Wage Inflation for U.S. Small Business Continues to Decline; Rate of Small Business Hiring Remains Strong
January 31, 2023
The rate of hourly wage growth for U.S. small businesses continued to decline to 4.66 percent year-over-year in January according to the latest Paychex | IHS Markit Small Business Employment Watch.
January 24, 2023
Paychex announced that the company’s Board of Directors has voted to expand to 12 members from 11 members. The Board has also appointed Theresa M. Payton to fill the new position.
January 23, 2023
Paychex was named a winner in the 2023 BIG Innovation Awards, presented by the Business Intelligence Group. The award was presented in recognition of Paychex Voice Assist, an artificial intelligence (AI)-powered feature that offers the first voice-activated payroll experience on the market.
January 18, 2023
Paychex released the results of its fifth-annual Priorities for Business Leaders survey. The 2023 findings—which reflect the sentiments of 450 businesses employing between five and 500 employees across the U.S.—highlight the issues top of mind for leaders in today’s complicated economic, regulatory, and labor environments.