Articles from CBIZ, Inc.

CBIZ, Inc. (NYSECBZ) ("the Company"), a leading national professional services advisor, today announced the appointment of Kathy Raffa as an independent director to the Company's Board of Directors, effective Jan. 15, 2025. Ms. Raffa was added to the Board of Directors pursuant to CBIZ’s acquisition of the non-attest assets of Marcum, which closed Nov. 1, 2024.

The CBIZ Small Business Employment Index (“SBEI”) reported a seasonally adjusted decrease of 0.83% in November, marking the third consecutive month of declines. The CBIZ SBEI tracks payroll and hiring data for over 2,800 companies with 300 or fewer employees, providing broad insight into small business trends.

The CBIZ Small Business Employment Index (“SBEI”) reported a seasonally adjusted decrease of 0.58% in October, marking the second consecutive month of decline and the fourth negative month out of the past six. The CBIZ SBEI tracks payroll and hiring data for over 2,800 companies with 300 or fewer employees, providing broad insight into small business trends.

CBIZ, Inc. (NYSECBZ), a leading provider of financial, insurance and advisory services, has released the Fall 2024 Main Street Index, taking the pulse of and gauging the outlook for small and mid-sized businesses (SMBs). The index revealed that companies are facing growing staffing challenges, as rising business costs and economic conditions are prompting potential layoffs. Fifty-one percent of SMB owners surveyed say they are evaluating or changing current staff levels and outsourced partners to prepare for a potential economic downturn. Additionally, 62% of businesses report they are able to utilize their staff to its full capacity, down 7% from June.

CBIZ, Inc. (NYSECBZ), a leading national provider of financial, insurance and advisory services, announced today that it has named Donna Mirandola as its next Chief Marketing Officer, effective August 26, 2024, following a national search. She replaces Mark Waxman, who retired from the position at the end of 2023.

CBIZ, Inc. (NYSECBZ), a leading provider of financial, insurance and advisory services, has released the CBIZ Main Street Index — Summer 2024, taking the pulse of and gauging the outlook for small and mid-sized businesses (SMBs). While the Index found a notable sense of confidence for SMBs, labor challenges remain the top concern. About two-thirds (62.4%) say having an adequate number of skilled workers is their biggest concern, up 16% from January 2024. To address workforce issues, nearly half of respondents (44.9%) are enhancing compensation and/or health and benefits packages.

CBIZ, Inc. (NYSECBZ) today announced the launch of CBIZ D@taNEXUS, a comprehensive suite of data analytics and automation services which helps clients transform complex, multi-source information into actionable insights, empowering business leaders to make smarter decisions faster.

CBIZ (NYSECBZ), a leading national provider of insurance, financial and advisory services, released its second annual State of Health Care Report. This year's findings highlight how critical it is for employers to offer health care benefits that are not only comprehensive but also specifically tailored to meet the changing needs and desires of the American workforce, highlighting the connection between such benefits and the ongoing challenge of attracting and keeping top talent.

CBIZ, Inc. (NYSECBZ), a leading national provider of financial, insurance, and advisory services, has announced the honorees of its fourth annual Women Transforming Business Awards powered by CBIZ Women’s Advantage. Honorees for these awards are being announced today in celebration of International Women’s Day.

CBIZ, Inc. (NYSECBZ), a leading provider of financial, insurance and advisory services, has released the results of its Q1 2024 Main Street Index, taking the pulse of and gauging the outlook for small and mid-sized businesses (SMBs). Companies reported a notable positive shift in economic sentiment, with only 33% reporting concerns about interest rates affecting their bottom line, compared to 61% in the third quarter of 2023. Still, more than four in 10 businesses (44%) have some degree of concern about a recession.

The CBIZ Small Business Employment Index (“SBEI”) reported a seasonally adjusted increase of 0.15% in November after experiencing two consecutive months of declines in hiring. The CBIZ SBEI tracks payroll and hiring trends for over 3,100 companies that have 300 or fewer employees, providing broad insight into small business trends.

CBIZ, Inc., the leading provider of professional advisory services, focused on accounting, benefits and insurance, HR and payroll solutions, is honored to be a member of the International Benefits Network (“IBN”), a global network of independent employee benefits and wellbeing consulting firms in over 80 countries. CBIZ has also now been appointed to the prestigious IBN Global Council which is responsible for the overall strategy and leadership of the member Network.

