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Evan Perdikouris: Building High-Performance Teams Rooted in Trust

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EVAN PERDIKOURIS

EDITOR’S LETTER

Pay is Promise. Leadership is Proof.

DearReaders,

Everyyear,ahandfulofleadersquietlychangehowbusinessesthink,operate,andgrow They arenotalwaystheloudestvoicesintheroom,buttheirworkbuildsthefoundationsthat organizationsdependon.“The10TransformativePayroll&LeadershipAdvisorsto Watchin2026”gatherstensuchleaders.Eachhasearnedtheirplacethroughresults,not noise.Payrollandleadershipsitatthecenterofeveryseriousbusinessconversation.When bothworkwell,companiesearnthekindoftrustthatfuelslong-termgrowth.Thisissue celebratesthepeoplewhounderstandthattruthandactoniteveryday

Attheheartofthisissuestandsourcoverstoryfeature:EvanPerdikouris,aseasoned HumanCapitalManagementindustryexecutiveandLeadershipAdvisor.Hiscareerhasbeen guidedbyonesteadyconviction:realperformancebeginswithstructure,growsthrough accountability,andlaststhroughtrust.Asco-founderofapayroll-firstorganization,hehas challengedthetraditionalviewofpayrollasabackgroundfunctionandreframeditasadirect reflectionofoperationalmaturityandleadershipalignment.Hismodelcombinesclear standards,consistentcoaching,andafirmbeliefthatteamsperformbestwhentheyfeelboth challengedandsupported.Hehasshownthatpayrollhandledwithdisciplineandtransparency createsmorethanaccuratepaychecks.Itbuildslastingpartnershipsandgenuinebusiness confidence.Hisrecognitionasatop-performingVicePresidentofSalesandasEntrepreneur oftheYearreflectshisabilitytoleadthroughdisruptionwithoutlosingdirection.Evan’sstory holdslessonsthatanyleader,inanyindustry,canapply.

Thisissuealsoshinesalightonfourotheroutstandingvoicesshapingthefutureofpayroll andleadership:ParkerConrad,servingincustomersupportatRippling;SafwanShah,CEO ofPayactiv,Inc.;SteveGoldberg,HRTechIndustryAnalystandAdvisoratSBGConsulting HRTechAdvisory;andJoshBersin,FounderandCEOofTheJoshBersinCompany

Theleadersinthesepagesarenotjustadvisors.Theyarebuilders.Theyarecreatingthe systems,cultures,andstandardsthatwilldefinehowbusinessestreattheirpeopleforyears ahead.Howacompanypaysitspeoplesaysmoreaboutitsvaluesthanalmostanythingelse. Wehopetheirstorieschallengeyou,pushyou,andremindyouthatgettingthisrightwill alwaysmatter

Sincerely,

Evan Perdikouris

C O V E R S T O R Y

EVAN PERDIKOURIS

BUILDING HIGH-PERFORMANCE TEAMS ROOTED IN TRUST

“ Leadership is behavior, not title.

Leadershipoftengetsreduced tonumbersonadashboardor slogansonawall.Some leaderschaseresultsandforgetthe peoplewhoproducethem.Otherstalk aboutculturebutstruggletocreate measurableprogress.Thetension betweenperformanceandconnectionis real.Thestrongestorganizationslearn howtoholdboth.Formorethantwo decades,EvanPerdikouris,aseasoned HumanCapitalManagementindustry executive,hasoperatedinthatspace.

Hiscareerhasunfoldedthrough leadershiproleswhereexpectations wereclear,andoutcomesmattered. Alongtheway,heformedasteady beliefaboutwhatdrivesreal performance.Itbeginswithclarity Teamsneedtounderstandthetargetand thepathtoreachit.Itgrowsthrough strongsystemsthatremovefrictionand createrhythm.Itstrengthenswith accountabilitythatfeelsfirmbutfair. Anditlastswhentrustrunsdeepacross theorganization.

Earlyexperiencesshapedthisview Evanwitnessedhoweasilybusinesses canfallintothetrapofshort-term victories.Astrongquartercancreate excitement.Asinglebigwincancreate noise.Yetwithoutconsistentstandards andaculturethatreinforcesthem,that energyfades.Hebegantoseethat leadershipislessaboutchasingspikes andmoreaboutbuildingfoundations.

Overtime,thisapproachbecamecentral tohisidentityasaleader.Hefocuseson structurewithoutlosingsightofthe humanelement.Hesetshighstandards butensurespeopleunderstandwhy thosestandardsexist.Hebelievesteams dotheirbestworkwhentheyfeelboth challengedandsupported.Thatbalance hasdefinedhisprofessionaljourneyso far.Itcontinuestoshapehowhebuilds teamsthatdonotsimplyperformfora seasonbutgrowstrongerovertime.

BuildingNexrollonTrustandDiscipline

Hisconvictionaboutpayrollhasremainedconstantthroughout hiscareer.Payrollshouldneverfunctionasabackground commodity.Itholdsweight.Ittoucheseveryemployee.It shapeshowcompaniesearntrustinternally Whenpayroll breaksdown,credibilityfollows.

Evanobservedaconsistentgapintraditionalmodelsafteryears ofworkingcloselywithbusinessesacrosstheHCMindustry. Manyprovidersprocessedtransactionsefficientlybutleft clientsreactive.Communicationfelttransactional.Support arrivedonlywhensomethingwentwrong.Thestructurelacked partnership.

Hecarriedthatconvictionforwardwhenheco-foundedhis owncompany,builttochallengethatpattern.Theorganization operatesasapayroll-firstorganizationrootedindisciplined executionandsteadycommunication.Ittreatspayrollasan operationalresponsibilitythatdemandsprecisionand accountability

Evanexplains, “Payroll is a trust-driven, partnership-focused function. When you handle it with clarity and discipline, you create long-term recurring value instead of short-term fixes.” Thatbeliefnowguideshowheandhisteamservepartners.The focusstaysonstability,consistency,andrelationshipsthat extendwellbeyondasinglepaycycle.

StandardsoverMotivation

Beforelaunchinghisownventure,Evanearnednational recognitionasatop-performingVicePresidentofSales.The titlereflectedresults,buthecreditssomethingdeeperthan talentortiming.Hebuiltperformancethroughstructure.

Hebelievesstandardsoutperformmotivation.Motivationrises andfalls.Standardsstaysteady Whenexpectationsremain clearandconsistent,teamsunderstandwhatwinninglookslike. Thatclarityremovesguessworkandreducesemotionalswings tiedtoshort-termresults.

Coachingalsoplaysacentralroleinhisapproach.Hetreatsit asadailyresponsibilityratherthanaquarterlyexercise.Small corrections,regularfeedback,anddirectconversationscreate steadyimprovement.Overtime,thosehabitscompound.

Evanholdsafirmviewoncultureaswell.“Culturereflects whatleaderstolerate,”hesays.Whenleadersignoresmall lapses,theylowerthebar Whentheyprotectstandards, performancestrengthens.

Healsoemphasizesproactivecommunication.Alignment doesnothappenbychance.Itrequiresrepetitionand transparency.ForEvan,highperformancegrowsfrom repeatablehabitssupportedbyconsistentleadership.

AStructuredApproachtoHumanCapitalManagement

TheHCMmodelEvanhaschampioneddoesmorethan processwagesandmanagecompliance.Itbuildsa structuredoperatingmodeldesignedtoremoveuncertainty fromanareathatoftenfeelsreactive.

Atitscore,thisapproachdeliverspayrollthroughproactive clientcommunicationandclearlydefinedservice expectations.Partnersknowwhattoexpect,whentoexpect it,andwhoisresponsible.Thatstructurereducesfriction andbuildsconfidenceovertime.

Themodelalsocreatesformalpartnershippaths,including alignmentwiththeISOpaymentsprocessingcommunity Thesestructuredchannelsallowpartnerstogrowalongside theorganizationinsteadofoperatingasisolatedvendors.

“Payroll is an outcomes business,” Evanexplains. “When clients experience consistency and clarity, confidence follows.” Thatfocusondisciplineandtransparency separatesthisapproachfromlegacyproviders.Ratherthan layeringadviceontoconfusion,thegoalistobuildan operationalrhythmthatsupportslong-termstabilityand measurableperformance.

PayrollasaTestofOperationalMaturity

Manyleadersstillseepayrollasaback-officetask.Itsits behindthescenes,runsonaschedule,andrarelyenters strategicconversations.Evanchallengesthatview.Hesees payrollasasystemstest.Whenpayrollrunscleanly,it usuallysignalsstrongupstreamworkflows.Timetracking works.Approvalsmoveonschedule.Dataflowswithout confusion.Departmentscommunicateclearly.When payrollbreaks,itoftenexposesdeeperoperationalgaps.

“Payroll is a reflection of leadership alignment,” Evan says. “If your systems are disciplined, payroll becomes predictable. If they are not, the cracks show quickly.” He alsourgesleaderstoremembertheenduser Theemployee expectstobepaidaccuratelyandontime,everytime.That trustmatters.Supportingsolutionssuchasearlywage accessgivesemployeesmoreflexibilitywhenneeded.For Evan,payrollisnotadministrativeoverhead.Itrevealshow matureandalignedabusinesstrulyis.

InnovationThatReducesFriction

Innovationoftengetsconfusedwithspeed.New featureslaunch.Platformsupdate.Companiesrushto showcasewhatisnew.Evantakesaquieterstance.For him,innovationmustreducefriction,notcreateit.He avoidsaddingtoolssimplybecausetheylook impressive.Ifanewsolutiondoesnotimprovea partner’sdailyoperations,itdoesnotbelonginthe system.Growth,inhisview,comesfromrefinement ratherthannoise. “Innovation should accelerate maturity,” Evansays. “If it adds complexity without value, it slows trust instead of building it.”

