Episodes

  • Navigating Manual Checks in Payroll: Tips & Best Practices

    Navigating Manual Checks in Payroll: Tips & Best Practices
    Feb 16 2025
    Are your manual checks causing mayhem? Tune in for some easy solutions! Chapters 00:00 Introduction and Personal Updates 02:25 The Importance of Payroll Implementations 05:17 Financial Fitness Challenge Insights 08:07 National Debt and Payroll Taxes 11:01 Super Bowl Monday and Employee Attendance 13:21 Time Trak GO - Message 13:38 Manual Checks: Definition and Best Practices 19:18 Challenges of Manual Checks 22:49 Future of Manual Checks Learn more about your ad choices. Visit megaphone.fm/adchoices
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    28 mins
  • The Untold Story of OysterHR's Payroll Innovation with Matteo Bordin Innovation

    The Untold Story of OysterHR's Payroll Innovation with Matteo Bordin Innovation
    Feb 9 2025
    Ep 142: Innovations in Global Payroll - Interview with Mateo Borden, VP of Product at Oyster In this episode of 'It's About Payroll', hosts engage in a conversation about football, the challenges faced by NFL teams, and current events. This leads into an insightful interview with Mateo Borden, the VP of Product at Oyster. Mateo shares his journey into the payroll industry, discusses Oyster’s mission to enable global employment, and introduces their innovative payroll solutions. The discussion covers compliance, AI integration, cybersecurity, and the benefits of embracing global employment. Mateo emphasizes leveraging expert local partners and advanced technology to provide seamless payroll operations across the globe. Tune in to learn more about how Oyster is revolutionizing the payroll landscape! 00:00 Introduction and Casual Chat 00:14 Weekend Football Recap 01:44 Current Events and TikTok 03:15 Payroll News and Updates 04:48 TimeTrack Go: Streamline Your Business 06:22 Salary Threshold Issues 10:08 Interview with Mateo Borden 13:32 Oyster's Global Payroll Solutions 26:12 AI and the Future of Payroll 30:43 Closing Thoughts and Farewell https://www.timetrakgo.com/signmeup?utm_source=SMB24&utm_medium=IAP&utm_id=SBM24 http://oysterhr.com/?utm=li https://www.linkedin.com/in/matteobordin2?lipi=urn%3Ali%3Apage%3Ad_flagship3_profile_view_base_contact_details%3Ba1ssunDERGqSmJ9GyQlaqQ%3D%3D Walt (5 min) - As of January 1, 2025, there are a few significant changes that businesses need to prepare for. The IRS standard mileage rate is expected to increase, which will affect travel reimbursements. Additionally, 401(k) and IRA contribution limits for employees are being updated, providing opportunities for increased retirement savings. Furthermore, payroll practices will need to be adjusted to comply with a recent court ruling on overtime pay, which has implications for how overtime is calculated and compensated. For more detailed information, you can check out the full article here. Learn more about your ad choices. Visit megaphone.fm/adchoices
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    37 mins
  • 24 or 26 Paychecks? The Payroll Debate Every Pro Needs to Hear!

    24 or 26 Paychecks? The Payroll Debate Every Pro Needs to Hear!
    Feb 9 2025
    In this week’s episode, Brian and Walt dive into one of the most frequently asked payroll questions: Should you pay employees 24 or 26 times a year? Tune in as they weigh the pros and cons of each pay cycle—from budgeting challenges and cash-flow considerations to employee satisfaction and compliance concerns. They also touch on: W-2 Distribution Reminders: How to handle late arrivals and why going digital might be safer. I-9 Compliance Updates: What remote verification changes mean for your onboarding process. Financial Fitness Tips: Sticking to goals, cutting back on takeout, and dabbling in small investments. Payroll Best Practices: Communication strategies, stakeholder buy-in, and timing your pay-cycle switch for minimal disruption. Whether you’re an HR leader, a seasoned payroll pro, or a curious business owner, this episode offers practical advice, real-life anecdotes, and the latest industry news. Don’t forget to like, share, and subscribe for more payroll insights every week! https://www.businesswire.com/news/home/20250129064168/en/Experian-Launches-Virtual-Service-to-Streamline-Form-I-9-Compliance http://www.timetrakgo.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices
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    50 mins
  • Navigating Hybrid Work and Payroll: Insights and Strategies

    Navigating Hybrid Work and Payroll: Insights and Strategies
    Feb 2 2025
    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 Learn more about your ad choices. Visit megaphone.fm/adchoices
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    45 mins
  • Why regular audits matter in Payroll

    Why regular audits matter in Payroll
    Jan 26 2025
    Join us for Episode 139 as we dive into the importance of payroll audits! In this episode, Walt and Brian discuss the various facets of payroll audits, including common and uncommon audit types, cultural sensitivity considerations, the impact of remote work, and cybersecurity risks. They also explore how integrating automation and AI can improve audit effectiveness. The episode is packed with insights into aligning payroll processes with business objectives, real-world examples of addressing payroll discrepancies, and tips for maintaining a robust payroll system. Don't miss this enlightening discussion that could help you enhance your payroll auditing process for better accuracy and compliance! 00:00 Introduction and New Year Catch-Up 00:55 Personal Reflections and Goals 02:15 Therapy and Self-Care Insights 07:26 The Importance of Audits in Payroll 08:34 HR Audit Case Study 12:07 TimeTrakGO Sponsorship 13:54 Regularly Recurring Scheduled Audits 22:43 Common Payroll Errors: Exempt vs. Non-Exempt 23:40 Data Security and Access Control 25:29 Cross-Functional Collaboration in Payroll 26:50 State-Specific Overtime Requirements 28:28 Uncommon Payroll Audit Considerations 35:07 The Importance of Cybersecurity in Payroll 36:21 The Role of Audits in Identifying Payroll Issues 38:19 Real-World Payroll Audit Examples 43:24 Conclusion and Final Thoughts Learn more about your ad choices. Visit megaphone.fm/adchoices
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    48 mins
  • AI in Payroll: Dreams, Expectations, and Realities