CBIZ, Inc. (NYSECBZ), a leading national provider of financial, insurance and advisory services, announced today that nominations are now open for its fourth annual Women Transforming Business Awards (WTBAs). The awards, powered by CBIZ’s Women's Advantage ("CWA"), honor leaders who have driven significant change within their organizations and communities in five categories: financial strength, innovation, culture, community impact, and emerging leadership.

CBIZ, Inc. (NYSECBZ), a leading national provider of financial, insurance and advisory services, announced today that it has named Jaileah (Leah) Huddleston as the company’s new Chief Legal Officer and Corporate Secretary, effective Dec. 11. Huddleston replaces CBIZ’s long-time General Counsel and Secretary Mike Gleespen, who retired in Aug. 2023.

CBIZ, Inc. (NYSECBZ), a leading provider of financial, insurance and advisory services, has released the results of its Q3 2023 Main Street Index, taking the pulse of and gauging the outlook for small and mid-sized businesses (SMBs) amid the current economic downturn. While most businesses expect the economy to continue its current downturn, additional data points to some concerns on Main Street, notably with cash flow and higher borrowing rates.

The CBIZ Small Business Employment Index (“SBEI”) reported a seasonally adjusted increase of 1.34% in May. Small businesses remain focused on hiring and retaining talent as demand increases in the summer season. The CBIZ SBEI tracks payroll and hiring trends for over 3,200 companies that have 300 or fewer employees, providing broad insight into small business trends.

CBIZ, Inc. (NYSECBZ), a leading provider of financial, insurance and advisory services, has released the results of its Q2 2023 Main Street Index, taking the pulse of and gauging the outlook for small and midsize businesses (SMBs) amid the current economic downturn. The results show contractions in all facets of business sentiment, most notably revenue and access to credit. The responses brought the index’s Business Confidence Study, a weighted average of SMB confidence-focused questions, down from 68 points last quarter to just above 60 points.

The CBIZ Small Business Employment Index (“SBEI”) reported a seasonally adjusted increase of 0.01% in April. Despite economic headwinds, small business owners continue to search for skilled workers. The CBIZ SBEI tracks payroll and hiring trends for over 3,300 companies that have 300 or fewer employees, providing broad insight into small business trends.

CBIZ, Inc. (NYSECBZ), a leading provider of financial, insurance and advisory services, names the winners of the third annual Women Transforming Business Award, which is powered by CBIZ’s Women's Advantage (“CWA”). CBIZ honored the winners in all four categories at a virtual celebration on May 3, which featured keynote speaker Erica Dhawan, CEO of Cotential and thought leader on authentic communication and digital teamwork.

CBIZ, Inc. (NYSECBZ) today announced that CBIZ Investment Advisory Services, LLC (“CBIZ IAS”) has been ranked third on Barron's Top 100 Institutional Consulting Teams list. This marks the fourth consecutive year CBIZ IAS has made the list and the 2023 ranking increased a position higher from its placement in 2022.

The CBIZ Small Business Employment Index (“SBEI”) reported a seasonally adjusted increase of 1.36% in March. Small businesses, aside from the tech industry, are showing resilience and a willingness to hire talent. The CBIZ SBEI tracks payroll and hiring trends for over 3,300 companies that have 300 or fewer employees, providing broad insight into small business trends.

The CBIZ Small Business Employment Index (“SBEI”) reported a seasonally adjusted decrease of 0.19% in February. With small business owners continuing to face labor shortages, retaining talent remains a top priority. The CBIZ SBEI tracks payroll and hiring trends for over 3,300 companies that have 300 or fewer employees, providing broad insight into small business trends.

CBIZ, Inc. (NYSECBZ), a leading national provider of financial, insurance and advisory services, has announced the finalists for its third annual Women Transforming Business Awards powered by CBIZ Women's Advantage (“CWA”). The awards honor leaders who have driven significant change within their organizations and communities in four distinct categories: financial strength, innovation, culture, and community impact. Finalists are announced today in honor of International Women’s Day.

