News Releases
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.
Study: HR Professionals Focus on Strategy, Productivity, and Technology Amid New Challenges
August 3, 2020
The 2020 Paychex Pulse of HR Survey, released today, found that 88 percent of HR leaders feel they are a strategic partner within their organization, particularly as they play a vital role in navigating new regulatory challenges compounded by the COVID-19 pandemic.
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.