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May 2009
AN OPEN LETTER TO ADP AND PAYCHEX PAYROLL CLIENTS
Review Your ADP or Paychex Invoices CAREFULLY
Look For Unrequested Services And Stealth Price Increases
Charles J. Read, Inc. (CJR) is Offering a Special Promotion for Existing ADP and Paychex Clients
ADP(1) and Paychex(2) are projecting increased revenues for their fiscal years ending 2009 - but both have lost clients and transactions due to the economy. So where is the increased revenue coming from? It is coming from existing clients. As an existing client of ADP or Paychex you can expect - assuming you haven't already experienced - your cost to increase and the appearance of several new services or products you may or may not have agreed to.
Why is this happening? ADP and Paychex are publicly traded enterprises with significant overhead and enormous pressure from Wall Street to increase revenues and margins. But things are different at Charles J. Read, Inc. (CJR).
Since our founding in1991 we have intentionally kept our business lean and without the encumbrances bestowed upon public enterprises or those wishing to become one. We have grown our business slowly and organically. We process payroll in 44 states through a network of 28 affiliates. All this allows us to make the following offer for existing ADP and Paychex clients:
"CJR will beat ADP’s or Paychex’s price by 25%(3) AND guarantee that we will not increase this price for three years."
If you’d like to take advantage of our offer then call 1-888-999-0937 and we will have our local affiliate call you back with more about our offer and services. Better yet call Charles himself at 214-222-0310!
Charles J. Read. Local folks. Community values. Keeping it safe.
(1) ADP in their earnings release dated March 25, 2009 stated.
"The decline is primarily from employee contraction within the client base. Despite the difficult selling environment, we are still on track to deliver over $1 billion in worldwide new business sales in fiscal 2009 for Employer Services and PEO Services on a combined basis."
http://www.investquest.com/iq/a/adp/ne/news/adp032509.htm
(2) Paychex in their earnings release dated March 15, 2009 described:
"Payroll service revenue increased 2% to $381.2 million for the third quarter from the same period last year. The increase was primarily due to price increases and growth in the utilization of ancillary payroll services."
http://www.reuters.com/article/pressRelease/idUS203117+25-Mar-2009+BW20090325
(3) See flyer for details.
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