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Friday, February 09 2018

Internal Payroll Issues/Cases Trending

Three Queens construction companies forced to pay back thousands to employees due to payroll ...

QNS.com

According to New York State Attorney General Eric Schneiderman, the employees at these companies lost out on thousands of dollars in wages. Lotus-C Corporation, Johnco Contracting Inc. and RCM Painting Inc. all committed payroll fraud by classifying full-time painters and carpenters as contractors.

Meraux woman pleads guilty to stealing $116K from Louisiana Supreme Court

NOLA.com

Corb was originally booked with 29 counts each of malfeasance in office, identity theft, computer fraud, public salary deduction and public payroll fraud, court records show, but was not indicted on those charges. Instead, she was formally charged Jan. 17 with four counts of identity theft and entered a ...

After troopers allegedly cheat the system, program back with restrictions

WWL First News

State Police Major Doug Cain says changes have been made to prevent payroll fraud. "Our patrol commanders, our patrol majors and our deputy superintendent of patrol brought some ideas to improve the program to Superintendent Kevin Reeves and we have launched those improvements," Cain said

Baltimore Police will use fingerprint scanning to combat overtime fraud

CSO Online

If you haven't been following the trial of Gun Trace Task Force officers, then extensive overtime fraud is just the tip of the iceberg. ... or if it will truly instill “a layer of trust in the community” that the police are “doing something” about “the vulnerability of the current paper-based payroll system to fraud.”.

Payroll Industry Articles Trending

Hackers Targeting Payroll Direct Deposit

PYMNTS.com

In an article penned for JD Supra by law firm Ogletree, Deakins, Nash, Smoak & Stewart, P.C., experts warned of a type of payroll scam that sees ... located and for what purposes,” explained Kira Rubiano, partner at global payroll service firm Celergo LLC, in an interview with Bloomberg BNA at the time

ATS, Onboarding & Payroll – PrimePay's New Solution is a Complete SMB HR Toolkit

HR Technologist

HR and payroll solutions provider PrimePay has launched a new product set designed for SMBs struggling to streamline hiring processes. Their Applicant Tracking and Employee Onboarding offerings are powered by popular ATS platform GetHired, and feeds directly into Online Payroll from PrimePay

Oklahoma City-based Paycom continues its growth, quarterly and annual earnings reports show

Tulsa World

OKLAHOMA CITY - Oklahoma City-based Paycom Software this week reported solid financial growth numbers for the fourth quarter and year. It said its revenue for the fourth quarter was $114 million, up 30 percent compared to the same quarter in 2017, and that its annual 2017 revenue of $433 million 

Paylocity Announces Second Quarter Fiscal Year 2018 Financial Results

GlobeNewswire (press release)

ARLINGTON HEIGHTS, Ill., Feb. 08, 2018 (GLOBE NEWSWIRE) -- Paylocity Holding Corporation (Nasdaq:PCTY), a cloud-based provider of payroll and human capital management software solutions, announced today financial results for the second quarter of fiscal year 2018, which ended Dec.

CBIZ Acquires Laurus Transaction Advisors LLC

Markets Insider

Paycom Software Guides for Strong Growth as Business Continues to Boom

Madison.com

Paycom Software (NYSE: PAYC), a software-as-a-service provider that focuses on the needs of human resource professionals, reported its fourth-quarter results on Tuesday, Feb. 6. Both revenue and adjusted EBITDA came in ahead of management's guidance once again, which shows that the ...

Zenefits Delivers Triple-Digit SaaS Business Growth

Digital Journal

SAN FRANCISCO--(Business Wire)--Zenefits today announced significant growth from 2017 and a positive outlook for the year ahead. The company's first year under the leadership of Chairman and CEO Jay Fulcher was marked by several major business shifts that moved the company from a ...

$84.94 Million in Sales Expected for Paylocity Holding Corp (PCTY) This Quarter - The Lincolnian Online

Fast-Growing Tech Company Paycom Opens Salt Lake City Sales Office

Business Wire (press release)

OKLAHOMA CITY--(BUSINESS WIRE)--Paycom Software, Inc. (“Paycom”) (NYSE:PAYC), a leading provider of comprehensive, cloud-based human capital management software, today announced its newest office opening in 2018, Salt Lake City. This addition brings Paycom's total number of sales ...

Payroll Financial News Trending

ADP: Not As Attractive As I Thought From A Dividend Perspective

Seeking Alpha

In my previous article on Automatic Data Processing (ADP), I made the argument that while the company has very favourable characteristics as a dividend aristocrat, the stock is simply too expensive and an investor would be better off waiting for a lower price before jumping in. Specifically, I ran a 

CBIZ (CBZ) Downgraded by Zacks Investment Research to “Sell”

The Ledger Gazette

CBIZ logo CBIZ (NYSE:CBZ) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Thursday. According to Zacks, “CBIZ, Inc. provides professional business services that help clients better manage their finances and 

Investment Partners Ltd. OH ADV Purchases Shares of 4580 Paychex, Inc. (PAYX)

The Ledger Gazette

Confluence Investment Management LLC now owns 1,735,799 shares of the business services provider's stock worth $118,173,000 after buying an additional 31,635 ... The Company offers services, including Payroll processing, Human Resource Services, and Accounting and Financial Services.

