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Friday, May 20 2016
Payroll Industry Headline News May 6, 2016 - May 19, 2016

Payroll Fraud Trending

Owners of Worcester payroll company Harpers Data sentenced in tax fraud case

MassLive.com

The McCulloughs are the co-owners of Harpers Data Services, a payroll company based in Worcester. William McCullough is the treasurer and his ...

OC business owner, bookkeeper charged in alleged tax evasion, fraud scheme

OCRegister

Authorities believe that Dee, the owner of the business, and Quast, the company's bookkeeper, provided the false payroll information to their workers'

Payroll Companies Trending

Zenefits CEO cashed out $10 million in stock before resigning

Fast Company

Parker Conrad, the former Zenefits CEO who was forced to resign in February after allegations that he created software to help employees cheat on ...

When Zenefits banned vacations for employees, COO David Sacks went to the Caribbean

Business Insider

In spring 2015, Zenefits' then CEO, Parker Conrad, promised that the 2-year-old company would hit $100 million in revenue by the end of the year.

How Do Paychex And ADP Compare On Core Payroll Processing Business?

Trefis

Paychex and ADP offer payroll processing services to businesses of varying sizes around the globe. Payroll processing includes the paper and ...

The SVP of Sales & Marketing of Paylocity (NASDAQ: PCTY) is Selling Shares

Analyst Ratings

Based on Paylocity`s latest earnings report from March 31, the company posted quarterly revenue of $69.77M and quarterly net profit of $6.16M.

Is Now a Good Time to Buy Square?

GuruFocus.com

... and has expanded into small business services like a financing program, Square Payroll, and Square Capital. Shares of Square plunged more than 

PrimePay Announces Executive Leadership Promotions Designed to Meet Key Objectives for ...

PR Web (press release)

PrimePay recently announced several changes within its infrastructure designed to help the organization focus on expansion and growth as the ...

Cbiz, Inc. (CBZ) Files Form 4 Insider Buying : Jerome P Grisko Buys 57 Shares

Market Digest

Cbiz, Inc. (CBZ): Jerome P Grisko , CEO & President of Cbiz, Inc. purchased 57 shares on May 16, 2016. The Insider buying transaction was reported 

ACA Articles Trending

A good prognosis for the Affordable Care Act as UnitedHealth says goodbye

Washington Post

The Affordable Care Act's critics seemed to get a shocking piece of new evidence when UnitedHealth Group, the country's largest health insurer,

Number of insurance co.'s offering coverage in NJ through Affordable Care Act drops to 4

NorthJersey.com

The number of insurance companies offering health coverage via the Affordable Care Act marketplace in New Jersey will dip to four next year when

The Affordable Care Act Three Years In: What's Working And What's Not

The Diane Rehm Show

The number of health insurance companies participating in the Affordable Care Act exchanges is dwindling. And many of the insurance plans 

Florida Health Insurers Seek Average 17.7% Rate Hike

Insurance News Net

May 13--Fifteen health insurers want an average 17.7 percent increase in premiums for Affordable Care Act individual plans, Florida officials said ...

Study: Bernie Sanders's single-payer plan is twice as expensive as he says

Vox

Sanders's vision of health care in America is one that eliminates any ... The Affordable Care Act extended coverage to millions of Americans — but it ...

Minimum Wage Articles Trending

How Minimum Wage Hikes Could Affect Franchisees

Eater

Two states (New York and California) and the city of Seattle have so far approved a $15 per hour minimum wage. With lawmakers in several other ...

States' Republicans Scramble to Halt Minimum Wage Initiatives

Newsweek

05_19_Minimum_Wage_01 Workers protest for a $15-an-hour nationwide minimum wage in Los Angeles on April 14. In Arizona, Maine, Colorado

Cleveland's $15 minimum wage proposal ignites epic battle: Mark Naymik

cleveland.com

A coalition of union members, activists and others are pressuring Cleveland officials to back a proposal that will set a $15-an-hour minimum wage in 

New Jersey bill raising minimum wage to $15 advances

Press of Atlantic City

TRENTON — The Democratic-led Legislature took the first step Monday toward hiking the state's minimum wage to $15 an hour, advancing legislation 

Trump's minimum wage flip-flop shouldn't be minimized: Tony May

PennLive.com

Donald Trump has been flip flopping recently on raising the minimum wage like a large mouth bass gasping for oxygen on the deck of a bass boat.

Sad But True: A Higher Minimum Wage Means That Some People Will Be Worse Off, Will Get ...

Forbes

As we all know there's something of an argument going on in the US about what the minimum wage should be. And there's lots of reports, assumptions 

Minimum wage hikes push Wendy's toward self-service

Colorado Springs Gazette

States such as California and New York that are moving toward a $15 minimum wage may be killing off the archetypal burger-flipping job rather than ...