    AI in Payroll: Dreams, Expectations, and Realities
    Jan 19 2025
    Welcome back to 'It's About Payroll' for episode 141! In this engaging discussion, Walt and Brian delve into the exciting topic of AI in payroll. They discuss what they want from AI, such as voice commands, proactive auditing, and more. They also highlight the importance of improving employee experience, compliance checking, and cost-effective solutions. With AI predicted to transform payroll departments within the next decade, this episode is packed with insights on how AI can revolutionize payroll processes. Stay tuned for current events, exciting announcements about free webinars, and much more! 00:00 Introduction and Episode Kickoff 02:27 Current Events and Heartfelt Messages 03:58 Exploring Payroll Trends and Innovations 11:00 Message from our Sponsor 12:37 AI in Payroll: Expectations and Desires 21:12 Voice and Text Input for Payroll Automation 22:10 Tax and Compliance Monitoring 22:34 Distributing Reports Securely 23:16 AI for Routine Automation and Workflow Optimization 24:17 Cost-Effective Solutions and Data-Driven Insights 25:26 Enhancing Employee Experience with AI 26:24 Predictive Maintenance and Compliance 27:15 Wage Compression and Minimum Wage Updates 30:04 Ethical AI and Self-Checking Systems 32:27 Future of AI in Payroll Departments 35:15 Conclusion and Viewer Engagement Learn more about your ad choices. Visit megaphone.fm/adchoices
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    44 mins
  • Under the Table No More: The Payroll Scandal That Rocked New York!

    Under the Table No More: The Payroll Scandal That Rocked New York!
    Jan 12 2025
    In Episode 140, we dive into the intriguing world of payroll crime with a case of negligence in New York. Hosts Brian and Walt discuss the legal ramifications of not withholding taxes, the importance of payroll compliance, and ways to prevent such crimes. Additionally, they share a lighthearted conversation about fantasy football, South Florida's cool front, and the impact of AI in payroll. Don't miss their insightful tips on managing payroll responsibilities and ensuring your business stays on the right side of the law! 00:00 Introduction and Casual Banter 02:39 Top Characteristics of a Payroll Professional 08:07 Industry News: Paychex Rumored to Buy Paycor 10:09 The Future of Payroll: AI Speculations 11:55 AI in the Workplace: Human Involvement Required 13:20 Payroll Changes on the Horizon 13:35 Sponsor Shoutout: TimeTrack Go 14:59 True Crime Case: Employment Tax Fraud 19:50 Key Takeaways and Prevention Strategies 25:38 Debate: Should Payroll Criminals Get a Second Chance? 28:26 Final Thoughts and Farewell https://www.bloomberg.com/news/articles/2025-01-05/paychex-is-said-to-be-in-talks-to-buy-smaller-rival-paycor?embedded-checkout=true https://www.timetrakgo.com/signmeup?utm_source=SMB24&utm_medium=IAP&utm_id=SBM24 https://www.justice.gov/opa/pr/new-york-man-pleads-guilty-employment-tax-crimes https://www.itsaboutpayroll.io/ Learn more about your ad choices. Visit megaphone.fm/adchoices
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    32 mins
  • Shocking Payroll Predictions for the New Year—Are You Prepared?

    Shocking Payroll Predictions for the New Year—Are You Prepared?
    Dec 30 2024
    https://www.timetrakgo.com/signmeup?utm_source=SMB24&utm_medium=IAP&utm_id=SBM24 5 HR Predictions for 2025: This article explores key predictions for HR in 2025, including the centrality of growth in engagement strategies and the strategic implementation of AI. Read more here https://www.businesswire.com/news/home/20241223064493/en/Fiserv-to-Enhance-its-Embedded-Finance-Capability-with-Acquisition-of-Payfare-Inc. New Year Payroll & HR Predictions 2025 | Episode 138 In episode 138, join Brian and Walt as they dive into New Year planning for payroll professionals. The discussion ranges from transitioning to cloud-based payroll solutions, enhancing cybersecurity measures, and the rise of AI and automation in payroll and HR. They also cover workforce planning strategies, employee self-service portals, and the importance of staying updated with regulatory changes. Tune in to get valuable insights and predictions for HR and payroll trends in 2025, along with tips on how to maintain the human touch in an increasingly automated world. 00:00 Introduction and New Year Planning 01:19 Current Events and Bird Flu Concerns 02:21 HR Predictions for 2025 03:31 AI and Its Implications 05:26 Manager Support and DEIB Commitment 07:26 Culture and Mergers in Payroll 09:51 Sponsor Message and New Year Planning Tips 14:40 Enhancing Cyber Security 15:39 Adapting to Regulatory Changes 16:58 Implementing Employee Self-Service Portals 20:56 Preparing for Real-Time Payroll Processing 22:35 Addressing Global Payroll Changes 23:47 Strategic Workforce Planning 24:42 Automation and AI in Payroll 25:00 Employee Well-Being Initiatives 26:11 Balancing Technology and Human Connection 29:52 Concluding Thoughts and Reflections Learn more about your ad choices. Visit megaphone.fm/adchoices
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    35 mins