Whitepaper thumbnail on covid recovery and rebuilding
Get the Whitepaper:

SMBs & COVID-19: Peer Insights for Rebuilding and Recovery

Human Resources | Whitepaper
Last Updated: 08/11/2020

Get this free guide

While the COVID-19 pandemic has taken a heavy toll on many businesses, business owners have responded with an inspiring combination of resilience, determination, flexibility, and community spirit; although they are aware of the challenges ahead, businesses are innovating to find ways to succeed.

Paychex recently surveyed 300* randomly selected U.S. small and medium-size business owners about their outlook, top priorities, operational changes, hiring trends, reopening concerns, and more, amid the pandemic — including how they’re promoting their company and keeping employees and customers safe.

Download Peer Insights for Rebuilding and Recovery to learn how hundreds of business leaders across the U.S. are prioritizing, planning, and rebuilding for business in the new normal.

* Paychex conducted five separate online surveys of 300 principals of U.S.-based businesses with two to 500 employees. The survey was administered online by Bredin, a third-party research firm in five waves. Wave 1 was fielded April 17-20, 2020; Wave 2, April 24-27; Wave 3, May 1-4; Wave 4, May 15-17; Wave 5, June 11-15. Each survey has a +/-5.66% margin of error.

* This content is for educational purposes only, is not intended to provide specific legal advice, and should not be used as a substitute for the legal advice of a qualified attorney or other professional. The information may not reflect the most current legal developments, may be changed without notice and is not guaranteed to be complete, correct, or up-to-date.

Recommended for you

S corporation vs. LLC
Startup, Management | Article
S Corporation vs. Limited Liability Company: Which is Right for You?
Uncertain whether an S corp or LLC is right for your startup, or what these terms even mean? Keep reading. We'll break down the differences between these two entities.
Two individuals discussing Ways to Attract and Retain Top Talent
Human Resources | Webinar
Your “A” Players: 12 Ways to Attract and Retain Top Talent
Building an “A-team” takes “A-players”—those natural leaders who bring your company’s vision to life.  Positive, self-motivated, and inspiring to others, they are your top problem-solvers. Team leaders, they take the initiative and welcome challenges. They are enthusiastic, good communicators, and inspiring to their fellow employees.
Improve your social media strategy with daily practices.
Marketing | Article
5 Minutes a Day to a Better Social Media Strategy
Every small business owner knows how quickly you have to master the art of multi-tasking. Add social media manager for company accounts and it could start to seem that your to-do list is completely overwhelming. But five minutes a day could help you improve your strategy and increase your engagement.
Combining a High-Deductible Health Plan with an HSA
Employee Benefits, Group Health | Article
Combining a High-Deductible Health Plan with an HSA
Learn how a high-deductible health plan (HDHP) combined with a health savings account (HSA) allows employers to take advantage of several cost-saving benefits.
comparing SIMPLE IRA vs. 401k charts online
Employee Benefits, Retirement | Article
SIMPLE IRA vs. 401(k) Plans
Learn the difference between traditional 401(k) and SIMPLE IRA plans, and how they may affect you, your employees, and your business.
A business owner working on a spreadsheet
HCM, Payroll, Time & Attendance | Article
Benefits of Time and Attendance Tracking
Is the way you track employee time the most efficient it can be? Here are some technologies that could benefit both the business and the workforce.
cloud accounting
Accounting, Taxes, Finance | Article
How Cloud Accounting Can Ease Tax Season Woes
Cloud accounting for small business provides a user-friendly double-entry accounting system which generates financial data and support needed for IRS filings. Expense tracking is simplified and management reports are available at the touch of a button to assist with year-end tax planning.
payroll processing combined with 401(k) plan administration
Employee Benefits, Retirement, Payroll | Article
How Combining Payroll and 401(k) Plans Can Benefit Your Business
Don't let the fear of heavy administrative burdens deter you from offering a 401(k) plan, which can give your company a competitive edge in hiring.
Avoid hiring problem employees
Human Resources, Hiring | Article
Problem Employees You Should Avoid Hiring
A problem employee often represents more than a minor workplace irritation. He or she can demonstrate behavior that leads to diminished morale and lessened productivity. Here's what to watch for and some ways to solve the problem.

About Paychex

Paychex was founded over four decades ago to relieve the complexity of running a business and make our clients' lives easier, so they can focus on what matters most.

We provide: