The annual survey of business and HR decision-makers revealed HR priorities and workforce trends for an evolving workplace ROCHESTER, N.Y., Jan. 18, 2023 /PRNewswire/ — Paychex, Inc. , a leading provider of HR technology solutions for human resources, payroll, benefits, and insurance services, today released the results of its fifth-annual Priorities for Business Leaders survey. The 2023 findings—which reflect the sentiments of 450 businesses employing between five and 500 employees across the U.S.—highlight the issues top of mind for leaders in today’s complicated economic, regulatory, and labor environments. According to the survey, 70% of business leaders said they anticipate their revenue to increase year-over-year. However, they reported that the challenges of the past three years have contributed to ongoing stress. The survey found that: Inflation (72%) is the number one business concern regardless of company size. Followed by the economy (57%) and interest rates (44%). Staffing (46%) is the top operational challenge, in addition to the supply chain (38%) and keeping tech current (33%). Roughly half of the leaders of businesses with 10-500 employees expect attracting and retaining top talent to become more challenging in the next 12 months, with employee development, operational efficiencies, and managing the hiring process […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
