News Releases
Paychex Completes Acquisition of Oasis Outsourcing
December 21, 2018
Paychex today announced that it has completed the acquisition of Oasis Outsourcing Acquisition Corporation, the nation’s largest privately owned professional employer organization.
Paychex Introduces Simple and Easy-to-Use QuickBooks® Online Data Integration
December 17, 2018
Demonstrating continued commitment to making business simple through innovative technology and service solutions, Paychex, Inc., a leading provider of integrated human capital management solutions for payroll, benefits, human resources, and insurance services, today announced real-time data integration from the Paychex General Ledger Service (GLS) to QuickBooks Online.
Hourly Wage Growth Increased for the Third Month in a Row While Job Growth Slowed Slightly in November
December 4, 2018
The Paychex | IHS Markit Small Business Employment Watch for November shows that the tight labor market continues to make for challenging hiring conditions. The Small Business Jobs Index declined for the sixth consecutive month, falling 0.11 percent from October to 99.01 in November. Despite the low rate of job growth, the rate of hourly wage growth increased slightly, now standing at 2.38 percent ($0.63).Read the full news release on the Small Business Employment Watch site.
Paychex to Acquire Oasis Outsourcing
November 26, 2018
Paychex, Inc., today announced that it has entered into an agreement to acquire Oasis Outsourcing Acquisition Corporation (“Oasis”), the nation’s largest privately owned professional employer organization (PEO) and an industry leader in providing human resources outsourcing services.
Business Insurance Magazine Recognizes Paychex as a Best Place to Work in Insurance for Fourth Year in a Row
November 8, 2018
Paychex Insurance Agency, Inc., has been named to Business Insurance magazine’s list of the Best Places to Work in Insurance for the fourth consecutive year. The agency ranked 12th on this year's list of medium-sized employers.
Hourly Wages Rise Moderately as Job Growth Declines Slightly in October
October 30, 2018
The Paychex | IHS Markit Small Business Employment Watch data for October again reflects the tight labor market with a dip in job growth and uptick in wages. Down 0.06 percent from last month at 99.12, the Small Business Jobs Index has slowed 1.28 percent over the past two years, consistent with a declining rate of unemployment in the same timeframe. The rate of hourly earnings growth in October stands at 2.41 percent ($0.63), increasing for the second month in a row. Read the full news release on the Small Business Employment Watch site.