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Future of payroll: what to expect in 2024

If the past couple of years have been years of remote and hybrid work, 2024 is poised to be the year of managing these workplace flexibilities. This, among other human resources (HR) trends, continues to change the HR landscape and create complex challenges for HR professionals.

Baker Tilly Vantagen managing principal, Kim Wylam, authored an insightful article for about the future of payroll and what to expect this year. The article covers:

  • Trends affecting human resources, including remote and hybrid workers and the role of cultural trends and pay equity
  • Gen Z and Millennials’ impact on the workforce
  • The cost of non-compliance

Key takeaways from the article

  • Remote and hybrid work arrangements aren't going away.
  • Payroll and HR managers are continuing to be challenged with maintaining compliance in every state they have employees working.
  • We can expect a hunger for work-life balance tied to remote and hybrid work to continue, especially as more baby-boomers age out of the workforce and younger employees continue to expect flexibility.
  • The quest for talent will continue to challenge employers, especially with extra light being shed on pay equity and pay transparency issues.
  • The cost of non-compliance can be devastating to employers, leading staying in compliance to be a top priority in 2024 and beyond.
Winding road leads to to the future
Multistate payroll and human resources compliance management

Employer State Compliance Roadmap

Remote and hybrid work are here to stay -- and your company needs to ensure it's up to date with the latest HR and payroll compliance regulations in every state it has employees. Catch up on the latest with Baker Tilly's Employer State Compliance Roadmap.

Kim Wylam
Managing Principal
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