The Source by DailyPay

Head-spinning new requirements for employers to pay workers during the COVID-19 epidemic are confusing and may overlap. DailyPay's The Source podcast provides some clarity. Join Michael Baer, CPP, and DailyPay's Vice President of Public Policy, Matthew Kopko, as they peel back the layers on government attempts to aid affected employers and their workers through required paid time off, loan opportunities and forgiveness so payroll can be maintained.

First, it was employers who wanted to implement a practical, low-cost #dailypaybenefit to reduce turnover and attract workers. Now, nearly three-fourths of respondents in a recent Harris survey say they desire access to their pay when earned, and there is a future not void of paydays, but full of them. Join Michael Baer of DailyPay and his special guest, Joyce Maroney, Executive Director of the Kronos Workforce Institute, as they discuss the late 2019 survey they commissioned, the results and what they mean for paying workers now and into the future.

Listen as host Michael Baer, CPP, talks with payroll leader Lori Brown, CPP, and APA's Director of Government Relations, Bill Dunn, CPP, about the "third wave" of major disruptive change for payroll — access to pay daily. Why and how is this happening? What can payroll professionals do about this change? The speakers address the compliance and systems issues that payroll professionals have identified as potential barriers to adoption, and discuss the latest news in the daily pay space.

In this newest episode of The Source, listen to observations from special guest, author and Forbes contributor, Ron Shevlin, before we focus on the pitfalls of unnecessary financial exposure related to debiting worker bank accounts.

On the surface "constructive receipt" sounds like an "inside baseball" term for accountants. But it's not. Once a payroll payment is received by an employee, businesses become liable for taxes on that income, which can be a problem.

Welcome to The Source where DailyPay CEO Jason Lee discusses the difference between compliant on-demand pay and topics spanning from debiting to neo-payday loans.