Tips On Managing Toxic Employees

toxic employees

Nov 12th, 2015 by TRAXPayroll

Almost everyone in the office knows what a toxic colleague looks like. These individuals can bring the whole team down by being negative, lazy, vindictive, gossipy and more. When such employees achieve managerial positions, they can easily increase the staff turnover rate because their subordinates do not respect them as leaders or find it hard to work under them. It is pertinent that you come up with a plan before approaching a toxic employee so they do not influence the rest of your staff in a negative way. Here are a few tips to deal with toxic employees:

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The Advantages Of Online Enrollment For Employee Benefits

online enrollment for employee benefits

Nov 10th, 2015 by TRAXPayroll

Some employees may feel that open enrollment can be a stressful experience for them as they are subjected to a fixed deadline to make decisions that might affect their families for the following year. They may feel confused and pressured about making the right choices. However, allowing them to prepare in advance, communicating with them regularly as well as utilizing an online enrollment platform can help you make open enrollment much easier for your valued employees.

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Why You Should Hire Remote Workers

hiring remote workers

Nov 5th, 2015 by TRAXPayroll

Many business owners ask themselves whether they should hire remote workers or even give their current employees the choice to work from wherever they want. While many of them may not favor the idea of hiring remote workers because they feel that it can be a form of managerial oversight, research shows that hiring such workers have many benefits that outweigh the negatives. Here are some of the key benefits on why you should hire remote workers.

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ACA Reporting: Important 2015 – 2016 Dates For Large Employers

ACA reporting important dates for 2015 to 2016

Nov 3rd, 2015 by TRAXPayroll

Employers that have at least 50 full time employees working for them throughout 2015 must be sure they have their plans set in place to achieve Affordable Care Act (ACA) compliance.

Forms must be given to employees before February 1, 2016, and the IRS must receive them by February 29th, 2016 (for paper filing) and March 31st, 2016 (for electronic filing). Employers that have less than 50 employees who work full time are only required to be ACA compliant if they are self-insured, otherwise they are exempted.

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Payroll 101: Understanding The Pay Stub

understanding employee pay stub

Oct 29th, 2015 by TRAXPayroll

It is imperative for a business owner to know how to read a pay stub. The learning curve should help you understand what items to include in a pay stub, the meanings behind each item as well as the methods to catch potential payroll errors that may end up as costly mistakes. You will also need to know how to explain a pay stub as you may need to answer an employee’s inquiries about how they are being paid.

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Essentials To Know When Working With Independent Contractors

payroll for independent contractors

Oct 27th, 2015 by TRAXPayroll

Many modern-day businesses have worked with an independent contractor at least once. If not, you are likely to work with a freelancer in the near future as they are expected to make up more than 35% of the workforce by 2020.

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A Simple Guide To Healthcare Benefit Plans For Employees

healthcare benefits for employees

Oct 22nd, 2015 by TRAXPayroll

Healthcare benefit plans can offer many types of employers an efficient way to help employees cope with certain expenses that pertain to healthcare. They are also sometimes called health cash plans and should not be compared to private medical insurance plans.

Healthcare benefit plans are quite popular among smaller sized businesses and they offer employers an attainable and affordable way to offer employee healthcare benefits. If you want to understand how this type of benefit plans work, this simple guide will school you through the important basics.

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3 Common Payroll Mistakes Made By Small Businesses

common payroll mistakes made by small businesses

Oct 20th, 2015 by TRAXPayroll

In the recent past, the corporate world has experienced a consistent surge of payroll solutions online. Hence, this makes it very easy for many businesses to harness the power of web-based payroll software to perform payroll procedures well. However, as an employer, you may still make mistakes even with the best technology in place.

Regardless of your industry, company and employee size, there are some pertinent steps you must take to avoid potential payroll mistakes. This is essential to ensure that your payroll administration has a perfect record of being 100% percent accurate every time. Here are the three most overlooked payroll mistakes that have brought trouble to many small businesses in the past:

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Employee Pay: Should It Be Public Or Private Knowledge?

employee pay public or private knowledge

Oct 15th, 2015 by TRAXPayroll

When the topic of whether employee remunerations should be transparent is discussed, it is often hard to come to a consensus. Today, an increasing number of employees are requesting for a more honest and open approach to sharing information about everything from company financials to hiring decisions to employee salaries. On the surface, it may feel like it is a good idea to make employee salaries public, but there are certain factors you should consider beforehand and decide whether revealing the salaries of employees is good for your business.

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Is It Good To Mix Your HR Software And Accounting Software?

accoutnting and HR software integration

Oct 13th, 2015 by TRAXPayroll

Every company requires some form of accounting software to manage their expenses and also to determine profitability. With the availability of accounting software, companies can benefit from automating their accounting systems as opposed to the traditional reliance of manual spreadsheets and paper systems. While many companies kept HR software and accounting software separate in the past, many companies are now starting to realize that there are benefits if they integrate the software programs together.

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