In the past month, thousands of companies found themselves suddenly transitioning into a remote workforce model. Many of those organizations are now realizing that an employer's responsibilities under those conditions aren't always clear.
The coronavirus pandemic put most companies into panic mode. For a while, you're thinking purely about keeping operations going and moving to a remote model. Once you've figured out the logistics of working from home, how do you then take it to the next level? How do you foster team bonding and corporate culture?
When a major disruption hits your organization, such as the COVID-19 pandemic, everything changes overnight. Your entire business has to suddenly find a new way of operating. Some changes are simpler than others to figure out. For many companies, the idea of sending everyone to work from home is inconceivable.
No system can do it all. That's why companies will often implement multiple solutions from different vendors — such as payroll/HR, time-and-attendance, and ERP. Integrating these systems gives you a strategic benefit from the unique capabilities each application provides. When it all comes together, you have functionality that no single "all-in-one" application can provide.
More than one-third of non-profit organizations are audited multiple times per year. Many of them can spend up to a month preparing for each audit. These organizations spend a lot of time, energy, and money dealing with the fear of audits, because an audit that goes south can mean lost funding, lawsuits, and even the future of the organization.
Companies everywhere, in every industry, are frustrated by payroll. Some of the frustration is self inflicted, with legacy policies or other requirements outside of what a commercially available payroll is able to handle.
In 2020, more construction companies will start outsourcing payroll while also keeping their ERP. It's a trend that we expect to gain momentum over the next several years as payroll technology continues to develop and ERPs focus more efforts on their core functionality (instead of payroll/HR).
Three years ago, employers were in panic mode as President Obama's new Overtime Rule was about to go into effect. The threshold for overtime was being raised, and millions of salaried employees were about to become overtime-elibible. The impact on many businesses would have been seismic.
Contracting with the government can be a bittersweet experience. You get a stable job that pays well, but there’s a cost. For many companies, that cost is enough to keep them away from government contracts.
