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ADP payroll data shows that since the onset of the COVID-19 pandemic, the share of “cross-metro” remote workers employed at large firms in the U.S. figure from 2016 to 2019.” Many U.S. The distance between employees and their supervisors has grown steadily since 2020, literally. That compares to an 8.1%
Consider this: the Federal Reserve has shown that 40% of working adults cannot afford an emergency expense costing $400, leaving many working paycheck to paycheck or tapping into savings. .
Maintaining payroll compliance is a must for accounting departments, but it’s often easier said than done. That’s especially true whenever new changes come about, and 2023 was a year rife with new payroll regulations, trends, and initiatives. From the implementation of SECURE 2.0 From the implementation of SECURE 2.0
million 15+ hour independent workers by 2019. trillion in total revenue in 2014, spent more than $150 billon on non-payroll/contractor expenses , and are the primary income source for more than 10 million American households. During this same 4 year time frame, the overall U.S. workforce grew just 1.1%.
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