‘War for Talent’ Gains Intensity as Businesses Reopen: Paychex
Fiscal 2021 was “one of the most challenging periods” in the 50-year history of Paychex, said CEO Martin Mucci on an earnings call Friday for Q4 and the year ended May 31. Revenue growth was flat for the full year…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
compared with fiscal 2020, but up 14% year over year for the quarter, “as we began to see positive macroeconomic impacts from the economic stimulus and an increase in vaccinations that have allowed businesses to reopen and begin adding employees,” he said. There will be “continued challenges for employers as Americans continue to get vaccinated, state restrictions relax and businesses fully reopen,” said Mucci. “The war for talent has intensified.”