Global Payroll Survey Report

Global Payroll Report

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In late Spring 2023, Payslip partnered with PayrollOrg to survey its practitioner members to determine the state of global payroll operations. This report co-authored by Pete A. Tiliakos summarizes the perspectives of hundreds of global payroll professionals & leaders plus senior executives across HR and Global Business Services. Participants represented businesses across a range of sizes, sectors, and geographies. Download the full report report: https://insights.payslip.com/link/588819/

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U.S. Chamber of Commerce – 7 Payroll Trends to Watch In 2023

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Discover how market changes impact your small business and ways to streamline operations to meet challenges in the years ahead. Once a behind-the-scenes process, payroll now engages and attracts employees, enhances data security, and provides real-time insights. But what’s in store for payroll in 2023 and beyond? For one thing, the challenges small businesses face aren’t subsiding. Human resources (HR) and payroll operations must adapt to changing workforces and regulations. Explore the top payroll trends and learn how they could affect your small business. Key payroll insights: Businesses continue to transition to online payroll software as the market size sees stable growth. Back-office payroll processes must adjust to flexible workforces, including hybrid and remote staff across borders. Payroll and payment accessibility attract members of the […]

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Webinar: The Source – Embracing Technology To Navigate the Future of HR | October 3, 2023 @ 12pm EST

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Join 3Sixty Insights’ Pete Tiliakos and other guest for a special episode of The Source to explore the evolving landscape of HR technology and its ability to support HR leaders as they navigate the unknown. You’ll gain insights into adapting your planning approach to embrace uncertainty and discover new approaches to designing benefits and engagement programs that appeal to the wide range of expectations across generations. Register for a transformative session to navigate the intricate relationship between technology, HR and the future of work. This episode will cover How the speed of technological advancement should impact your investment in HR, HR technology, benefits programs and the way you pay The future of the workforce and what it means for your company How HR technology enhances […]

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Podcast Series: The Source presented by DailyPay

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Pete Tiliakos, a highly-respected payroll and HCM industry influencer, analyst, and thought-leader hosts the DailyPay podcast “The Source”. “The Source” features top financial executives, policymakers and thought leaders in the industry where they share their expert insights and opinions on the latest regulatory, compliance and overall business insights fueling the payroll and HCM industries. Listen and Learn more here: https://www.dailypay.com/resource-center/podcasts/

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GEIO Aims To Mature a Chaotic Global EoR Marketplace

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The accelerating demand for global workforce solutions has fueled one of the fastest-growing and seemingly endless pools of opportunity in the modern HR services marketplace. A convergence of workforce trends is driving a massive boom in organizations seeking and engaging globally capable solutions like the global employer of record (global EoR) model to support their needs and facilitate strategic ambitions. Rocket fuel may be the more appropriate metaphor for the growth seen in global EoR adoption; some have pontificated this is more a ‘bubble than a boom,’ but let’s table that topic for another day. There are still oceans of TAM available, and I find in my advisory that often, few firms find themselves competing for the same pipelines (which are packed). There is still […]

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Decusoft Guest Blog Article: Compensation Planning: Where Complexity Meets Opportunity

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The context Anyone leading a compensation team or function is keenly aware that ‘comp planning’ activities can take the most time, and surrounding complexities can be plentiful. This is largely due to featuring the most ‘what if’ iterations, and involving the most reviewers, approvers, and communications protocols, all governed by extreme data confidentiality and sensitivity. These aspects speak to process complexity, and that’s before we bring in many other dimensions. These include new or changing comp elements, eligibility rules, salary increases and total comp guidelines, and the processes needed for collecting, matching, and incorporating market pay rates. Additionally, adjustments to market data guidance might be necessary to reflect the pressing or urgent needs of a business, such as when internal/external skills shortages exist that require […]

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Five Key Takeaways from The Global Employer of Record Report 2023

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I recently had the privilege of partnering with atlas to co-author “The Global Employer of Record Report 2023”, a first-of-its-kind report that explores key trends and insights shaping the future of work and the growing importance of the agility-rich Employer of Record (EOR) service model in the modern HCM ecosystem. The report includes insights and emerging trends for HR leaders to consider over the coming year, regional workforce trends, employer of record service adoption details by geography, and key considerations in navigating the current global landscape as an HR decision-maker. Download the report here: https://rb.gy/q0z2y Below are my Top 5 takeaways from the report. 1. Expect a headwind of volatility. Employers face a headwind of volatility and economic, geopolitical, environmental, and technological disruption. Navigating today’s […]

