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Paychex Prepares Customers for Post-Pandemic Economy with Spring 21 Release

Share this article Share this article ROCHESTER, N.Y., May 11, 2021 /PRNewswire/  Today, Paychex, Inc., the HR software and services company that provides the power of simplicity for increasingly complex workplaces, announced new functionality to Paychex Flex ®, the all-in-one solution for HR, payroll, and benefits. The Spring 21 release helps businesses with the need to increase the speed of hiring and onboarding new employees, as well as giving them the ability to better understand, measure, and manage labor costs. In addition, Paychex continues to enhance its solutions to support businesses as they navigate federal stimulus programs and work to meet state-mandated retirement planning.

The Chicagoland Chamber of Commerce offers a new benefit to members: A Pooled Employer Plan ( PEP )

Share this article Share this article CHICAGO, May 11, 2021 /PRNewswire/  The Chicagoland Chamber of Commerce today announced that a new Pooled Employer Plan ( PEP ) will be made available to all current Chamber members. The Chicagoland Chamber of Commerce PEP offers members the opportunity to pool their retirement plans together, creating collective purchasing power that reduces cost and enhances services for its members and provides a 401(k) experience comparable to some of the largest companies in the country. The PEP will also enable Chamber members to more effectively manage fiduciary risk and outsource plan operations, often at a lower cost than a traditional 401(k) plan. 

Paychex Pooled Employer Plan Accelerates Growth Adding 2,000 Companies in Three Months

Paychex Pooled Employer Plan Accelerates Growth Adding 2,000 Companies in Three Months News provided by Share this article Share this article ROCHESTER, N.Y., April 19, 2021 /PRNewswire/  Paychex, Inc., the HR software and services company that provides the power of simplicity for increasingly complex workplaces, today announced their Pooled Employer Plan (PEP) offering added 2,000 clients since launch. Paychex, Inc. today announced their Pooled Employer Plan (PEP) offering added 2,000 clients since launch. In the brief time since PEPs have become available as a result of the SECURE Act, the new Paychex PEP is proving to be an attractive option for business owners seeking a simpler, cost-effective plan option, both for themselves and their eligible employees. Paychex is the number one 401(k) recordkeeper in the country for the past 10 years (by number of plans), according to PLANSPONSOR magazine. The company was one of the first to introduce a PEP, among retirement plan prov

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