ADP

Any boost for workers from a payroll tax cut that President Donald Trump favors would take weeks to kick in and the effects could be distributed unevenly.

Simplified 5500 Compliance Reporting Process aims to streamline the reporting requirements for employee benefit plans.

A “new normal” is framing day-to-day life as those in professional services return to work.

Private sector employers added 2,369,000 jobs in June, according to payroll giant ADP, in a promising sign of business recovery despite the COVID-19 pandemic. ADP also revised upward its May total from a loss of 2,760,000 jobs to a gain of 3,065,000 jobs.

The labor market has a long road ahead as businesses try to adjust to the outbreak of the COVID-19 pandemic.

Private sector employers slashed at least 2,760,000 jobs from April 12 to May 12, according to payroll giant ADP, on top of the 20 million job cuts in the previous monthly period.

COVID-19 wiped out most of the jobs gained since the 2008-09 recession despite extensive tax cuts and stimulus payments from the IRS.

Payroll giant Paychex is partnering with Biz2Credit, Fundera and Lendio to help small businesses apply for the new funding offered by the U.S. Small Business Administration’s Paycheck Protection Program.

The job gains were mainly at big companies and largely came before the outbreak of the coronavirus in the U.S.

A growing cohort of the gig workforce is actually working long-term inside traditional companies — and they’re pretty happy about it, according to research from ADP.