September 2018 Archives

Tips For Calculating Travel Time For Employees

Sep 30th, 2018 by TRAXPayroll

Attention, all payroll personnel! Is the part of your job that requires calculating travel time the most dreaded part of your day? Do you know exactly what kind of travel time your company should be paying for? Goodness knows, you certainly don’t want hour and wage violations on your company’s record. The following will go through the most common travel solutions in regard to federal travel time rules for employee pay.

Read More

Ready To Employ An Anti-Pink Tax Policy?

pink tax

Sep 27th, 2018 by TRAXPayroll

No, the “Pink Tax” is not something that is government levied. It’s not the kind of “tax”. It is a markup of services and goods charged to women when compared to comparable services and goods paid for (and purchased by) men. To bring attention to this phenomenon, a campaign was launched by Burger King. For a pink box of French fries, more was charged than for a normal box – but both boxes contained exactly the same portion of fries. Is your business using pricing that is gender-neutral? In fact, is your payroll department practicing neutral policies when it comes to how much men and women get paid?

Read More

Your Company Size Determines Your Labor Law Compliance

Labor law compliance

Sep 24th, 2018 by TRAXPayroll

Labor law compliance, no matter the size of your company, is essential. But did you know that the size of your company does determine your businesses’ compliance as far as labor laws go? Which labor laws you need to comply with can depend on how many employees are employed by your company. If you have more than 100 workers, for example, a multitude of laws apply. But if you have 14 employees or more, fewer may apply. Even if there’s only one staff member, any number of labor laws still apply. To be compliant with the labor laws that are applicable to your company, we have listed some guidelines.

Read More

Dispelling Employee Engagement Myths

Employee Engagement

Sep 19th, 2018 by TRAXPayroll

To hear some people tell it, employee engagement is at an all-time low. But is that actually the case? Or is it yet another myth, thought up by people who clearly don’t have enough to do? Possibly, if the people who think up these ridiculous notions were more engaged in their jobs, there would be fewer inaccuracies in the world today. Let’s take a look at some of the most popular myths regarding employee engagement to see whether or not they ring true.

Read More

What’s The Duration For Health Insurance Reimbursement?

Health Insurance Reimbursement

Sep 16th, 2018 by TRAXPayroll

When HRA (health insurance reimbursement) is first set up by a company, one question is frequently asked: is there a required (or specific) time frame for employee health expenses reimbursement? Employees, likewise, frequently ask what kind of time frame they have within which to get paid for their health expenses. For the most part, deadlines for health insurance reimbursement are HRA plan document defined.

Read More

How To Calculate Gross Wages

calculate gross wages

Sep 12th, 2018 by TRAXPayroll

There are many challenges involved in the payroll process. One challenge, for many companies, is the topic of gross wages. Let’s take a closer look at gross wages to see if we can clarify matters.

Let’s face it, everything begins with gross pay when running payroll. What attracts many individuals to a particular job are the gross wages. And without them, how would payroll calculate an employee’s taxes and deductions on their wages? Take-home pay would be difficult to determine without knowing how to properly calculate gross wages. Read More

Do You Fully Understand The Tax Cuts and Jobs Act (TCJA)?

Tax Cuts and Jobs Act

Sep 8th, 2018 by TRAXPayroll

When it comes to alterations involving employee benefits tax breaks, the Tax Cuts and Jobs Act (TCJA) has left people with some negative and positive feelings. Both the benefit-providing businesses and the benefit-enjoying employees are affected by this act. This could prove to be a headache for employees and payroll departments alike. Let’s take a closer look.

Read More

Don’t Be Tripped By Those Common HR Mistakes!

common HR mistakes

Sep 5th, 2018 by TRAXPayroll

Seriously, how involved could a job in HR really be? Oh, truth be told, it’s not an easy job, or even straightforward. Common HR mistakes, made by far too many companies to mention here, have and can lead to lost money and lost time. No matter if it’s a small mom and pop shop or a global corporation, every HR Department can fall prey to certain faults that can be potentially catastrophic. In order to help your HR Department avoid some of these downfalls, take a look at these top four common HR mistakes.

Read More