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This year also witnessed mass layoffs, mass quitting, and an acute shortage of talent like never before. We also witnessed how inflation and people's changing priorities predominantly dominated the discussions around work and workplace.
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From leveraging artificial intelligence to implementing more cloud-based software, here are 10 answers to the questions, "How will you tackle payroll in 2023, and what will you do differently to improve from the previous year?"
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While automation may sound like something from the far-off future, it is already here and being utilized by businesses to tighten processes, improve sales or hiring funnels, and save time and money.
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Most Americans, even those with higher wages, have little money left over at the end of the month. Payroll departments are looking for ways to help with these issues while keeping costs at a minimum.
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In today’s on-demand society, the manner and frequency in which people are paid have not kept up with the time.
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For decades, employees at companies with 50 or more workers have been entitled to leave under FMLA; however, those employees of small employers have not had access to this protection–until now.
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Unless required by the term of the company’s stock option plan, reducing the strike price of the options would not require the consent of the optionee, nor would it be necessary for a privately held company to obtain shareholder approval of the repricing.
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Blockchain will cause huge changes in the current form of business models in the not-too-distant future.
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Although seasonal staff members are hired typically for six months or less, this type of employment poses many questions.
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(200a.jpg) "HRIS & Payroll Excellence: December 2022")
(200a.jpg) "HRIS & Payroll Excellence: December 2022")
