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20+ High Impact HR Technology Acquisitions, Mergers, and More from 2020

Lighthouse

In 2020, in spite of the pandemic-related shutdowns and other business impacts, the HR technology industry was within a few M&A deals of the 2019 numbers we were tracking (approximately 50). It also helps to highlight certain trends and shifts in how the market operates, as we pointed out in our 2019 HR Tech M&A roundup.

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Adecco USA Adds DailyPay To Empower and Retain Workers As Unemployment Reaches Historic Lows

DailyPay

Adecco intends to roll out the daily pay benefit nationwide by the end of 2019. One in six Americans now has access to DailyPay through our trusted payroll service partners, including ADP, Paycor, Alight, SmartLinx, Netspend and other HR and payroll technology providers, who offer the daily pay product to their customers.

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Paycheck Protection Program (PPP): What You Need to Know About Payroll Protection

Paycor

You need payroll protection. This offers federal guaranteed loans to businesses with fewer than 500 employees to cover payroll and other essential costs. This offers federal guaranteed loans to businesses with fewer than 500 employees to cover payroll and other essential costs. View Payroll Protection Infographic.

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Webinar: How Paycor Can Take Blackbaud's Payroll 7 Clients To The Next Level - 1/16/20 @2pm ET

Paycor

Blackbaud’s Payroll clients have been asking for a more robust payroll offering and we’re excited to announce a new partnership between Blackbaud and Paycor. In this webinar, we’ll share: • A comparison between Payroll 7 and Paycor’s Payroll platform. • Thursday, January 16, 2019.

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Paycheck Protection Program (PPP): Loan Forgiveness

Paycor

Payroll Protection. The Paycheck Protection Program was established as part of the Coronavirus Aid Relief & Economic Security (CARES) Act, to offer small business low interest and forgivable loans that allow them to keep their employees on payroll (though certain other essential expenditures are permitted). Payroll Costs.

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Payroll Security in 2019: Basic & Advanced Tips to Protect Your Business

Paycor

Payroll data can be a treasure trove for hackers. Just think how much personal information a hacker can get from payroll… social security numbers, bank accounts, check stubs and home addresses for starters. Here’s what you need to know about payroll security in 2019. The Importance of Payroll Confidentiality.

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2019 Social Security Taxable Wage Base

Paycor

The limit is $132,900 for 2019, meaning any income you make over $132,900 will not be subject to social security tax. For 2019, the total amount of FICA tax withheld totals 15.9%, again with most employees paying half, splitting the amount with their employer (unless you’re self-employed, then you have to pay the entire 15.9%).

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