The Untold Story of OysterHR's Payroll Innovation with Matteo Bordin Innovation

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

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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.