Thisphilosophyshapeshisgo-to-marketstrategy The teamimprovesonboardingsoclientsstartwithclarity. Itstrengthenspartnerenablementthroughthoughtful integrations.Itinvestsinworkflowautomationthat removesmanualgaps.Clearcommunicationloops ensureissuessurfaceearly.Eachadjustmentaimsto preservereliabilitywhileexpandingscale.The objectiveissteadyprogressthatstrengthensconfidence ratherthanintroducinginstability

“

Strong systems, accountability, and treating people well create lasting performance.

CreativitywithinClearStandards

Buildinghigh-performingteamsrequiresmorethan pressuretodeliver.Evanbelievesstructureandcreativity mustcoexist.Intheteamshehasled,innovationis encouraged,butitoperateswithindefinedstandards.Sales andOperationsteamsworkwithclearscorecards. Expectationsremainvisible.Progressismeasurable.This structurecreatesstability,whichallowscreativityto surfacewithoutchaos.Teammembersunderstandthe boundaries,sotheyfeelsafetestingideaswithinthem.

“Creativity thrives when standards are clear,” Evansays. “When people know the target and own their role, they bring better solutions forward.” Coachingremains consistent,notoccasional.Regularconnectionpointsallow leaderstoguideperformanceandrefinethinking.Evanalso promotesagenuineownershipculture.Teammatesdonot simplyexecutetasks.Theytakeresponsibilityfor outcomes.

Opencommunicationreinforcesthatownership.Every employeehasavoice.Feedbackflowsinbothdirections. Thegoalissteadyimprovementthatbenefitsemployees, clients,andpartnersalikewhilepreservingreliabilityfor accounts.

LeadingthroughDisruption

Leadershiprarelygetstestedwhenresultsarestrong.It getstestedwhenuncertaintyarriveswithoutwarning.Evan believesthosemomentsrevealwhetherdisciplineholds. Forhim,theresponsetothecrisisfollowsasimplepattern. Communicateearly.Clarifythefacts.Escalatewhen necessary.Keepstakeholdersinformed.Trustdependson speedandtransparency,especiallywhenpressurebuilds.

Oneofhismostdefiningtestscamewhenhesteppedintoa newVicePresidentofSalesroleataFortune500company justdaysbeforethepandemicreshapedthemarket. Revenuepipelinesshiftedovernight.Clientsfaced instability.Theenvironmentdemandedquickrecalibration. “We had to pivot from growth conversations to survival solutions,” Evanrecalls.

TheteamredirecteditsfocustowardprogramssuchasPPP support,onlinepaymentsolutions,andERCclaims. Insteadofretreating,theyadapted.Theregionfinishedas thetop-performingnationwide.Evanlaterreceived EntrepreneuroftheYearrecognition,aresulthecreditsto disciplinedleadershipunderpressure.

MeasuringImpactbeyondTitles

Awardsandrankingsoftencaptureattention,but Evanmeasuressuccessdifferently.Heviews numbersasindicators,notthefullstory Thedeeper impactappearsintheteamshehasbuiltandthe leaderswhohavegrownunderhisguidance.Over theyears,hehasfocusedonoperationaldiscipline asafoundation.Clearsystemscreatepredictability. Predictabilitybuildsconfidence.Whenthat structurealignswithrelationship-drivengrowth, momentumfollowsnaturally.Resultsbecome sustainableratherthantemporaryspikes.

“The real milestone is watching people step into leadership roles with confidence,” Evansays. “If the systems are strong and relationships are healthy, performance takes care of itself.” He believessustainablegrowthcomesfrom consistency Teamsthatunderstandtheirstandards andfeelsupportedtendtooutperformthosedriven onlybyshort-termincentives.ForEvan,the strongestevidenceofimpactisnotasingle achievement.Itisthelastingcapabilitybuiltinside theorganization.

Energy,Presence,andPerspective

Evandoesnotclaimtohavemasteredperfect balance.Hetreatsitasanongoingpracticerather thanafinishedachievement.Forhim,balanceis lessaboutequalhoursandmoreaboutsustainable energy.

Heprioritizeshealthashistopvalue.Physical strengthandmentalclarityallowhimtoleadwith focus.Withoutthatfoundation,performancefades quickly.Healsomakesadeliberateefforttostay presentwithhisfamily.Workdemandsattention, butpresencerequiresintention. “I am still working on the perfect balance,” Evansays. “For me, it is about sustainable energy and being fully present where I am.”

Travelplaysakeyroleingainingperspective.Time awayoffersspaceforreflectionandreset.Closerto home,heenjoysridinghisbikealongthewestside ofManhattan.Whentraveling,hegravitatestoward watersports,withjetskiingrankingasafavorite. Thesemomentsrestoreclarityandfuel disciplinedleadership.

APayroll-FirstPlatformwithBroaderReach

Evanseesthenextchapterasanexpansionofthesame corebeliefthathasguidedhiscareer.Payrollshould anchorbusinessgrowth,notsitquietlyinthe background.Thelong-termobjectiveistobuilda payroll-firstplatformthatsupportscompanieswhile creatingreliable,recurringrevenueopportunitiesfor partners.

Hisvisionmovesbeyondtraditionalservicelayersand embedshumancapitalmanagementdirectlyinto softwareecosystems.ByintegratingpayrollandHCM capabilitiesintosystemssuchasPOSplatforms,the goalistocreateaseamlessexperienceforbothclients andpartners.

“We are building toward full integration,” Evansays. “When payroll lives inside the systems businesses already use, friction disappears and value compounds.” Thisdirectionchallengesconventional HCMmodels.Insteadofforcingbusinessestomanage disconnectedtools,theplatformwillunifyoperations withinfamiliarworkflows.Thegoalissimplebut ambitious:strengthengrowthwhilepreservingclarity, discipline,andtrustatscale.

LeadershipasDailyBehavior

Astheconversationcloses,EvanPerdikourisreturnsto aprinciplethathasshapedeverystageofhiscareer. Hedoesnotdefineleadershipbytitle,authority,or visibility.Hedefinesitbybehavior.Titlescanopen doors,butbehaviordetermineswhetherpeoplefollow. Strongsystemscreatestructure.Accountabilitykeeps standardsintact.Treatingpeoplewithrespectbuilds trustthatnometricalonecansecure.Whenthese elementsworktogether,performancebecomessteady ratherthanfragile.

“Leadership is behavior, not title,” Evansays. “When you combine strong systems with accountability and treat people well, performance lasts.” Heencourages readerstolookinwardbeforelookingoutward. Evaluatethestandardsyouprotect.Examinethe cultureyoutolerate.Strengthencommunicationbefore chasingscale.Inhisview,sustainablegrowthbegins withdisciplinedhabitspracticeddaily.Overtime, thosehabitsshapeteams,organizations,andresults thatendurebeyondanysingleseason.

JOSH BERSIN

THE ANALYST WHO MADE IT HIS LIFE'S MISSION TO MAKE WORK LIFE BETTER, ONE RESEARCH REPORT AT A TIME.

Thereisaparticularkindofinfluencethatdoes notannounceitselfloudly.Itmovesthrough industriesquietly,intheformofideasthat practitionersadoptwithoutalwaysknowingexactly wheretheyfirstheardthem,inframeworksthatHR leadersusewithoutnecessarilyrememberingwhenthose frameworksbecamepartofhowtheythink.JoshBersin hasbeenexercisingthatkindofinfluenceontheHR professionfordecades.

Heis,byhisowndescription,anindustryanalyst, researcher,educator,andtechnologyanalyst.Therangeof subjectshecoversiswide:corporateHR,training,talent management,recruiting,leadership,andworkplace technology Whatdistinguisheshimisnotanyoneof thoseareasinisolation,buttheinsistencethattheyareall connected,andthatunderstandingthewholepictureis necessaryformakingsenseofanypartofit.

TheCompanyThatBecameanInstitution

Josh’scareerintheindustryisanchoredbyBersinand Associates,theresearchandadvisoryfirmhefounded. ThecompanygrewtobecomeBersinbyDeloitte,which isatrajectorythattellsyousomethingimportantabout thequalityandseriousnessofwhatJoshhadbuilt. Deloitte,oneoftheworld’slargestprofessionalservices organizations,doesnotincorporatethingsthatarenot genuinelyvaluable.

JoshleftDeloittein2018,whichwas,itturnsout,notso muchanendingasareorientation.Sinceleaving,hehas builttwonewinstitutions:TheJoshBersinCompany andTheJoshBersinAcademy.Together,theyrepresent thecontinuationofaprojectthathasalwaysbeen,atits core,abouteducationandaccess.

The

AcademyandWhatItRepresents

TheJoshBersinAcademydescribesitselfastheworld’s professionaldevelopmentdestinationforHR.Thatisa boldclaim.ItisalsoaclaimthatreflectswhatJoshhas alwayscaredabout:notjustanalyzingtheHRprofession, butinvestinginthepeoplewhopracticeit.

JoshservesastheDeanoftheAcademy Thisisnotan honorarytitle.Itreflectsanactivecommitmenttothe developmentofHRprofessionals,totheideathatthe peopleresponsibleformanagingandnurturingtalent insideorganizationsdeservetohavetheirown developmenttakenwithgenuineseriousness.

