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Quick Tips For Hiring Overqualified Employees

How To Hire Employees That Are Overqualified

Mar 15th, 2016 by TRAXPayroll

The first inclination among many employers who receive resumes from overqualified candidates is to discard them. However, this may be a big mistake. Research indicates that employees who are overqualified often perform at a higher level than most of their peers. In addition to superior performance, overqualified employees also display greater enthusiasm, excitement and energy. Still, many employers fear hiring overqualified candidates because of concerns they will ditch the job as soon as a better offer comes along. Below are some guidelines that can help you as an employer in recruiting these types of workers:

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What It Takes To Win The HR Race In 2016

Companies running the HR Race

Mar 10th, 2016 by TRAXPayroll

The Human Resources department serves an important role within companies, but for a long time, it has been seen primarily as a place for administrative tasks. There is an increasing demand for HR to engage and support the rest of the company to a greater degree, in a manner that allows them to connect to the workforce. Below are some tips which will allow the HR people win the HR race in 2016:

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Coping With HR & Healthcare Insurance Compliance Changes For 2016

2016 Compliance Changes for Health Insurance

Mar 8th, 2016 by TRAXPayroll

We have comfortably navigated into 2016, and it is important to become familiar with the various laws that will be going into effect this year. Some of these laws are federal, while others involve specific states such as New York and California. Only by knowing what’s coming on the horizon can you properly prepare to address the changes that will affect both employers and employees.

2016 will see a bunch of labor laws, and understanding the most important of these laws will ensure that your business is within compliance, which will help it avoid penalties and fees. Depending on the state in which your business operates, you may have few changes to worry about, while business owners operating in other states may have to deal with a whole host of regulations. Virtually every business in the U.S. will be affected to some degree by these compliance changes in 2016.

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10 Tips For Better Time Management At Work

Improve Time Management Skills At Work

Mar 3rd, 2016 by TRAXPayroll

Good time management is one of the best skills you can develop. It allows you to complete tasks within deadlines, make appointments early and maintain a balance between your personal and professional life. Those who display this skill tend to enjoy superior educational achievements, higher incomes and a greater quality of life overall. Below are ten tips which can help you gain mastery over one of the most precious things you have – your time.

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Tips For Structuring Employee Compensation Plans

How To Structure Compensation Plans for Employees

Mar 1st, 2016 by TRAXPayroll

On the whole, the employee compensation plan you design for your employees must entice them to continue working for you while completing their tasks successfully. The most ideal plan offers a win-win situation for both the employer and employee, and below are some tips which will help you structure such an arrangement.

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When Must You Offer A Paid Internship?

Interns Getting Paid

Feb 25th, 2016 by TRAXPayroll

A paid internship is often a win-win situation for both parties. The intern gets the work experience which will help them find a job after graduation, and the institution they work for gets the help it needs. It also gives companies an opportunity to scout promising talent. However, one question that many institutions ask themselves is whether or not interns should be paid, and if so, when? The answer to this question is important, as it has legal ramifications.

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5 Unconventional Employee Benefits

Employee Benefits That Are Unique

Feb 23rd, 2016 by TRAXPayroll

A common problem that many small businesses experience is a high employee turnover rate. One way to avoid this is to provide employee benefits that give them an incentive to stick around. Think about using unconventional benefits, as the standard employee benefits which have been used for decades are no longer enough to attract and maintain the best talent. Below are some unconventional ideas that will help your company in retaining worthy employees:

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Small Business Payroll Software Tips

Payroll Software for Small Businesses

Feb 18th, 2016 by TRAXPayroll

The proper management of finances is one of the most important aspects of running a small business. This is especially true when it comes to payroll, which affects all members of the company. When considering small business payroll software, business owners must consider their needs versus the various options and features that the software offers.

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The Advantages Of Online Benefits Administration

Administering employees benefits through online means

Feb 16th, 2016 by TRAXPayroll

Benefits administration has always been a hassle for human resources. It is a challenging task that requires great attention to detail and HR staff must correctly handle and manage large amounts of paperwork and files. Any mistakes which are made can lead to serious problems. However, performing the task online has made things much smoother and more efficient. There are a number of reasons for this, and HR professionals should consider a switch to administering benefits online if their current system is not working as well as it should be.

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The Different Types Of Healthcare Benefits For Small Business Employees

different types of healthcare benefits

Feb 11th, 2016 by TRAXPayroll

Changes in healthcare laws have prompted many small businesses to look for new ways to provide health insurance for their workers without incurring high costs. Offering healthcare benefits can be a great way for a business to retain its most valuable workers, especially when larger enterprises are following a similar path. However, before establishing a health insurance plan, it is important to review the different options which are available.

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