Navigating Hybrid Work and Payroll: Insights and Strategies

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