What makes for good payroll infrastructure? 5 things to consider.
In this blog, we take a peek behind the curtain to understand what good infrastructure looks like from an embedded payroll partner. The right partner will be one that can help you compete in the short term with competitive features and fast time-to-value, as well as set you up for long-term growth. In addition to good infrastructure, you’ll want to see a track record of innovation and reliability, as well as a capable team.
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Check Team
The Invention of the Employee Time Clock
The employee time clock was invented by Willard Le Grand Bundy in Auburn, New York in 1888. The value of the clock was immediately obvious to employers, who had the unenviable task of monitoring the arrival and departure times of dozens or hundreds of employees every day to determine how much they should be paid at the end of each pay period. The device's major innovation over a standard clock was that it allowed for a piece of paper, or a card, to be fed into a slot, and when it hit a contact at the back of the slot, the current date and time information would be stamped onto the card.
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Ian Zapolsky
on
May 16, 2023
Could payroll protect your platform during a recession?
When times get tough, businesses are forced to cut costs by eliminating services that they deem non-essential. However, payroll is not one of those services. As businesses tighten their budgets, they are less likely to cancel their payroll service because it’s critical for any business to offer timely and accurate payments to their workers. Said differently, everyone loves (and needs) payday!
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Jim Kohl
on
May 1, 2023
Payroll in the American Whaling Industry
The whaling industry in America grew 1,400% between 1816 and 1850. At its peak in 1880 it contributed $10 million to the United States GDP, making it the fifth largest sector of the economy. However, it wasn't just consumer demand that led to hyper-growth. A unique employee compensation structure also encouraged an entrepreneurial rush to whaling.
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Ian Zapolsky
on
April 7, 2023
The ins and outs of worker misclassification, a guide.
Worker misclassification lawsuits are on the rise. In our latest eBook, we provide some background on the state of worker misclassification today, and identify five key considerations for employers.
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Check Team
on
February 1, 2023
The Unlikely Story of a British Tea Company, the First Business Computer, and Payroll
The development of the electronic digital computer was hastened dramatically by World War II and the accompanying need to quickly and efficiently do things like calculate the trajectories of bombs and rockets, or decode encrypted messages sent by the enemy. The first computer of this kind, dubbed “Colossus,” was developed at Bletchley Park in the U.K. between 1943 and 1945 to help crack Nazi codes.
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Ian Zapolsky
on
January 19, 2023
A Brief History of Payroll: The 16th Amendment
In the years after the Civil War, which was the impetus for Abraham Lincoln to create America's first income tax in 1861, the Federal Government's immediate need for additional tax revenue faded away. Lincoln's income tax was repealed by Congress in 1872, and by the 1880s Washington had paid off all of its Civil War debts and was running at a budget surplus from revenue collected mainly from tariffs on imports.
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Ian Zapolsky
on
December 27, 2022