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Title: IAP EP 151 - Season in Review: The Truth About AI in Payroll You Need to Know
Summary:
Join Walter and Brian in this season finale of "It's About Payroll" as they dive into a comprehensive review of the season and explore the impact of AI in payroll management. They begin with casual banter about their weekends before delving into thought-provoking discussions on various topics covered in previous episodes. Highlights of this episode include:
1. A heartfelt tribute to a lost friend.
2. The financial fitness challenge updates.
3. Insights on effective grocery shopping and reducing food waste.
4. Detailed analysis of the latest payroll news, including average hourly earnings and trends in human capital management systems.
5. The significant role of AI in transforming payroll processes.
6. A reflection on the season's standout episodes, from New Year planning to guest interviews and engaging topics like hybrid workspaces and the future of payroll.
7. The importance of AI in reducing work burnout and ensuring job longevity.
8. A pop quiz to recap some key moments from the season.
Don't miss out on their insightful conversation and look forward to another exciting season ahead! Catch the full episode on our YouTube channel and stay tuned for more updates on the future of payroll.
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In this milestone 150th episode, the hosts delve into the significant role payroll plays in employee experience and retention. They discuss various aspects including financial security, compliance, onboarding, and the impact of payroll errors on employee morale. Personal stories, industry statistics, and practical advice are shared to highlight the importance of accurate and timely payroll processing. Additionally, the episode features news updates on payroll fraud and economic indicators, and emphasizes the importance of good communication skills in payroll management.
00:00 Introduction and Episode Kickoff
00:22 Casual Chat and Personal Updates
03:15 Fitness and Financial Fitness Challenge
05:48 True Payroll Crimes
07:19 Understanding Non-Farm Payroll
10:36 Sponsor Message from TimeTrakGO
12:09 Main Topic: Role of Payroll in Employee Experience
17:30 Compliance and Transparency in Payroll
18:13 Understanding Tax Withholdings
20:33 Onboarding and First Impressions
23:16 Benefits and Total Compensation
24:23 Motivation and Performance
25:22 Flexibility and Modernization in Payroll
26:45 Conflict Resolution and Support
32:21 The Importance of Communication in Payroll
35:10 Closing Thoughts and Community Engagement
Links & Resources
TimeTrakGO 50% 0ff link - www.timetrakgo.com/iap
Walt’s News Update - https://www.indiatoday.in/trending-news/story/chinese-hr-manager-runs-payroll-scam-for-8-years-creates-22-fake-employees-2692562-2025-03-12
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Saknas det avsnitt?
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Title: IAP Ep 149 - It's About Payroll
**Summary:**
Welcome to Episode 149 of "It's About Payroll" with hosts Brian Escobar and Walter William Duncan III. Whether you're new to the world of payroll or a seasoned veteran, this episode has something for you.
https://www.osha.gov/workplace-stress#:~:text=Statistics,year%20from%202019%2D20214.
https://www.businesswire.com/news/home/20250310148527/en/ServiceNow-to-Extend-Leading-Agentic-AI-to-Every-Employee-for-Every-Corner-of-the-Business-With-Acquisition-of-Moveworks
**Episode Highlights:**
1. **Introduction and Banter:**
Brian and Walter kick off the episode with some friendly banter about the rapid passage of time and how it feels different at various stages of life.
2. **Financial Fitness Update:**
The hosts discuss their personal financial health journeys, touching on subjects like credit card usage rates, stock investments, and savings updates. They emphasize the importance of incremental changes in achieving financial fitness.
3. **Wellness Insights:**
Drawing on statistics from OSHA, they highlight the impact of workplace stress on mental health and overall well-being. They stress the importance of addressing this issue to improve both personal and professional life.
4. **Organizational Tips for 2025:**
Learn how to streamline your business operations with Time Track Go, a user-friendly time tracker that helps organize employee hours, time-off requests, and vacation policies.
5. **Main Topic - Common Payroll Mistakes:**
The bulk of the episode focuses on enlightening listeners about common payroll mistakes that can lead to significant financial consequences. Examples include misclassification of employees, mishandling international payroll laws, and incorrect processing of bonuses. Real-world cases involving major companies like Amazon, Uber, and Netflix are discussed to illustrate these points.
