Join Vince and Dr. Inman as they focus on various aspects of Human Capital Management (HCM) and payroll processes. They are joined by two incredible guests with decades of HCM experience, Meredith Johnson and Brenda Estrada. Discussions covered:
- Recent and upcoming legislative changes affecting payroll, particularly regarding 401(k) contributions and overtime taxation.
- The complexity of tax systems in different states was examined, highlighting the challenges faced by companies with remote workers.
- The impact of AI and automation on HCM processes was explored, emphasizing the continued importance of human oversight.
- The significance of financial literacy for employees and the need for clear communication about payroll deductions and taxes.
They wrap up by discussing month-end and quarter-end processes. Need some helpful hints regarding staying on top of your payroll and process, don't miss out on this episode.
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