CBIZ, Inc., a leading provider of financial, insurance and advisory services, unveils its new logo today to better reflect the 27-year-old company’s growth in size, scope, service offerings and team, as well as its plans for continued innovation as a recognized leader in professional services. The modernized look tells CBIZ’s story from its founding to today, and its growth over time through acquisition of best-in-class firms that have enabled the company to offer a breadth of services and depth of expertise unmatched in the industry.

CBIZ, Inc. (NYSECBZ), a leading provider of financial, insurance and advisory services, has released the results of its Q1 2023 Main Street Index, taking the pulse of and gauging the outlook for small and mid-sized businesses (SMBs). The results showed companies are preparing for the possibility of recession but remain optimistic about their near-term future. This includes 81% of small to mid-sized businesses that project revenue will remain the same or increase by as much as 10% over the next few months.

CBIZ, Inc. (NYSECBZ), a leading provider of business consulting, tax and financial services, announces the elevation of Steven Janssen to Managing Director of the Tampa Bay, Florida, office.

The CBIZ Small Business Employment Index (“SBEI”) reported a seasonally adjusted decrease of 1.97% in January. The data for this month shows some weakness in small business hiring as activities surrounding the holiday season subside. The CBIZ SBEI tracks payroll and hiring trends for over 3,300 companies that have 300 or fewer employees, providing broad insight into small business trends.

The CBIZ Small Business Employment Index (“SBEI”) reported a seasonally adjusted increase of 0.84% in December. The previous downward trend in hiring reversed in November and December, signaling a positive sign for small business owners going into the new year. The CBIZ SBEI tracks payroll and hiring trends for over 3,500 companies that have 300 or fewer employees, providing broad insight into small business trends.

The CBIZ Small Business Employment Index (“SBEI”) reported a seasonally adjusted increase of 0.59% in November. The reading showed an increase in hiring, a reversal in the downward trend that was observed in the three previous months. The CBIZ SBEI tracks payroll and hiring trends for over 3,500 companies that have 300 or fewer employees, providing broad insight into small business trends.

CBIZ, Inc. (NYSECBZ), a leading national provider of financial, insurance and advisory services, announces that nominations are now open for its third-annual Women Transforming Business Award. The award, powered by CBIZ’s Women's Advantage ("CWA"), honors leaders who have driven significant change within their organizations and communities in four categories: financial strength, innovation, culture and community impact. Nominations are now open, and finalists will be announced on International Women’s Day on March 8, 2023. Finalists will be recognized, and winners announced in a virtual event at the beginning of May, 2023.

Justin Bonestroo, Senior Vice President of the Retirement and Investment Solutions practice of CBIZ, Inc., a leading provider of financial, insurance and advisory services, was confirmed as incoming President of the American Society of Pension Professionals & Actuaries (ASPPA) at their Annual Business Meeting on October 23. He will assume duties as President-Elect effective January 1, 2023.

Thomas (Tom) Finnegan, President of the Actuarial Practice of CBIZ has been honored with The Eidson Award from the American Society of Pension Professionals & Actuaries (ASPPA), ASPPA’s highest honor. The award recognizes retirement professionals that have made a lasting impact on the industry.

CBIZ, Inc. (NYSECBZ), a leading provider of financial, insurance and advisory services, has released the Q4 2022 CBIZ Main Street Index, which takes the pulse of and gauges the outlook for small and mid-sized businesses (SMBs). The results reveal the majority of business owners expect a recession to affect their operations in the coming months but remain optimistic about their ability to navigate the changing environment.

The CBIZ Small Business Employment Index (“SBEI”) reported a seasonally adjusted decrease of 0.20% in September. The reading showed a decrease in hiring for the second straight month, as small businesses adjust hiring levels for the fall and winter months. The CBIZ SBEI tracks payroll and hiring trends for over 3,600 companies that have 300 or fewer employees, providing broad insight into small business trends.

CBIZ, Inc. (NYSECBZ), a leading provider of financial, insurance, and advisory services, announces the promotion of Bob Batz to Senior Managing Director of the Tampa Bay, Florida, office.