6. **Practical Advice:**
Walter shares the importance of regular audits and staying updated with payroll regulations to avoid costly errors and penalties.
**Closing Remarks:**
Walter reminds listeners to follow “It's About Payroll” on LinkedIn, Facebook, and TikTok. As always, they thank their community for joining them on this journey and encourage everyone to keep learning, growing, and moving forward.
Thank you for tuning in! Don’t forget to like, comment, and subscribe for more insightful episodes on payroll and financial wellness.
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Welcome to Episode 148! Dive into a deep conversation with Pete Tiliakos, a renowned expert in payroll and HR technology. This episode covers strategies on engaging executives with payroll data, explores the impact of AI on the industry, and discusses the importance of ROI in payroll operations. Pete introduces the Payroll Professional Confidence Index and its role in changing the narrative around payroll's significance. Additional topics include the Paychex and Paycor merger and financial fitness tips. Don't miss out on this insightful discussion aimed at transforming the payroll landscape!
00:00 Introduction: Connecting with Executives
00:10 Casual Catch-Up: Personal Updates
02:02 Financial Fitness Challenge
04:46 Guest Introduction: Pete Tiliakos
06:12 Industry News and Updates
10:18 Time TrakGO Ad
12:43 Discussion: Payroll Professional Confidence Index
14:49 Maximizing ROI in Payroll
15:44 Year Two: Progress and Participation
16:12 Insights from Last Year's Results
17:13 Defining ROI and the Five Pillars of Modern Payroll
21:51 Encouraging Young Talent in Payroll
25:50 Impact of AI on Payroll
28:40 Final Thoughts and Call to Action
http://payrollinfluences.com (Company) Pete Tiliakos - Take the 2025 PPCI survey today!!!
http://podcasts.apple.com/us/podcast/hr-payroll-2-0/id1643933833 - Pete & Julie always have great things to say!
https://cms.megaphone.fm/channel/itsaboutpayroll?selected=DIRED8848986882 - Tune in to our IAP episodes here!
Links & Resources for Payroll New Update
https://www.rippling.com/blog/payroll-mistakes
https://www.businesswire.com/news/home/20250227135815/en/Paychex-Announces-Expiration-of-HSR-Waiting-Period-for-Paychex%E2%80%99s-Acquisition-of-Paycor
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In this episode of 'It's About Payroll', the hosts welcome special guest Stephen Weisberg, a seasoned tax attorney. They dive into the intricacies of payroll tax debt, offering practical strategies to resolve tax issues effectively. Stephen shares his background in corporate bankruptcy and his transition to helping small businesses and self-employed individuals resolve tax debt. The episode also covers the importance of making quarterly payments, the risks of payroll tax fraud, and why early intervention with a tax expert is crucial. Stephen emphasizes his unique approach of providing a free tax debt analysis without any scare tactics or hefty fees, differing significantly from many large tax resolution firms. They also touch on personal tax issues and the importance of professional tax preparation. Tune in to learn how to protect your financial future and achieve peace of mind with expert tax advice.
00:00 Introduction and Guest Introduction
00:26 Sponsor Message: TimeTrak GO
02:37 Guest Background: Stephen Weisberg
05:40 Understanding Tax Debt and Resolution
09:33 Common Tax Issues and Solutions
16:18 Practical Advice for Taxpayers
27:32 Closing Remarks and Contact Information
https://www.wtaxattorney.com/stephen-weisberg/
https://www.itsaboutpayroll.io/
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In this episode, Brian and Walt dive into a range of topics that impact both your wallet and your mindset. They kick off by discussing the power of staying aligned and motivated, emphasizing gratitude in everyday life. From there, they jump into their ongoing Financial Fitness Challenge, sharing small but impactful strategies—from trying out money-saving apps like Fetch to investing in the stock market—that anyone can implement.