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Payroll’s Inflection Point

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As the curtain closes on the 27th annual National Payroll Week, I felt it was a good opportunity to reflect on the current state of payroll and the future of the critical process and profession, which is reaching its much-needed inflection point. More importantly, to highlight why prioritizing the critical process and profession as a central element in the broader HCM strategy is vital to enabling organizational agility and elevating the profession from its simple processor stigma to a strategic advisor and center of expertise (COE). So close…yet still so far Payroll has come a long way from its stone tablet and paper journal roots. Tabulating machines must have seemed like the future in the late 1950s to the few organizations with access to them. […]

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Case Study Vignette: Harri – Helping a Private Equity Fund Protect and Grow the Value of Its Restaurant Investments

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Private equity can be a tough business. So is the restaurant industry. Imagine combining the two. A private equity firm first and foremost must have wealth. And it must be adept at conserving and building that wealth. Those are the main criteria for success. As for running a restaurant, the margins can be thin. This is why, for any restaurant, among the most time-consuming activities (and greatest operational costs) are those associated with employing people effectively and compliantly. Scheduling is a big one here. Putting together employees’ hours is another. With non-exempt staff’s fluctuating hours and toggling between workweeks considered part-time and full-time under the law, benefits administration can be a big challenge, too. At a restaurant, these operational costs have a way of easily […]

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3Sixty Insights Anatomy of a Decision

Anatomy of a Decision: Harri’s Consultative, Collaborative Approach Equips Restaurants to Manage Growth and Support Employee Experience

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What You Need to Know Growth and expansion are priority goals for restaurant owners. With these goals come many questions about how to grow. How do I manage multiple locations? How do I communicate directly with employees? How do I streamline employee onboarding? How do I remain compliant with labor regulations in each state? How do I make it easy for employees to see schedules, trade shifts, and communicate with managers? Finding efficiencies and creating repeatable processes for performance management contribute to answering all of these questions and to driving a restaurant business toward future growth. 3Sixty Insights’ discussions with users of Harri show that the vendor and its HCM software suite help keep restaurants running smoothly and consistently from one location to hundreds and […]

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Engaging the Human Side of Payroll with Earned Wage Access

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With Missouri and Nevada, each passing legislation in recent weeks aimed at establishing standards for the earned wage access(EWA) industry that will ensure consumer protection, transparency, affordability, and inclusiveness for the financial wellness tool, I thought it was fitting to share a blog I wrote a year ago highlighting the human side of payroll and the impact of EWA on users and their organizations. While many employers have adopted and realized the positive impacts of offering employees modern digital pay methods like on-demand pay for earned wage access, many more are still holding out, often viewing these digital innovations as simple fads that will eventually go away. Surprisingly, payroll leaders and practitioners often drive the heaviest pushback to these innovations. Understandably so, given the compliance […]

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Research Note: Experienced People Leader Chooses Ceridian Dayforce for HR Transformation

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What You Need to Know Key to the long-term success of any business-to-business vendor are its advocates out in the field: professionals who insist on attesting to their positive experience working with any particular vendor and that vendor’s product. For providers of cloud software for human capital management, when these testimonials encompass the intertwinement of their technology with the aspirations of exemplary people leaders, the stories are especially powerful. Whenever HCM software transforms HR, lifting it out of the doldrums and frustrations of out-of-control operational HR and into a new place where people leaders have the administrative part of their charter tamped down and can indeed lead people, it’s a story that demands to be told. In the spirit of amplifying one such testimonial, this […]

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Immedis: Memoirs From the Outside Looking In

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“The days are long, but the years are short.” ― Gretchen Rubin, New York Times Best-Selling Author Many of us have heard some rendition of this saying. Plenty of us have thought the idea with no prompt whatsoever. The version above encapsulates the concept as good as any and is attributable to acclaimed author Gretchen Rubin, whose work I have not read. Surely her books must be profound. What else is profound? The trajectory of Immedis is. Sometimes, the people you meet when you’re in the thick of starting something new leave an impression that sticks with you. I stopped short of titling this blog post “A Love Letter to Immedis,” because it’s not quite this. Plus, it would be a little bit weird. But […]

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Case Study: Rutherford Investment Company Partners with isolved to Evolve from Operational to Strategic HR

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What You Need to Know We often discuss digitization as a way to facilitate operational HR—the nitty gritty fundamentals, the necessities, the boxes that need to be checked. The assumption inherent in these conversations is that greasing the path for these compliance-oriented tasks will free up time for strategic HR, reducing administrative tedium in favor of higher-level, people-oriented efforts. This journey to HCM maturity is a long series of steps, each at once meaningful and small. It is a path to success we’ve seen unfold time and time again with users of isolved. Put these small steps aside, however. Consider also that it’s so often the small things that define the employee experience, always a priority no matter where an organization is in its HCM […]

