08/19/2024 | Press release | Distributed by Public on 08/19/2024 07:01
Paychex FlexPerks is integrated directly into Paychex Flex, the company's cloud-based SaaS solution, and is tailored to the employee user experience, making it easy and intuitive to enroll in benefits. Employees can self-select additional benefits based on their personal needs,freeing up time for business owners and HR leaders to focus on more strategic initiatives that come with running a business.
"Based on our continuous monitoring of workplace challenges and customer needs, we see firsthand that many companies struggle to compete for talent in today's labor market due to lack of employee benefits beyond traditional healthcare," said Tom Hammond, Paychex vice president of strategy, partnerships, and business development.
Hammond added "Paychex is well positioned to create a unique marketplace and customized experience for the employees of our clients that offers valuable voluntary benefits. With Paychex Flex Perks, businesses of all sizes can offer enterprise-level benefits that either augment what is already provided to employees or enable our customers to offer employee benefits for the first time."
Paychex Flex Perks services are paid through employee payroll deduction at no cost to the employer and include:
Paychex will continue to expand the number of product integrations within Paychex Flex Perks based on evolving market and consumer trends as well as internal data to ensure the marketplace offers relevant and impactful benefits. To learn more about Paychex Flex Perks, visit go.paychex.com/employee-engagement. A comprehensive list of the latest Paychex Flex features and enhancements can be found at paychex.com/product-releases.
About Paychex[1]The Paychex Pay Deposit Account is established by Central Bank of Kansas City, Member FDIC. The Paychex Pay Debit Mastercard is issued by Central Bank of Kansas City pursuant to a license by Mastercard International Incorporated. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Certain fees, terms, and conditions are associated with the approval, maintenance, and use of the Deposit Account and Card. If you have any questions regarding your Deposit Account or Card, you should consult your Deposit Account Agreement and Fee Schedule or contact us toll-free 24/7/365 at 1-866-438-0579.
Chelsea Wernick began working at Paychex in October 2021 and currently serves as a public relations program manager. In this role, she is responsible for telling the story of the company's technology solution, Paychex Flex, and supporting the overall goals of the public relations department. Chelsea is a graduate of Rochester Institute of Technology and has a background in public relations and digital communications.