The end of the year is usually an extremely busy time for HR professionals. There’s a lot they must do in a relatively short time period to close out the year and prepare for the upcoming one. A smooth and effective year-end process can help ensure HR professionals or small business owners comply with relevant laws and regulations and that necessary tasks are completed in an orderly manner. This checklist can assist your team in developing and maintaining an effective year-end process and outlines key activities to consider completing before the end of the year.
Year-end activities can seem endless, leaving many business owners and HR professionals feeling overwhelmed. Preparing early can help you wrap up this year properly and set your organization up for success next year.
Establishing a formal year-end process can improve operational and administrative efficiency to save your organization time and money and reduce potential legal liabilities. For assistance with year-end planning, contact ECG Insurance today.
The following checklist is not an all-encompassing year-end list but rather an overview of common HR activities. This checklist is intended to be used as a guide, and the steps in this list should be modified to meet the unique needs of your organization. Due to the complexities and legal requirements of some of these activities, employers are encouraged to seek legal counsel to address specific issues and concerns.
This checklist is merely a guideline. It is neither meant to be exhaustive nor meant to be construed as legal advice. It does not address all potential compliance issues with federal, state or local standards. Consult your licensed representative at ECG Insurance or legal counsel to address possible compliance requirements. © 2022 Zywave, Inc. All rights reserved.