News Releases
Small Business Wage Growth Hits New High, Job Growth Consistent in November
December 3, 2019
The tight labor market continues to positively impact wage growth, according to the latest Paychex | IHS Markit Small Business Employment Watch.
Paychex One of the Best Places to Work in Insurance
November 19, 2019
Business Insurance magazine named Paychex Insurance Agency to its list of Best Places to Work in Insurance for a fifth year in a row in 2019.
FORTUNE® Names Paychex Among the ‘Future 50’ Companies Best Positioned for Growth
November 18, 2019
Paychex, Inc., has been included on FORTUNE magazine’s Future 50 list of companies that are best positioned for long-term growth by demonstrating both steady execution and strategic agility.
Small Business Wage Growth Gains Momentum, Job Growth Holds Steady in October
October 29, 2019
Paychex | IHS Markit Small Business Employment Watch shows small business hourly earnings growth hit 3.00 percent in October The tight labor market positively impacted wage growth in October, according to the latest Paychex | IHS Markit Small Business Employment Watch. Hourly earnings are on the rise, reaching 3.00 percent ($0.80) growth in October. Additionally, after hovering just above two percent to start the year, weekly earnings growth has quickly improved to 3.36 percent as month-to-month gains grow larger. At 98.14, the national jobs index remains essentially the same as last month (98.22).
Paychex Named to HRExaminer 2020 Watchlist for AI in HR
October 25, 2019
HRExaminer has named Paychex to its 2020 Watchlist for intelligent tools and artificial intelligence in HR. As part of the third annual report – The 2020 Index of Intelligent Tools in HR Technology – Paychex, Inc., a leading provider of HR, payroll, benefits, and insurance solutions, appears on the Watchlist for the first time.“Legacy providers have massive market advantages over startups,” noted John Sumser, HRExaminer founder and principal analyst, in the report. “With large datasets and existing customers, it’s easier to see intelligent tools as a path to increased customer satisfaction while reducing overall costs. Paychex is demonstrating that a broad-spectrum utilization of ‘AI’ tools can strengthen existing operations.”
One-in-Four Businesses Do Not Use Data Security Software to Defend Against Cyber Threats
October 24, 2019
According to the Paychex study, despite the growing risk of cyberattacks, 27 percent of business owners are not currently leveraging any type of data security software.