October 23, 2024NewsPayroll

Legacy payroll fails flexible workforces–Flex Suite is the fix

by Brett Barlow, CEO of Everee

Gone are the days when a job meant showing up to the same place, working 9-to-5, and going home. Today’s workforce is incredibly flexible, with people taking shifts across multiple locations, for different roles and at different pay rates. If you’re in staffing, managing gig workers, or running operations in industries like manufacturing or construction, you know how important it is to stay on top of this shift. The problem is, traditional payroll systems can’t keep up.

As we move toward a future where nearly half of the global workforce may be contingent by 2030, it’s time to acknowledge that legacy payroll tools are outdated, rigid, and not designed for these dynamic work environments.

Enter Everee and our new Flex Suite—tools that simplify payroll for even the most complex workforces or staffing arrangements. 

Two major shifts are why we saw an opportunity to disrupt a tired industry with payroll software that’s purpose-built for staffing and gig work. 

Worker classification: W-2 workers shaking up contingent payroll

The world of contingent work is more complex than ever, largely because of how workers are classified. While some industries—like rideshare and delivery—still heavily rely on 1099 independent contractors, many sectors now require W-2 employees for their contingent workforces. These W-2 roles demand more oversight, structure, and compliance, especially in industries like construction, manufacturing, healthcare (per diem or traveling nurses), and hospitality.

This shift creates a significant problem: contractor payroll platforms aren’t equipped to handle the W-2 compliance requirements. These platforms lack critical features like tax withholding, year-end tax forms, overtime calculations, and leave policy management. On the other hand, legacy payroll systems were never designed for the flexible, fast-paced nature of contingent work. They can’t handle variable pay rates, workers taking shifts across various locations, or support same-day payments.

This leaves businesses in a bind—either juggle two separate systems to cover their needs or settle for outdated payroll solutions that fail to meet their workforce’s expectations. It’s a no-win situation—and why we built a better way. 

Workers demand faster, more flexible payments

Worker expectations have also evolved dramatically, especially when it comes to how and when they get paid.

Think about it: With apps like Venmo and CashApp becoming mainstream, people expect their money to move fast. Gone are the days when waiting two weeks to get paid was acceptable. Staffing agencies, for example, are no longer just competing with full-time job offers—they’re competing with other gig economy jobs that offer quick payouts.

I recently heard from a healthcare staffing exec who was losing nurses to warehouse jobs at Amazon. Why? Because Amazon paid workers daily. The rate was the same, but the pay frequency made all the difference.

When we surveyed 200 staffing firm recruiters recently, 67% said offering same-day pay would significantly help them attract and retain candidates.

To stay competitive, businesses need to pay workers as soon as possible after a shift–the faster, the better.

Why Everee and Flex Suite are the future of payroll for flexible workforces

At Everee, we’ve built payroll software designed for this new era of work. 

1. Same-day pay for both 1099 and W-2 workers

We are the only payroll solution offering true same-day pay for both 1099 contractors and W-2 employees. This isn’t just a gimmick or earned wage access; we handle a full payroll run—gross-to-net calculations—done instantly so workers are paid accurately and fast. Want to run payroll on Thursday and have everyone paid by Friday? With Everee, it’s not just possible—it’s easy.

This means you can attract top talent by giving them what they want: quick, reliable payments.

2. Compliance and time management, simplified

Managing contingent workers with varied pay rates and work locations is complex. Flex Suite simplifies it all. Our tools handle the intricate web of state taxes, overtime rules, and local compliance regulations automatically, even when workers take shifts in multiple jurisdictions in a single pay period. 

Everee automatically calculates and remits taxes, files year-end forms, and ensures compliance. We also offer custom leave policies tailored to your workforce needs, making sure you stay compliant across the board. If mistakes happen—and they will—correcting over- or under-payments is quick and transparent, reflected immediately on pay stubs to avoid confusion.

Flex Suite also gives you more control over your data with a custom reports builder. You can generate the reports you need to run your business smarter–whether it’s tracking labor costs by location or analyzing overtime costs. 

4. Integrated and customizable platform
We know the candidate and worker experience is everything. If you have your own app, Everee also offers a fully integrated platform designed to reduce development time and provide a seamless, branded experience for your workforce or clients. Our embeddable components, modern REST APIs and webhooks are built for workforce management, not just generic payments.

With minimal code, you can build common workflows like onboarding workers or handling failed TIN verifications, cutting down development costs and time. Plus, our cloud-native architecture means no limits—Everee can handle unlimited workers, transactions, and payments, allowing your payroll system to scale effortlessly as your business grows.

5. Usage-based pricing and payroll financing
At Everee, we believe in flexibility not just for your workforce, but for your budget. That’s why we offer usage-based pricing—you only pay for the workers who get paid or payments you process, rather than a flat fee for everyone in the system. This pricing model is perfect for businesses with fluctuating staff. 

And when cash flow is tight due to extended client repayment terms, Everee Credit provides payroll financing, allowing you to pay your workers today and pay us later. Add in our free pay card option, which eliminates or significantly reduces ACH fees, and you’ve got a payroll system that’s affordable while delivering instant pay to your workers.

Legacy payroll systems were built for a different time, a different workforce, and a different way of working. But that time is over. Flexibility, speed, and compliance are the future. And Everee is leading the way. If you want to know more, check out the video below and book time with us