Employees are driving the need for payroll process agility.
While business strategies and headlines remain focused on attracting, training, and retaining employees. If you do pay them on time, accurately, and in line with local, regional, and national regulations and taxes, this doesn’t matter. People will leave.
Further complexities are on the horizon for payroll. New working models potentially change how, what, and when employees are compensated. The increase in gig workers, and the rise in elastic hiring continues, so do those advocating on-demand pay. Traditional payroll systems are not set up to manage instances such as these.