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PODCAST

THRIVE, a Paychex Business Podcast

Designed for those who crave the inside scoop on everything from people to policy to profits, each THRIVE episode transforms complex business and HR topics into clear, actionable advice. Whether you’re an entrepreneur, a seasoned business owner, or an aspiring leader, this podcast is your go-to source for cutting through the noise and gaining a competitive advantage.

business management

All Episodes

07:43

Will Regulatory Agencies Be Unable to Regulate?...

THRIVE, a Paychex Business Podcast ·

2024/01/25

If you’re running a business, a herring fisherman baited the hook with a case now before the Supreme Court that might limit a federal agency’s power to expand on a ruling to further regulate your business. Gene Marks says this could make many businesses happy, maybe as happy as the news that the American consumers are upbeat about the economy and continuing to spend. Gene Marks shares some insights on the news, including the benefits employers are finding with an older workforce. Listen to the

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31:36

Retired 4-Star General Stanley McChrystal: From...

THRIVE, a Paychex Business Podcast ·

2024/01/23

Retired Army Gen. Stanley McChrystal says at the core of good leadership is communication and clear direction, whether commanding troops in battle or leading your team on a business project. He speaks with host Gene Marks on the Paychex THRIVE podcast about good leadership qualities such as self-discipline, adjusting your approach as you gain more experience, getting your hands in the mix regardless of title, and surrounding yourself with people whose skillsets and thought processes augment yours –

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09:48

U.S. DOL Final Rule on Worker Classification Will...

THRIVE, a Paychex Business Podcast ·

2024/01/18

With the release of the Final Rule on Employee or Independent Contractor Classification by the U.S. Department of Labor, businesses will have to audit their workforce to determine if individuals are classified properly under the Fair Labor Standards Act. The rule takes effect March 11, 2024, unless it is challenged in court and enjoined. Gene Marks explains the six factors businesses have to consider when analyzing a worker’s classification, and why the financial stakes are so high if improperly

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22:45

How AI Maximizes Phone Call Intelligence for Lead...

THRIVE, a Paychex Business Podcast ·

2024/01/16

Digital technology that gave us texting hasn't devalued phone conversations, which are a treasure trove of insights that can help boost a company's lead generation and growth. Ryan Johnson, the Chief Product Officer at CallRail, tells Paychex THRIVE podcast host Gene Marks that businesses relying heavily on phone calls for lead generation can maximize their marketing efforts with the granular details his company can obtain from their AI-powered lead intelligence platform. It can integrate with other

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08:20

Job Growth Continues in South and Major Metros,...

THRIVE, a Paychex Business Podcast ·

2024/01/11

For 33 consecutive months, the small business community has shown resiliency by adding jobs. Highlights from the Paychex Small Business Employment Watch includes data from the region and major metros consistently leading the way. The federal government also released positive numbers on jobs, but primarily in only four industry sectors. Gene Marks shares what this might mean for businesses, as well as why employers should be prepared with another looming federal government shutdown. Listen to the

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28:33

N.J. Gov. Murphy: Modernizing Through AI Hub, Liquor...

THRIVE, a Paychex Business Podcast ·

2024/01/09

Gov. Phil Murphy of New Jersey has his sights set on making the Garden State the East Coast AI hub. Working with Princeton University, his administration is assembling a task force with people who can handle the tech side and the practical governance in hopes of using the results to improve the delivery of government services and more. Gov. Murphy also talks with host Gene Marks on the Paychex THRIVE podcast about how the Main Streets of New Jersey could get a boost from a change in the liquor

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15:59

Enhance the Online Search Experience with the Right AI

THRIVE, a Paychex Business Podcast ·

2024/01/03

People want an online experience where they can easily find what they’re looking for. Algolia provides the AI search tools to help businesses make their content or products more searchable. In fact, if Algolia was a public company, it would be the second-largest search engine in the world behind Google. Sean Mullaney is chief technology officer at Algolia and joins Gene Marks on Paychex THRIVE, a Business Podcast, to share what the company is all about and how they are integrating AI in their

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07:49

Job Switching, Coffee Badging, ERTC Disclosure...

THRIVE, a Paychex Business Podcast ·

2023/12/28

According to a recent worldwide survey, 25% of people are prepared to leave their current jobs, with better pay and perks topping the list of desires, and work-life balance valued, as well. Gene Marks shares some thoughts on this, as well as the apparent protest move of coffee badging, which should really make employers take a closer look at their office policies about remote work. The IRS is accepting the return wrongfully attained ERTC funds – and is throwing in a discount – and you’d be surprised

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08:03

Holiday E-Commerce Sales Up, Extensions Sought for...

THRIVE, a Paychex Business Podcast ·

2023/12/21

Despite disparity in the reporting of e-commerce sale figures, one thing is apparent: people are spending and the holiday shopping season is off to a good start. However, Gene Marks still has reservations on sustainability in 2024 because the GDP currently is being propped up by U.S. consumers. In other news, extensions are afloat, from a bill seeking to change the beneficial ownership information reporting deadlines to pushes by each party around R&D credits to child tax credits. Get more

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45:34

Business Technology, HR, and Embracing...

THRIVE, a Paychex Business Podcast ·

2023/12/19

Rising to the C-Suite takes more than just an MBA. Host Gene Marks has a conversation with recently retired Paychex CFO and current senior advisor to the CEO, Efrain Rivera, about his interesting career path and the crucial aspects he sees as being essential in business. This episode of Paychex THRIVE, a Business Podcast, also shares insights on financial literacy, strategic decision-making, hiring, technology, professional relationship building, and more, and how leveraging that knowledge to create

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08:15

What Does Job Data Really Tell Us? Tips to Lower...

