OneSource Virtual Blog

On April 16, we hosted a panel of payroll experts to provide insight into the state of global payroll. They dove into the trends shaping global payroll, the challenges organizations face, the advantages of a global payroll program, and insights from the payroll director at FICO.

The workforce today is more diverse and complex than ever before. Five generations of workers with different experiences and expectations are navigating a world of work that’s fluctuated between in-person, remote, and hybrid alongside an era of inflation and economic uncertainty.

According to a 2023 Capital One CreditWise survey, 73% of Americans rank their finances as their top stressor in life, ahead of politics, work, and family. The percentage is even higher when looking at millennials (81%) and Gen Z (82%).

Last week, Steph Jarman, customer storyteller at OneSource Virtual (OSV), sat down with Darcey Parker, director of payroll and benefits at CarepathRx, to hear how she’s elevating humanity in payroll.

Another HRWest is in the books, and we’re excited to share what we learned while we were there! So, if you weren’t able to make it this year, you’ve come to the right place to stay in the know. And even if you were there, we’re sure you’ll still find some useful nuggets of information in our recap to share with your team.

No matter your industry, payroll has to be done right, and it has to be done on time—not sometimes, but every time. A single misstep can have severe consequences, affecting employee satisfaction and exposing your organization to compliance risks and reputational damage.

Not long ago, in-office perks like ping-pong tables, free lunches, gym access, and fully stocked snack bars were the hottest thing in corporate benefits.

Payroll has traditionally been viewed as a behind-the-scenes administrative function. But forward-looking payroll leaders know this is no longer the case. Today, payroll can—and should—be viewed as a strategic business partner capable of driving employee engagement and organizational success.