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Employer Quick Look

Paychex, Inc.

 
Overview
Paychex, Inc. is a recognized leader in the payroll and human resource industry, serving approximately 572,000 businesses nationwide. With president and chief executive officer Jonathan J. Judge at the helm, the Paychex commitment to its customers remains as strong today as it was when the company was founded by B. Thomas Golisano in 1971.

Golisano started the company with just $3,000 and a great idea – to make payroll outsourcing easy and affordable for small businesses. He saw the huge untapped market of American businesses with fewer than 100 employees. Golisano went to his employer at the time, a regional payroll processor for big businesses, with his plan. The company wasn’t interested, so Golisano struck out on his own. He launched Paychex with just one employee.

That small operation grew to include 18 franchises and partnerships, which were eventually consolidated into one private company in 1979. In 1983, Paychex went public and began trading on the NASDAQ Stock Market. Since then, Paychex has registered a record of steady growth.

Today, Paychex offers an ever-growing variety of payroll and human resource products and services to help clients do what they do best – run their business. From calculating payroll and filing tax payments to administering retirement plans and workers’ compensation, Paychex gives its clients relief from administrative hassles so they can focus on their bottom line.

In addition to its core payroll service, Paychex meets the more complex requirements of large businesses with its Major Market Payroll Services and Paychex Premier® Human Resources – a comprehensive human resource outsourcing solution for any size business.

Paychex is headquartered in Rochester, NY and has more than 100 locations across the country. In fiscal 2009, Paychex revenues exceeded $2 billion
Career Opportunities
Ethisphere

Paychex was honored by the Ethisphere Institute as one of the World’s Most Ethical Companies for 2014, the sixth time it achieved this distinction for promoting the highest of ethical standards. March 2014

FORTUNE

Paychex was named one of World’s Most Admired Companies by FORTUNE magazine, the eighth time the company was recognized with this honor since 2007. FORTUNE ranked companies in 57 industries. Paychex was among the top companies in the Financial Data Services industry. March 2014

Training

Paychex ranked No. 16 on Training magazine's list of Top 125 training organizations in the country. This is the 13th consecutive year Paychex has appeared on the list. February 2014

Selling Power

Paychex came in at No. 14 in its inaugural appearance on Selling Power magazine’s “50 Best Companies to Sell For” list for 2013. The magazine evaluated companies in areas including company revenue and growth, sales compensation packages, sales culture, training and coaching processes, annual turnover percentage, and company reputation and recognition. October/November/December 2013

Small Business Influencer

For the second year in a row Paychex was named a Top 100 Champion by the Small Business Influencer Awards, honoring the companies, organizations, apps, and people that make a significant impact on small businesses in North America through the products, services, knowledge, information, or support they provide. October 2013

InformationWeek 500

Paychex placed in the top 250 of the InformationWeek 500, an annual list honoring the nation’s most innovative users of business technology. This is the third year in a row that Paychex earned this national industry recognition. September 2013

Business Insurance

Paychex Insurance Agency ranked No. 25 on Business Insurance magazine’s 2013 list of the Top 100 Brokers of U.S. Business, up from No. 28 last year and its third appearance on the list. Paychex Insurance Agency ranked second in the category of largest U.S. benefits specialists, up from No. 3 last year. July 2013

PLANSPONSOR

Paychex ranked No. 1 in total number of 401(k) recordkeeping plans in America and in new plans won in 2012, according to Plansponsor magazine, a national publication dedicated to the pension and retirement industry. The 15th annual recordkeeping survey put Paychex first in total recordkeeping plans for the third straight year. The company serves 60,000 plans. Paychex earned top honors for new plans won - with 13,500 new plans – for the 10th time. July 2013

National Business Group on Health

For the fifth straight year, Paychex received gold-level recognition by the National Business Group on Health for its commitment and dedication to promoting a healthy workplace and encouraging workers and families to support and maintain healthy lifestyles. Paychex was also singled out as the only organization to receive Special Recognition: Best Communications Tactics award. June 2013

Computerworld

Paychex ranked No. 77 among IDG’s Computerworld 100 Best Places to Work in IT in 2013. The award is given to organizations that challenge their IT staff while providing great benefits and compensation.  June 2013
Products
What We Do


Paychex, Inc. (NASDAQ:PAYX) is a leading national provider of payroll, human resource, and benefits outsourcing solutions for small- to medium-sized businesses. The company offers comprehensive payroll services, including payroll processing, payroll tax administration, and employee pay services, including direct deposit, check signing, and Readychex®. Human resource and benefits outsourcing services include 401(k) plan recordkeeping, workers’ compensation administration, section 125 plans, a professional employer organization, and other administrative services for business. Paychex was founded in 1971. With headquarters in Rochester, New York, the company has more than 100 offices and serves approximately 505,000 payroll clients nationwide. For more information about Paychex and our products, visit www.paychex.com.
Contact
Company Headquarters

Paychex, Inc.
911 Panorama Trail South
Rochester, NY 14625

www.paychex.com

Benefits
Health Care -
  • Medical and Vision Benefits
  • Prescription Drug Benefit
  • Dental Benefit
  • Flexible Spending Accounts for Medical/Dental and Dependent Care


Life Management Balance
  • Life Management Balance -
  • Tobacco Use Cessation Program
  • Employee Assistance Program
  • WellPower, Employee Wellness Program
  • Professional Work and Life Services
  • Travel Assistance Program
  • Childcare Program
  • Health Advocate
  • Ergonomic Solutions


Employee Development -
  • University of Paychex Training Programs (Many programs are certified by the American Council on Education for college credit.)
  • Tuition Reimbursement and Textbook Allowances


Time Away From Work -
  • Vacation
  • Floating Holidays
  • Holiday Pay
  • Family Leave


Income Protection -
  • Sick Pay
  • Short- and Long-Term Disability
  • Salary Continuation
  • Workers' Compensation


Survivor Benefits -
  • Group Term Life Insurance
  • Optional Employee Life Insurance
  • Optional Dependent Life Insurance
  • Business Travel Accident Insurance


Preparing for the Future -
  • 401(k) Retirement Savings Plan
  • Employee Stock Purchase Plan
  • Financial Fitness Education Program


Additional Benefits -
  • Service Awards and Peer Recognition Programs
  • Relocation Assistance
  • Internal Career Opportunities
  • Referral Bonuses
  • Career Counseling and Mentoring
  • Employee Discounts
  • Scholarship Program


Voluntary Benefits -
  • Group Auto and Home Insurance
  • Banking Services
  • Group Long Term Care Insurance