HR and Payroll for Retail Businesses
Spending time on HR tasks costs retail businesses an average of $89,156 annually.1 Get help finding and keeping great people while streamlining HR tasks so you can focus on managing inventory, staying competitive, and acquiring new customers.
Customizable Solutions for Your Business
Improve Work/Life Balance
Show your commitment to your staff’s well-being with a comprehensive benefits package that includes medical insurance, 401(k) plans, and more.
Stand Out From the Rest
Paychex has hiring solutions that help you save time and money throughout the process — from AI-assisted recruiting through Paychex Recruiting Copilot, developed in partnership with Findem, through comprehensive onboarding and training capabilities built into Paychex Flex®.
Help Prevent Data Errors
Choose the time tracking option that works for your team and save time on manual entry with hours flowing directly into payroll.
Streamline New Hire Paperwork
Simplify the new hire process and improve data accuracy when collecting employee information electronically.
Reduce the Chance of Risk
Avoid potential fines or penalties with compliance support that monitors federal, state, and local regulations.
Easy-to-Use Payroll Software
Take the headache out of payroll and experience flexible processing, automated tax filing, and reliable support. Help ensure accurate paychecks for employees – even across multiple locations.
Payment Processing and POS
Enable smooth and secure transactions with the ability to gain insights into customer behavior and sales data with the help of our POS system.
Get HR Help Where You Need It Most
Fifty-nine percent of retail leaders1 plan to outsource HR administration tasks in the year ahead. The most time-consuming HR tasks for retail businesses, based on the annual average costs, are:
- Payroll processing = $13,938
- People management = $9,055
- Risk management/managing workers’ compensation = $8,388
- Managing multiple HR systems = $8,043
- Tracking employee hours worked = $7,819
Let us help you to take HR admin off of your plate.
Attracting and Retaining Retail Talent
Did you know the cost of turnover averages $2,686 per employee in the retail industry?1 Holding on to employees can be challenging due to high turnover and seasonality.
Get help from Paychex with:
- A dedicated HR professional
- Competitive pay benchmarking tools
- A customizable career development learning platform
Stay Connected From Anywhere
Securely and safely access your business data from any smart device to never miss a beat. Allow your employees to stay connected with self-service capabilities to view their pay, set up direct deposit, or update health and benefits information at their convenience.
Additional Services for Retail Businesses
Frank’s Auto Repair Steers in the Direction of Success
For Frank’s Auto Repair, it was all about making business easier. Frank found that the personalized service created a welcoming atmosphere, and the payroll solution was easy to use. With Paychex, he could focus on car maintenance rather than taxes or workers’ compensation payments.
"When I first started, my wife used to do my payroll for me, but it didn't always work out because I'm too busy, she's too busy ... so her brother, who's a CPA, suggested that I should use Paychex. Having Paychex as my payroll service just makes my life a lot easier."
HR Outsourcing Gets Prioritized
These trends for retail leaders were identified by our survey.1
10+ Hrs
Spent on HR Admin Weekly
27% of retail leaders spend this much time.
Most
Helpful Task to Outsource
1. Payroll processing
2. Managing employee performance
3. Maintaining regulatory compliance
Benefits
of Outsourcing
1. Fewer mistakes
2. Increased productivity
3. Better analytics and reporting
