What’s New for July 2024 Product Release
Our latest platform releases in Paychex Flex® focus on navigating the new workforce, helping you leverage our talent management solutions to become a company where people want to work. You can:
- Streamline employee collaboration, performance, and compensation management to foster engagement
- Give employees access to personal and financial benefit options for their unique lifestyle needs
- Unlock your workforce’s potential with future-focused insights
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A Day in the Life of an HR Manager
Paychex Flex now offers Leah a simple approach to the day-to-day management of her people. She can create a work environment that fosters engagement, provide access to lifestyle benefits to support her team, and obtain data insights to help guide her workforce decisions.
Product Introductions
Paychex Flex Engage
Paychex Flex Engage provides a blend of features such as an interactive social dashboard, customizable rewards system, simplified compensation management, and performance evaluation tools designed to positively impact your bottom line while helping you develop high-performing teams.
Paychex Flex Perks
With Paychex Flex Perks, you can show employees that you prioritize their happiness and wellbeing inside and outside work. Offer employees a one-stop shop to find personal, professional, and financial benefit options to support their lifestyle needs.>
HR Analytics Premium Plus
HR Analytics Premium Plus can offer simple operational insights that allow companies to make faster, better-informed business decisions with pay benchmarking to support compensation planning.
Feature Releases
Features or enhancements made to existing areas of the platform to improve overall user experience and efficiency.
State Tax: Vermont Childcare Contribution Tax
You can set this up for Vermont workers starting in July. Plus, we can help you remit and file this tax, which aims to make childcare more accessible and affordable.
Oasis Platform: Mineral Access
Oasis clients now have an enhanced experience with a new ability to access the Mineral platform to view custom handbooks and HR resources and easily search for and find information on state or federal laws.
Minor Updates
- Form I-9 Completion Process: Now provided through Equifax (Phase 1)
- Time and Attendance: Timecard Summary Enhancement
- Paychex Flex Hiring Custom Questionnaires
- User Access: Notifications & Preferences (Phase 2)
- User Access: New Supervisor Role
Product Release Categories: What They Mean For You
Product Introduction
New Paychex technology solutions are introduced to address clients’ unique business needs as payroll and HR evolve, accompanied by in-app education and instruction to incorporate the product into your operations successfully.
Major Enhancement
Noticeable improvements are made to existing features in Paychex Flex, expanding the platform’s capabilities and offering you more tools to achieve business goals.
Feature Release
Additional features or enhancements are made to existing areas of the platform to improve overall user experience and efficiency while remaining at the front of the ever-changing technology landscape.
Minor Update
Subtle technology refinements are built to maintain a secure, best-in-class technology solution in the market, ultimately providing you with long-term value.
