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How To Succeed In Launching A Wellness Program For Your Workplace

wellness program boosts productivity

Jan 14th, 2016 by TRAXPayroll

The health and wellness of employees will directly impact the organizations they work for. Therefore, employers should consider the implementation of a wellness program. Creating such a program has numerous benefits, such as improving employee participation and making employees feel that the company goals are compatible with their own.

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Hiring Employees Vs. Independent Contractors

independent contractors or employees

Jan 12th, 2016 by TRAXPayroll

It is a simple fact that independent contractors and employees are different, and it is necessary for employers to be aware of the distinction, as it will assist them in determining who to hire and what taxes they must withhold, as well as any legal issues which may be associated with their employment.

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Assessing The Value Of Your HR Software For Your Business

assessing the value of hr software

Jan 7th, 2016 by TRAXPayroll

Measuring the value of human resources can be a difficult task. Sales departments can rely on metrics such as conversions, advertising campaigns or product launches as a form of measurement. For human resources however, this can be tricky, as the assets are employees. While there is no question that employees provide a great deal of value to a business, this value can be difficult to measure.

Because we live in an age where data has become so important, the departments within companies are under increased pressure to correlate investment strategies with results that can be measured. Human resources is not an exception to this phenomenon. They must be able to provide data to their bosses which prove that the tactics and strategies employed by the department are effective. It is for this reason that HR software has become one of the most sought after tools by HR managers around the world. To understand the importance of these tools, you must first understand value, and how to measure it.

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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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