Donald Trump, “Let States Set the Minimum Wage.”

Live Trading News

During an interview I watched last night Donald Trump said, “I like letting the states set the minimum wage.” Adding that the cost of living in each state ...

Posted by: SellMorePayroll.com AT 09:09 am   |  Permalink   |  Email
Friday, May 06 2016
Payroll Industry Headline News May 5, 2016

Payroll Fraud Articles Trending

Trenton plans $4.7M bond to pay IRS after fraud scheme

NJ.com

Trenton plans $4.7M bond to pay IRS after fraud scheme ... of a scheme by John Scholtz, the former president and CEO of Innovative Payroll Services

Mitchell Woman Arrested After She Allegedly Stole Money And Used Someone's Identity To ...

WBIW.com

22, 2015, officers with the Bedford Police Department were called to Bliss Place, on Shawnee Drive, after a report of payroll fraud. Officers spoke to the 

Payroll Company Articles Trending

Concord payroll firm among fastest-growing private companies

Wicked Local

Concord-based ConnectPay, a payroll and payments firm specializing in small to mid-size companies, was named among the fastest-growing private 

What Awaits Paycom Software (PAYC) this Earnings Season?

Zacks.com

A provider of human capital management software as a service, Paycom Software, Inc. (PAYC - Snapshot Report) is set to report first-quarter 2016

Paycom Software, Inc. Reports Record First Quarter 2016 Financial Results

Business Wire (press release)

OKLAHOMA CITY--(BUSINESS WIRE)--Paycom Software, Inc. (“Paycom”) (NYSE: PAYC), a leading provider of comprehensive, cloud-based human 

Paylocity plans big HQ in Schaumburg

Crain's Chicago Business

Paylocity Holding is negotiating to lease up to 300,000 square feet in one of these Schaumburg towers that insurer Zurich North America is leaving

Payroll Software and HR Platforms for Your Business

NerdWallet (blog)

How it works: Formerly known as ZenPayroll, Gusto offers payroll, benefits and workers comp insurance to more than 30,000 U.S. businesses

Customers of Payroll Giant ADP Hit By W-2 Hack

Inc.com

Employees at U.S. Bank and several other companies that use ADP for payroll and human resources management had their identities stolen by 

5 Great Alternatives to Zenefits for Small Businesses

PCMag India

One platform many businesses gravitate toward is Zenefits. The successful start-up has made a big name for itself in the HR space, having racked up

BenefitMall Announces Enhancements to Individual Quoting Engine

PR Newswire (press release)

DALLAS, May 4, 2016 /PRNewswire/ -- BenefitMall®, a leading provider of employee benefits and payroll services, has announced several 

ADP Earnings: HR Services Continue Growth Spree

Trefis

ADP (NASDAQ:ADP) announced its Q3 FY 2016 results, reporting 7% annual growth in revenue to $3.2 billion. Correspondingly, its cash operating ...

Were Analysts Bullish Paycom Software Inc (NYSE:PAYC) This Week?

The Post

Out of 11 analysts covering Paycom Software (NYSE:PAYC), 0 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means NaN are positive. Paycom Software

ACA Articles Trending

Affordable Care Act premiums could be on the rise

WFMZ Allentown

According to some experts, premiums for policies issued under the Affordable Care Act are projected to rise 20 to 30 percent, starting in the new year

Significant premium increases expected under Affordable Care Act

Press Herald

WASHINGTON – Insurers will seek significant premium hikes under President Obama's health care law this summer – bitter medicine for consumers 

The Impact of the Affordable Care Act on State Budgets

Nasdaq

The Affordable Care Act (ACA) has sought to expand eligibility to anyone who earns up to 133% of the federal poverty level. For states that agree to ...

The Affordable Care Act's Competition Crisis

Morning Consult

When President Obama described the Affordable Care Act's health-insurance exchanges in late 2013, he declared they would create “more choice, ...

Minimum Wage Articles Trending

Rampant Hypocrisy Reveals Downside Of $15 Minimum Wage

Forbes

Unions paid plenty of lip service toward this effort, which would raise the minimum wage to $15. The Los Angeles City Council is considering a ...

One of the most popular arguments against raising the minimum wage is getting demolished

Salon

You know that the fight to significantly increase the minimum wage in America is winning these days by the decibel level of its critics, warning that the

Florida Gov. Rick Scott wants to use the minimum wage hike to steal California businesses

Los Angeles Times

Now he says he has extra leverage: California's pending minimum wage ... “By raising the minimum wage in California, 700,000 people are going to ...

