News Releases
Paychex Launches Learning Management System at HR Technology Conference & Expo
September 6, 2018
At the 2018 HR Technology Conference & Expo Paychex will launch their new, web-based Learning Management System (LMS), Paychex Learning.
Top Five Payroll Priorities for Business Owners in 2019
September 5, 2018
Asked to consider the future of payroll for their businesses, employers cite direct deposit as the functionality they are most likely to offer employees in the next year. A recent survey, conducted in recognition of National Payroll Week by Paychex, Inc., a leading provider of integrated human capital management solutions for payroll, HR, retirement, and insurance services, polled 500 randomly selected business owners with two to 500 employees to find out what changes they plan to make to their payroll processes in the next 12 months.The study revealed the following five payroll priorities:
Weekly Hours Worked Up Among Small Businesses
September 4, 2018
While the Paychex | IHS Markit Small Business Employment Watch for August shows a continued decrease in the rates of small business jobs and wage growth, it also reveals that weekly hours worked are on the rise. Down 0.12 percent in August to 99.22, the Small Business Jobs Index has fallen for three consecutive months and is 0.73 percent lower than a year ago. The rate of hourly earnings growth in August stands at 2.21 percent. Despite the hiring slowdown, the number of weekly hours worked has been increasing for the past 21 months (up 0.52 percent YOY), helping weekly earnings growth (up 2.74 percent YOY).
Forbes' World's Most Innovative Companies
August 31, 2018
Paychex was named to Forbes magazine’s list of the World’s Most Innovative Companies, coming in at No. 76.
Paychex Again Makes the Top 5 on Selling Power’s “50 Best Companies to Sell For” List
August 6, 2018
For the sixth consecutive year, Paychex has been recognized by Selling Power magazine on its 50 Best Companies to Sell For list, ranking number three in 2018.
Paychex Again Recognized as Industry Leader in 401(k) Recordkeeping Services
August 1, 2018
For the eighth 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 defined contribution plans, serving 80,000 plans. The ranking was included as part of the annual Recordkeeping Survey published by PLANSPONSOR magazine, a national publication dedicated to the pension and retirement industry.