurance, Best Practices, Employment Law, Payroll, Policies and Procedures, Record-keeping

The end of any year is always challenging, between juggling personnel holiday vacation schedules, preparing year-end paperwork, and making adjustments for the upcoming year. From Affordable Care Act compliance and reporting to adjusting compensation strategies, there is no shortage of things to do. In case you are overloaded or running behind this year, here’s a handy list of items to review and determine if you have outstanding work for any of them. To simplify things,…

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Year-End Reporting of Company-Paid Health Insurance—and an S-Corp Reminder

By Benefits & Insurance, Payroll, Record-keeping

As the year draws to a close, company personnel charged with record-keeping should collect their corporate health insurance information in preparation for W-2 and other tax form reporting. (MarathonHR clients should send this information to us as soon as possible.) For S-Corporations (S-Corps), this information should be segregated by payments made to employees, and their spouses and dependents (which are not wages and are therefore not subject to withholding), and payments made on behalf of…

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