CBIZ, Inc. (NYSECBZ), a leading provider of financial, insurance and advisory services, has released the Q2 2022 CBIZ Main Street Index, which takes the pulse of and gauges the outlook for small and mid-sized businesses (SMBs). The results reveal the majority of business owners are optimistic about their future. Additionally, Main Street businesses are exercising resilience and nimbleness as they navigate multiple challenges brought on by high prices amid a potential economic downturn.

The CBIZ Small Business Employment Index (“SBEI”) reported a seasonally adjusted decrease of 1.91% in May, a stark change from the unseasonably strong hiring growth found in the April report. The CBIZ SBEI tracks payroll and hiring trends for over 3,600 companies that have 300 or fewer employees, providing broad insight into small business trends.

The CBIZ Small Business Employment Index (“SBEI”) reported a seasonally adjusted increase of 1.59% in April. The significant gain in the reading signals the labor market is strengthening among small businesses with hiring increases seen over the past two months. The CBIZ SBEI tracks payroll and hiring trends for over 3,700 companies that have 300 or fewer employees, providing broad insight into small business trends.

CBIZ, Inc. (NYSECBZ), a leading provider of financial, insurance and advisory services, names the winners of the second annual Women Transforming Business Award which is powered by CBIZ’s Women's Advantage (“CWA”). The virtual celebration also included a keynote discussion with Martha Stewart, Founder of Martha Stewart Living Omnimedia, about the business challenges she has faced, how she overcame them and what her future plans may look like.

CBIZ, Inc. (NYSECBZ) today announced that CBIZ Investment Advisory Services, LLC (CBIZ IAS) has been ranked #4 by Barron's in the publication’s list of the Top 100 Institutional Consulting Teams nationwide. This marks the third consecutive year CBIZ IAS has made the list. Its 2022 ranking is seven positions higher than its placement in 2021.

CBIZ, Inc. (NYSECBZ), a leading provider of financial, insurance and advisory services, has released the Q1 2022 CBIZ Main Street Index, which takes the pulse of and gauges the outlook for small and mid-sized businesses (SMBs). The findings reveal a theme of resiliency among employers in the face of persistently high inflation, a tight labor market and lingering supply chain issues.

CBIZ, Inc., (NYSECBZ) is saddened to share news of the passing today of Steven L. Gerard, the company’s Chairman and former Chief Executive Officer, following a brief illness. Mr. Gerard was 76 years old.

The CBIZ Small Business Employment Index (“SBEI”) reported a seasonally adjusted increase of 0.1% in March, a reversal of the hiring declines seen over the previous two months. The CBIZ SBEI tracks payroll and hiring trends for over 3,700 companies that have 300 or fewer employees, providing broad insight into small business trends.

The CBIZ Small Business Employment Index (“SBEI”) reported a seasonally adjusted decrease of 0.95% in January, a reversal of the hiring gains seen in December. The CBIZ SBEI tracks payroll and hiring trends for over 3,500 companies that have 300 or fewer employees, providing broad insight into small business trends.

CBIZ, Inc. (NYSECBZ), a leading provider of financial, insurance and advisory services, has released the Q4 2021 CBIZ Main Street Index, which takes the pulse of and gauges the outlook for small and mid-sized businesses (SMBs). The findings reveal an increasing number of employers are responding to worker demands for better pay and benefits, as changes to the job market landscape continue amid the ongoing pandemic. The survey also found nine of 10 SMBs are struggling to hire workers, inflation remains a top-of-mind issue, and the rising cost of goods and services is affecting the bottom line of many companies.

The CBIZ Small Business Employment Index (“SBEI”) reported a seasonally adjusted increase of 1.05% in December, offering a positive sign on the heels of the hiring decline seen in November. The CBIZ SBEI tracks payroll and hiring trends for over 3,700 companies that have 300 or fewer employees, providing broad insight into small business trends.

CBIZ, Inc. (NYSECBZ), a leading provider of financial, insurance and advisory services, announces that nominations are now open for its second-annual Women Transforming Business Award. The award, powered by CBIZ’s Women's Advantage (“CWA”), honors leaders of influence who have made an impact in their communities and organizations by demonstrating financial, cultural or innovative strength. Nominations are now open and finalists will be announced on International Women’s Day on March 8, 2022. Finalists will be recognized and winners announced in a virtual event at the end of April, 2022.

