Feb 02 2025 45 mins
Welcome to Episode 143! In this episode, we dive deep into hybrid work models and their impact on payroll. We discuss the complexities surrounding time tracking, overtime for hourly employees, compliance issues across different states, and the challenges of ensuring equitable pay. We also introduce a new financial fitness challenge, aiming to boost our savings through creative means like side hustles and smarter spending. Additionally, we touch upon the importance of staying organized in payroll processing, leveraging technology, and more. Special shoutout to our sponsors TimeTrack Go and Bamboo HR. Tune in for insights, tips, and some eye-opening statistics around hybrid work and payroll.
00:00 Introduction and Establishing Nexus
00:16 Hybrid Work Models and Payroll Impact
00:49 New Year Resolutions and Personal Growth
01:51 Financial Fitness Challenge
02:46 Creative Side Hustles and Savings
03:28 Investing and Saving Strategies
09:59 Organizing for Success
11:46 Sponsor Message - TimeTrakGO
14:09 Hybrid Work Models and Compliance
21:02 Hiring Challenges and Financial Implications
21:48 Minimum Wage and Payroll Complexities
22:30 Technology Support for Remote Work
23:56 The Rise of Hybrid Work Models
25:58 Location-Based Compensation
27:13 Tracking and Paying Remote Workers
29:25 Navigating Compliance in Different States
31:30 Equity and Fairness in Hybrid Models
32:59 Leveraging Technology for Payroll Adjustments
35:25 Community Engagement and Final Thoughts
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