Paychex THRIVE, a Business Podcast

Paychex, Inc.
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Paychex THRIVE, a Business Podcast

Join host Gene Marks for Season 3 and hear timely insights on marketplace conditions, proposed legislation, innovations, research, and success strategies from industry leaders, lawmakers, experts, and icons to help you propel your business forward and THRIVE.

  1. 3 DAYS AGO

    Labor Market Optimism, Financial Wellness, and a New Perk for Amazon Sellers

    This week, Gene Marks explores the trends set to shape your business in 2025 and beyond. He breaks down ZipRecruiter’s latest report that reveals growing optimism in the labor market and why hybrid work is here to stay. Next, Gene touches on the rise of financial wellness benefits, driven by an influx of Gen Z workers — are you keeping up with their unique needs? Plus, he looks at the game-changing Amazon-QuickBooks integration that promises to simplify life for countless third-party sellers. Listen to the podcast. Learn more about employee financial wellness programs and how they can benefit your business: https://bit.ly/3BNeKhz   DISCLAIMER:The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

    6 min

  2. DEC 12

    Modest Employment Growth, PIPs on Rise, Benefits of Small Businesses

    The monthly Paychex Small Business Employment Watch for November shows that job growth remains steady – and has been for 11 months with modest growth – but in areas impacted by hurricanes Helene and Milton the job growth has shown significant recovery. A report by the Wall Street Journal has shown that employers are using performance improvement plans (PIPs) more regularly and often as a way to terminate than as a way to help the employee get better. And small businesses continue to be popular as 1 in 5 Americans own one and 72% say they would open another. Learn more on the podcast. DISCLAIMER:The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

    6 min

  3. DEC 10

    What Compliance Challenges Does 2025 Hold for Businesses?

    As the new Director of Compliance at Paychex, Kelee Delaney oversees a team of experts who monitor the laws and regulations at the federal, state, and local level to provide support to teams within the organization, as well as its nearly 740,000 clients. With the elections over, Kelee talks with host Gene Marks on Paychex THRIVE, a Business Podcast, about changes that might be coming in 2025 with a new administration regarding potential compliance requirements for taxes, retirement, paid family leave, the overtime rule and other wage and hour issues, and artificial intelligence. Watch or listen to the podcast.     Topics Include: 00:00:00: Episode Preview 00:01:20: Introduction of guest Kelee Delaney 00:03:07: Overview of Tax Cuts and Jobs Act (TCJA) 00:06:44: Potential legislative changes and impact on tax strategy 00:10:01: Overview of SECURE 2.0 and retirement incentives 00:12:07: Saver’s Credit and Saver’s Match details 00:14:11: Impact of SECURE 2.0 on employers and employees 00:15:35: State-level retirement plan mandates 00:16:42: Mandatory paid time off regulations 00:18:57: Overview of overtime rules and recent changes 00:24:42: Impact of Supreme Court ruling on agency regulations 00:27:25: Developing AI policies for business 00:29:56: EEOC's role in addressing AI bias 00:34:00: Wrap-up and thank you   DISCLAIMER:The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

    35 min

  4. DEC 5

    Nominee for Labor Secretary and Macy’s Audit Surprising, PA Penalty for Tip Withholding

    The president-elect’s nomination for Labor Secretary comes as a bit of a shock for businesses and the GOP, especially since former Republican Congresswoman Lori Chavez-DeRemer favors unionization. Gene Marks shares some insights on this selection, plus points out the value of having a safety net process in place to conduct audits after Macy’s found $154 million had been hidden from the books by one individual. Gene also talks about how noncompliance with laws regarding tip pools is costing a Pennsylvania restaurant owner a steep penalty. Listen to the podcast. DISCLAIMER:The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

