Payroll April 10, 2023
Inflation Hits the Tooth Fairy: Price Per Tooth Increases to Average of $6.23
The new value not only has children beaming with gap-toothed smiles but also represents a record high in the 25-year history of the poll.
Payroll April 5, 2023
4-Day Workweek Gains Lawmaker Support in Some States
In the past three years, at least six states — California, Hawaii, Maryland, New York, Pennsylvania and Washington — have considered bills to mandate, incentivize or allow the switch to a four-day week.
Small Business April 4, 2023
Small Business Jobs and Wages Saw Modest Increase in March
The March report also showed average hourly earnings increased slightly from the previous month to 4.64 percent.
Payroll April 4, 2023
Americans Forecast to Spend $24 Billion on Easter in 2023
Eighty-one percent of Americans will celebrate the holiday and spend an average of $192.01, the highest figure on record.
Payroll March 30, 2023
Half of U.S. Workers Earn Money from a Side Gig
Those earning $100,000 annually are more likely to have a growing supplemental income, the survey found.
Payroll March 27, 2023
Automatic Enrollment 401(k)s Become Automatic
If an employer includes an automatic enrollment feature in its 401(k) plan, it may encourage greater participation among the rank-and-file, especially younger workers.
Taxes March 24, 2023
A SIMPLE Way to Retirement Savings
The required minimum distribution (RMD) rules apply to SIMPLEs. Beginning in 2023, the new law increases the age threshold to 73, up from 72 under the initial SECURE Act.
Payroll March 23, 2023
Unemployment Rate Drops Again
Initial filings for jobless benefits fell by 1,000 to 191,000 in the week ended March 18, Labor Department data showed Thursday.
Payroll March 23, 2023
Paychex Charitable Foundation to Donate $1 Million to Mental Health America
The grant focuses on improving access to mental health education and resources in the company’s key markets across the U.S.
Payroll March 22, 2023
401(k)s Are Now Open to More Part-Time Workers
The 401(k) plan is one of the most popular qualified retirement plans around. However, in the past eligibility was generally restricted to an employer’s full-time employees.
Payroll March 21, 2023
What’s a $100,000 Salary Worth Across America
SmartAsset used its paycheck calculator to apply taxes to an annual salary of $100,000, and adjusted the amount for the local cost of living, including housing, groceries, utilities, transportation and other goods and services...
Payroll March 16, 2023
Small Biz Job Growth Improves
The rate of hiring for U.S. small businesses increased in February led by hiring in the leisure and hospitality industry according to the latest Paychex | IHS Markit Small Business Employment Watch.