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What are the Key Differences Between SOC and SOX?

Immedis

While both Service Organizational Control (SOC) audit reports and the Sarbanes-Oxley Act (SOX) concern compliance and serve as protective agents for consumers and organizations, there are fundamental differences. Co-location service providers?. Tax service providers?. Global payroll and SOC audit reports . Data centers?.

Payroll 105
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Thankful for a Great 2021:8 Awards in 1 Landmark Year

Payactiv

In the years following, our simple payroll invention reimagined the way people think about financial wellness. The Payactiv app gives them access to comprehensive financial services and more control and flexibility with their earning, spending, and saving. American Business Awards “Company of the Year in Financial Services”.

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The Future of Blockchain in the Payroll Industry

HR Daily Advisor

Blockchain has the potential to disrupt the payroll industry in the next few years, but there is still a lot to learn about how it can and should be used. Paychex’s Frank Fiorille breaks down the basics of blockchain, its uses in the payroll industry, as well as benefits and risks. How can blockchain be used in the payroll industry?

Payroll 43
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Case Study: Buy Sod

Paycor

In 2002, three family businesses came together to create a network of sod farms that operate and distribute around the country. But with ten locations and eighteen different payrolls to process, Buy Sod Inc. struggled to manage all their employees on one solution. struggled to calculate payroll taxes on their own.

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Happy Anniversary HR Daily Advisor: Part I

HR Daily Advisor

Wanted: Dr. Dino’s Payroll Taxes. A Florida evangelist and entrepreneur who allegedly paid his employees in cash and labeled them “missionaries” to avoid payroll taxes has been arrested on 58 federal charges, including failing to pay $473,818 in taxes and threatening investigators. Source: PensacolaNewsJournal.com.

Payroll 40
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Finding it hard to attract and retain talent?

Ascender

Hidden in your payroll data are valuable insights into your employees and their motivation to perform. Research by Randstad recruitment shows: Gen Z (born 1995-2002) value training and career development opportunities. How well do you know your staff? The art of retaining staff lies in understanding who they are as individuals.

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Designing Technology for the Workforce vs. HR

Degreed

Solution providers have been developing HR technology for generations. First, there were custom-built solutions (the first business application developed was Payroll). Today, we have software-as-a-service (SaaS) solutions. Thus, vendors added self-service capabilities to their solution.