Pratt Collard Advisory Partners LLC Invests $1.75 Million in Paychex, Inc. (PAYX) Stock - The Ledger Gazette

JetPay (JTPY) Reaches $2.08 After 3.00% Up Move; Eaton Vance Floating-rate Income Plus Fund ...

Hill Country Times

JetPay Corporation provides debit and credit card processing, payroll, human capital management and card services to businesses and their employees in the United States. The company has market cap of $32.52 million. The firm operates through two divisions, JetPay Payment Processing and JetPay 

First Manhattan Co. Sells 162625 Shares of CBIZ, Inc. (CBZ)

The Lincolnian Online

CBIZ logo First Manhattan Co. decreased its stake in CBIZ, Inc. (NYSE:CBZ) by 6.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,327,893 shares of the business services provider's stock 

Paylocity Holding Corporation (PCTY) Plunges 5.22% on February 05

Equities.com

Paylocity Holding Corporation (PCTY) had a rough trading day for Monday February 05 as shares tumbled 5.22%, or a loss of $-2.64 per share, to close at $47.96. After opening the day at $50.19, shares of Paylocity Holding Corporation traded as high as $51.20 and as low as $47.66. Volume was ...

Zacks Investment Research Lowers CBIZ (CBZ) to Sell

The Ledger Gazette

CBIZ, Inc. logo Zacks Investment Research downgraded shares of CBIZ (NYSE:CBZ) from a hold rating to a sell rating in a research note released on Thursday. According to Zacks, “CBIZ, Inc. provides professional business services that help clients better manage their finances and employees

Exxonmobil Investment Management Inc. TX Has $3.46 Million Stake in Paychex, Inc. (NASDAQ ...

StockNewsTimes

Exxonmobil Investment Management Inc. TX lessened its stake in shares of Paychex, Inc. (NASDAQ:PAYX) by 12.9% in the 4th quarter, according to its most recent .... The Company offers services, including Payroll processing, Human Resource Services, and Accounting and Financial Services

Validea's Top Five Technology Stocks Based On Motley Fool - 2/4/2018

Nasdaq

The following are the top rated Technology stocks according to Validea's Small-Cap Growth Investor model based on the published strategy of Motley Fool . This strategy looks for small cap growth stocks with solid fundamentals and strong price performance. PAYCOM SOFTWARE INC ( PAYC ) is a ...

5220 Shares in Paychex, Inc. (PAYX) Acquired by Kovack Advisors Inc.

The Ledger Gazette

Victory Capital Management Inc. now owns 194,139 shares of the business services provider's stock worth $13,217,000 after purchasing an additional 18,568 shares during ... The Company offers services, including Payroll processing, Human Resource Services, and Accounting and Financial Services.

GW&K Investment Management LLC Sells 17724 Shares of Paychex, Inc. (NASDAQ:PAYX) - Week Herald

Addison Capital Company Has Trimmed FMC New (FMC) Stake by $579212; Paychex (PAYX ...

Paycom Software (PAYC) Given a $101.00 Price Target by Northland Securities Analysts

StockNewsTimes

Northland Securities set a $101.00 target price on Paycom Software (NYSE:PAYC) in a report issued on Thursday, January 11th. The brokerage currently has a buy rating on the software maker's stock. A number of other equities research analysts also recently weighed in on PAYC. Wells Fargo & Co set ...

Sawyer & Company Inc Buys Shares of 48130 Paychex, Inc. (NASDAQ:PAYX)

The Ledger Gazette

Payroll Insider Selling News Trending

 

Steven R. Beauchamp Sells 19958 Shares of Paylocity Holding Corp (NASDAQ:PCTY) Stock – Week

Insider Selling: Paylocity Holding Corp (PCTY) COO Sells 6900 Shares of Stock

Week Herald

Paylocity logo Paylocity Holding Corp (NASDAQ:PCTY) COO Michael R. Haske sold 6,900 shares of Paylocity stock in a transaction that occurred on Tuesday, January 16th. The stock was sold at an average price of $50.13, for a total value of $345,897.00. Following the sale, the chief operating officer 

Payroll Industry Jobs Trending

Project Administrator

ADP Careers

SKILLS AND KNOWLEDGE: Must be able to demonstrate· Professional representation of ADP at all times· A good understanding of project management· Service oriented aptitude with good written and verbal communication skills· Ability to work well under pressure meeting strict deadlines· Ability to

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