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Analyst Insight: Insperity Empowers People Leader at CoreRx to Demonstrate HR’s Strategic Value to the Organization

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Six years ago, Kevin Rierson became the very first HR person at CoreRx. In business for 11 years at the time, CoreRx, which now employs approximately 200 people (with some seasonal ebb and flow), is what’s known in the pharmaceutical industry as a contract manufacturing organization (CMO). This means it formulates drug delivery methods, such as tablets and capsules, and moves them through the manufacturing process to be cleared and approved by the FDA. Before Rierson joined CoreRx as the HR director, HR at the company fell under the authority of an “accidental HR person” — in the parlance of human capital management (HCM), someone with another, official role who also happened to be responsible for tactical, operational HR. It’s easy to imagine the result […]

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Insperity Blog – 5 ways a PEO can serve as a strategic partner for midsize businesses

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There are many misconceptions about professional employer organizations (PEOs). Often, one of them is that PEOs only deliver value for smaller businesses. But what about PEOs for midsize businesses with operational challenges? These business owners may ask: What value does a PEO bring to midsize businesses? How can a PEO serve as a strategic partner for growing businesses? How can midsize businesses benefit from PEOs? Once businesses reach the 50-employee threshold, expand into other states and municipalities or hire remote employees who reside elsewhere, they can be subject to more legal and regulatory complexities. Other challenges of growing organizations can also impede, such as business owners’ focus on serving customers and not having sufficient time to allocate toward HR responsibilities. Often, when a business scales up, HR […]

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3Sixty Insights Anatomy of a Decision

Anatomy of a Decision: Frontline Employee Experience Platform Harri Drives Operational and Financial Excellence for Jersey Mike’s Subs

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What You Need to Know At what point does a business pause to consider the costs of managing HR processes on paper and in digital spreadsheets? Where does the push come from to trigger an analysis of manual processes vs. automation? In many cases, manual processes work just fine and a ‘don’t fix it if it ain’t broke’ perspective leaves those processes neglected until a problem arises. Because something is working, however, doesn’t necessarily mean that it’s efficient. What if transitioning human capital management (HCM) processes from manual to automated can save a significant amount of time, money, and frustration for your business? HCM automation enables swift execution of scheduling and recruiting processes that currently consume large chunks of time for businesses. Automation alleviates complex […]

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Professional Employer Organizations: Getting From Operational to Strategic

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When it comes to HR, most small businesses reach a point of reckoning. They finally realize they can’t wing it anymore, whether that be with accidental HR people or inadequate technology — or, for the latter, none at all beyond email, perhaps a shared drive, and standard-issue spreadsheet software. (Believe us when we say, even well past the second decade of the 21st century, we still see it all in the interviews 3Sixty Insights conducts with users….) Reaching their senses, small businesses eventually seek structure for all the complexities and red tape associated with the management of the employment of people. This is when they may call up the services of a typical professional employer organization. Most of the time, these employers are stretched as […]

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#HRTechChat: Marta Weinstock, Senior Director of Operations at Rutherford Investment Company

#HRTechChat: Marta Weinstock, Senior Director of Operations at Rutherford Investment Company

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Marta Weinstock, my guest for this episode of the #HRTechChat video podcast, is senior director of operations at California-based Rutherford Investment Company. Part of her charter at Rutherford Investments is to get human capital management as efficient as possible. Under the aegis of her leadership and the help of isolved, the employer’s journey along the road to HCM maturity has been sweeping and inspiring. With isolved, Marta has brought order to a previously dysfunctional, disorganized HR ecosystem. Leading the charge for digital transformation from the inside, Marta has witnessed first-hand not only the excellent capabilities found in isolved’s software-as-a-service People Cloud™, but also the highly attentive approach of isolved’s HR services team. Our #HRTechChat Series is also available as a podcast on the following platforms: […]

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3Sixty Insights Monthly Research Recap | June 2023

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Latest Research: Research Note: The Cloud Connectors – Asking the Right Questions and Getting From Here to There With a Sound Integration Strategy 3Sixty Insights spoke at length with subject matter experts at The Cloud Connectors. Contrary to what buyers may have been told, solution providers have far from solved the challenges innate to cloud-to-cloud integration. This Research Note explains why vendors of technology for HCM must carry out an integration strategy that lasts the full lifecycle of their software deployments. Research Note: The Professional Employer Organization: Operational Solution and Strategic Partner for HR Departments in the Midmarket Historically, professional employer organizations (PEOs) must combat the notion that they’re mostly just for small businesses looking to solve for tactical needs in HR. This research note […]

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