CBIZ


Associated tags: Accounting, Insurance, Professional Services, CBZ, Human Resources, Finance, Consulting, Small Business, NYSE, Index

Locations: PHILADELPHIA, CALIFORNIA, COLORADO, PA, OHIO, SOMERSET, UNITED STATES, NORTH AMERICA, READING, CENTRAL

Small Businesses Kick-off Q2 with an Uptick in Hiring

Retrieved on: 
Tuesday, May 7, 2024
Professional Services, Public Policy, Government, Business, Small Business, Human Resources, Labor, Small business, Education minister, Creative Commons, Employment, Growth, Unemployment, Labour, ADP, Public utility, Recreation, Bureau, CFA, Financial services, Index, Entertainment

The CBIZ Small Business Employment Index (“SBEI”) reported a seasonally adjusted increase of 0.29% in April, marking the third consecutive month of hiring gains for small businesses.

Key Points: 
  • The CBIZ Small Business Employment Index (“SBEI”) reported a seasonally adjusted increase of 0.29% in April, marking the third consecutive month of hiring gains for small businesses.
  • The CBIZ SBEI tracks payroll and hiring trends for over 3,000 companies that have 300 or fewer employees, providing broad insight into small business trends.
  • Meanwhile, the ADP employment report indicated hiring growth among small, medium and large-sized companies.
  • Small businesses accounted for an increase of 38,000 of those jobs on a seasonally adjusted, month-over-month basis.

CBIZ REPORTS FIRST-QUARTER 2024 RESULTS

Retrieved on: 
Thursday, April 25, 2024
Table, EBK, CBZ, Insurance, Acquisition, EPS, GAAP, Growth, Security (finance)

CLEVELAND, April 25, 2024 /PRNewswire/ -- CBIZ, Inc., (NYSE: CBZ) ("CBIZ" or the "Company"), a leading provider of financial, insurance and advisory services, today announced results for the first quarter ended March 31, 2024.

Key Points: 
  • CLEVELAND, April 25, 2024 /PRNewswire/ -- CBIZ, Inc., (NYSE: CBZ) ("CBIZ" or the "Company"), a leading provider of financial, insurance and advisory services, today announced results for the first quarter ended March 31, 2024.
  • For the 2024 first quarter, CBIZ recorded revenue of $494.3 million, an increase of $39.7 million, or 8.7%, compared with $454.6 million reported for the same period in 2023.
  • Adjusted EBITDA for the first quarter of 2024 was $118.8 million, up 4.8% compared with $113.3 million for the same period in 2023.
  • CBIZ will host a conference call at 11:00 a.m. (ET) today to discuss its results.

CBIZ TO ANNOUNCE FIRST-QUARTER 2024 RESULTS ON APRIL 25, 2024

Retrieved on: 
Thursday, April 11, 2024
Insurance, CBZ, Webcast

CLEVELAND, April 11, 2024 /PRNewswire/ -- CBIZ, Inc., (NYSE: CBZ) ("the Company") a leading provider of financial, insurance and advisory services, will announce its financial results for the first quarter ended March 31, 2024, before markets open on Thursday, April 25, 2024.

Key Points: 
  • CLEVELAND, April 11, 2024 /PRNewswire/ -- CBIZ, Inc., (NYSE: CBZ) ("the Company") a leading provider of financial, insurance and advisory services, will announce its financial results for the first quarter ended March 31, 2024, before markets open on Thursday, April 25, 2024.
  • A conference call to discuss the Company's financial results will be hosted by CBIZ President and CEO Jerry Grisko and CFO Ware Grove at 11 a.m. (ET) on Thursday, April 25, 2024.
  • The conference call will be webcast live on the investor relations page of the CBIZ website at https://cbiz.gcs-web.com/investor-overview .
  • Investors can register at https://dpregister.com/sreg/10188094/fc2e2d0632 to receive the dial-in number and a unique personal identification number.

Hiring Growth for Small Businesses Continues in March

Retrieved on: 
Tuesday, April 9, 2024
Insurance, Human Resources, Labor, Finance, Consulting, Public Policy, Government, Professional Services, Small Business, Other Professional Services, Employment, Entertainment, Growth, Labour, Federal, Bureau, Small business, Creative Commons, CFA, Index, Recreation, Atmosphere, Federal Reserve, ADP

The CBIZ SBEI tracks payroll and hiring trends for over 3,000 companies that have 300 or fewer employees, providing broad insight into small business trends.

Key Points: 
  • The CBIZ SBEI tracks payroll and hiring trends for over 3,000 companies that have 300 or fewer employees, providing broad insight into small business trends.
  • Meanwhile, the ADP employment report indicated hiring growth among small, medium and large-sized companies.
  • Small businesses accounted for an increase of 16,000 of those jobs on a seasonally adjusted, month-over-month basis.
  • Whether small businesses can continue this hiring trend is up in the air.

CBIZ’s 2024 State of Health Care Report Highlights Areas of Priority for Employer Benefit Plan Sponsors

Retrieved on: 
Tuesday, April 2, 2024
Consulting, Professional Services, Managed Care, Health, General Health, Small Business, Health Insurance, Genetics, Insurance, Human Resources, Finance, Steps, Element, Diagnosis, CBZ, Organization, Family, Infertility, Talent, Communication, Health insurance

CBIZ (NYSE: CBZ), a leading national provider of insurance, financial and advisory services, released its second annual State of Health Care Report.

