News Releases
Wolters Kluwer Extends CCH® AnswerConnect with PPP Loan Forgiveness Estimator for Accounting Firms, Powered by Paychex
September 30, 2020
Today, Wolters Kluwer Tax & Accounting announced that users of its award-winning CCH® AnswerConnect online research platform now have access to a Paycheck Protection Program (PPP) loan forgiveness estimator developed by Paychex, Inc., a leading provider of HR, payroll, benefits, and insurance solutions.
Small Business Jobs Index Increases Slightly Driven by Gains in the Northeast and the Construction Industry
September 29, 2020
The latest IHS Markit Small Business Employment Watch shows a slight increase in hiring from the previous month, rising 0.06 percent nationally and 0.36 percent in the Northeast. The national jobs index stands at 94.44, remaining in line with April’s reading of 94.63. Small business wage growth slowed to 3.14 percent in September, while growth in weekly hours worked maintained a solid pace, up 0.65 percent from last year. Weekly earnings growth held steady at 3.86 percent in September. Read the full news release on the Small Business Employment Watch site.
Paychex Introduces Solutions to Help Businesses Manage Employee Health and Safety
September 24, 2020
The newest Paychex offerings include COVID-19 leave tracking, COVID-19 screening, and health attestation solutions.
Growth in Hours Worked Contributing to Wage Gains for Employees of Small Businesses
September 1, 2020
The latest IHS Markit Small Business Employment Watch shows that despite hiring remaining flat since its drop-off in April, employees of small business are seeing the benefits of solid wage growth. Hourly earnings growth was steady at 3.28 percent in August and weekly earnings continue to improve as the number of hours worked increases. The national jobs index stood at 94.39, moderating 0.21 percent from the previous month. Read the full news release on the Small Business Employment Watch site.
Paychex Flex® Wins Lighthouse Research & Advisory HR Tech Award for Best Small and Medium Business Core HR/Workforce Solution
August 13, 2020
Paychex Flex® was recognized with an HR Tech Award for Best Small and Medium Business (SMB)-focused Solution in the Core HR/Workforce category.
Small Business Employment Rebound Moderates in July
August 4, 2020
The latest IHS Markit Small Business Employment Watch shows that employment growth moderated as new COVID-19 hot spots emerged in the South and West regions of the U.S. The national jobs index slipped 0.24 percent in July to 94.59. Hourly earnings growth also slowed slightly to 3.29 percent last month, but increasing hours worked, spurred by the shifting workforce composition, drove weekly earnings growth up to 4.14 percent, with one-month and three-month annualized growth rates topping five percent. Read the full news release on the Small Business Employment Watch site.