IAP Ep 152 - Why the Employee Handbook impacts Payroll

In this episode, the hosts discuss the significance of understanding and utilizing employee handbooks for payroll professionals. They highlight the benefits of maintaining updated handbooks, creating cheat sheets for quick reference, and ensuring front-line managers are on the same page. The episode also covers the financial fitness challenge updates and the importance of tracking expenses. Additionally, the hosts discuss recent payroll news, including the IRS's earned income tax credit anniversary and a funding update for the payroll company Atomic. 00:00 Introduction and Catching Up 01:12 Financial Fitness Challenge 03:10 Payroll News and Updates 05:02 Spotlight on Atomic 08:33 Employee Handbooks and Payroll 16:02 Understanding the Role of HR and Payroll Leaders 16:41 Importance of Consistency in Policy Implementation 17:47 Employee Handbook: Usage and Statistics 20:05 Benefits of Standardizing Payroll Policies 23:11 The Necessity of Financial Literacy in Payroll 25:54 Question of the Day: Handbook Requirement for Payroll Pros 29:10 Final Thoughts and Wrap-Up