THRIVE, a Paychex Business Podcast ·

2023/12/14

Unemployment has dropped, jobs are being added, but job openings are decreasing by millions. Gene Marks says this gives him reservation but also shares that small businesses have opportunities to add some quality talent. Also available for your business is a chance to lower taxes by using write-offs, paying bonuses, cleaning up the balance sheet. And have you heard of food digging? Gene shares insights on a new practice by some restaurants but he also has reservations. Listen to the

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24:07

BOI Compliance Deadline: What Businesses Should Know

THRIVE, a Paychex Business Podcast ·

2023/12/12

In an effort to combat illicit activities such as money laundering and terrorist funding, the Financial Crimes Enforcement Network (FinCEN), under the authority of the Corporate Transparency Act (CTA), will require businesses to report beneficial ownership information (BOI) starting in 2024. On this episode of Paychex THRIVE, a Business Podcast, host Gene Marks speaks with Stephen Dombroski, a Senior Payroll Tax Manager in Compliance for Paychex, on compliance requirements, potential penalties for

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07:03

Consumer Sentiment Down, Credit Access Could Tighten,...

THRIVE, a Paychex Business Podcast ·

2023/12/08

The University of Michigan’s monthly consumer sentiment survey shows a fourth straight decline, which has Gene Marks worried that, despite signs to the contrary, Americans might be slowing on their purchase of goods. Some businesses might be disproportionately disadvantaged if a proposed rule for banks creates a credit access issue. And the time might be right for smaller businesses to win the battle for labor, as 21% of all job openings in the U.S. are at businesses with 1 to 9 employees. Listen to

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30:52

How to Leverage AI for Small Business Owners

THRIVE, a Paychex Business Podcast ·

2023/12/05

In this episode of the Paychex THRIVE, a Business Podcast, host Gene Marks talks with Thea Ducrow, CEO of Creative AI Leadership Consulting, about the role of artificial intelligence (AI) in human resources (HR) for small businesses. Learn about the advancement of AI applications, such as ChatGPT and how it can benefit business owners by providing smarter and more professional assistance. Gene and Thea also dive into debunking the extreme views about AI and job loss, and provide insights and

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08:03

1099-K Reporting, Funding for Disadvantaged...

THRIVE, a Paychex Business Podcast ·

2023/11/30

No news is good news, according to Gene Marks, who shares details about the IRS delaying the Form 1099-K threshold change in 2023. So, if you’re using a third-party platform such as PayPal or Venmo to receive payment for services, you have a reprieve this tax season. Gene also talks about the State Small Business Credit Initiative that is pumping millions into states to share with disadvantaged and minority-owned businesses. Plus, hybrid work policies are found to increase productivity. Listen to

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29:30

Economic Uncertainties and Small Business Hiring

THRIVE, a Paychex Business Podcast ·

2023/11/28

In our latest episode of Paychex THRIVE, a Business Podcast, Managing Director of Government Affairs at Goldman Sachs, Joe Wall and host Gene Marks are giving their expert views on the capital and credit hurdles facing small businesses. Hear as they talk about the disparities in capital access, the potential solutions and strategies for businesses, how businesses can navigate this rapidly changing landscape, and much more. Topics Include: 00:00 – Episode preview 00:19 – Welcome, Joe Wall 00:50 –

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09:09

NLRB Sued over Joint Employer Rule, Minimum Wages,...

THRIVE, a Paychex Business Podcast ·

2023/11/24

The National Labor Relations Board released a final Joint Employer rule that was met with a lawsuit and other opposition from industry groups such as franchises. Gene Marks, who says it could impact his small business, as well, is not in favor. Gene also talks about the states where minimum wage increases are going into effect in 2024, and tips for small businesses to get in on opportunities for government contracts. Listen to the podcast. DISCLAIMER: The information presented in this podcast, and

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01:24:03

Businesses Need to be Aware of the Top Regulatory...

THRIVE, a Paychex Business Podcast ·

2023/11/21

After months and even years of discussions, several federal agencies have begun releasing or nearing release of new regulations that will impact businesses on everything from wage and hour issues such as overtime, as well as worker classification. On this episode of Paychex THRIVE, a Business Podcast, Director Compliance Mike Trabold speaks with host Gene Marks, setting the stage on what to expect in 2024 while offering tips for businesses on a Joint Employer rule, the Overtime rule, minimum wage

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08:13

Household Debt is Red Flag, Make Banks Your Friends,...

THRIVE, a Paychex Business Podcast ·

2023/11/16

With a spike of 1.3% and 3% in the third quarter for household debt and credit card delinquencies, respectively, Gene Marks shares his concern that strong consumer spending is masking the red flags for a potential slowdown in 2024. He also says that small businesses should lean into their banks for advice, especially with changes lenders have made to improve their services. And, if you’re eating at one Georgia restaurant, corral your kids or you could get hit with a surcharge. Listen to the

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32:33

Using Foundations and AI to Keep Your Company Safe...

THRIVE, a Paychex Business Podcast ·

2023/11/14

For over 10 years, Mastercard has been using artificial intelligence to protect its customers. Today, Deputy Chief Security Officer, Alissa “Dr. Jay” Abdullah says we can’t forget the basics in protecting ourselves from cyber-attacks. Take a listen to hear as Dr. Jay talks with Gene Marks, host of Paychex THRIVE, a Business Podcast, about the importance of using basic foundations and training alongside AI when it comes to your company’s cyber security. Topics Include: 00:00 – Episode preview 00:27 –

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523 results

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