Blog

Can Your Employer Stop You From Discussing Wages?

discussing wages

Jul 14th, 2018 by TRAXPayroll

Employers are not legally allowed to stop their employees from discussing payroll, even amongst one another. Additionally, they are also prohibited from taking any adverse action against employees for such discussions, as doing so infringes upon the rights that employees have been given under the NLRA, or National Labor Relations Act, Section 7.

Read More

Offering A Dependent Care Assistance Program (DCAP) To Your Employees

Dependent-Care-Assistance-Program

Jul 6th, 2018 by TRAXPayroll

Some business owners are considering providing their employees with benefits which will ease the financial impact of childcare. DCAP, or Dependent Care Assistance Program is a great way to start, and below is what employers should know about it.

Read More

How To Enhance Your Employee’s First Day At Work

first day at work

Jun 28th, 2018 by TRAXPayroll

An employee’s first day can be exciting and stressful at the same time. The goal of their employer should be to assist them in transitioning and settling in as smoothly as possible, and below are some tips that will help you do exactly that.

Read More

Did You Get A Marketplace Notice?

Marketplace notice

Jun 21st, 2018 by TRAXPayroll

The first batch of health insurance marketplace notices have recently been sent out and you may have received one. Below is a description of what these notices mean, why some receive them, and how you should respond.

Read More

A Smart Approach To Tackling Salary Increases

salary increases

Jun 14th, 2018 by TRAXPayroll

Today in the corporate world, most employees will expect employee benefits and salary increases over time. The wages they are paid should ideally be in line with inflation, and is a way of rewarding them for good work. However, figuring out the proper amount can be tricky. An employer should take into consideration their morale, schedule market averages, and their performance.

Read More

Getting To Know Level Funded Health Plans

level funded health plans

Jun 7th, 2018 by TRAXPayroll

Establishing employee health coverage has become an essential part of operating a business, large or small. However, smaller enterprises have had a more challenging time acquiring sufficient coverage since the passing of the Affordable Care Act. One solution that has been devised is level funded health plans. Below is a description of how it works, and the advantages companies can gain by using it.

Read More

Is Your Employee’s Health Insurance Taxable?

employee's health insurance

May 28th, 2018 by TRAXPayroll

A number of small businesses owners want to know if it’s possible to reimburse the individual health insurance of their employees, rather than providing a standard group policy. Additionally, they want to know if such an arrangement is taxable.

Read More

Building An Awesome Company Culture

company culture

May 20th, 2018 by TRAXPayroll

How does company culture work, and why is it needed? The term involves key factors, such as leadership and the behavior of employees, but also includes systems, habits, beliefs, language, values and vision. Every successful small business has developed their own culture, and below are some ways to establish it within your enterprise.

Read More

How Is Severance Pay Determined?

severance pay

May 11th, 2018 by TRAXPayroll

No legal mandate currently requires companies to offer severance pay to their employees. However, many businesses will provide it in the event that an employee terminates. In most cases the amount will depend on the length of time in which they’ve been with the company. Some companies will give a week’s worth of pay for each year someone has been employed, or a flat rate which is the equivalent of six work weeks. The severance may be split into separate payments or given all at once.

Read More

What Businesses Should Know About The New Tax Rules In The United States

new tax rules in the United States

May 4th, 2018 by TRAXPayroll

Many small business owners are coming to terms with the new tax reform 2018 bill. It has made drastic changes to income taxes associated with individuals and businesses, and below are the most important new tax rules that business owners should be aware of this year.

Read More