10 Jul, 2017

CPA.com: Small Business Owners Increasingly Cautious About Employment Growth

By | 2017-07-17T11:59:43+00:00 July 10th, 2017|In The News|

After the election of President Trump in 2016, countless surveys reported increasing small business optimism. Post-election research conducted by Paychex showed similar results. Slightly more than half of respondents (small business owners) felt confident to highly confident in their ability to grow under the Trump Administration and 37 percent expressed moderate confidence. But has that optimism translated to small business employment growth?

9 Jul, 2017

SmallBizTrends.com: Small Business Wages Are Going Up, But Jobs Going Down, Study Finds

By | 2017-07-17T11:57:06+00:00 July 9th, 2017|In The News|

A recent report focused exclusively on small business has found wages from jobs at small businesses are going up nationally, but the amount of jobs is going down. The report by Paychex, a payroll, human resource, insurance and benefits outsourcing solutions provider for small-to medium-sized businesses, and IHS Markit, a provider of critical information, analytics and expertise, shows a Small Business Jobs Index at its lowest level since late 2011.

6 Jul, 2017

HRTechnologist.com: Small Business Jobs Index Dips to 2011 Level

By | 2017-07-17T11:53:13+00:00 July 6th, 2017|In The News|

With tightening labor markets, job growth in small business has been declining for the last four months and the current level of the Small Business Jobs Index hasn't been so low since late 2011. This worrying trend was revealed in the "IHS Markit Small Business Employment Watch" released for the month of June by Paychex, an integrated HR solutions provider. "Over the past month we've seen continued uncertainty as it relates to legislative policies that stand to impact small businesses," explains Martin Mucci, president and CEO, Paychex. "The decline in this month's index and modest growth in wages seem to reflect an unclear regulatory picture combined with a narrowing labor market."

5 Jul, 2017

CNBC.com: Small Business Hires Dropped in June

By | 2017-07-17T11:49:44+00:00 July 5th, 2017|In The News|

Small business hiring fell in June for the fourth-straight month, but wages rose, a report by human resources firm Paychex said Wednesday. The Small Business Jobs Index decreased 0.24 percent to 100.10 in June, its lowest level since late 2011. National hourly earnings for the month were $25.82, increasing 2.88 percent, or 72 cents, year over year.