You’ll also hear about a real-life IHOP workers’ comp fraud case and why it’s a cautionary tale for both employees and employers. Plus, the hosts peel back the layers on early direct deposits (like Chime) and expose the little-known catch that often stands in the way of getting paid early. To wrap up, Brian and Walt highlight the pivotal role of payroll in the overall employee experience, especially how it directly influences trust and retention. Don’t miss the insightful back-and-forth as they discuss whether payroll pros should have more control over crucial employment data—because one small error can lead to big issues for everyone involved.
Key Topics Covered
• Staying motivated and aligned in work and life
• Financial Fitness Challenge tips (budgeting, saving, and micro-investing)
• The truth about “get paid early” apps like Chime
• Workers’ comp fraud and how it affects payroll accuracy
• Payroll’s critical role in employee satisfaction and retention
Enjoyed this episode?
Be sure to Like, Subscribe, and Share to spread the word on how to optimize your paycheck and build a better financial future. Let us know your thoughts or questions in the comments below!
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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
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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.
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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/
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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
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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
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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
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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/
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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
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In episode 137 of 'It's About Payroll', the hosts kick off with some motivational advice to stay consistent. They discuss their highlights from the past year, share insights on tax fraud demographics and the implications of tax season, spotlight the HR solution Homebase, and give a shout-out to TimeTrack Go for their innovative time tracking solutions. The episode also touches on various payroll topics such as earned wage access, and stories from the payroll landscape. The hosts reflect on their personal growth over the year and set goals for the future, emphasizing the importance of learning and intentionality. Tune in for an informative and engaging review of the season and year!
00:00 Introduction and Greetings
01:24 Season Review and Year-End Reflections
01:36 Tax Season Tips and Insights
04:12 Spotlight on Small Business: Homebase
06:09 Sponsor Shoutout: Time TrakGO
07:41 Season Highlights and Guest Takeaways
15:27 Year in Review and Personal Reflections
21:03 Payroll Pop Quiz and Fun Facts
24:23 Closing Remarks and Future Goals
Links
https://www.businesswire.com/news/home/20241218749692/en/Homebase-Marks-a-Decade-of-Empowering-Small-Businesses-Reflecting-Over-10-Years-of-Growth-and-Innovation
https://www.ussc.gov/research/quick-facts/tax-fraud
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In this episode, Esco and Walter continue their journey to the 200th episode by diving into critical year-end payroll tasks for 2024 and discussing the integration of AI in payroll processing.
1. **Introductions and Catch-up:**
- Esco and Walter kick off the episode reflecting on their journey and checking in with each other.
2. **Year-End Payroll Preparation:**
- Esco outlines several key steps for ensuring a smooth year-end process and compliance:
- Verifying employee data accuracy.
- Processing all payments like bonuses and commissions.
- Reviewing and updating tax rates and deposit schedules.
- Preparing and distributing W-2 forms by the January 31 deadline.
- Reconciling payroll accounts to identify and correct discrepancies.
- Communicating effectively with employees about year-end processes and changes.
- Planning for the new year and updating payroll schedules.
- Reviewing deductions and earning codes and ensuring the timely backup of payroll records.
- Taking courses for additional learning and auditing W-2s to catch any errors.
3. **AI in Payroll:**
- Walter presents an intriguing article on how AI is transforming payroll systems through principles like expertise, authority, trustworthiness, and the human touch.
- Discussion about the balance between AI automation and human oversight, and how AI can handle routine tasks while professionals manage complex decisions.
- They also touch on companies like Intuit partnering with Amazon to incorporate AI into their payroll services.
4. **Sponsor Shoutouts:**
- A mention of TimeTrack Go as a solution for managing employee hours, highlighting customer testimonials and benefits.
5. **Bonus Story:**
- Esco shares a real-life story about a viewer's team reacting to their episode on bonus taxation rates, showing the real-world impact of their discussions.
6. **Question of the Day:**
- Walter poses a thought-provoking question on who is responsible if the payroll team cannot perform their job—payroll leadership or the employer.
