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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%).
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.”
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.
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.
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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