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Payroll trends to watch in 2022 (Part 1)

ThomsonReuters

Part 1 of this blogpost explains how prevalent payroll is in our daily lives with a focus on key issues in 2022, including worker classification, COVID-19 vaccine mandates, and wage and hour. Read part 2 for more 2022 payroll trends. Worker classification is a big issue for businesses. COVID-19 vaccine requirements for employers.

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ESG Payroll Spotlight: Just Transition for the Workforce Toward a Net-Zero World

ThomsonReuters

Environmental Protection Agency explains that the combustion of fossil fuels (coal, natural gas, and oil) for energy and transportation is the main cause of carbon dioxide emissions, making up 79% of U.S. Climate resilient sectors include transportation, energy, industry, commercial and residential buildings, and agriculture.

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Westgate Resorts: Why Faster Worker Pay Is Key To Reopening

PYMNTS

Employees must be able to meet their own essential needs, especially those in essential sectors like healthcare, transportation and sanitation. Digital alternatives to conventional payroll processes are emerging that allow workers to access earned wages before payday, without the delays and complications associated with paper checks.

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ADP October Jobs Report Misses Optimistic Projections

PYMNTS

Private sector payroll was sluggish in October, according to an ADP report on Wednesday (Nov. Produced by the ADP Research Institute in collaboration with Moody’s Analytics, the monthly report gleans information from ADP payroll data. The numbers missed optimistic projections as coronavirus infections continued to surge.

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PPP Recipients To Lose Valuable Tax Breaks

PYMNTS

Operated by the Small Business Administration ( SBA ), it provides cash for two months of payroll costs. The measure, enacted by Congress in March, allows recipients to use the proceeds for payroll costs, employee healthcare benefits, interest on mortgage obligations, rent, utilities and interest on any other debt.

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Banking-As-A-Service, B2B eCommerce Lead Busy Week For B2B FinTech Funding

PYMNTS

Backers placed the spotlight on everything from B2B eCommerce, to supply chain optimization, to Banking-as-a-Service, but human resources and payroll landed in the top spot in this week's VC roundup. Procurement Partners. The company supports the full purchasing cycle with invoice integration and compliance auditing capabilities.

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Job Growth Continues For Tenth Consecutive Year

PYMNTS

This makes for a decade of steady payroll growth, which is the longest stretch in 80 years, according to a report by The Wall Street Journal. Warehousing, transportation and manufacturing all saw their numbers shrink. economy continues its upward trajectory with 145,000 jobs added in December.

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