09/22/2021 | Press release | Distributed by Public on 09/22/2021 10:50
Paychex, Inc., a leading provider of integrated human capital management (HCM) software solutions for human resources, payroll, benefits, and insurance services, has announced new enhancements designed to help employers hire and keep top talent in an ever-changing business climate, improve efficiency through automation, and provide access to HR information whenever and wherever is most convenient to them and their employees.
"The COVID-19 pandemic accelerated digital transformation in many organizations, changed the long-term employment landscape, and drastically increased the competition for talent," said Tom Hammond, Paychex vice president of corporate strategy and product management. "The products included in our most recent release were developed to help employers meet candidate and worker demand for increased flexibility, more competitive benefits, and easier access to HR data and information."
"According to recently commissioned Paychex research, an opportunity to introduce more efficiency and automation is a primary reason businesses are shopping for new HR technology," added Maureen Lally, Paychex vice president of marketing. "We conduct ongoing market research to understand the evolving needs and behaviors of our customers and prospects so that we can design our products and services to meet those expectations. These most recent research findings clearly underscore the need for the offerings featured in our fall launch."
Highlighting the Paychex Fall '21 release are:
"Our data suggests hiring and wages are both on the rise, which is an encouraging sign that the negative economic impacts of the pandemic are waning - but the road ahead won't be easy for employers or employees," said Hammond. "COVID-19 forever changed our thinking about how, when, and where work gets done. Work from home has shifted recruiting to a national level, introducing a critical need to ensure compensation and benefits are aligned to national averages. The strategic investments we're continuing to make to our software solutions will arm organizations with the tools they need to hire, engage, and retain the talent that will drive business success well into the future."
Visit payx.me/fall2021 to learn more about how these Paychex solutions are enabling the future of work.
Tracy Volkmann began working at Paychex in July 2014 and currently serves as the public relations program manager. In this role, she is responsible for research PR efforts, as well as all publicity for the company's technology solution, Paychex Flex, and supporting overall goals of the public relations department. Tracy is a graduate of St. Bonaventure University and has a background in collegiate athletic communications, having spent seven years at West Point.