It’s one day to election day in the U.S., and as always, national economic issues are at the top of voters’ minds. The stakes are high for businesses of all sizes, and the latest data on corporates in America makes that abundantly clear. Small businesses are anxious, and there is evidence that large corporates’ cash management and investment strategies are also being shaped by political uncertainty. Small business employment, cash reserves and FinTech investment plans are all being shaped by this year’s presidential election.
Automated HR functions are a great way to free up HR professionals to focus on the human aspect of Human Resources, but are these functions benefiting your workforce? A new report, released by Paychex, highlights just how important your HR technology is to your workforce.
And a familiar host of challenges are weighing on owners’ minds: Healthcare, government regulation and complexity, and tax reform are all top issues, according to a recent Paychex survey.
The Department of Labor released the highly anticipated final overtime rule in May, expanding overtime pay eligibility to approximately 4.2 million salaried workers across the country.Despite recent news that a lawsuit has been filed by 21 states as well as a separate lawsuit filed by business groups led by the U.S. Chamber of Commerce both challenging the rule, businesses are urged to continue with preparation efforts for the Dec. 1, 2016 effective date.
More than four decades ago, Rochester entrepreneur Thomas Golisano shared his dream for his company. Today, as Paychex celebrates 45 years in business, Golisano's company has gone far beyond that dream.