Press release
Latest Paychex Solutions Help Businesses Meet the Needs of the Modern Workforce
HCM technology provider announces enhanced solutions for talent retention, secure document management, and employee time tracking ROCHESTER, N.Y., March 28,
About this update from Paychex, Inc.
[{"type":"text","content":"HCM technology provider announces enhanced solutions for talent retention, secure document management, and employee time tracking\nROCHESTER, N.Y., March 28, 2022 /PRNewswire/ -- 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 better protect worker health and safety and help businesses address worker retention challenges through top-tier HR technology solutions.\n\n \n \n\n \n\"The modern workplace is here due to the accelerated adoption of digital technology, a distributed workforce, and the evolving needs of candidates and workers,\" said Tom Hammond, vice president of corporate strategy and product management at Paychex. \"Our clients need a provider that grows with their business and that evolves with the market by providing best-in-class HR solutions. The products included in our most recent release continue to build upon our strategy of supporting businesses as they navigate and recover from the impacts of the COVID-19 pandemic.\"\n\"We conduct ongoing market research to ensure we have a pulse on the needs and behaviors of businesses, our customers, and their employees,\" added Maureen Lally, vice president of marketing for Paychex. \"A recently commissioned report revealed insights on how workers in the modern workplace place a high value on employers supporting their well-being and that it is a significant consideration when looking for their next job. The solutions included in this product release address well-being in the workplace as well as business recovery through the retention of employees.\"\nThe modern workplace requires open communication, transparency, and the ability to promote a safe and productive work environment where employees feel supported, whether remote, hybrid, or on-site. According to a recent NAPEO survey, 66% of business owners and decision-makers have identified the worker shortage as the most challenging aspect of running a business. Additionally, fostering a safe workplace for employees, managing return to work policies that could include testing or vaccine management, as well as managing a distributed workforce ranked as top business challenges. The following solutions and product enhancements make up the latest Paychex pro...