Paychex news and trends

Paychex, Clover Team On HR Management
Partnerships / Acquisitions // December 23, 2020

Paychex, which provides solutions for HR, payroll, benefits and insurance, is offering users of Clover, a business management platform from Fiserv, the chance to streamline payroll services as well as time and attendance management, according to a press release. With Paychex Flex, now available via...

Quicker Payment Expectations Are Driving Real-Time Payroll Forward At Paychex
Faster Payments // November 26, 2020

Waiting two weeks to be paid doesn’t have to be par for the payroll course, says Tom Hammond, vice president of corporate strategy and product management for Paychex. In the Real-Time Payments Tracker, Hammond explains how real-time payroll solutions give employees access to wages on...

Report: Paychex Gives Traditional Payroll Cycle A Real-Time Makeover
Faster Payments // November 25, 2020

Slow payments have long frustrated businesses and consumers, forcing the former to readjust their timelines as they await funds and prompting the latter to put off purchases as they watch for transactions to finalize. Financial services providers have looked to solve these frictions using real-time...

ADP, Paychex Employment Reports Show Some Recovery For SMBs
Economy // September 30, 2020

Two new reports show that the U.S. job market continued to slowly recover in September, although small businesses reported only small gains. The ADP National Employment Report showed on Wednesday (Sept. 30) that private-sector companies added 749,000 new jobs in September, led by increased hiring...

Interviews & Exclusives
Small Firms Find Tight Labor Market A Costly Challenge

December 10, 2018
The big news in jobs this past week came from payroll firm ADP, which found the U.S. private sector added 179,000 jobs in November. ADP described the figure as “strong” and in line with analyst expectations, with mid-sized companies adding the majority of the positions (119,000). The services industry led the way, with the professional […]

Small Business Jobs Grow, But Even-Smaller Firms Struggling

July 10, 2017
How is U.S. employment stacking up? It depends on who you ask. The U.S. Labor Department announced Friday (July 7) that the country added 222,000 jobs in June, far surpassing...

Quick Reads
Payroll Firms Partner to Launch Payrocks to Offer Local Expertise

December 11, 2023
Seven European payroll firms have launched a partnership aimed at sharing their expertise. Dubbed “Payrocks,” the group was launched to “deliver high-quality HR services through authentic local experts, ensuring local knowledge and full compliance with local legislation,” its members said in a Monday (Dec. 11) news release.  The “Payrockers,” as they’ve called themselves, include ZetaService […]

Paychex, Clover Team On HR Management

December 23, 2020
Paychex, which provides solutions for HR, payroll, benefits and insurance, is offering users of Clover, a business management platform from Fiserv, the chance to streamline payroll services as well as...

Paychex CEO: SMB Employment Is Dropping

August 04, 2020
Martin Mucci, CEO of Paychex, the payroll processing and human resources company, said the amount of small- to medium-sized business (SMB) employment has fallen again, CNBC reported. The news comes...

Wages At Smaller Firms Reach Record High 

January 01, 2020
Small business employees are seeing fatter weekly paychecks, with an increase of 4.1 percent year-end, a nine-year high, CNBC reported on Wednesday, Jan. 1. Earnings growth was the biggest recorded...