The first pillar of helping you build an excellent payroll product is making sure people get paid. But why restrict you to paying out employees in just plain old cash? That’s where Zeal’s new commodity wage component comes in. Now at Zeal, not only can a person be paid with physical goods, like soybeans, corn, or livestock, but we’ve got you covered to make sure non-cash payouts don’t get overtaxed.
With the introduction of commodity wages, Zeal’s added an additional way to make payments to employees, increasing flexibility for our users. Diversifying our payout options allows for you to make a paycheck with something other than cash is stellar, but the tax implications that follow an in-kind payment can be complex. Not wanting to keep you in a box, Zeal takes on the nuances of commodity wages to assure both you and your employees are taxed accurately.
We’re dedicated to giving every business the opportunity to build a payroll product that serves their needs. That’s why there is no such thing as niche at Zeal. If you have an idea for another way to pay out wages or want to take us up on paying out with commodities, crypto, or cash get in touch!
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CTO and Co-Founder
Pranab Krishnan is a technology entrepreneur, machine learning researcher, and co-founder & CTO of Zeal, a staffing operations platform that makes it easier for staffing companies to onboard, pay, and bill. Based in San Francisco, Pranab leads Zeal’s technical vision, oversees the engineering team, drives product architecture, and ensures the platform scales to support high-volume staffing operations. Prior to Zeal, Pranab worked in machine learning engineering at MITRE and as a bioinformatics fellow at the National Institutes of Diabetes and Digestive and Kidney Diseases (NIDDK). He also served as a data analyst at The Wharton School. He is a Y Combinator alumnus through Zeal’s inclusion in the YC Summer 2019 cohort. Under his technical leadership, Zeal has secured $30M in funding. Beyond his day job, Pranab engages with the broader fintech and startup community, shares insights on product engineering and embedded finance, and contributes to discussions around scalable infrastructure, compliance automation, and fintech innovation.
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