Few things can beat pulling off the monthly Payroll for sheer anxiety. Most employees are blissfully unaware that the paycheck regularly deposited into their accounts is the product of frantic plate-spinning as every deduction, tax calculation and correct is finalized right up to the last minute. It’s something that’s far too easy to mess up.
The good news is that payroll, just like every other aspect of business, is changing in fundamental ways. In the last few years we’ve seen new digital technology penetrate HR systems dramatically and several major trends that already made themselves felt will keep rolling on in 2017.