    6 min

  5. DEC 3

    Why Credit Unions Are a Hidden Gem for Entrepreneurs

    Get ready to rethink the way you bank. On this episode of Paychex THRIVE, Gene sits down with Kendall Garrison, president and CEO of Amplify Credit Union, to unpack how credit unions hold the key to a more equitable, customer-first approach to finance. From offering no-fee accounts to supporting small businesses with innovative services, Amplify is challenging the norms of the financial world. Wondering how this compares to traditional banks? Or how it could benefit your business? Kendall breaks it all down. Plus, he shares strategies for navigating today’s high-interest rate environment.   Topics include: 00:00 – Episode preview and welcome 01:07 – Introduction of guest Kendall Garrison 01:58 – Overview of Amplify Credit Union 02:42 – Definition and comparison of credit unions vs banks 04:05 – Credit union services for businesses 04:52 – Advantages of choosing a credit union 06:03 – Risk and liability in credit unions 07:32 – Additional services for employees of member businesses 08:13 – Financing options at credit unions 09:10 – Suitability of different business types for credit unions 10:30 – Amplify’s no-fee structure 13:12 – Revenue generation at Amplify 17:38 – Federal Reserve interest rate reductions and implications 20:27 – Current loan challenges for small businesses 22:40 – Discussion on current mortgage interest rates and housing market trends 25:35 – Wrap up and thank you   DISCLAIMER:The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

    27 min

  6. NOV 27

    Retail Results Mixed, Impact of Change in Overtime Rule, Scrutiny of Company Credit Cards

    Two major discount retailers in the U.S. have reported earnings that are polar opposite of one another, with Walmart showing hitting new highs and Target showing its worst miss on earnings predictions in two years. What will this mean for holiday season and beyond? Gene Marks talks about this, as well as the impact of the overtime rule reverting back to 2019 and how businesses are clamping down on credit card expenditures by employees. Listen to the podcast for more details. DISCLAIMER:The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

    7 min

  7. NOV 21

    California Employment Laws, Minimum Wage, Paid Leave Ballot Initiatives, NJ Construction

    In this week’s episode, Gene Marks takes a look at what’s happening around the country following elections at the state level. California, which historically gets out in front of others to set trends on legislation, has new laws regarding discrimination enforcement and driver’s licenses related to employment. Other states have minimum wage changes and ballot initiatives on paid leave, and New Jersey is flush with money for construction. Listen to the podcast for details.  DISCLAIMER:The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

    6 min

  8. NOV 19

    Election Aftermath: Managing Politics in the Workplace

    In the aftermath of a heated election, managing politics in the workplace is more important than ever. On this episode of Paychex THRIVE, Gene is joined by Paychex Talent Enablement Partners Alisha Moberly and Lisa Reyes to share practical ways to manage political discussions and potential conflicts at work. Learn about different tolerance approaches for political expression, the importance of establishing clear policies, and how to equip leadership to handle these challenges. Plus, hear what a new administration could mean for your business.   For more in-depth information on managing politics in the workplace, check out Alisha’s and Lisa’s on-demand webinar: https://bit.ly/3CwGqHv   Topics include: 00:00 – Episode preview and welcome 00:38 – Introduction of guests Alicia Moberly and Lisa Reyes 01:08 – Explanation of what Talent Enablement Partners 01:57 – Specific services provided to support Paychex customers 02:55 – Start of discussion about navigating politics in the workplace 04:31 – Encouraging post-election workplace civility 06:49 – Differences between employer's political stance and tolerance in the workplace 08:06 – Approaches for political tolerance in the workplace 10:37 – Perspectives on employers taking a political stance 12:28 – Establishing and enforcing political tolerance policies 18:45 – Managing and mitigating conflicts related to politics 20:10 – Importance of leadership training 21:20 – Managing political differences with customers 23:06 – New administration's impact on employers 26:09 – Upcoming regulatory changes 27:14 – Wrap up and thank you   DISCLAIMER:The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

    28 min
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Ratings & Reviews

4.9
out of 5
11 Ratings

About

Join host Gene Marks for Season 3 and hear timely insights on marketplace conditions, proposed legislation, innovations, research, and success strategies from industry leaders, lawmakers, experts, and icons to help you propel your business forward and THRIVE.

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