“My professional goal,” Joshsaid, “is to make work life better around the world by helping HR professionals and teams learn, stay informed, and develop deep expertise on world-leading practices that help their companies.”

Thatisamissionstatementofgenuinescope.Itisalso onethathasbeenbackedbydecadesofconsistent, substantivework.

TheScopeofHisResearch

Joshspendshistime,ashehasdescribedit, “studying the world of work, HR, and all aspects of workplace technology.” Headvisesvendorsandlargecorporations ontheirproducts,HRandleadershipstrategies,and workplacetechnologysolutions.Heisakeynotespeaker atconferencesaroundtheworld.Heservesasapersonal coachtoHRandbusinessleadersonmultiple continents.

Thebreadthofhisadvisoryandresearchworkis matchedbytheconsistencyofhisfocus.Inafieldwhere manypractitionersandanalystsspecializeinonecorner, Joshhasconsistentlyarguedthattalent,leadership, learning,technology,andorganizationalcultureare deeplyintertwined.Tounderstandone,youhaveto understandtheothers.

WhyHisVoiceMattersin2026

Theworldofworkin2026isnottheworldofworkthat existedwhenJoshfoundedBersinandAssociates.Ithas beenreshapedbytechnology,bythenormalizationof hybridandremotework,byshiftingemployee expectations,andbytherapidpaceofchangeinevery fieldadjacenttoHR.Navigatingthatlandscaperequires exactlythekindofcross-functional,deeplyinformed perspectivethatJoshhasspenthiscareerbuilding.

TheJoshBersinCompanyandTheJoshBersin Academyrepresentsomethingimportant:abetthatthe HRprofession,atthismomentinitshistory,needsmore thantoolsanddashboards.Itneedseducation, community,andasharedcommitmenttotheideathat howcompaniestreattheirpeopleisnotaperipheral concern.Itisthecentralone.

Joshhasbeenmakingthatargumentfordecades, throughresearchreportsandkeynoteaddressesand coachingsessionsandcurriculum.In2026,therestof thebusinessworldisfinally,seriously,listening.

PAYROLL TRENDS 2026

AI, Compliance & Workforce Pay

Thedefiningpayrolltrendsof2026signaloneof thebiggesttransitionstheworkforcehasseenin years.Whatwasonceconsideredaback-office processisnowbecomingacriticalpartofbusinessstrategy, employeetrust,andregulatorycompliance.In2026, organizationsaremanagingaworkforcethatismore fragmented,moreglobal,andmoredependentontechnology thaneverbefore.

Recentpayrollsectorbenchmarksrevealthatroughly45% ofenterprisesareactivelyimplementingAI-enhanced systemsintotheirpayrollandHRecosystems.However, automationisnotanevictionnoticeforhumanprofessionals.

“At ADP, we recognize the critical challenges that HR and payroll teams face when it comes to compliance, time management and efficiency,” notesFrankSmits,SeniorVice PresidentofGlobalPayrollatADP “Our new introduction of this ADP Assist agent keeps people at the center with a human-centric approach and empowers payroll teams with the accuracy and support they need to optimize their operations.”

Thepressureisevenhigherforenterprisesmanagingremote teams,contractors,multi-statepayrollstructures,andrapidly changingcomplianceframeworks.

WhyPayrollComplexityIsRising:KeyDriversfor2026

Payrollin2026looksverydifferentfromwhatbusinesses managedjustafewyearsago.Organizationsarenolonger dealingwithonlyfull-timeofficeemployeesworkingfixed schedules.Today’sworkforceincludesremoteworkers, part-timeemployees,contractors,gigprofessionals,and globallydistributedteams.

AccordingtoresearchfromADPResearchInstitute,tracking theshrinkingworkweek,part-timejobsnowaccountfor 47%ofallhourlyroles,whileaverageweeklyworking hoursremainclosetoaseven-yearlow

Thisshifthascreatedamorefragmentedpayroll environmentwherebusinessesmusthandlevarying taxlaws,benefitsstructures,overtimepolicies,and paymentmodelssimultaneously.

Atthesametime,governmentsaretightening compliancestandards.Taxauthoritiesacross multipleregionsareintroducingreal-timereporting systemsthroughdirectAPIintegrations.Payroll systemsarenowexpectedtodelivernear-instant accuracy,leavinglittleroomformanualcorrections oroutdatedworkflows.

Anothermajorfactordrivingpayrollcomplexityis wagepressure.DatafromtheADPNational EmploymentReportshowsthatwagegrowthfor job-stayershasstabilizedbetween4.4%and4.5% year-over-year,whiletheannualizedpaypremium forjob-changershascompressedsignificantly, hoveringbetween6.3%and6.6%.Thissignalsa majorshiftinworkforceexpectations.Employees arenolongermovingjobspurelyforcompensation growth,whichmeansorganizationsare increasinglyfocusingonretentionstrategies, financialwellness,andpayaccuracytomaintain workforcestability

Businessesarealsofacinggreaterpressureto delivertransparencyaroundcompensation structures.Employeestodayexpectvisibilityinto:

●Salarybands

●Overtimecalculations

●Bonusstructures

●Taxdeductions

●Benefitscontributions

Thisistransformingpayrollfromafinance-onlyprocess intoanemployeeexperiencefunctionthatdirectly influencestrustandretention.

KeyPayrollTrends2026:TheAIShiftReshaping Operations

Artificialintelligenceisrapidlybecomingoneofthebiggest forceschangingpayrolloperationsin2026.Businessesare increasinglyusingAI-poweredsystemstoautomate repetitiveadministrativetasks,improvepayrollaccuracy, anddetectcompliancerisksbeforetheybecomelarger problems.

ByleveragingautonomousAIpayrollagents,global enterprisesaredrasticallyreducingmanualdataentry errors.Thesesystemsarebeingusedfor:

●Payrollcalculations

●Anomalydetection

●Workforceforecasting

●Benefitsadministration

●Compliancemonitoring

OneofthebiggestadvantagesofAIinpayrollisspeed. Modernpayrollsystemscannowidentifymissingtax information,overtimeinconsistencies,orunusualpayment activityinrealtime.Thisreducestheriskofdelayed paymentsandcompliancepenalties.

AIisalsohelpingbusinessesmovetowardpredictive payrollanalytics.Insteadofreactingtopayrollissuesafter theyhappen,organizationscannowforecastlaborcosts, overtimeexposure,andwageliabilitiesbeforepayroll cyclesarecompleted.

However,businessesarealsolearningthatautomationalone isnotenough.

EvenadvancedAIsystemscanstrugglewithcomplex workforcesituationsinvolvingmulti-statelaborlawsor internationaltaxstructures.Thishascreatedthe“copilot paradigm”wherehumanoversightvalidatescompliance andlocalizedtaxcodes.Businessesarenolongerasking whetherAIshouldbeused.Instead,theyaredecidinghow muchdecision-makingshouldremainunder humansupervision.

AccordingtoDeloitteHumanCapitalTrends, organizationsin2026areshiftingtodynamic orchestration(theorchestrationadvantage),whereAI supportspayrollteamswithoutremovinghumantrust andaccountabilityfromcriticaldecisions.

AnothergrowingconcerniswhatGartnerHR PracticedescribesasAI“workslop”–Identifiedin GartnerHRPracticeresearchasthetopproductivity drain,causedbyanabundanceoffastbut poor-qualityworkproducedbyorwithAI.Many organizationsrushedintoautomationwithout properlyintegratingsystems,creatinginefficient workflowsthatactuallyincreaseadministrative frictioninsteadofreducingit.

Asaresult,businessesarebecomingmoreselective abouthowAIisdeployedinsidepayrollecosystems. Thefocusisnowshiftingfromaggressiveautomation tointelligentautomationthatimprovesoperational efficiencywhileprotectingworkforcetrust.

2026PayrollTrends:Cloud-FirstSystems& GlobalScalability

Asorganizationscontinuetoscaleacrossbordersin 2026,legacyon-premiseinfrastructureiscompletely failingtokeeppacewithmodernoperationalneeds.A majortrenddominatingthecorporatelandscapeisthe totalmigrationtowardcloud-firstglobalpayroll ecosystems.

AccordingtorecentHRtechnologymarketreports, over75%offast-growingenterprisesare consolidatingtheirglobalentitiesontounifiedcloud platforms.Thisshiftiscriticalforseveralreasons:

●Cross-BorderCompliance:Real-timelocalization updatesensurethatlocalizedbenefits,digitalnomadic visas,andinternationalcontractorregulationsare automaticallyapplied.

●UnifiedCurrencyManagement:Multi-currency processingtoolsallowcentralizedcorporatefinance teamstomanageinternationalpayrollcyclesfroma singledashboard.

●DataConsolidation:Eliminatingfragmented regionalspreadsheetsprotectsorganizationsagainst massivedatabreachesandstreamlines enterprise-wideriskmanagement.

Real-TimeCompliance:ANon-NegotiablePayroll Trendin2026

Payrollcomplianceisbecomingmoredemanding acrossnearlyeveryindustry.Governmentsaremoving towardautomatedtaxverificationsystemsthatcan monitorpayrollactivityinrealtime,creatingfar greaterpressureonbusinessestomaintainaccurate records.

InsightsfromIRISSoftwareGroupindicatethat regulatorsareincreasinglyadoptingAPI-driven reportingframeworksthatinstantlycomparepayroll submissionsagainsttaxdatabases.Thismeanspayroll mistakesthatoncetookweekstoidentifycannowbe flaggedalmostimmediately.