Posted by: SellMorePayroll.com AT 07:53 am   |  Permalink   |  Email
Wednesday, May 04 2016
Headline News April 15, 2016 - April 22, 2016
Payroll Fraud Articles Trending

 

Two executives of former Charlotte payroll company sentenced on fraud charges

Charlotte Business Journal

Two executives of a former Charlotte payroll services company were sentenced yesterday to prison time and ordered to pay at least $1.3 million in

IRS, Justice Department Warn Tax Cheats Are Prosecuted, Get Jail

Forbes

On March 16, 2016, Frank Alton Moody, II, an operator of Charlotte-area payroll services company CenterCede Services, Inc., was indicted for failing 


Payroll Service Bureaus Trending

Square: Does This Potential Hyper Growth Story Have Some Real Substance And A Path To ...

Seeking Alpha

Software at Square includes Square Payroll which is basically designed to be a functional, but limited payroll package that can be used to pay


SaaS health insurance brokers disrupting old order

TechTarget

Vendors including Zenefits and Lumity offer health insurance in their cloud HR. Disintermediation all over again? Local brokers are fighting back with ...

Why CEOs Shouldn't Try to be Rock Stars

Entrepreneur

This week, leading business publications reported that Parker Conrad, the former CEO of Zenefits, resigned amidst a compliance scandal. Zenefits

Minimum Wage Information Trending

Battle for $15 minimum wage coming to Florida

The Ledger

People march as they protest for increased minimum wages outside a McDonald's restaurant in December 2014 in the Little Havana area in Miami 

Though well-intentioned, a $15 minimum wage is as bad an idea as Trump's border wall

Los Angeles Times

Bernie Sanders wants a national $15-per-hour minimum wage and Hillary Clinton supports a $12 national minimum, but thinks $15 is right for some ...

  

Baltimore City councilwoman proposes $15 minimum wage

WBAL Baltimore

Under her bill, the minimum wage would be $15 an hour by 2020. Clarke says the bill could impact the wages of 25 percent of the city's workforce.

Who will pay for a $15 minimum wage?

Quartz

California and New York plan to phase in a $15-per-hour minimum wage over the next few years, amid a push for $15 to also be set as the national ...

A Family-Owned Business Braces for Minimum Wage Hike

Daily Signal

The San Diego, Calif., hotel he serves as chief executive officer of has been in his family for four generations, and Lai can rattle off childhood

After A Year, Seattle's New Minimum Wage Hasn't Raised Retail Prices

Co.Exist

More than a year after a new minimum wage took effect in Seattle-$12.50 an hour now for small employers, increasing to $15 an hour by January

Commentary: Got minimum skills, get minimum wage

The Herald-Times (subscription)

If we increase the minimum wage to $15 an hour, my expenses just went up $80, because each employee is now making $8 an hour more. And this ...

Federal Minimum Wage Hikes Do Reduce Teenage Employment

IZA

Federal Minimum Wage Hikes Do Reduce Teenage. Employment: The Time Series Effects of. Minimum Wages in the US Revisited. IZA DP No. 9864

Minimum Wage Hike Puts Nonprofits in an Awkward Position

National Council of Nonprofits

Weeks before that announcement, 77 percent of nonprofits that responded to a CalNonprofits survey backed an increased minimum wage

There's an even better solution to poverty than a $15 minimum wage

Tech Insider

Bernie Sanders and Hillary Clinton spent a great deal of time debating the merits of raising the minimum wage at the last Democratic debate on April 

Affordable Care Act Information Trending

Why President Trump Or Cruz Would Be Unsuccessful Dismantling Obamacare

Forbes

Such relationships are critical as the Affordable Care Act, private insurance companies and self-insured employers increase their contracts with ...

California Wants to Give Undocumented Immigrants Access to Obamacare

Fortune

But it would require a final sign-off from President Obama's administration since the Affordable Care Act specifically prohibits undocumented ...

UnitedHealth leaving most Affordable Care Act insurance exchanges

KABC

NEW YORK, April 19 (UPI) - UnitedHealth Group, the nation's largest health insurer, said it will exit by next year most of the 34 states where it offers ... 

One big insurer is leaving ACA exchanges - will others follow?

Louisville Business First

Lots of insurers have been talking about leaving the health insurance exchanges created under the Affordable Care Act. But one is proving it's not just ...

One of Arizona's largest health-care insurers to exit marketplace; second could follow

azcentral.com

The nation's largest health-care insurer, UnitedHealthcare, will exit the Affordable Care Act marketplace in Arizona next year, a move that will reduce ...

Posted by: SellMorePayroll.com AT 07:03 am   |  Permalink   |  Email
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