News Releases
Paychex Ranks as Largest Provider of 401(k) Recordkeeping Plans for 10th Consecutive Year
July 31, 2020
For the tenth consecutive year, Paychex, Inc., one of the nation’s leading providers in 401(k) recordkeeping services, has earned the distinction of being the retirement industry’s leader in total number of 401(k) plans, serving more than 90,000 plans.
Paychex Enhances PPP Loan Forgiveness Solution to Produce Signature-Ready Application
July 23, 2020
Paychex has enhanced its Paycheck Protection Program (PPP) solution to generate a signature-ready application that simplifies the process of applying for PPP loan forgiveness for customers.
Paychex Named to Selling Power’s Annual “50 Best Companies to Sell For” List in 2020
July 10, 2020
Paychex ranks number four on the 2020 Selling Power list, its fourth straight year in the top five.
New Paychex Products Address Evolving Workplace Norms Due to COVID-19
July 6, 2020
Over the course of the last quarter, Paychex has released new solutions to help organizations stay connected, maintain compliance, unlock productivity, and lead with insights.
Small Business Reopenings Contribute to Improvements in Hours Worked
June 30, 2020
The latest Paychex | IHS Markit Small Business Employment Watch shows that employment growth held steady in June, with the jobs index moderating just 0.06 percent to 94.81. However, increases in weekly earnings signify an upward trend as more businesses reopened their doors, and employees resumed work. As such, annualized one-month growth in weekly hours worked reached 8.28 percent in June; weekly earnings growth rose to 4.02 percent; and hourly earnings growth increased to 3.46 percent ($0.94) year-over-year. Read the full news release on the Small Business Employment Watch site.
Biz2Credit to Host Forum with U.S. Senator Susan Collins on PPP Successes and Lessons Learned on Thursday, July 2
June 30, 2020
Biz2Credit, Paychex, Inc., and CPA.com today announced that they will co-host an online forum featuring U.S. Senator Susan Collins (R-ME), the co-author of the Paycheck Protection Program (PPP) and a leading advocate in the U.S. Senate for small businesses. Titled, The Paycheck Protection Program (PPP): A Retrospective and The Path Forward, the event will include time for Senator Collins to respond to audience questions from business owners, many of whom have received funding through the PPP.