Businessesarealsofacingexpandingpay transparencylawsacrosstheEU,UK,andAPAC markets.Employersareexpectedtoprovideclearer compensationstructures,maintainaccuratewage reporting,andreducepayinequitiesacrossworkforce groups.

Formultinationalorganizations,payrollcomplexity hasincreasedsignificantly.Differenttaxregulations, contractorclassifications,benefitsstructures,and overtimerulescanquicklycreatecompliancegapsif payrollsystemsarenotfullyintegrated.

Thisisonereasonpayrollisnolongerviewedasan isolatedfinancefunction.Itisbecomingpartof enterpriseriskmanagement.

PayrollAccuracyIsBecominganEmployeeTrust Metric

Oneofthebiggestpayrollshiftshappeningin2026is thegrowingconnectionbetweenpayrollaccuracyand employeeretention.Employeesnowexpect:

●Real-timepayrollvisibility

●Fasterissueresolution

●Transparentdeductions

●Error-freesalaryprocessing

Evenminorpayrollmistakescandamageworkforce trustquickly

Becauseidentifyingtherootcausesofdataanomalies remainsamassiveadministrativetimedrainforHR practitioners,providershavepivotedheavilytoward proactivetech.ThisisevidencedbyADP’srecently announcedintegrationofautomatedAIagentswithinglobal payrollsystems,builtspecificallytoautomaticallydetect inconsistenciesandsuggestfixesbeforethepaycycleever closes.Thisispushingorganizationstotreatpayroll accuracyasaworkforceexperiencepriorityinsteadofjustan administrativeKPI.

Thismattersbecauseworkforceexpectationsarechanging rapidly.Employeesarebecomingmorefinanciallyconscious duetoinflationpressures,risinglivingcosts,andeconomic uncertainty.Delayedpaymentsorincorrectcalculationsnow haveamuchgreateremotionalandfinancialimpactthan theydidinpreviousyears.

Businessesarerespondingbyinvestingin:

●Employeeself-servicepayrollportals

●Earnedwageaccessprograms

●Real-timepayvisibility

●AI-drivenpayrollvalidationsystems.

EarnedWageAccess(EWA),inparticular,isbecominga majorworkforceretentionstrategy.Employeesincreasingly wantflexibleaccesstoearnedincomeratherthanwaitingfor traditionalpaycycles.Thistrendisgrowingstronglyamong youngeremployeesandshift-basedworkforces.

Forbusinessleaders,thissignalsalargershift:Payrollis becomingpartoftheoverallemployeeexperiencestrategy

Organizationsthatconsistentlydelivertransparentand accuratepayrolloperationsaremorelikelytostrengthen workforcetrust,retention,andlong-termengagement.

ActionPlan:3StepstoFuture-ProofYourPayrollin 2026

Tosuccessfullycapitalizeontheseemergingmacroshifts andprotectyourorganizationagainstrisingregulatoryrisks, leadershipteamsmustturninsightsintoaction:

1.EliminateAI“Workslop”:Audityourautomatedtools today.Ensureyourpayrollautomationlayersaredeeply integratedwithyourcoreHRISandtime-trackingsoftware tostopduplicatedworkflows.

2.PrioritizeCloud-FirstConsolidation:Ifyour multi-stateorinternationalentitiesarestilloperatingon isolatedlocalnetworks,planamigrationtowarda centralizedcloudpayrollplatformtosecurereal-time visibility

3.DeployRetention-FocusedFeatures:Meetmodern employeeexpectationshead-onbylaunchingsecure employeeself-serviceportalsandintroducingflexible EarnedWageAccess(EWA)programs.

TheFutureofPayrollIsStrategic,NotAdministrative

Payrollin2026isnolongeroperatingquietlyinthe background.Itisbecomingoneofthemostimportant systemsconnectingworkforcemanagement,compliance, employeetrust,andbusinessresilience.

ResearchfromDeloitteHumanCapitalTrendshighlights thatleadingorganizationsaremovingfromstaticplansto dynamicorchestration,wherepayroll,HR,finance,and workforceanalyticsfunctionasaconnectedecosystem ratherthanseparatedepartments.

Thistransformationisbeingdrivenbyseveralforcesatonce:

●AI-poweredautomation,

●Risingcompliancepressure,

●Workforcefragmentation,

●Paytransparencyexpectations,

●Growingcybersecurityrisks.

Atthesametime,organizationsarelearningthattechnology alonecannotsolveeverypayrollchallenge.Humanoversight, governance,andworkforcetrustremaincriticalinan increasinglyautomatedenvironment.

Businessesthatsucceedin2026willnotsimplyautomate payroll.Theywillbuildpayrollsystemsthatare:

●Transparent,

●Compliant,

●Employee-focused,

●Operationallyresilient.

Forleadershipteams,payrollisbecomingmorethanafinance process.Itisevolvingintoastrategicbusinessinfrastructure thatdirectlyimpactsworkforcestabilityandorganizational growth.

PreparingfortheNextPayrollEra

Thepayrolldecisionsorganizationsmaketodaywillshapehow effectivelytheymanageworkforceexpectations,compliance risks,andoperationalcomplexityintheyearsahead.

AsAI,automation,andglobalworkforcemodelscontinueto evolve,payrollleadersmustfocusonbalancinginnovation withaccountability.Companiesthatprioritizepayrollaccuracy, employeetrust,andintelligentcompliancesystemswillbe betterpositionedtoadapttothechangingfutureofwork.

SharethisarticlewithHRleaders,payrollprofessionals,and businessexecutivespreparingfortheworkforcetransformation shaping2026.

- Shadab Mestri

Parker Conrad

The Man Who Set Out to Untangle the Knot at the Heart of Every Company

Thereisaparticularkindoffrustrationthat everyHRmanager,payrolladministrator, andbusinessfounderknowsintimately.It isthefrustrationofdoingthesamethingtwice,or threetimes,ortwelvetimes.Anewemployeejoins thecompany,andsuddenlysomeonehastoenter theirnameintothepayrollsystem,thenintotheIT system,thenintothebenefitsportal,thenintothe Slackworkspace,andthenintowhateverother platformhappenstoliveinthecompany’sdigital ecosystem.Theinformationisthesameeverytime. Theprocessisdifferenteverytime.

ParkerConradhasspentyearsthinkingaboutthis problem.Andthinkingaboutit,andthinkingabout itsomemore.Whathearrivedatwasnota workaroundorapatch.Itwasaphilosophy.

OneSystemtoRuleThemAll

ThecoreideabehindRippling,thecompany Parkerfounded,isdeceptivelystraightforward: fragmentationofemployeeinformationisthe unacknowledgedrootcauseofalmostallthe administrativeworkofrunningacompany.

Saythatoutloud.Thinkaboutwhatitmeans. Everytimeacompanyhiressomeone,fires someone,promotessomeone,orchangesthat person’srole,adozendifferentsystemsneedto knowaboutit.Andinmostcompanies,ahuman beinghastotelleachofthosesystemsindividually. Thecost,intimeandinfocus,accumulatesquietly, invisibly,untilitissimplyacceptedastheway thingsare.

“The right solution,” Parkerhasargued, “is to create a single system for employee data that sits, like a layer, underneath all your business software and services, and which pipes employee data, configuration instructions, and access rules into all of these systems.”

Thisisnotasmallidea.Itis,infact,thekindof ideathatsoundsobviousonlyaftersomeonehas articulateditclearly.MostplatformsintheHRand payrollspacefocusonanarrowusecase,serving onespecificdepartment’sneeds.Ripplingwasbuilt onadifferentpremise:thattheproblemisnot payroll,orIT,orbenefitsinisolation.Theproblem isthatthesethingsarenottalkingtoeachother

TheButtonThatChangesEverything

Inpractice,whatthismeansisthatRipplingcando somethingratherremarkable.Youclickabuttonto hiresomeone,andthenyouaredone.Notdoneinthe senseofhavinghandedthetaskofftosomeoneelse. Doneinthesensethatthetaskis,actually,finished.

Theplatformgeneratesagreementsandpaperwork forelectronicsigning.Itcollectsthenewemployee’s personalinformation.Itshipsthemapre-configured computerwithsecurityalreadysetup,readyonday one.Itsetsuptheiraccountsacrosseverybusiness systemthatneedsthem:GSuite,Slack,Box, Salesforce,GitHub,AWS,andthelistcontinues.It enrollstheminpayrollandbenefits.Allofthis,from onebutton.

Thesamelogicapplieswhensomeoneispromoted. Orwhensomeoneleaves.Ripplingautomates onboarding,offboarding,andeverychangein between,acrosseverysystemthatneedstoknow The humanintheloopisfreedfromdataentryand restoredtojudgment.

TheMissionBehindtheProduct

Rippling’smission,asParkerhasframedit,is “to eliminate the administrative drudgery of running a business by creating a single system of record for employee information that all business software and services plug into.”

Theword“drudgery”isworthsittingwith.Itisnota wordthatappearsinmostcorporatemission statements.Itisanhonestword.Itacknowledgesthat theworkofrunningacompanyis,atitscore,fullof tedious,repetitivetasksthatconsumetimeand energythatcouldbespentonsomethingmore worthwhile.Parker’sambitionistomakethat drudgerydisappear.

WhatisparticularlyinterestingabouttheRippling modelisnotjustwhatitautomates,butwhatit assumes.Itassumesthatacompany’sdatashouldbe unified,notsiloed.Itassumesthatthesystemsa companyusesshouldbeconnected,notisolated.And itassumesthatthepeopleresponsibleformanaging thosesystemshavebetterthingstodothanre-enter thesamenameintothesamefieldsacrossadozen differentplatforms.