Key Points: 
  • CBIZ (NYSE: CBZ), a leading national provider of insurance, financial and advisory services, released its second annual State of Health Care Report.
  • The State of Health Care Report includes responses from 338 businesses, spanning more than 27 states, the majority of which have more than 100 employees.
  • The survey provides insight into employer priorities, top health plan features, and emerging mental and physical health benefit trends to watch through the remainder of 2024.
  • “The insights from our State of Health Care Report reinforce the critical link between comprehensive benefits, effective communication, and strategic cost control.

Small Businesses Maintain Steady Hiring Pace in February

Retrieved on: 
Tuesday, March 12, 2024
Insurance, Human Resources, Labor, Finance, Consulting, Public Policy, Government, Business, Professional Services, Small Business, Employment, Growth, Labour, Environment, Bureau, Small business, Creative Commons, CFA, Public utility, Index, Foodservice, ADP

The CBIZ SBEI tracks payroll and hiring trends for over 2,900 companies that have 300 or fewer employees, providing broad insight into small business trends.

Key Points: 
  • The CBIZ SBEI tracks payroll and hiring trends for over 2,900 companies that have 300 or fewer employees, providing broad insight into small business trends.
  • “Small businesses steadily expanded their workforces, driven by the current economic resilience,” said Anna Rathbun, CFA, Chief Investment Officer, CBIZ Investment Advisory Services, LLC.
  • Meanwhile, the ADP employment report indicated hiring growth among small, medium and large-sized companies.
  • Small businesses accounted for an increase of 13,000 of those jobs on a seasonally adjusted, month-over-month basis.

CBIZ Announces Honorees for Fourth Annual Women Transforming Business Awards

Retrieved on: 
Friday, March 8, 2024
Insurance, Finance, Consulting, Accounting, Professional Services, Business, Small Business, DEI (Diversity, Equity and Inclusion), Data Analytics, Other Professional Services, International, Head, CBZ, SVP, Culture, University, Organization, St. Thomas University, Woman, Management

CBIZ, Inc. (NYSE: CBZ), 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 .

Key Points: 
  • CBIZ, Inc. (NYSE: CBZ), 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.
  • “The Women Transforming Business Awards recognize current and future leaders in multiple industries who are making a difference and impact in their organizations and communities,” said Jerry Grisko, President and CEO of CBIZ.
  • For more information and to register for the event, visit the Women Transforming Business Awards page .

Small and Mid-Sized Businesses Report Rise in Economic Confidence as Interest Rate Concerns Decline

Retrieved on: 
Tuesday, February 20, 2024
Professional Services, Business, Small Business, Finance, Consulting, Banking, AI, Intelligence, CBZ, Growth, Treasury, Pulse, Hoarding, Luigi, Insurance

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.

Key Points: 
  • 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.
  • Headcounts remained more stable this quarter (63%), compared to Q3 of last year (54%), with businesses reporting fewer hiring freezes and layoffs.
  • Additionally, compared to the previous Index, 15% more businesses shared that higher borrowing costs are not impacting their funding needs.

CBIZ ACQUIRES COMPUDATA, INC.

Retrieved on: 
Wednesday, March 6, 2024
Diamond, Cloud, ERP, CBZ, Organization, Cloud computing, Microsoft, Insurance, Software, Partnership

They provide cloud computing, accounting ERP software, managed IT and security to clients with the tools to scale, protect, and streamline their organizations.

Key Points: 
  • They provide cloud computing, accounting ERP software, managed IT and security to clients with the tools to scale, protect, and streamline their organizations.
  • Jerry Grisko, President and CEO of CBIZ, said, "We have experienced an increasingly high demand across the country for precisely the suite of services that CompuData has built an impressive reputation providing.
  • For these reasons and more, we are thrilled to welcome CompuData to CBIZ."
  • Angela Nadeau, President and CEO of CompuData, stated, "Our entire team is very excited to join forces with such a strong and nationally recognized partner such as CBIZ.

CBIZ REPORTS FOURTH-QUARTER AND FULL-YEAR 2023 RESULTS

Retrieved on: 
Thursday, February 15, 2024
Acquisition, CPA, CBZ, Table, EBK, GAAP, Webcast, Uncertainty, EPS, Insurance, Security (finance)

CLEVELAND, Feb. 15, 2024 /PRNewswire/ -- CBIZ, Inc., (NYSE: CBZ) ("CBIZ", or the "Company"), a leading provider of financial, insurance and advisory services, today announced fourth-quarter and full-year results for the period ended December 31, 2023.

Key Points: 
  • CLEVELAND, Feb. 15, 2024 /PRNewswire/ -- CBIZ, Inc., (NYSE: CBZ) ("CBIZ", or the "Company"), a leading provider of financial, insurance and advisory services, today announced fourth-quarter and full-year results for the period ended December 31, 2023.
  • For the 2023 fourth quarter, CBIZ recorded revenue of $327.5 million, an increase of $32.5 million, or 11.0%, compared with $295.0 million reported for the same period in 2022.
  • For the full year ended December 31, 2023, CBIZ recorded revenue of $1,591.2 million, an increase of $179.2 million, or 12.7%, over the $1,412.0 million for the same period in 2022.
  • CBIZ will host a conference call at 11:00 a.m. (ET) today to discuss its results.