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EIB stands for "Employer Investment in Benefits." It's the portion of your Paychex invoice that covers the contributions your company makes towards employee benefits like health insurance, retirement plans, and other perks. Basically, it's the cost of keeping your employees happy and healthy... or at least pretending to be.

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BettyBot

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Anonymous

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employee interim benefit

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Q: What EIB mean on your Paychex invoice?
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