WhyThisMattersin2026

Theworkforcelandscapein2026ismorecomplexthanithaseverbeen. Companiesaremanagingdistributedteamsacrosstimezones,navigatingan expandingecosystemofsoftwaretools,andworkingtomaintain complianceacrossmultiplejurisdictions.TheadministrativeburdenonHR andoperationsteamshasnotgottenlighter.Ifanything,ithasgrownin proportiontothecomplexityofmodernwork.

Againstthatbackdrop,theRipplingmodelrepresentssomething morethanasoftwareproduct.Itrepresentsareimaginingofwhat theinfrastructureofacompanycanlooklike.Whenemployeedatalives inasingleplace,andeverysystemthatneedsitcandrawfromthat singlesourceofrecord,thepossibilityspaceforwhatHRteamscanactually focusonexpandsconsiderably

Parkerisnotsellingatime-savingtool.Heisarguing,withtheconvictionof someonewhohasstaredatthisproblemforalongtime,thatthestructureof mostcompaniesiswrongatitsfoundation,andthatgettingitrightchanges everythingthatsitsontopofit.Thatisasubstantialargument.Andin2026, itisonethatthebusinessworldispayingcloseattentionto.

Explainable AI

The CEO’s Ultimate Guide to XAI and ROI

Picturethis:yourcompany’sbiggest decisionsarebeingdrivenbyanalgorithm youcan’tquestion.A‘blackbox.’Whatif it’swrong?Youcouldbefacingmassivefines,a publicrelationsnightmare,orevenseriouslegal trouble.It’saterrifyingthought,isn’tit?

Thisisn’taboutditchingpowerfulAI;it’sabout makingitsmarterandsafer We’retalkingabout transformingthatinscrutableblackboxintoa transparent,auditablepartneryoucanactuallytrust. That’stheincrediblepowerofExplainableAI(XAI).

Thisisn’tjustsometechbuzzword;it’stheabsolute keytoresponsibleleadershipandbuildingafutureprooflegacyinourrapidlyevolvingworld.Forget ‘optional’—intoday’sAI-drivenworld,thisisthe cornerstoneofwinning.Let’sdivein!

Let’sExploreExplainableAI

1. WhatisExplainableAI(XAI)?FromBlackBox toGlassBox

So,whatonearthisExplainableAI?Atitsheart,XAI isasetoftoolsandmethodsthatcrackopentheAI “blackbox”sowecanseewhat’shappeninginside. It’sallaboutmakinganAI’sdecisionsunderstandable toushumans.Thegoalissimple:togetclearanswers onhowandwhyanAIreachedaspecificconclusion, turningmysteriouspredictionsintotransparent“glass box”insights.

● TheEnigmaticAnalystAnalogy:Imagineyou haveabrilliantanalystwho’salwaysrightbutflat-out refusestoshowtheirwork.Theirresultsareamazing, butyou’retotallydependentonthemandhaveno ideaiftheirprocessissoundorbiased.Itfeels risky,right?

● TheTransparentGenius:Now,pictureanequally brilliantanalystwhonotonlygivesyouspot-onforecasts butalsowalksyouthroughtheirentirethoughtprocess, step-by-step.Theyhighlightthekeydataandexplainthe logicbehindeverysingledecision.That’sXAIina nutshell.Itprovidesthatlevelofjustification,makingAI insightsverifiable,trustworthy,andreadyforaction.

It’ssuperimportanttorememberthatXAIisn’tatypeof AI.Instead,it’saframeworkweapplytoAImodels.Think ofAIasthecar’sengine,andXAIasthedashboardthat tellsyouexactlyhowtheengineisperforming,ensuring theentiresystemisaccountableandmakessense.

2. TheBusinessImperative:WhyXAIisYourNew CompetitiveAdvantage

● De-RiskingYourOperations&Ensuring Compliance

Let’sbehonest,nobodywantsarun-inwithregulators.In aworldofincreasingoversight,XAIisyoursecretweapon fornavigatingtrickyrulesandcuttingdownoperational risks.

- StayAheadoftheLaw:RegulationsliketheEU’s GDPRandtheupcomingAIActdemandthatautomated systemsbetransparent.XAIisn’tjusthelpful;it’s becomingarequirementforcompliance.

- SpotErrorsandBias:XAIhelpsyoufindandfixflaws inyourAImodels,leadingtosharper,moreaccurate decisions.

- AReal-WorldWin:OnebankusedanexplainableAI foritscreditscoring,andtheresultswerestunning!They sawa20%dropinfalsenegativesanda15%boostin approvedloanstodeservingcommunities,allwhile keepingtheirriskmanagementsolid.That’simpressive!

- BuildaFoundationofTrust:Bymakingmodel behaviorclear,XAIestablishestrust,transparency,and accountability Thisprotectsyoufromtheheadachesof opaquemodels,especiallyincriticalfieldslikefinance andhealthcare.

● BuildingUnbreakableTrustwithStakeholders Trustistheultimatecurrencyinbusiness,isn’tit?For AItotrulysucceedinyourorganization,everyonefrom yourcustomerstoyourownteamneedstobelieveinit.

- BoostConfidence:XAIdoesthisbyshowingexactly howmodelswork,buildingincredibleconfidencewith customers,employees,andregulators.Infact, companiesthatgoall-inonexplainableAIreportupto a35%jumpincustomertrustanda25%dipinAIrelatedrisks.

- WinOverYourTeam:Whenyourpeoplecan understandthe“why”behindanAI’ssuggestion, they’refarmorelikelytoembraceitintheirdailywork. Thismeltsawayskepticismandmakeschangesomuch easier.

- EnsureEthicalMarketing:Thistransparency allowsyoutocheckforaccuracyandfine-tuneyour strategies,ensuringyourmarketingisbotheffectiveand ethicallysound.

● AcceleratingInnovation&SlashingR&DCosts

Whowouldn’twanttoinnovatefasterandforless money?ExplainableAImakesthatarealitybymaking theentiredevelopmentprocesssmootherandmore efficient.

- DebuginRecordTime:Bygivingyouaclear windowintotheAI’smind,XAIletsyourteamsspot errors,biases,orinefficienciesinaflash.Thatmeans lesstimetroubleshootingandmoretimemaking strategicleapsforward.

- NipBiasintheBud:XAIhelpsyoucatchpotential biasesearlyinthetestingphasebeforetheysnowball intomassive,expensiveproblemsdowntheline.

- Future-ProofYourModels:Theabilitytoconstantly audityourAImodelshelpsyoushieldyourbusiness fromunexpectedchallenges,whichultimatelyleadsto lowermaintenanceandretrainingcosts.

● EmpoweringYourEntireOrganizationfor Superior

Decision-Making

XAIisagame-changerbecauseittakesAIoutofthe exclusivehandsofdatascientistsandgivesits powertoeveryoneinyourorganization.

- ClarityforEveryone:Withexplainablemodels, evenyournon-technicalteammemberscangrasp thelogicbehindanAI’srecommendations.This leadstobetterfeedbackandmorecreativeusesof thetechnology

- ADoctor’sSecondOpinion:Inmedicalimaging, forexample,XAIcanhighlightsuspiciousareason ascanforadoctortoreview.Thisspeedsup diagnosisanddramaticallyreducesthechanceof missingsomethingcritical.Whatalifesaver!

- SmarterFinancialMoves:Inthefast-paced worldoffinance,AIalgorithmscansiftthrough mountainsofnewstogaugemarketsentiment.XAI explainswhythesentimentispositiveornegative, givingtradersthetimely,trustedinformationthey need.

- DemocratizeDataScience:Bymakinganalytics moreaccessible,XAIhelpsbuildAIliteracyacross yourcompany.Itallowsmorepeopletoworkon projects,creatingacultureofaccountabilityand improvingdataqualityacrosstheboard.

3. XAIinAction:Real-WorldUseCasesand Examples

● Finance

Inthefinancialworld,whereasingledecisioncan changeaperson’slife,explainabilityiseverything.

- FairerLending:ZestFinanceusesitsZAML platformwithXAItoassesscreditrisk.Thisallows bankstounderstandwhyanapplicantwasapproved ordenied,leadingtofairerdecisions,evenfor peoplewiththincreditfiles.

- SmarterFraudDetection:PayPalanalyzes millionsoftransactionsinreal-timetostopfraud. WithXAI,theycanquicklyunderstandwhya transactionwasflagged,makingthereviewprocess muchsmoother

- Audit-ReadyCompliance:XAIhelpsfinancial firmsprovideclearexplanationsfortheirrisk assessments,speedingupcompliancereviewsby over40%.Nowthat’sefficiency!

● Healthcare

Here,thestakesareliterallylifeanddeath,andXAI isactingasatrustedco-pilotformedical professionals.

- OptimizedTreatmentPlans:IBM’sWatson Healthanalyzescolossalamountsofmedicaldata tosuggestthebesttreatmentpathsfordiseases, explainingitsreasoningtodoctorseverystepofthe way.

- ClearerDiagnoses:GoogleDeepMind developedanAIthatcanspotretinaldiseasesfrom scansand—crucially—providethebasisforits diagnosis,helpingdoctorsexplaintheresults clearlytoanxiouspatients.

- EnhancedCancerDetection:PathAI,anAIbasedsystem,helpspathologistsanalyzetissue samplestodiagnosecancerwithgreateraccuracy. Inmedicalimaging,XAIcanalsohighlightthe specificvariablesinanMRIthatpointtoa suspiciousarea.

