You don’t have to cast your mind back too far to remember what payroll was like before technology had such a transformative effect. Manual processes were repetitive, time-consuming, prone to simple human error, and gaps in data would easily go unnoticed.
Using Technology to Increase the Power of Payroll Read More »
Just like so many parts of our everyday lives, the way we deal with money has become increasingly digitized. Whether we’re using contactless payments on credit or debit cards, or innovations like Apple Pay, Google Pay and Samsung Pay to make mobile payments, technology now plays a central role
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Now that the most serious business impacts of the pandemic are subsiding, global payroll and HR practitioners are understandably exploring how the world of work has changed and what the future holds.
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Josep Maria Elias | Chief Strategy Officer, CloudPay The workplace has undergone massive change in recent years, a transformation that is changing employees’ expectations of employers. Trends like the Great Resignation and Quiet Quitting were born in part from an increased demand for greater welfare and fairness in the workplace.
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Stuart Steinke | Senior Business Development Manager, CloudPay Payroll is a significant cost for every type of business. Typically, payroll will consume between 15% and 30% of an organization’s gross revenue, but this can rise to as much as 50% in businesses and industries that are more labor-intensive.
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Before the pandemic, attracting and retaining the most talented employees was a major challenge for even the most successful business. However, the changing mindsets and priorities of employees over the last couple of years have made it an even tougher job.
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The COVID-19 pandemic and the Great Resignation that has followed have generated a huge amount of turbulence in the world of work. Millions of people have changed jobs in search of more money, greater career progression, a new career path or a greater work/life balance. The change has worked out
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The workplace has undergone massive change in the past couple of years, a transformation that is having a widespread impact on employee engagement, labor, and wages. Trends like the Great Resignation and quiet quitting were born in part from an increased demand for greater welfare and fairness in the workplace,
Achieving Global Parity Between Employees Read More »
We live in a world where people look for instant gratification in almost all areas of their lives. We also live in a world where many people face increasing pressures on their money, and often need quick access to their earnings in order to meet their financial obligations. The ability
What Is Earned Wage Access and Does Your Business Need It? Read More »
Earned Wage Access… Not If But When In a changing world, employers are coming to realize that there is much more that they can do to support their employees. In many cases, employees who are held to traditional monthly or bi-weekly payroll structures are experiencing increased financial stress, especially as
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