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Hourly Wage Growth for Small Business Workers Continues to Cool, Consistent with Overall Inflation Trend

October 3, 2023

According to the Paychex | IHS Markit Small Business Employment Watch, hourly earnings growth has slowed to 3.79% in September 2023, a pace not seen since September 2021 (3.77%).

News Releases

Paychex Releases 2023 Environmental, Social, and Governance (ESG) Report

September 14, 2023

Paychex announced the release of its 2023 Environmental, Social, and Governance (ESG) Report. The report details the actions the company, a leading provider of integrated human capital management software solutions for human resources, employee benefits, insurance services, and payroll, is taking with the goal of “Working for a Better World.”

News Releases

Paychex Announces Efrain Rivera Plans to Retire as CFO

September 5, 2023

Paychex, Inc. announced today that Efrain Rivera, senior vice president and chief financial officer will retire as CFO, effective October 12, 2023. Robert L. Schrader, currently vice president of Finance and Investor Relations, will be named senior vice president and CFO, effective October 13, 2023.

News Releases

August Job Growth Among Small Businesses Unchanged from July

August 29, 2023

The August Paychex | IHS Markit Small Business Employment Watch is essentially unchanged from July.

News Releases

Paychex Named Largest 401(k) Recordkeeper in the U.S. for 13th Consecutive Year

August 15, 2023

For the 13th year in a row, Paychex, Inc. has earned PLANSPONSOR magazine’s distinction of being the nation’s largest 401(k) recordkeeper by total number of plans.

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