- ImprovedHospitalFlow:Ahospitalnetwork thatusedanethicalAIframeworkforpatienttriage sawa30%improvementinresourceallocationand cutwaittimesby25%.Amazing!

● Manufacturing

Onthefactoryfloor,XAIisdrivingefficiencyand qualitytonewheights.

- PredictiveMaintenance&QualityControl:By explainingAIdecisions,manufacturerscan optimizeworkflows,spotproblems,andpredict equipmentfailuresbeforetheyhappen,savinga fortuneindowntime.

- MassiveDefectReduction:Oneautomotive manufacturerintegratedanXAIsolutionintoits qualitycontrolprocessandachievedajawdropping40%reductionindefectswhileimproving regulatorytraceability

● Retail

Inthecompetitiveretailspace,XAIisbuilding deeper,moregenuineconnectionswithcustomers.

- TrulyPersonalRecommendations:XAIoffersa peekbehindthecurtainofrecommendationengines andchurnpredictors.Byunderstandingwhya productisrecommendedoracustomerislikelyto leave,retailerscanperfecttheirstrategies.

- BuildingCustomerLoyalty:Whenmarketerscan validateanAI’soutput,likeacustomersegmentation model,theycanprovidemoretargetedfeedbackand buildmodelsthattrulyalignwiththeirgoals.This meanstheycanevenexplaintocustomerswhya recommendationwasmade,boostingtrustand satisfaction.

4. TheModernAILandscape:ACEO’sField Guide

● The4TypesofAI

ToleadeffectivelyintheageofAI,ithelpsto understandthedifferentlevelsofintelligencewe’re workingwith.Thinkofitasaladder:

- ReactiveMachines:ThisisthemostbasicAI.It followspre-programmedrulesandreactstothe presentmoment.Ithasnomemoryofthepast.The classicexampleisDeepBlue,IBM’schesscomputer thatcouldseetheboardandmakeamove,but couldn’tlearnfrompastgames.

- LimitedMemoryAI:ThisAIcanlearnfrom recenthistorytomakebetterdecisions.Itsmemoryis short-term,butit’senoughtobeincrediblyuseful. Autonomousvehiclesareaperfectexample,using recentobservationsoftraffictonavigatesafely.

- TheoryofMindAI:We’renothereyet!Thisisa theoreticalfutureAIthatcouldunderstandhuman emotions,beliefs,andintentions.Itwouldbeableto interactwithusonatrulyempatheticlevel.

- Self-AwareAI:Thisisthestuffofsciencefiction... fornow.Aself-awareAIwouldhaveitsown consciousnessandsentience.It’safascinating conceptthatraisesallsortsofdeep philosophicalquestions.

● GenerativeAIvs.ExplainableAI

GenerativeAI(thinkmodelsthatcreatetext,images, orcode)andExplainableAIaren’tenemies;they’re twosidesofthesamepowerfulcoin.GenerativeAI isexploding—asurveyfound79%ofCEOsseeitas atoptoolforacceleratinginnovation.Buthere’sthe catch:thesepowerfulmodelscanbetotalblack boxes.

Theycanalso“hallucinate,”meaningtheygenerate informationthatsoundsperfectlyplausiblebutis completelywrong.ThisiswhereXAIbecomes absolutelycritical.Itprovidesthetransparencywe needtochecktheaccuracyofGenerativeAI’soutput, catchbiases,andpreventthemassivebusinessrisks thatcomefromactingonbadinformation.

● DeepDive:TheChatGPTQuestion

So,canyoutrustChatGPT’sexplanations?Theshort answer:notinthewayyouthink.WhileChatGPT cangeneratetextthatsoundslikeareasonable explanationforitsanswer,it’snotshowingyouits actualinternalcalculations.It’sessentiallycreating anexplanationafterthefactbasedonallthedatait wastrainedon.Thisisahugedistinction.

It’sdescribingwhyitthinkssomething,nothowits algorithmsactuallygotthere.Foraleader,this presentsamajortrustissue.Relyingontheseposthocrationalizationsforhigh-stakesdecisionsislike navigatingwithamapdrawnafterthejourneyis over—it’stheblackboxproblemalloveragain,but withaconvincinglyhumanvoice.

● DecodingtheHype:ElonMusk,xAI,andthe Future

It’scrucialnottomixupthecompanyxAIwiththe conceptXAI.They’recompletelydifferentthings!

- TheCompany:xAIwasfoundedbyElonMuskin 2023withtheambitiousmissionto“understandthe truenatureoftheuniverse.”

- TheBigMerger:OnMarch28,2025,xAI acquiredX(formerlyTwitter)inanall-stockdeal worthamassive$33billion.ThisgivesxAIdirect accesstothefirehoseofreal-timedataonX—a goldminefortrainingitsmodels.

- Valuation&Products:Atthetimeofthe acquisition,xAI’sprivatevaluationstoodatan eye-watering$80billion.Itsmainproductis Grok,aconversationalAIbuiltintoX,designed tohaveawittypersonalityandaccesstorealtimeinformation.Thecompanyalsoplansto offerenterpriseAPIs.

- KeyRelationships:xAIreliesheavilyon supplierslikeNvidiaforthepowerfulGPUs neededtotrainitslarge-scaleAImodels.The companyhasalsostatedafocusontacklingthe “hallucination”problemincurrentAI,hintingat afuturepushtowardmorereliableandperhaps evenexplainableoutputs.

MyOpinion

Withinthenextfiveyears,deployingnoninterpretableAIforcriticalbusinessfunctions willbeviewednotmerelyasarisk,butasa formofcorporatenegligence.Thesocietal, regulatory,andeconomicpressuresfor transparencyarerapidlyescalating,makingthe opaque“blackbox”approachcompletely unsustainable.

AIsystemsnowinfluenceeverythingfromloan approvalstomedicaldiagnoses,andthey demandanethical,auditablefoundation. ExplainableAIisnolongeratechnicalnicetyor acompetitiveedge;itisrapidlybecominga non-negotiablepillarofresponsibleand profitablecorporategovernance.

Asaleader,youmustproactivelyweaveXAI intoyourstrategicplanstoguaranteetrust, ensurecompliance,anddrivelong-term shareholdervalue.Thisishowyousafeguard yourorganizationandfosteracultureoftrue, verifiableinnovation.

HereAreSomeFutureImpactsofXAI

● TheRiseof“AlgorithmicAuditors”:

GetreadyfornewC-suiteroleslikeChiefAI EthicsOfficer.TheseleaderswilluseXAItools tocertifythatcorporateAIsystemsarefair, logical,andcompliant,stoppingbiasbeforeit everaffectsacustomeroremployee.

● “DynamicPersonalization”in EducationwithJustification:

Imaginelearningplatformsthatnotonly adapttoastudent’sneedsbutalso explainwhytheyrecommendacertain lesson.Thiswillempowerstudentsand teachers,boostingmotivationbymaking theAI’slogicclear.

● ResolvingSupplyChainDisruptions withCounter-IntuitiveSolutions:

XAIwillallowmodelstoproposeand thenbrilliantlyexplainoptimal,often unconventional,solutionstocomplex supplychainproblems.Thiswillbuild trustinrecommendationsthatcansave millionsindelaysandcosts.

● Hyper-PersonalizedMedicinewith ClinicalRationale:

XAIwillbethebridgebetweencomplex genomicdataandthedoctor’soffice.It willexplaintoaphysicianwhyaspecific drugisrecommendedforapatientbased ontheiruniquegeneticmakeup, enhancingtrustandenablingtruly personalizedcare.

● ANewEraofScientificDiscovery ThroughExplainedCorrelations:

AIwillfindincrediblenewpatternsin vastdatasets,andXAIwillactasthe “scientifictranslator.”Itwillexplainthe “eureka”momenttoscientists,showing themhowtheAIconnectedthedotsand pavingthewayforanewageof hypothesisanddiscovery.

Feelinginspired?Don’tkeepthisto yourself!Sharethisdefinitiveguidewith yournetwork,colleagues,andfriendsto collectivelychampionafuturewhereAI isnotjustintelligent,butalsotransparent, trustworthy,andtrulyserveshumanity

- Simran Khan

Safwan Shah

The Aerospace Engineer Who Landed in Finance and Decided to Change It Entirely

ThereissomethingquietlyextraordinaryaboutthecareerofSafwanShah.Hetrainedasan engineer,earnedaPhDinAerospaceEngineeringfromtheUniversityofColoradoBoulder, andwasawardedtheNorlinAward,theuniversity’shighesthonor Thenhelookedatthe financialservicesindustryandsawsomethingthatlooked,tohim,likeastructuralfailure.Andhe decided,withtheparticularconfidenceofsomeonewhohasspentyearssolvingcomplexsystems problems,tofixit.Thatdecisionhasshapedthelivesofmillionsofworkingpeople.

BuildingBeforeBuildingAgain

SafwanShah’sfirstcompany,Infonox,wasapioneeringventureinfinancialtechnology.Infonox createdfirst-of-its-kinddataaggregationservicesdesignedtomanagelargevolumesoffinancial transactions.ThecompanywasacquiredbyTSYSandlaterintegratedintoGlobalPayments,which speakstothescaleandseriousnessofwhatSafwanhadbuilt.Thesearenotsmallentities.Thefactthat Infonoxfoundahomeinsidethemisameasureofthevalueitrepresented.

ButInfonox,forallitssuccess,wassolvingatechnicalproblem.Safwan’ssecondcompany,Payactiv, wassomethingdifferent.Itwassolvingahumanproblem.

