Paychex Offers Business Owners Educational Resources During National Payroll Week

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ROCHESTER, N.Y.--(BUSINESS WIRE)-- In celebration of National Payroll Week, Paychex, Inc. is offering resources to help employers evaluate their current payroll processing method, and determine if it is the right solution for their business. With the right payroll solution, business owners can maximize their time, minimize back-office concerns, and keep employees happy with accurate and on-time paychecks.

The available resources will help business owners understand their payroll obligations, the elements that make up payroll, the importance of tax and regulatory compliance, and the options available to them for processing payroll.

“To most people, payroll equates to receiving a paycheck at the end of each pay period. But in actuality, payroll is a complex system that relies on key relationships between employers, workers, payroll professionals, and government programs and agencies to succeed, and ultimately fuel the U.S. economy,” said Martin Mucci, Paychex president and CEO. “As a platinum sponsor, Paychex is proud to support the efforts of National Payroll Week to increase public awareness and understanding of payroll and the payroll withholding system.”

Paychex is offering the following resources during National Payroll Week to help business owners understand their payroll obligations, and the processing method best suited to meet the needs of their business:

  • White Paper: Payroll Processing and the Entrepreneur – The payroll world is complex, making it a potentially difficult transition from entrepreneur to employer. This white paper highlights the rewards of a consistent, accurate payroll for business owners and their employees.
  • White Paper: When Small Businesses Outsource Payroll – Small-business owners have several options for processing payroll – manual bookkeeping, in-house bookkeeping software, and hiring a professional payroll provider. This white paper examines the pros and cons of each.
  • White Paper: Mastering Payroll Compliance – Every year, government agencies collect millions of dollars in labor and tax penalties from businesses of all sizes. This white paper discusses 10 common payroll pitfalls business owners and employers should be aware of to help avoid fines.
  • Web Seminar: Payroll Outsourcing for Smaller Businesses – Small-business owners thinking about outsourcing their payroll function can learn about the associated benefits – from time savings and increased accuracy, to online payroll solutions and compliance with government rules and regulations – in a 30-minute web seminar on Thursday, September 8 at 3 p.m. ET.

About National Payroll Week

National Payroll Week was founded by the American Payroll Association in 1996. The payroll awareness campaign promotes financial literacy to all of its supporters while celebrating the hard work of America’s wage earners and the payroll professionals that pay them. Together, through the payroll withholding system, they contribute, collect, report, and deposit approximately $1.7 trillion, or 71.9 percent, of the annual revenue of the U.S. Treasury.

About Paychex

Paychex, Inc. (NASDAQ:PAYX) is a leading provider of payroll, human resource, and benefits outsourcing solutions for small- to medium-sized businesses. The company offers comprehensive payroll services, including payroll processing, payroll tax administration, and employee pay services, including direct deposit, check signing, and Readychex®. Human resource services include 401(k) plan recordkeeping, section 125 plans, a professional employer organization, time and attendance solutions, and other administrative services for business. A variety of business insurance products, including group health and workers' compensation, are made available through Paychex Insurance Agency, Inc. Paychex was founded in 1971. With headquarters in Rochester, New York, the company has more than 100 offices serving approximately 564,000 payroll clients nationwide as of May 31, 2011. For more information about Paychex and our products, visit www.paychex.com.

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Paychex
Tracy Van Auker
Public Relations Specialist
585-387-6433 (Media)
tvanauker@paychex.com
Twitter: @PaychexNews

Source: Paychex, Inc.

Released September 6, 2011