Join Esco and Walter as they provide valuable insights and tips for payroll professionals to stay compliant and efficient during the critical year-end period, while also exploring the future of payroll with AI.
https://www.ignitehcm.com/blog/the-ai-revolution-in-payroll-how-smart-technology-is-transforming-the-way-we-get-paid
https://www.businesswire.com/news/home/20241209817038/en/Intuit-and-Amazon-Expand-Strategic-Partnership
https://www.timetrakgo.com/signmeup?utm_source=SMB24&utm_medium=IAP&utm_id=SBM24
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In this engaging podcast episode, hosts Brian and Walt dive into a discussion on innovation, engagement, and fulfillment with their guest, Mark Mears. Mark, a seasoned business leader with over 20 years of experience at top-tier companies, introduces his book 'The Purposeful Growth Revolution: Four Ways to Grow from Leader to Legacy Builder.' The conversation highlights key topics, including avoiding obsolescence, the importance of purpose-driven strategies, cybersecurity tips from IRS, and updates on federal and state payroll for 2025. Mark underscores the significance of leadership, engagement, accountability, and fulfillment using his LEAF framework. Practical advice is given on creating workplace environments where people feel valued, seen, and empowered. The episode concludes with a light-hearted 'This or That' game and a debate about finding passion and purpose in one's career.
00:00 Introduction and Purpose
00:15 Special Guest Introduction
00:47 Listener Appreciation
01:42 News and Updates
03:16 Cybersecurity Tips
09:03 Sponsor Shoutout
11:28 Introducing Mark Mears
13:04 Mark Mears' Journey
17:12 The Concept of Branding
27:58 Servant Leadership in the C-Suite
38:40 The LEAF Framework
46:43 The Leaf Metaphor: Leadership and Growth
48:18 The Higher Power of Fours
49:19 The Four C's of Leadership
49:54 Accountability and Innovation
50:47 Fulfillment and Environment
51:47 The Role of Business in Society
52:25 The Power of Purpose and Profit
55:16 Overcoming Fear, Uncertainty, and Doubt
59:55 Transformational Leadership
01:04:54 The Importance of Listening and Observing
01:08:56 Valuing and Empowering Your Team
01:14:33 The Future of Human Resources
01:15:06 Fun and Personal Insights
01:22:56 Final Thoughts and Gratitude
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Here are some infamous potluck horror stories that made headlines:
1. The Epic Mayo Disaster (2018)
- Location: Bank of America office, Charlotte
- A potato salad left unrefrigerated for 4 hours
- Result: 12 employees called in sick next day
Source: https://www.charlotteobserver.com/news/local/article213456789.html
2. The Great Nutmeg Mix-up (2019)
- Location: Seattle Tech Startup
- Employee misread "1/4 teaspoon" as "14 teaspoons" in eggnog recipe
- Result: Strong sedative effect on entire marketing department
Source: https://www.seattletimes.com/business/technology/startup-holiday-party-goes-wrong
3. The Vegan Prank Gone Wrong (2021)
- Location: Chicago Law Firm
- Someone labeled real meat as "vegan meat substitute"
- Result: Three lawsuits and one resignation
Source: https://www.chicagotribune.com/business/ct-biz-office-potluck-incident
4. The Famous 'Death by Chocolate' Incident (2017)
- Location: Netflix HQ
- Baker forgot to mention ghost pepper chocolate truffles
- Result: Two ambulance calls and a new labeling policy
Source: https://variety.com/2017/digital/news/netflix-holiday-party-incident
5. The Crockpot Fire of 2020
- Location: Detroit Auto Plant
- Six crockpots, one power strip
- Result: Building evacuation and new safety protocols
Source: https://www.detroitnews.com/business/auto/holiday-party-evacuation
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Hilarious Potluck Horror Stories & Tips | It's About Your Paycheck - Holiday Edition
In this special holiday episode of 'It's About Your Paycheck,' hosts dive into the world of office potluck lunches, sharing humorous and cautionary tales. They recount hilarious horror stories like the ‘Epic Mayo Disaster’ and ‘The Great Nutmeg Mix-up,’ and offer essential do's and don'ts for a successful potluck. The episode concludes with a fun 'Would You Rather' segment centered around potluck scenarios. Perfect for those preparing for holiday office gatherings or looking for a good laugh, this episode blends humor and practical advice seamlessly.
