News Releases
Weekly Earnings Growth Continues to Increase as Jobs Growth Holds Steady
February 4, 2020
The latest Paychex | IHS Markit Small Business Employment Watch reflects a continuation of the tight labor market to start 2020. Weekly earnings growth improved for the 13th consecutive month, reaching 3.59 percent in January. Weekly hours worked were up 0.83 percent from last year, contributing to the growth in weekly earnings. The pace of small business employment growth remains consistent, with the national jobs index increasing slightly (0.01 percent) in January to 98.18. Read the full news release on the Small Business Employment Watch site.
Paychex Survey Reveals Most Important Issues for Business Owners This Election Year
February 3, 2020
The economy, taxes and healthcare rank as the top three issues business owners are watching most closely this election cycle.
Paychex Wins 2020 BIG Innovation Award for Retirement Services Participant Portal
January 27, 2020
Paychex won a 2020 BIG Innovation Award for its enhanced Retirement Services Participant Portal.
Paychex Among FORTUNE Magazine’s 2020 Most Admired Companies
January 21, 2020
Paychex today was named to FORTUNE® magazine’s 2020 list of the World’s Most Admired Companies, an annual report card on corporate reputation.
Weekly Earnings Growth Ends the Year at All-Time High
December 31, 2019
The competitive job market continues to drive wage growth higher, according to the latest Paychex | IHS Markit Small Business Employment Watch. Steady growth in hourly earnings and hours worked – with hours worked in December posting the strongest gains since 2012 – pushed weekly earnings growth to 4.13 percent, a new all-time high for employees of small businesses. The pace of small business employment growth remains consistent, with the national jobs index increasing slightly (0.06 percent) in December to 98.16. Read the full news release on the Small Business Employment Watch site.
Paychex Flex® Wins Gold Brandon Hall Group Excellence in Technology Award
December 16, 2019
Brandon Hall Group recognized Paychex Flex® for “Best Advance in HR or Workforce Management Technology for Small and Medium-Sized Businesses.”