News Releases
Paychex Now a ‘Top 20’ Insurance Agency in the U.S.
July 5, 2018
Paychex Insurance Agency ranks number 20 on Business Insurance magazine’s 2018 list of the Top 100 Brokers of U.S. Business, up one spot from its number 21 ranking in 2017.
Paychex IHS Markit Small Business Employment Watch: Jobs and Wage Growth Slow in June
July 3, 2018
The Paychex | IHS Markit Small Business Employment Watch for June shows declines in the rates of small business jobs and wage growth. Following a small increase in May, the Small Business Jobs Index dipped in June to 99.40, marking a 0.69 percent decrease year-over-year and 12 consecutive months under 100. The pace of annual wage growth moderated, falling to 2.47 percent ($0.64) in June. It is the first time since early 2016 that wage growth has been below 2.50 percent. Read the full news release on the Small Business Employment Watch site.
Study: HR Sharpens Focus on Engagement, Company Culture
June 18, 2018
The 2018 Paychex Pulse of HR Survey reaffirmed HR’s critical role in shaping company strategy and revealed a sharpened focus on talent management.
Paychex Demonstrates Continued Commitment to Accounting Community at AICPA Engage 2018
June 11, 2018
As part of its presence at AICPA Engage 2018, Paychex, Inc., a leading provider of human capital management solutions for payroll, HR, retirement, and insurance services, will showcase its ongoing commitment to delivering technology and service solutions that empower accounting professionals to meet the payroll and HR needs of clients with efficiency and confidence. With solutions designed to ensure accountants provide greater client value and continuously enhance their role as trusted advisor, Paychex delivers:
Poll: 73% of U.S. Workers Want DIY HR Tools, Many Small Employers Fall Short
May 31, 2018
Employees want to be empowered. That’s the message borne out in a recent Paychex survey that found an overwhelming majority (73%) of full-time U.S. workers today expect their employer to provide a high-level of employee self-service, allowing them to independently complete a variety of HR-related tasks. A complementary poll of business owners, also conducted by Paychex, Inc., a leading provider of integrated human capital management solutions for payroll, HR, retirement, and insurance services, revealed that approximately half (53%) of employers with 500 employees or less do not currently offer their workforce any level of employee self-service.
Paychex IHS Markit Small Business Employment Watch: Job Growth Shows Slight Increase in May, Annual Wage Growth Dips
May 29, 2018
The Small Business Jobs Index grew for the first time since January, up 0.07 percent to 99.60. Job growth among small businesses is down 0.73 percent year-over-year, reflecting tightening labor markets. Hourly earnings grew $0.67 to $26.61, up 2.59 percent from last year. The pace of annual wage growth is down from its peak of 2.96 percent in June 2017. Read the full news release on the Small Business Employment Watch.