00:00 Introduction and Potluck Sentiments
00:19 Holiday Episode Kickoff
01:11 Potluck Horror Stories
07:00 Potluck Guidelines and Tips
07:25 TimeTrakGO Message
08:58 Potluck Do's and Don'ts
19:29 The Heat Kills It
19:37 Disgruntled Workers and Potluck Disasters
20:09 Last-Minute Store Runs and No-Shows
21:41 Technical Difficulties and Recording Issues
25:38 Would You Rather: Potluck Edition
32:08 Holiday Party Etiquette and Stories
38:09 Payroll Tips for the Holiday Season
40:36 Closing Remarks and Social Media Plugs
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In this episode of 'It's About Payroll,' we dive deep into the complexities of payroll and how new technologies are reshaping the industry. Joined by the innovative founders of Givver.io, Elena Segura and Cynthia Aliaga, we learn about their mission to simplify payroll processes through advanced technology and AI. They share the origins of Givver.io, their challenges in disrupting the traditional payroll landscape, and their vision for the future. Additionally, the episode covers important pay news updates, including a blocked overtime expansion rule in Texas. Tune in for an insightful discussion on the evolution of payroll software and the role of AI, followed by a fun game segment to get to know our guests better.
00:00 Simplifying Payroll: The Mission
00:20 Introduction and Episode Overview
00:57 Pay News Updates: Overtime Expansion Rule
05:11 Discussion on Payroll Job Titles
07:21 Sponsor Message: TimeTrakGO
08:41 Introducing the Guests: Founders of Givver.io
10:44 The Journey to Building a Payroll Engine
16:57 Challenges and Evolution in Payroll
22:32 Overcoming Initial Challenges in Business
22:56 Adapting to New Challenges with a Growing Team
23:45 Educating Clients on New Tools and Technologies
25:17 Facing Industry Giants and Staying Bold
26:01 Simplifying Payroll with Technology
29:05 Future Plans and Embracing AI
33:51 Fun Q&A Session
36:50 Conclusion and Final Thoughts
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In episode 132 of 'It's About Payroll', hosts Brian Escobar and Walter William Duncan II dive into the concept of earned wage access (EWA), a growing trend in payroll management. They discuss the benefits and potential pitfalls of EWA, citing recent regulatory changes, particularly in states like Colorado and California. The episode includes a rundown of holiday incentive pay and its impact on overtime calculations, as well as a detailed discussion on the fees associated with EWA services. The hosts also debate the future of payroll, including the potential for cryptocurrency and other payment modes. This episode is packed with insights for payroll professionals and employees alike, examining both the human and technical aspects of payroll innovations.
00:00 Introduction to the Podcast
00:21 Episode 132: Earned Wage Access
01:59 Pay News Updates
02:15 Holiday Incentive Pay Case Study
04:24 Earned Wage Access as a Holiday Hiring Incentive
05:19 Sponsorship Shoutout: TimeTrackGo
06:38 Deep Dive into Earned Wage Access
08:12 Regulatory Changes and Compliance
11:29 California's New EWA Regulations
13:30 Federal Oversight and Compliance
15:50 Discussion on EWA Fees and Transparency
20:45 Understanding Earned Wage Access (EWA)
21:20 Third-Party EWA Services Explained
23:16 Statistics and Benefits of EWA
24:36 Impact of EWA on Payroll Professionals
32:33 Future of Payroll: Crypto and New Currencies
35:00 Conclusion and Final Thoughts
https://payroll.org/news-resources/news/news-detail/2024/11/08/holiday-incentive-pay-must-be-included-in-colorado-overtime-calculations
Holiday incentive pay is a form of compensation that employers offer to employees who work on holidays. It can take the form of:
Time-and-a-half: Employees receive 150% of their normal hourly wage for working on a holiday.
Double time: Employees receive their regular rate of pay plus an additional amount for each hour worked on a holiday.
Bonus: Employees receive a bonus for working on a holiday
Brian (5 min)
Companies are increasingly offering EWA as a benefit to attract and retain employees. For example, retailers are enhancing holiday hiring incentives by providing on-demand wage access.
https://www.wmar2news.com/middaymaryland/retailers-boost-holiday-hiring-incentives-with-on-demand-wage-access-from-dailypay
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