Are you ready? Here comes 2016!: A Task Checklist
October 23, 2017
Believe it or not 2016 is here! We’ve compiled a list of a few tasks you can still get done before 2016 really gets rolling. Happy New Year!
Check with your State Labor organization to see if there are any new State and/or Federal laws that may impact your business. Review your policies and procedures and make sure they still comply with current laws and regulations. Make sure your HR and filing systems are compliant. Review record retention guidelines and dispose of appropriate records before the new year, if using manual process. PSNW offers several compliance posters available for downloading, click here to see our selection.
Review your policies, update if needed, and have all employees sign and acknowledgement of the changes.
PAID TIME OFF
Is there a use it or lose it policy? Communicate to your employees and give time to requests pay outs, if applicable.
Update your 2016 holiday dates memo and send out to employees. Download our 2016 calendar here.
Have employees received a review? If so, follow up on goal progress. If not, establish your review process and communicate that process and timeline to managers and employees. Take this time to update job descriptions.
MERIT INCREASES AND SALARY RANGES
Is it time to consider merit increases? Communicate the company’s merit increase plans. Also, conduct a salary survey to ensure your employees are being paid competitive rates, to ensure retention.
STATE AND FEDERAL POSTERS
Ensure you have the most recent, compliant labor posters posted.
401K AND PENSION
Work with your broker to ensure the employees are educated about their options, have an opportunity to make changes in a timely fashion, and the company is fulfilling their fiduciary responsibilities.
Verify addresses of terminated employees or 1099 recipients now before 1099s and W-2s are sent out.
GET YOUR FORMS
Payroll Specialties Northwest has an array of products and services to help you with your Human Resources needs into the new year. Call us at (541) 484-6619 to find out more!