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PAYX Paychex Inc

139.09
-0.24 (-0.17%)
02 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Paychex Inc NASDAQ:PAYX NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.24 -0.17% 139.09 138.00 139.78 140.135 138.02 139.14 1,182,362 00:00:00

Paychex Announces Employee Engagement Solution

13/08/2024 2:00pm

Business Wire


Paychex (NASDAQ:PAYX)
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Interactive employee collaboration and performance management technology available with Paychex Flex® Engage

Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, employee benefits, insurance services, and payroll, has introduced Paychex Flex® Engage, a comprehensive employee engagement solution developed to help businesses digitally manage their workforce, drive collaboration, and enhance the employee experience.

Paychex Flex Engage combines employee engagement, performance reviews, rewards, and compensation management features into one place, resulting in a virtual collaboration and transparency for managers and employees to enable building a strong company culture.

“Employers today are managing a complex workforce made up of multi-generations and a mix of on-site, remote, and hybrid employees who often have varying needs and preferences,” said Tom Hammond, Paychex vice president of strategy, partnerships, and business development. “Now more than ever, digital employee engagement solutions are critical for organizational alignment, collaboration across teams, and an enhanced employee experience. Paychex Flex Engage was designed to create a simplified approach to talent and workforce management that can help retain top talent and enable our customers to compete as an employer of choice.”

Paychex Flex Engage includes the following workforce management capabilities to help managers engage more efficiently with their employees:

  • Employee Engagement: Enables interactions with employees through a social dashboard that lets employees stay plugged into company events, promotions, and more. Gives employees a voice to align values with an organization’s culture through surveys and polls.
  • Rewards & Recognition: Helps boost employee performance and cultivates an appreciation culture with peer-to-peer recognition tools, virtual high-fives, and reward badges to celebrate achievements.
  • Performance & Goal Management: Automates the review assignment process, schedules recurring one-on-ones, and sets goals that align with the overall business culture for a comprehensive performance management function that is flexible to business needs.
  • Compensation Management: Allows managers to create, view, and approve compensation with real-time budget tracking and tools to assist with making more informed pay decisions. Introduces automation into the rewards, merit, and bonus processes with new pay rates and effective dates when running payroll with no additional approvals.

To learn more about Paychex Flex Engage, visit go.paychex.com/flex-engage. A comprehensive list of the latest Paychex Flex features and enhancements can be found at paychex.com/product-releases.

About Paychex

Paychex, Inc. (Nasdaq: PAYX) is an industry-leading HCM company delivering a full suite of technology and advisory services in human resources, employee benefit solutions, insurance, and payroll. The company serves over 745,000 customers in the U.S. and Europe and pays one out of every 12 American private sector employees. The more than 16,000 people at Paychex are committed to helping businesses succeed and building thriving communities where they work and live. To learn more, visit paychex.com.

Media: Chelsea Wernick Public Relations Program Manager II (585) 216-2974 cwernick@paychex.com @Paychex

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