Blog

Performing Same Day Payroll The Right Way

same day payroll

Aug 14th, 2018 by TRAXPayroll

Most employers now use ACH transactions to compensate their employees. ACH, or Automated Clearing House, comes in the form of electronic payments, direct deposit, bill pay or direct debits. One of the greatest benefits of ACH is that it allows for same day payroll. Below are some tips for doing it correctly.

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Why The Management of Your Workforce Must Evolve

management of your workforce

Aug 6th, 2018 by TRAXPayroll

Workforce management, like other aspects of human existence, is in a constant state of flux. The goal of most small and large businesses, irrespective of industry, is to satisfy their customers while earning their loyalty. One method of achieving this is ensuring your organization constantly pursues the perfect structure, and a key component of achieving this is the manner in which the workforce is managed.

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Tax Season Is Over But You Can Start Planning For The Next One!

Tax season

Jul 29th, 2018 by TRAXPayroll

Taxes and employee benefits are a key part of running a business. It is not something that should be taken lightly, nor should you wait until the last minute to do it. The best way to prepare for tax season is in advance, which will ensure the filing process goes as smoothly as possible. Below are some tips for achieving this.

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How To Accommodate A Workforce Which Is Multilingual

multilingual workforce

Jul 22nd, 2018 by TRAXPayroll

As workforces increasingly become more diverse, a need has arisen for multilingual accommodation. This ensures that both employers and employees will be able to communicate effectively. Maintaining open communication lines at all times will help prevent mistakes and confusion which could lead to accidents, labor management problems or catastrophic loses. Below are some ways to manage a multilingual staff without having to learn multiple languages.

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Can Your Employer Stop You From Discussing Wages?

discussing wages

Jul 14th, 2018 by TRAXPayroll

Employers are not legally allowed to stop their employees from discussing payroll, even amongst one another. Additionally, they are also prohibited from taking any adverse action against employees for such discussions, as doing so infringes upon the rights that employees have been given under the NLRA, or National Labor Relations Act, Section 7.

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Offering A Dependent Care Assistance Program (DCAP) To Your Employees

dependent care assistance program

Jul 6th, 2018 by TRAXPayroll

Some business owners are considering providing their employees with benefits which will ease the financial impact of childcare. DCAP, or Dependent Care Assistance Program is a great way to start, and below is what employers should know about it.

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How To Enhance Your Employee’s First Day At Work

first day at work

Jun 28th, 2018 by TRAXPayroll

An employee’s first day can be exciting and stressful at the same time. The goal of their employer should be to assist them in transitioning and settling in as smoothly as possible, and below are some tips that will help you do exactly that.

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Did You Get A Marketplace Notice?

Marketplace notice

Jun 21st, 2018 by TRAXPayroll

The first batch of health insurance marketplace notices have recently been sent out and you may have received one. Below is a description of what these notices mean, why some receive them, and how you should respond.

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A Smart Approach To Tackling Salary Increases

salary increases

Jun 14th, 2018 by TRAXPayroll

Today in the corporate world, most employees will expect employee benefits and salary increases over time. The wages they are paid should ideally be in line with inflation, and is a way of rewarding them for good work. However, figuring out the proper amount can be tricky. An employer should take into consideration their morale, schedule market averages, and their performance.

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Getting To Know Level Funded Health Plans

level funded health plans

Jun 7th, 2018 by TRAXPayroll

Establishing employee health coverage has become an essential part of operating a business, large or small. However, smaller enterprises have had a more challenging time acquiring sufficient coverage since the passing of the Affordable Care Act. One solution that has been devised is level funded health plans. Below is a description of how it works, and the advantages companies can gain by using it.

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