Payday HCM Blog

Patrick Sanders

Patrick has worked for Payday HCM since 2012, with a career that has spanned multiple responsibilities in the sales arena. He now maintains a 300+ client portfolio with a 98% retention rate. Patrick works diligently to determine the optimal utilization of our software, manages ongoing quality assurance, and brings best practices to Payday HCM’s clients. Patrick graduated with a Bachelor's in Business Administration, with a concentration in Finance, from the Anderson School of Management at the University of New Mexico. Having spent the decade since graduating meeting and partnering with entrepreneurs throughout New Mexico, Patrick firmly believes Payday HCM brings national Fortune-500 level service and technology to the New Mexico marketplace.

Debunking 4 January 1st Myths About Payroll Changes

Sep 25, 2023 10:00:00 AM / by Patrick Sanders posted in HCM, Payroll, Payroll Security, J1, January 1st

You've probably heard it countless times: "Let's wait until January 1st (J1) to make payroll changes." This widely accepted belief could be costing your business valuable time and resources. And it seems this “myth” has...

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Why Did My Renewal Benefits Increase in Cost?

Sep 22, 2023 10:00:00 AM / by Patrick Sanders posted in Employee Benefits, Employees, Employee Retention, Health Benefits

Employee healthcare and retirement benefits can be complex, especially when faced with unexpected cost increases during renewal periods. Understanding why these increases occur is important for both employers and...

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5 Ways to Make Your Employee Benefits Package Competitive

Sep 20, 2023 10:00:41 AM / by Patrick Sanders posted in Employee Benefits, Employees, PTO, Employee Retention, Employee Well-Being, Employee Experience, Competitive Benefits Package, Health Insurance, Health Benefits

Ignoring the importance of a competitive benefits package can create real problems for your organization. A poor benefits offering can lead to high employee turnover, low morale, and difficulty attracting quality...

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HMO vs PPO: Which is Better for My Employees?

Sep 18, 2023 10:00:00 AM / by Patrick Sanders posted in Employee Benefits, Competitive Benefits Package, Health Insurance, Health Benefits

Choosing the right health coverage plan is a business's most complex yet crucial decision. Make the wrong choice, and you risk not only the well-being of your employees but also a potential financial drain — adversely...

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PayDay HCM: Benefits Solutions for Businesses

Sep 15, 2023 10:00:00 AM / by Patrick Sanders posted in Employee Benefits, Health Insurance, Health Benefits

Your business benefits plan choices can echo throughout your organization, affecting everything from your financial stability to employee morale. Every option has pros and cons, but how do you determine the fit for your...

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Difference Between Good and Great Benefits Brokers

Sep 11, 2023 12:12:45 PM / by Patrick Sanders posted in Employee Benefits, Employees, Health Insurance, Health Benefits, Broker

Your Human Capital Management (HCM) decisions affect your organization's future. Choosing a benefits broker is an important decision — they help improve employee satisfaction, engagement, and retention. In some cases,...

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