The CBIZ Small Business Employment Index (“SBEI”) reported a seasonally adjusted decrease of -0.25% in November, which is a reversal of the positive hiring growth seen in both October and September. The CBIZ SBEI tracks payroll and hiring trends for over 3,700 companies that have 300 or fewer employees, providing broad insight into small business trends.

The CBIZ Small Business Employment Index (“SBEI”) reported a seasonally adjusted increase of 1.07% in October, which is a significant jump from the mildly positive report in September. The CBIZ SBEI tracks payroll and hiring trends for over 3,700 companies that have 300 or fewer employees, providing broad insight into small business trends.

CBIZ InR Advisory Services, a division of CBIZ, Inc., a national leading provider of financial, insurance and advisory services, has been approved by the state of New Jersey as a Fiduciary Investment Advisor. Following an extensive review and proposal process, CBIZ InR was appointed as an approved vendor, allowing the state’s 457 retirement plans the option to engage with the firm as its investment advisor.

CBIZ, Inc. (NYSECBZ), a leading provider of financial, insurance and advisory services, has released the Q3 2021 CBIZ Main Street Index, which takes the pulse and gauges the outlook of small and mid-sized businesses (SMB). The findings reveal that while companies continue to be concerned about the effects of the COVID-19 pandemic, the majority are not mandating vaccines for their staff. Other top concerns among businesses include proposed changes to the nation’s tax policy, according to about one-third of businesses surveyed; and inflation, which has prompted a decline in business confidence for the next year.

The CBIZ Small Business Employment Index (“SBEI”) reported a seasonally adjusted increase of 0.21% in September, reversing reported declines in August and demonstrating a positive indicator for the labor market. The CBIZ SBEI tracks payroll and hiring trends for over 3,700 companies that have 300 or fewer employees, providing broad insight into small business trends.

The CBIZ Small Business Employment Index (“SBEI”) reported a seasonally adjusted decrease of 1.79% for August, marking a significant decline following two months of growth during the summer season. The CBIZ SBEI tracks payroll and hiring trends for over 3,600 companies that have 300 or fewer employees, providing broad insight into small business trends.

The CBIZ Small Business Employment Index (“SBEI”) reported a seasonally adjusted increase of 1.99% for July. Marking a second straight month of gains, the July reading depicted a marked increase among hiring efforts and eclipses the more nominal changes seen since the wider reopening of the economy in the spring. The CBIZ SBEI tracks payroll and hiring trends for over 3,600 companies that have 300 or fewer employees, providing broad insight into small business trends.

The CBIZ Small Business Employment Index (“SBEI”) reported a seasonally adjusted increase of 0.34% for June. This increase is a positive sign of growth for the small business sector and its overarching trajectory for economic recovery. The CBIZ SBEI tracks payroll and hiring trends for over 3,600 companies that have 300 or fewer employees, providing broad insight into small business trends.

CBIZ, Inc. (NYSECBZ), a leading provider of financial, insurance and advisory services, has released the Q2 2021 CBIZ Main Street Index to quantify the recovery of the small and mid-sized business (SMB) marketplace from the COVID-19 pandemic. The findings reveal that business owners are increasingly confident and the number of businesses reporting revenue growth has doubled, despite heightened challenges around reaching maximum staffing levels.

CBIZ, Inc. (NYSECBZ), a leading national provider of financial, insurance, advisory and other professional services, will anchor a new, Class A office building in Independence, Ohio – its proud corporate home for over 20 years – beginning in fall 2022, the company announced today.

The CBIZ Small Business Employment Index (“SBEI”) reported a seasonally adjusted decrease of 0.21% for May. The downturn follows noteworthy growth in April and occurs despite continued economic reopening in May. The CBIZ SBEI tracks payroll and hiring trends for over 3,500 companies that have 300 or fewer employees, providing broad insight into small business trends.

The CBIZ Small Business Employment Index (“SBEI”) reported a seasonally adjusted gain of 3.57% for April. The remarkable gain in the reading highlights the quickened pace of hiring efforts as small businesses engage in increased economic activity. The CBIZ SBEI tracks payroll and hiring trends for over 3,500 companies that have 300 or fewer employees, providing broad insight into small business trends.