The added benefit makes Paychex Flex Perks more useful to clients and workers. Employers pay nothing extra, and the report gives no adoption or sales figures, so the business gain is unproven.
A wider benefits menu gives Paychex another way to serve employers and their workers. Offering the service at no added employer cost may make it easier to offer. The report gives no sign-up, usage, or added sales figures. The likely business benefit is therefore limited and not yet measured.
The integration puts PayPal Direct Deposit in front of Paychex Flex client employees and lets them receive pay early into PayPal Balance. The report gives no user or sales figures, so the size of the gain is unknown.
Follow Paychex (PAYX) free. When we publish a story about it, you get the plain-English explanation as an alert.
Get alerts for PAYX