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5 Ways Every Small Business Can Benefit From A Business Blog

setting up a business blog

Jan 5th, 2016 by TRAXPayroll

When the concept of blogging arrives initially, many business owners across different industries wonder if the task is worth the effort. In fact, operating a business blog can be a great way to promote your products and services cost effectively online. The search engines, especially Google, like blogs that are updated regularly, and will reward you with lots of targeted traffic from people who are looking for the products and services you provide.

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Should Employers Withhold Federal Taxes On Hourly Paid Employees?

withholding taxes for hourly paid employees

Dec 31st, 2015 by TRAXPayroll

If you’ve ever been paid by the hour, then you probably know that the pay you take home is less than what you make hourly. The reason for this is because employers withhold federal taxes. These funds are used to pay for things such as Social Security, Medicare and income taxes.

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Payroll & HR Software: 5 IT Terms You Need To Know

payroll & HR software IT terms

Dec 29th, 2015 by TRAXPayroll

Payroll & HR software has changed dramatically over the last few years. These newer software solutions are more flexible and cost effective, freeing HR personnel from continuous administrative work. These software solutions also allow employees to connect in a manner which increases productivity throughout the organization. When purchasing the newest payroll & HR software, there are five key technologies that you should look out for. Below is a list of them:

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Top Mistakes To Avoid When Starting A Small Business

mistakes to avoid in business

Dec 24th, 2015 by TRAXPayroll

Research shows that 80 percent of small businesses that have just started out fail within the first 5 years, and this is often because the owners make costly mistakes which wipe out their capital. When you launch your small business, it is important to be mindful of the many pitfalls you’ll encounter, that way you will increase your chances of success. Below are the top mistakes that every business owner should seek to avoid:

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How To Identify Disengaged Employees & Deal With Them

how to identify a disengaged worker

Dec 22nd, 2015 by TRAXPayroll

There are many factors which will contribute to an employee’s commitment to their job, and some of these include job satisfaction, an alignment which is identical to those of their employer, and the desire to go above and beyond what is needed to help their employer achieve desirable goals. Unfortunately, there comes a time when the commitment level of an employee may deteriorate. The pattern typically begins with the employee being fascinated with their new job, but after three to five months, their commitment will decline, as they come face-to-face with the reality of their work.

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7 Tips That Employees Can Use While Shopping For Health Insurance In 2016

tips to buy health insurance

Dec 17th, 2015 by TRAXPayroll

While employers can assist employees in learning how to find and purchase a health insurance plan, as well as providing reimbursement to cover the cost of the premium, they should not be involved directly with selecting and purchasing personal insurance policies for their employees. Below are a list of tips that can help employees find the health plan which is best for them.

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Making The Transition From Paper-Based To Online HR & Payroll

from paper-based to online payroll HR matters

Dec 15th, 2015 by TRAXPayroll

Transitioning to a workplace solution that provides complete workforce management can greatly assist institutions which are employee focused. When payroll, attendance and time are combined with core HR into a single system, institutions can save a tremendous amount of time while also preventing errors and duplication during data entry.

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Why Should You Use Cloud-Based HR Solutions?

HR executive using cloud solutions

Dec 10th, 2015 by TRAXPayroll

Cloud based HR solutions are the modern alternative to paper based systems, meant for the management of human resources. The reason for this is because such a solution is a long term and stable method which gives companies the ability to enhance their processes while structuring their workforce for business related initiatives. Institutions that choose to use cloud HR technology are gaining both cost and productivity advantages over institutions that continue to use traditional systems.

Cloud based technology provides an HR system with a core that is unified, which is ideal for companies that have or intend to have operations in multiple regions. Additionally, the cost of owning and operating these cloud based systems is low and they do not require constant software upgrades. Below are some ways that cloud based systems will streamline operations while also providing more time for strategic initiatives:

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Payroll 101: What Are Payroll Services?

payroll documents

Dec 6th, 2015 by TRAXPayroll

Employees are typically paid at a rate which is set by a time period basis. In the U.S. employers are required to pay for employee benefits such as Medicare, worker’s compensation, Social Security, and federal or state taxes. Employers are also responsible for deducting a part of these taxes and fees from the paychecks of each employee, and each transaction must be recorded for audits and taxation.

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Jersey City Ramps Up The Paid Sick Leave Law

Jersey city paid sick leave law

Dec 3rd, 2015 by TRAXPayroll

A recent ruling passed by the Jersey City council will require more businesses to recognize paid sick leave law for their employees. Businesses which employ ten workers or less are now required to give their employees as much as 24 hours of sick time with pay, and as much as sixteen hours of sick leave each year. Before this ruling, businesses in the area were only required to give their employees unpaid sick leave. The fines for violating this paid sick leave law will range from $1,250 to as much as $2,000 for every infraction.

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