Payroll

Hourly wage growth at small businesses dampened this month, even though the pace of hiring remained strong.

Annual pay rose 7.3% year-over-year, ADP reported, although larger companies actually subtracted jobs.

Hourly earnings growth slowed last month to its weakest level since March of last year.

Modern businesses are looking for more holistic relationships with accountants who can offer increased support.

The accounting sector had the highest overall growth rate for bonuses this year in the professional services space, increasing 9.4%.

Plus, Alight releases a payroll solution; Softrax releases a new revenue management solution; and other news from the world of accounting technology.

The business and accounting software provider expects integrations and acquisitions to be key to its success in the United States.

Small businesses saw little change in their month-over-month hiring rates and hourly earnings growth, but the number of hours worked by employees rose, according to payroll giant Paychex.

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.