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Paychex expands Board of Directors, adds IT expert as newest member   (access required)

"As a respected technology expert, successful entrepreneur, and CEO, Theresa Payton is a rare combination of highly sought-after skills," said Martin Mucci, Paychex board chairman in a statement. "Her business acumen, intense focus on the needs of clients and her ability to provide sound governance insights on digital and security risks will make her a strong addition to our Board of Directors."

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Regus to open co-work space in Henrietta (access required)

A Regus co-work location is opening in Henrietta as the company continues to expand its national footprint (photo provided).

The expansion is part of IWG's strategy to capitalize on what it believes will be a continuation of migration toward co-work spaces. IWG founder and CEO Mark Dixon calls it the Great Lease Resignation, with companies finding savings with long-term hybrid work models. "We will see the Great Lease Resignation of traditional office space continue and the growing appeal of shared office and co-working spaces as a much more attractive alternative,” Dixon said in a news release.

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Small business wage growth moderates at end of 2022   (access required)

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The rate of hourly wage growth for U.S. small businesses continued to decline to 4.95 percent year-over-year in December, according to the latest Paychex | IHS Markit Small Business Employment Watch.   Additionally, the Small Business Jobs Index, which measures national ...

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Leo of JK Executive Strategies named a top agency recruiter (access required)

Miranda Leo, recruiting manager at JK Executive Strategies, has been named the No. 1 agency recruiter in Rochester by Top Recruiter. Just eight recruiters across the country were honored in the category by Top Recruiter, which recognizes those in 30 ...

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Paychex reports year-over-year increases in sales and net profit in Q2  (access required)

Paychex expands board with addition of new CEO Gibson

Paychex Inc. reported year-over-year growth in second-quarter sales and net income, due largely to the company’s strong execution and comprehensive suite of solutions, its leaders said.  The business reported before markets opened Thursday that net income was up eight percent to $360.3 ...

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Armbruster Capital Management names president   (access required)

Christopher Cebula has been promoted to president of Armbruster Capital Management Inc.  Cebula, who is also a partner at the Pittsford-based investment firm, has been an advisor there for nine years. He succeeds Mark Armbruster, who remains CEO.   In a ...

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Paychex reveals top regulatory issues for businesses in 2023 (access required)

This year, funding and tax credit eligibility rose to the top of the list, as business leaders manage the economic impacts of inflation and turn to programs like the Employee Retention Tax Credit and the Inflation Reduction Act.  

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Small business hiring and worker wages hold steady in November, survey shows  (access required)

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The rate of job growth and hourly earnings growth held relatively steady at U.S. small businesses in November, according to the latest Paychex | IHS Markit Small Business Employment Watch.  The Small Business Jobs Index moderated slightly -0.05 percent from the ...

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