Adapting Payroll for the Era of Remote and Hybrid Working
The global spread of the pandemic in recent years has transformed the world from what it used to be. The arrival of the New Normal era has prompted everyone to adapt. One significant change worldwide is the shift in the traditional working model. Previously, office work typically meant commuting to the office in the morning and returning home in the evening, at least five days a week – a routine familiar to many salaried workers. However, the world has now embraced new ways of working, such as Work From Home and Hybrid Working.
Hybrid Working has become the new norm for many companies. This change presents challenges for payroll management, requiring companies to find ways to adapt and adjust their payroll processes to align with this new working model.
Online Time Check-In:
Traditionally, companies would track employees' working days through physical card punching or fingerprint scanning. However, with the introduction of Hybrid Working, where employees may not physically be present every day, companies need policies for online time check-ins. This can be achieved through various online platforms, ensuring a clear record of employees' actual working hours.
Recording Working Hours Online:
In addition to time check-ins, companies may implement policies for employees to log their working hours through online platforms. These systems often include features for recording entry and exit times, tracking working hours, and even managing leave requests. This not only facilitates convenient employee use but also aids in accurate payroll calculations.
Clear Hybrid Working Policies:
To smoothly transition into a Hybrid Working model, companies need clear policies. Defining specific workdays for office attendance and remote work, such as three days in the office and two days remote per week, adds clarity. Individualized schedules for each employee can further streamline the tracking of working hours for payroll purposes.
The evolving work landscape may create uncertainties in payroll management. However, leveraging technology, such as AI in payroll accounting software, can significantly reduce the workload and ensure accurate and efficient payroll processing, whether employees work from home or the office.
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