Why Companies Are Investing BIG in Payroll and HR Tech with Anita Lettink

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Welcome back to "The Payroll Podcast." In this episode, we're delighted to continue our conversation with Anita Lettink, a visionary in the field of Future of Work and Payroll & HR Tech to take a deep dive into Anita’s view of the HR and Payroll Tech landscape. 

Anita has been recognized as a Top 25 Future of Work Global Thought Leader, a Top 10 Innovator, and a Top 100 HR Tech Influencer. She is the founder of HRTechRadar.com and a Partner at Strategic Management Centre.

In 2023, the HR Tech sector saw a tough investment climate, however, despite economic challenges. Investments have continued to flow into Local HCM Suites and Payroll Tech. In this episode, we’ll find out why that is, what still missing from pay tech investments and how these gaps can be addressed to shape the future of payroll.

Key Highlights:

• Investment Shifts: Local payroll solutions are gaining traction over global and compensation tech, driven by regional needs and innovation.
• Strategic Payroll Roles: Payroll professionals can become strategic leaders by mastering compliance and adapting to pay transparency laws.
• EOR Disruption: Employer of Record (EOR) solutions are reshaping payroll with faster, cost-effective global workforce management.
• AI in Payroll: Generative AI shows promise in automating backend tasks but needs better focus on practical applications.
• Payroll System Selection: Clear client-vendor communication is vital to successful payroll implementation, as outlined inAnita Lettink's guide.

Find your ideal candidate with our job vacancy system: https://jgarecruitment.ck.page/691ee4537e

Connect with Anita: https://www.linkedin.com/in/anitalettink/

Nick Day’s LinkedIn - https://www.linkedin.com/in/nickday/

If you need the support of a payroll recruitment agency or a payroll staffing partner to help fill your next payroll vacancy, please please contact me!  I possess over 20 years of payroll recruitment agency expertise and I would love to help! nick@jgarecruitment.com or call 01727 800377

Find out more at www.jgarecruitment.com

Stay tuned for the next episode of The Payroll Podcast, brought to you by Nick Day, CEO at JGA Recruitment, landing soon!

(00:00) Introduction to Anita Letink and Payroll Tech  

(01:55) Investment Trends in HR and Payroll Technology  

(04:11) Why Local Payroll Solutions Are Gaining Traction  

(08:02) The Role of Compensation in Payroll Innovation  

(10:18) Employer of Record (EOR) Solutions 

(17:13) Future Trends in HR Tech and Payroll Investments  

(20:16) Gen AI’s Potential in Payroll Management  

(27:08) Pay-on-Demand: Regional Adoption and Challenges  

(29:56) Can a Truly Global Payroll System Exist?  

(32:13) Anita Letink’s Guide