Paychex news and trends

Payroll Firms Partner to Launch Payrocks to Offer Local Expertise
Payroll // 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)...

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...

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
Paychex Offers Earned Wage Access in New Employee Benefits Marketplace 

August 21, 2024
Human capital management software company Paychex has debuted an employee benefits marketplace. Paychex Flex Perks, announced Wednesday (Aug. 21), offers products including early access to earned wages, financial wellness solutions, and voluntary lifestyle benefits for the employees of Paychex clients. The marketplace is integrated directly into Paychex Flex, the company’s cloud-based software-as-a-service (SaaS) solution, letting […]

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...

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...