Sasan Goodarzi, CEO of Intuit, recently spoke at HubSpot’s annual Inbound conference and shared his company’s lessons learned from the pandemic. Intuit and IDI are in the same HCM space and have partnered on solutions for mutual clients, so I was excited to attend — and I was not disappointed. Sasan delivered timely lessons from the “forced social experiment” of 2020, which any company can apply.
COVID-19’s impact on the economy has many manufacturers looking for payroll solutions that can improve efficiencies and cut costs. But manufacturing is an industry with unique payroll challenges, and it’s important to find a third-party vendor that can solve your biggest payroll problems.
As the coronavirus pandemic continues to plod along, professional service and project-based companies are taking stock for the long term. It’s clear that the new normal is likely to extend through the fourth quarter of the year and into 2021 — at the very least. That has specific billing and payroll implications for the professional services sector, as they manage billable and non-billable time — as well as salary allocation across projects.
It’s Saturday morning and you’re at your kid’s soccer game, but mentally you’re at work. Yesterday was payday, and the back of your mind is constantly monitoring for the buzz of your phone. You dread the thought of a call from the union steward about a union employee who was paid wrong.
As IDI speaks with our clients around the country, it’s clear that COVID-19 has impacted different regions in different ways. Our clients in New York City have a reality that looks much different from others in Florida or Colorado.
The coronavirus outbreak created a major disruption in the manufacturing industry. Even though manufacturers have returned to work, it still isn’t business as usual. As new COVID-related regulations are introduced and continually updated, manufacturers are facing new payroll complexities.
Nearly 95 percent of nonprofit organizations globally have been negatively impacted by the coronavirus. Funding dropped significantly in the first weeks of the pandemic, placing many nonprofits in crisis mode. While funding has increased since then, the organizations benefiting from it the most are involved in pandemic response.
As businesses start to reopen, many HR leaders will be hiring remote workers for the first time. Hiring remote employees offers several advantages — and now that the coronavirus pandemic has forced businesses to do work virtually, they’re poised to make it work. But onboarding a remote employee has its own challenges to address.
The coronavirus hit the construction industry at the worst possible time: right at the start of the busy season. Now that work is picking back up, many contractors will be making up for lost time, taking on as many projects as possible and bringing on more workers.
Many construction companies have been burned in the past by purchasing HCM solutions that didn’t adequately run their payroll. But technologies are improving, and payroll companies are learning about the unique needs of the construction industry.
