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

CBIZ ACQUIRES ERICKSON, BROWN & KLOSTER, LLC

Retrieved on: 
Wednesday, February 7, 2024

Concurrent with this transaction, Mayer Hoffman McCann P.C., a national independent CPA firm that works closely with CBIZ, announced the acquisition of the attest assets of EBK.

Key Points: 
  • Concurrent with this transaction, Mayer Hoffman McCann P.C., a national independent CPA firm that works closely with CBIZ, announced the acquisition of the attest assets of EBK.
  • Founded in 1984, EBK provides tax and accounting services to a diverse mix of businesses including automotive, wholesale, medical services, real estate, manufacturing, and non-profit.
  • We are pleased to welcome Phil Erickson, Jeff Rosacker and the entire EBK team to CBIZ."
  • We look forward to working with CBIZ to better serve the community our firm has supported for multiple generations."

Small Businesses Kick-off 2024 with a Decline in Hiring

Retrieved on: 
Tuesday, February 6, 2024

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.
  • “January's modest hiring decrease aligns with seasonal trends, yet signals a pivotal moment for small businesses,” said Anna Rathbun, CFA, Chief Investment Officer, CBIZ Investment Advisory Services, LLC.
  • Small businesses accounted for an increase of 25,000 of those jobs on a seasonally adjusted, month-over-month basis.
  • January's hiring decrease suggests small businesses are entering a period of caution, with an eye on navigating the traditionally slower post-holiday months in a tight labor market.

CBIZ TO ANNOUNCE FOURTH-QUARTER AND FULL-YEAR 2023 RESULTS ON FEBRUARY 15, 2024

Retrieved on: 
Wednesday, January 31, 2024

CLEVELAND , Jan. 31, 2024 /PRNewswire/ -- CBIZ, Inc., (NYSE: CBZ) ("the Company") a leading provider of financial, insurance and advisory services, will announce its financial results for the fourth quarter and full year ended December 31, 2023, before markets open on Thursday, February 15, 2024.

Key Points: 
  • CLEVELAND , Jan. 31, 2024 /PRNewswire/ -- CBIZ, Inc., (NYSE: CBZ) ("the Company") a leading provider of financial, insurance and advisory services, will announce its financial results for the fourth quarter and full year ended December 31, 2023, before markets open on Thursday, February 15, 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, February 15, 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/10186120/fb802b0968 to receive the dial-in number and a unique personal identification number.

Small Businesses Wrap-Up 2023 with Minimal Hiring Gains

Retrieved on: 
Tuesday, January 9, 2024

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.

Key Points: 
  • 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.
  • Small businesses accounted for an increase of 74,000 of those jobs on a seasonally adjusted, month-over-month basis.
  • Geographical hiring: The West (1.31%) reported the largest hiring increase, followed by the Central (0.91%), Northeast (0.42%), and Southeast (0.12%) regions.
  • Despite growth, the modest hiring in December could point to some weaknesses as small businesses look ahead to the typically slower months after the holidays.

Small Business Hiring Experiences Flat Reading in November

Retrieved on: 
Tuesday, December 12, 2023

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.

Key Points: 
  • 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.
  • Meanwhile, the ADP employment report indicated hiring growth among small, medium and large-sized companies.
  • Geographical hiring: The West (1.72%) reported a hiring increase, while the Central (0.05%) and Southeast (-0.07%) regions both showed a flat reading.

CBIZ Appointed to International Benefits Network Global Council

Retrieved on: 
Thursday, November 30, 2023

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.

Key Points: 
  • 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.
  • There is a regular and thorough quality review process that ensures that IBN consultants are leading experts.
  • “We are honored to be members of the International Benefits Network and grateful to be entrusted on the Global Council,” said Michael Kouzelos, President of Benefits & Insurance Services Inc. “The partnership with IBN underscores the hard work of our team and their commitment to our clients’ success.”
    CBIZ is committed to helping businesses offer dynamic benefits that are adaptive to the changing needs of employees.

Fourth Annual Women Transforming Business Awards Nominations Now Open

Retrieved on: 
Thursday, November 9, 2023

CBIZ, Inc. (NYSE: CBZ), 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).

Key Points: 
  • CBIZ, Inc. (NYSE: CBZ), 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 Women Transforming Business Awards recognize the work of women business leaders who mirror the philosophy of CBIZ Women’s Advantage (CWA), a platform established by CBIZ in 2007 to support the advancement of women in business through professional development, mentorship and networking.
  • Today, these awards have evolved to honor women excelling in business and serve as a source of inspiration for the future generation of leaders.
  • “The Women Transforming Business Awards demonstrate our commitment to recognizing and advancing women in both the private and public sectors,” said Jerry Grisko, President and CEO of CBIZ.

CBIZ, Inc. Appoints Jaileah Huddleston Chief Legal Officer and Corporate Secretary

Retrieved on: 
Wednesday, November 8, 2023

CBIZ, Inc. (NYSE: CBZ), 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.

Key Points: 
  • CBIZ, Inc. (NYSE: CBZ), 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.
  • As Chief Legal Officer and Corporate Secretary, Huddleston will be responsible for overseeing all CBIZ legal affairs, managing day-to-day legal operations, supporting the Board of Directors, collaborating with cross-functional teams to advance and achieve business objectives, and protecting the company’s interests.
  • “I look forward to partnering with the leadership and legal teams to drive growth and advance the corporate strategy.

October Hiring Experiences Second Straight Month of Declines

Retrieved on: 
Tuesday, November 7, 2023

The CBIZ Small Business Employment Index (“SBEI”) reported a seasonally adjusted decrease of 1.25% in October as small business hiring experienced a second straight month of declines, and losses in three of the last four months.

Key Points: 
  • The CBIZ Small Business Employment Index (“SBEI”) reported a seasonally adjusted decrease of 1.25% in October as small business hiring experienced a second straight month of declines, and losses in three of the last four months.
  • 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.
  • The Northeast (-1.64%) and Central (-1.32%) regions experienced the largest declines in hiring, followed by the Southeast (-0.84%) and West (-0.80%) regions.
  • Geographical hiring: The Northeast (-1.64%), Central (-1.32%), Southeast (-0.84%) and West (-0.80%) regions all experienced declines in hiring.

CBIZ REPORTS THIRD-QUARTER AND NINE-MONTH 2023 RESULTS

Retrieved on: 
Thursday, October 26, 2023

CLEVELAND, Oct. 26, 2023 /PRNewswire/ -- CBIZ, Inc., (NYSE: CBZ) ("CBIZ" or the "Company"), a leading provider of financial, insurance and advisory services, today announced results for the third quarter ended September 30, 2023.

Key Points: 
  • CLEVELAND, Oct. 26, 2023 /PRNewswire/ -- CBIZ, Inc., (NYSE: CBZ) ("CBIZ" or the "Company"), a leading provider of financial, insurance and advisory services, today announced results for the third quarter ended September 30, 2023.
  • For the nine months ended September 30, 2023, CBIZ recorded revenue of $1,263.6 million, an increase of $146.7 million, or 13.1%, over the $1,116.9 million recorded for the same period in 2022.
  • Acquisitions, net of divestitures, contributed $62.6 million, or 5.6%, to revenue growth in the nine months ended September 30, 2023.
  • CBIZ will host a conference call at 11:00 a.m. (ET) today to discuss its results.