TheInventionofEarnedWageAccess

TheconceptSafwanpioneeredthroughPayactiviscalledEarnedWageAccess,orEWA.Theideais bothsimpleandradical:workersshouldbeabletoaccessthepaytheyhavealreadyearned,without havingtowaitforpayday

Thismaysoundlikeaminorconvenience.Inpractice,itisanythingbut.Formillionsofworking people,thegapbetweenearningawageandreceivingitcanbethedifferencebetweenpayingabillon timeandfallingintoacycleofdebt.Paydayloans,overdraftfees,latefees:thesearenotabstract financialconcepts.Theyarethemechanismsbywhichfinancialinstabilitycompoundsitself,trapping peopleinsituationsthatareverydifficulttoescape.

Payactiv’simpactinempoweringworkerstoavoidthesetrapshasbeenrecognizedatthehighest levelsofbusinessandacademicthought.ThecompanyhasbeenfeaturedintwoNewYorkTimes bestsellers.RajSisodiaandMichaelGelbexamineditin The Healing Organization, andChristopher Marquisaddresseditin The Profiteers. TheHarvardBusinessReviewhasalsofeaturedPayactivinits article “The Power of the Salary Link,” highlightingspecificallyhowthecompany’ssolutionshelp low-incomeworkersstayoutofdebt.

Thesearenottheaccoladesofacompanythatfoundaniche.Theyaretherecognitionofacompany thatcreatedacategory

AThinkerWhoActs,andaBuilderWho Writes

Safwanisnotonlyafounder.Heisathinker whotakestheobligationofpublic communicationseriously.Heistheauthorof It’s About TIME: How Businesses Can Save the World, One Worker at a Time, abookthat advancesaparticularvisionofwhatbusiness canbewhenitchoosestoprioritizethe peoplewhodothework.Hehasdelivered twoTEDxtalks.Hehasservedasexternal facultyattwoofCalifornia’smostrespected institutions:UCBerkeley’sHaasSchoolof BusinessandUCSantaCruz’sBaskin SchoolofEngineering.

Heholdsover10patentsandhaspublished morethanadozenresearchpapers.He servesontheboardofConsciousCapitalism. HisPhDinAerospaceEngineering,earned withthedistinctionoftheNorlinAward,sits atthebeginningofacareerthathas continuedtooperateatthelevelofgenuine innovationacrosstwoentirelydifferent industries.

WhatEarnedWageAccessMeansin2026

TheearnedwageaccessindustrythatSafwan pioneeredhasgrownsubstantiallysince Payactivfirstintroducedtheconcept.What wasonceanovelideaisnowrecognizedasa legitimateandnecessarycomponentof modernfinancialwellnessprograms. Employersacrossindustrieshavecometo understandthatfinancialstressdoesnotstay atthedoorwhenworkersarriveatwork.It affectsproductivity,retention,andmoralein waysthataremeasurableandreal.

Safwandidnotstumbleintothisinsight. Hepursueditwiththemethodicalrigor ofatrainedengineerwhohadalso, atsomepoint,decidedthatthemost importantsystemtooptimizewasnota financialtransactionnetwork,butaworking person’slife.Thatcombinationoftechnical disciplineandgenuinehumanconcern iswhatmakeshisstory,andhiswork, essentialin2026andfarbeyond.

RENEWABLE ENERGY INVESTMENT

Top Green Energy Bets for 2026

TheU.S.renewableenergymarketisentering2026withhistoric

momentum,fueledbypowerfultailwinds.Government incentivesliketheInflationReductionAct,surgingelectricity demandfromAI-drivendatacenters,andrapidlyfallingsolar,wind,and batterycostsaretransformingcleanenergyfromanalternativeintothe backboneofAmerica’sfuturegrid.Bythemid-2030s,renewablesare projectedtooutpacefossilfuelsasthecountry’sleadingpowersource.For investors,thisshiftrepresentsnotjustanenvironmentalmilestonebutalso agenerationaleconomicopportunity.Inthisguide,we’llexaminethetop renewableenergyinvestmentsfor2026,spotlightingU.S.leaders,global playersshapingdomesticmarkets,andAsia-Pacificgiantswithglobal ambitions.Thisanalysisdrawsonleadingindustryresearchandfinancial insightsbutisnotfinancialadvice—alwaysdoyourownduediligence.

What’sdrivingthegrowthofgreenenergy?

TheU.S.renewableenergysectorisentering2026withstrong momentum.Severalpowerfulforcesarepushingthisgrowth,andeach playsacriticalroleinshapingthefutureofenergy.Let’slookatthemain trends.

First,theAIanddatacenterboomisfuelingdemandlikeneverbefore. Everynewdatacenterneedsmassiveamountsofelectricitytopower serversandcoolingsystems.Insteadofrelyingonfossilfuels,companies areturningtorenewablestomeetthisdemand.Bigplayerssuchas MicrosoftandGooglehavealreadysignedrecordsolarandwindcontracts toruntheirdatacenters.Thisshiftispushingmorerenewableenergy investmentnationwide.

Second,theriseofsolarandwindisimpossibletoignore. AccordingtotheU.S.EnergyInformation Administration,solarwilladd22GWofcapacityin2026, whilewindwilladdanother9GW Together,theywill outpacecoalandgasasthefastest-growingenergy sources.Theirlowcostsandquickinstallationtimesmake themhighlyattractive.

Third,batterystorageissolvingthechallengeof reliability.Sincesolarworksonlywhenthesunshines, andwindonlywhenitblows,batterieshelpstoreextra powerforlater.Infact,utility-scalestoragecapacityin theU.S.isexpectedtotripleby2026,makingthegrid morestableandflexible.

Finally,governmentpoliciesareaddingspeed.The InflationReductionActof2022extendedtaxcreditsfor cleanenergyprojectsuntil2032.Thisnotonlyreduced costsbutalsoencourageddomesticmanufacturingof solarpanels,windturbines,andbatteries.

Allthesetrendstogethermakerenewableenergytheclear pathforwardin2026,bothforbusinessandfortheplanet.

Whichrenewableenergystocksarethebest investmentsin2026?

Disclaimer: This is not financial advice. Always do your own research and consult a licensed advisor before making investment decisions.

Investorsarekeepingacloseeyeonrenewableenergyin 2026.Thesectorisgrowingfast,andseveralcompanies arewell-positionedforlong-termsuccess.Herearesome ofthetopcategoriestowatchfromaU.S.perspective:

● SolarLeaders:CompanieslikeFirstSolar(FSLR)are expandingcapacitywithstronggovernmentsupport. TheirU.S.-basedmanufacturinggivesthemanedge undertheInflationReductionAct.

● WindPowerDevelopers:FirmssuchasNextEra Energy(NEE)continuetodominatewindprojects, bothonshoreandoffshore.Theirconsistentgrowthand projectpipelinemakethemreliableplayers.

● EnergyStorageInnovators:Batterystorageis criticalforbalancingthegrid.Companieslike FluenceEnergy(FLNC)areleadingthisspace, developingadvancedsolutionsthatsupportwider adoptionofrenewables.

● UtilityGiantsTransitioningtoGreen:Traditional utilitiessuchasDukeEnergy(DUK)andDominion Energy(D)areinvestingheavilyinsolar,wind,and storage.Theirsizeandresourcesallowsteadyrenewable energyinvestment.

● CleanTechManufacturers:Firmsbuildingsolar panels,windturbines,andbatterycomponentsintheU.S. arebenefitingfromincentives.Thisincludesboth establishedplayersandnewerentrantsscalingproduction rapidly

Together,thesecategoriesrepresentthemostpromising “greenenergybets”for2026.However,marketsremain volatile,andindividualperformancedependsonexecution, policychanges,andglobaldemandshifts.

A.U.S.-Focused&NorthAmericanPowerPlayers:

NextEraEnergy(NEE)

Valuation&MarketData:NEEtradesatapproximately $76.51pershareasofAugust19,2025(U.S.stockmarket).

Overview:Itstandsastheworld’slargestproducerofwind andsolarenergy.Thecompanyalsoinvestsheavilyingreen hydrogenandgridmodernizationprojects.

FirstSolar,Inc.(FSLR)

Valuation&MarketData:FSLRistradingaround $210.96pershareasofAugust20,2025.

Overview:FirstSolarspecializesinadvancedthin-film solarmodules,widelyusedinutility-scalesolar installations.Itemphasizesdomesticmanufacturinginthe U.S.

GEVernova(GEV)

StockPrice&MarketCap:Sharescurrentlytradeat about$603.13,withamarketcapitalizationof$170B.

ValuationMetrics:

Price-to-Sales:around4.5×

Price-to-Book:approximately19×

EnterpriseValue/EBITDA:between68–94×,depending onthesource.

FairValuevs.MarketPrice:OnemodelvaluesGEV at only$177.71,suggestingthestockmaytrade70% aboveitsfairvalue.

AnalystSentiment&Performance:Despitetwo recentdowngradescitinghighvaluation,thestock remainsresilient—up96%year-to-dateand272%over thepastyear;65%ofanalystsrateitaBuy,with averagetargetsapproaching$637–$670.

BrookfieldRenewablePartners(BEP)

Valuation&MarketData:

Sharepricestandsatabout$24.89asofAugust8, 2025.

Marketcapitalizationsitsnear$16.5billion,withan enterprisevalueof$76billion.

IntrinsicValue(GFValue): GuruFocusestimatesa GFValueof$32.36,implyingBEPmaybemodestly undervaluedatcurrentlevels(ratio≈0.77).

