The hottest Payroll Substack posts right now

And their main takeaways
Category
Top Finance Topics
Concepts of Finance 🧠 179 implied HN points 24 May 23
  1. Many people struggle to understand their payslip, which is a common document. Knowing how to read it can reduce anxiety about money matters.
  2. A payslip contains important information like your gross pay, deductions, and net pay. Gross pay is what you earn before deductions, and net pay is what you take home.
  3. Payslips often include abbreviation codes for pay and deductions. It's helpful to know these terms to fully understand your earnings and any deductions from your pay.
Ironsides Macroeconomics 'It's Never Different This Time' 98 implied HN points 04 Apr 23
  1. The strong headline payroll gains in January and February may be misleading, as demand for labor is slowing.
  2. There are concerns about the labor market catching up due to manufacturing and housing contractions, slowing services demand, and potential issues with small business employment measurement.
  3. The consistency in patterns shown by ADP and NFIB reports compared to the BLS model raises skepticism about the strength in headline payrolls for January and February.
OpenTheBooks Substack 228 implied HN points 30 Jun 23
  1. President Joe Biden's White House has seen a significant increase in staff and payroll costs since taking office.
  2. The turnover rate in the White House staff has been high, with a notable increase in employees from the previous year.
  3. Top-paid White House staffers include individuals in key roles such as policy advisors, with varying salaries and responsibilities.
Equal Ventures 59 implied HN points 20 Apr 23
  1. Verticalized payroll offerings can provide industry-specific features and better service than horizontal players, creating additional monetizable opportunities.
  2. Industries with complex compensation structures, like real estate and insurance, are potential fits for vertical payroll models due to the unique payment systems.
  3. Traits that make a market ripe for a vertical payroll business vary, but complexity in payment structures and workforce dynamics are often attractive qualities.
James Ledbetter's FIN 0 implied HN points 11 Nov 24
  1. AI is really changing how payroll works by helping to easily extract data from documents. This makes processing payroll much quicker and easier for companies all over the world.
  2. Younger employees want more digital benefits and flexibility in how they get paid. Companies like Papaya Global are trying to meet these demands with new features like employee wallets for better control of their money.
  3. Many traditional companies are still using outdated spreadsheets for payroll. They need to adapt quickly to new technology and regulations to keep up with modern business demands.
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