Payroll

Worrisome job losses occurred in a number of sectors, including professional and business services.

Hourly earnings and hiring slackened at small businesses, although workers put in more hours, boosting their weekly pay, Paychex reported.

The U.K.-based software solutions company announced the acquisition of Thomson Reuters' myPay Solutions.

The payroll solutions company appointed John Gibson as its new president and CEO.

Hourly earnings growth at small businesses declined to its lowest level since over a year ago, while hiring also slowed, according to a report from Paychex.

Many businesses have team members across state lines, and you may have clients with remote employees in other states. Payroll can get confusing and tricky in those situations!

The payroll and HR services company debuted three new services, and unveiled the findings of a new report on the services small businesses need from their accountants.

Utilizing a shadow payroll process, the payroll in the work country shadows (or mirrors) the compensation paid to the employee in their origin country.

The economy gained 315,000 jobs last month, the U.S. Bureau of Labor Statistics reported Friday, although the unemployment rate inched up two-tenths of a point to 3.7%.

Hiring in professional and business services and financial activities appears to be slowing.

Hourly earnings grew at small businesses this month, but the pace of job growth slackened.

The unemployment rate fell one-tenth of a point to 3.5%, a level not seen since before the pandemic.

The pace of pay and job increases declined from June, according to Paychex.

Ernst & Young employees were upset to discover their paycheck deposits had been reversed after a glitch at its payroll processing company ADP.

Small businesses kept adding jobs and increasing wages amid the tight labor market last month, but the pace declined from May, according to payroll company Paychex.

The economy added 390,000 jobs in May, the U.S. Bureau of Labor Statistics reported Friday, including 16,000 jobs in accounting and bookkeeping services.

The private sector added a modest total of 128,000 jobs in May, according to payroll giant ADP, but that was after losing 91,000 jobs at small businesses.

Employees at small businesses in the U.S. experienced the 12th month in a row of increases in hourly earnings this May, but the pace of job growth slackened, according to payroll giant Paychex.

Employees at accounting firms and other types of businesses are continuing to work remotely, or coming into the office less, as the COVID-19 pandemic continues with the emergence of new and more transmissible Omicron subvariants.

Employers in the private sector added 247,000 jobs last month, according to payroll giant ADP, as the labor market slowed amid inflationary pressures and rising interest rates, with small businesses losing ground.