Outlook:Thestockoffersacompellingentrypoint witha~6.1%dividendyieldandsolidfundamentals supportingbothvalueandincomeinvestmenttheses.

CorporateScale:BrookfieldRenewablePartners operatesacrosshydro,wind,solar,andstorageassets globally,withsignificantU.S.holdingsandatotal assetbaseofapproximately$126billionasof2024.

B.GlobalLeaderswithU.S.MarketImpact:

Overview:Danishwindturbinegiantwithdeeproots intheU.S.,manufacturingandservicingacrossthe countryandglobally.

RecentMovement:Thestocksurgedover15% intraday,markingitsbiggestjumpsincemid-2022, followingregulatoryclarityfromU.S.agenciesonhow clean-energyprojectsqualifyfortaxcredits.

FinancialHighlights:Thecompanyreportednetprofit of€37millioninH12025,reboundingfroma€226 millionlossayearearlier.Revenuesrose20.7%to €7.213billion.

AnalystSentiment:About58%recommend“buy,” withforecastedupsideofupto46%,drivenby optimismfromGoldmanSachs,Bernstein,andCiti.

SolarEdgeTechnologies(SEDG)

Overview:Globalleaderinsolarinverters,optimizers, monitoringsystems,andstoragesolutions,withstrong presenceinU.S.residentialandcommercialsectors.

StockPerformance:Facessteepdeclines—down approximately–79%overthepastyear,with1-month returnat–27%,and6-monthreturnat–32%.

MarketSentiment:Truistmaintainsa“Hold”rating witha$18pricetarget,notingthatwhilethecompanyis executingturnaroundefforts,it’sstillearlydaystotrust asustainedrecovery.

InvestorCommentary:Oneretailinvestorremarksthat “SolarEdgeistradedathalfitsfairmarketvalue…very likelytoreturntoprofitabilitynexttwoquartersof 2025,”thoughothersurgecautionandhighlight volatility.

LONGiGreenEnergyTechnology

Overview:China’stopproducerofmonocrystalline siliconwafers,widelysupplyingsolarmodulesglobally ItsscaleinfluencesU.S.supplychainsandpricing trends.

StockSnapshot:ListedontheShanghaiStock Exchange(ticker601012).Thepricehoversaround CNY13.14,down–42.6%YTDand–51%overthepast year,withamarketcapnear¥99.6billion.

Outlook:AnalystsforecastaQ3pricearound¥15.76, withaone-yearestimatenear¥14.39.

C.Asia-PacificTitanswithGlobalAmbitions:

AdaniGreenEnergyLtd

India’slargestrenewableenergycompany,ledbyAdani, targets45GWby2030acrosssolarandwind.U.S. investorscangainexposuretofast-growingAsian demandthroughitsexpansiontrajectory.Notethatthe companyfacesscrutinyduetoU.S.JusticeDepartment allegationsconcerningpastcontracts,whichmayaffect investorsentimentandcross-borderfinancing.

Thiscentury-oldutilitycrossesintocleanenergy throughsolar,wind,batterystorage,andEV chargingnetworks.InQ1of2025–26,itposteda 6%year-over-yearprofitrise,drivenlargelyby growthinrenewablesandtransmissionoperations. Italsoexploresdistributionsectorreformsand nuclearpartnerships—offeringinvestorsaproxy intoIndia’senergytransitionatlarge.

JSWEnergyLtd

JSWchartsaboldcourse:itexceededitsinitialFY 2025targetof10GWandnowpursuesanew Strategy3.0withambitionsof30GWgeneration and40GWhstorageby2030—backedbya massiveplanned₹1.3lakhcrore(₹130,000crore) investmentfromFY2026toFY2030.Thisscale signalsapowerfulpushinIndia’senergy infrastructurewhileofferingagrowthleverfor globalinvestors.

KeyTakeaways

Ifyoutakeonethingawayfromthis:renewable energyinvestmentin2026isn’tjustaboutbuying “green”stocks.It’saboutpositioningyourselfat theintersectionofnecessityandopportunity

TheU.S.gridisn’texpandingbecauseofsome distantclimatepledge—it’sexpanding becauseyourphone,yourcar,yourhome,and eventheAItoolsyouusedailyareconsuming morepowerthanever Thatdemandishere, now

Here’sthenuancemostheadlinesmiss:the biggestwinnerswon’talwaysbetheflashiest solarnames.Sometimesit’stheturbinemaker quietlylocking20-yearcontractswithutilities. Ortheinvertercompanythatnooneoutside theindustrytalksabout,butwithoutwhichno panelworks.

Andthenthere’stheglobalstory.Indiangiants likeAdaniorTataPoweraren’tontheNasdaq yet,buttheirgrowthsignalswherethenext trillion-dollaropportunitiesmaycomefrom. ForU.S.investors,watchingtheseplayersisn’t optional—it’sstrategicforesight.

So,don’tjustchase“green”asatrend.Watch wherethebottlenecksarebeingsolved,where costsarebeingcrushed,andwhere governmentsarewritingthebiggestchecks. That’swherethereallong-termvaluelives.

- Simran Khan

Steve Goldberg

Thirty Years, Three Continents, and the Relentless Pursuit

of HRTechnology That

Actually Delivers

Somecareersarebuiltinasinglelane.SteveGoldberg’sis notoneofthem.Overmorethanthreedecades,Stevehas occupiednearlyeveryvantagepointthattheHRand humancapitalmanagementspacehastooffer.Hehasbeen thepractitionerinsidetheenterprise.Hehasbeentheproduct strategistatoneoftheindustry’smostconsequentialsoftware companies.Hehasbeentheresearcher.Hehasbeenthe co-founder Andnow,asanindependentadvisorandanalyst,he operatesassomethingrarer:apersonwhohasseenthewhole landscapefromalmosteveryangle,andcanspeaktoallofitwith authority.

TheLongEducationofaPractitioner

StevespenthisfirstfifteenyearsinleadershiprolesatFortune500 companies,specificallyatinvestmentbanks.Thisisnotasmall distinction.Investmentbanksareorganizationswherethepressure isconstant,thecomplexityishigh,andthetolerancefor inefficiencyisextremelylow.LearningtothinkaboutHRinthat environmentisaparticularkindofeducation,onethatsharpens instinctsinwaysthatclassroomtrainingalonesimplycannot.

Fromthatpractitionerfoundation,StevemovedtoPeopleSoft, whereheledHCMproductstrategy.PeopleSoftwas,atthetime, oneofthedefiningcompaniesinenterprisesoftware,andits approachtohumancapitalmanagementsetstandardsthatthe industrycontinuestoreference.Toleadproductstrategy,therewas tobeatthecenterofhowtheindustrywasthinkingaboutwhatHR technologycouldandshouldaccomplish.

FromStrategytoResearchtoBuilding

AfterPeopleSoft,Stevebroughthisthinkingto theresearchsideoftheindustry.Heledresearch practicesatBersinandatVentanaResearch, twoorganizationsknownforrigorous,vendorindependentanalysisoftheHRtechnology market.Thisiswherepractitionerperspective meetsanalyticaldiscipline:understandingnot justwhatcompaniesneed,butwhatthemarket isactuallydelivering,andwherethegaps betweenthosetwothingslive.

Hethenco-foundedtwofirms,onefocusedon RecruitingTechnologyandtheotheronChange ManagementandHRmergersandacquisitions. Thesearenotcasualentrepreneurialforays. TheyreflectaconsistentpatterninSteve’s career:identifyagenuineneed,understandit fromtheinside,andbuildsomethingtoaddress it.

TheAdvisorWithSixty-PlusClientsand Counting

Today,Steveoperatesasanindependent industryadvisorandanalystthroughSBG ConsultingHRTechAdvisory.Hehasadvised morethan60HCMvendorstodate.That numberissignificantnotjustasameasureof activity,butasameasureofreach.Acrossthose engagements,Stevehasshapedhowvendors thinkabouttheirproducts,theirmarket positioning,andtheirlong-termstrategy.

HehasbeenrecognizedasaTop100HRTech Influencermultipletimes.Therecognition reflectswhatpractitionersandvendorsinthe spacealreadyknow:thatSteve’sperspective, earnedacrossthreedecadesandthree continents,carriesaweightthatisverydifficult toreplicate.

Hisfocus,intalksandarticlesthroughouteach year,returnsconsistentlytotwothemes: organizationalagilityandstrategicHCM outcomes.Thesearenotbuzzwordsinhis usage.Theyarethelensthroughwhichhe evaluateseveryproduct,everystrategy,every claimatechnologycompanymakesaboutwhat itsplatformcandoforthepeoplewhouseit.

TheMBABehindtheAnalysis

SteveholdsanMBAinHumanResources,whichsitsatthefoundationofeverything thatfollowed.Theformalgroundinginthediscipline,combinedwiththreedecadesof practiceacrossfunctions,organizations,andcontinents,producesakindoffluencyinthe languageofHRthatisbothtechnicalanddeeplystrategic.

Inamarketcrowdedwithvoices,Stevestandsoutbecauseitisgroundedinsomething thatcannotbemanufacturedquickly:genuine,long-formexperienceonallsidesofthe table.Ascompaniesacrossindustriescontinuetograpplewiththecomplexityofmodern workforcemanagementin2026,thatdepthofexperienceisnotsimplyrelevant.Itisrare. Andrarethings,intheHRtechnologyspace,tendtobesoughtafter.

USALEADERS THE BUILDING

AMERICA

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