Miscellaneous
Restating agreed problems, value, and the action you’re proposing. Paychex’s cloud-based platform that unifies payroll, HR, benefits, and time management
What is a trial (assumptive) close.
The year-end form Paychex produces that reports employee wages and taxes to the IRS.
What is Form W-2?
The form used to verify work authorization for new hires that must be retained by the employer.
What is Form I-9?
This acronym represents the federal agency in charge of developing and enforcing worker safety regulations.
What is OSHA (Occupational Safety and Health Administration)?
Paychex was founded on this core service, which remains a focus for the company with more than 800,000 clients.
What is small business payroll?
Open-ended prompts designed to uncover challenges, goals, and context.
What are discovery questions?
The quarterly federal payroll tax return Paychex can file on behalf of employers.
What is Form 941?
The federal law that requires applicable employers to offer affordable health coverage or face penalties.
What is the Affordable Care Act, ACA?
This acronym stands for the service that allows Paychex clients to distribute paper checks to employees without the administrative hassle associated with paper check reconciliation.
What is Readychex?
This Paychex platform is one of the most comprehensive, mobile, and cloud-based technology suites available.
What is Paychex Flex?
The 60–90 second opener that sets context, confirms timing, and earns permission to ask questions
What is an agenda-setting opening? What are role-based permissions?
The process of calculating employee net pay from gross wages by applying taxes and deductions.
What is gross-to-net?
The notification sent to state agencies shortly after a hire to help enforce child support and unemployment rules.
What is new-hire reporting?
This acronym stands for the service that calculates premium each pay period based on actual wages and allows employers to pay their workers' compensation insurance premium on a per-pay-period basis.
What is P&C (Workers’ Compensation Payment Service)? What is an exception report?
Paychex has been delivering industry-leading service for this many years.
What is more than 50 years?
The missing "P" in PIPPC is Presentation, Probe.
What is a purpose.
The type of plan that allows certain pre-tax deductions, such as health and commuter benefits.
What is a Section 125 cafeteria plan?
A foundational HR document Paychex can help build that outlines company policies and workplace rules.
What is an employee handbook?
This acronym stands for CPA.
What is certified public accountant?
What was founded in what year and by who.
What is 1971 by Tom Golisano.
This acronym stands for the process of electronically transferring net payroll earnings from the client’s pre-authorized payroll bank account into the employees’ pre-authorized accounts.
What is ACH (Automated Clearing House)? What are payroll codes, such as earnings and deduction codes?
The state-based payroll tax managed per employer account and impacted by claims experience.
What is State Unemployment Insurance, SUI?
The FLSA classification determining eligibility for overtime pay and minimum wage protections.
What is exempt vs. non-exempt?
This acronym stands for HSA.
What is a health savings account.
Paychex largest acquisition was.
What is Paycor.